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Ethereum Swings In A Range As It Hovers Above The ,400 Support

Ethereum Swings As It Hovers Above The $3,400 Support

Ethereum (ETH) Current StatisticsThe current price: $3,490.29Market Capitalization: $419,342,018,190Trading Volume: $14,610,280,114Major supply zones: $3,500, $4,000, $4,500Major demand zones: $2,500, $2,000, $1,500 Ethereum (ETH) Price Analysis June 13, 2024Ethereum’s (ETH) price fell between the moving average lines but hovers above the $3,400 support. The cryptocurrency has fallen to a low of $3,431 and has begun to […]

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Coinbase Sees Year’s LargestBillion Ethereum Outflow

Coinbase Sees Year’s Largest $1 Billion Ethereum Outflow

Coinbase witnessed a historic $1 billion Ethereum outflow, possibly driven by whales or unidentified institutions. On June 12th, Coinbase recorded its highest Ethereum outflow of the year, surpassing 336,000 ETH, valued at over $1 billion. This marks the fifth instance in 2024 where over 150,000 ETH has been withdrawn from the crypto exchange in a […]

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Ethereum Risks Decline As It Hovers Above The ,600 Low

Ethereum Risks Decline As It Hovers Above The $3,600 Low

Ethereum (ETH) Current StatisticsThe current price: $3,686.68Market Capitalization: $442,970,419,195Trading Volume: $7,963,981,693Major supply zones: $3,500, $4,000, $4,500Major demand zones: $2,500, $2,000, $1,500 Ethereum (ETH) Price Analysis June 10, 2024Ethereum’s (ETH) price breaks below the 21-day SMA as it hovers above the $3,600 low. Ether reached a low of $3,584 before recovering. The selling pressure has eased […]

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How L2 Chains are Transforming Blockchain Business Model

How L2 Chains are Transforming Blockchain Business Model

This article analyses the development of the fast-growing Blockchains (L2) niche market, since 2020 and highlights the new developments. The Need for Vertical Scaling on Ethereum L1 Due to the Ethereum L1 chain’s capacity constraint, vertical scaling is required. It became clear that the world economy could not be sustained by a single chain such […]

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 Top Crypto Companies Earning the Most Fees

 Top Crypto Companies Earning the Most Fees

Crypto networks generate revenue through transaction fees, which are charged when users buy, sell, or transfer crypto assets. These fees play a critical role in preventing spam, securing the blockchain, and supporting platform development. For investors, fees serve as a key indicator of a company’s financial health and operational success. Top 5 Crypto Investments, Ranked […]

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Ethereum Slumps as It Risks a Decline above the ,600 Low

Ethereum Slumps as It Risks a Decline above the $3,600 Low

Ethereum (ETH) Current StatisticsThe current price: $3,737.99Market Capitalization: $449,081,014,262Trading Volume: $16,897,384,786Major supply zones: $3,500, $4,000, $4,500Major demand zones: $2,500, $2,000, $1,500 Ethereum (ETH) Price Analysis May 30, 2024Ethereum’s (ETH) price pauses after reaching a high of $3,975 as it risks a decline above the $3,600 low. On May 29, the altcoin retraced to its low […]

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Ethereum Withdrawals Climb to .2B Weekly as ETH Approaches 3-Month Peak

Ethereum Derivatives Surge as SEC Approves First Spot ETH ETFs

The U.S. Securities and Exchange Commission (SEC) unexpectedly approved the first spot Ethereum exchange-traded funds (ETFs) last week, triggering a strong rally in ETH price and a surge in derivatives market activity. According to data from Kaiko, ETH perpetual futures funding rates skyrocketed from year-to-date lows to multi-month highs within just three days of the SEC announcement. This suggests a rapid […]

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Ethereum Rises as Buyers Approach the Hurdle of ,960

Ethereum Rises as Buyers Approach the Hurdle at $3,960

Ethereum (ETH) Current StatisticsThe current price: $3,906.29Market Capitalization: $469,277,872,318Trading Volume: $18,604,108,595Major supply zones: $3,500, $4,000, $4,500Major demand zones: $2,500, $2,000, $1,500 Ethereum (ETH) Price Analysis May 28, 2024The Ethereum (ETH) price is trading above the $3,800 support as buyers approach the hurdle of $3,960. The largest altcoin is being rejected at the $4,000 overhead resistance. […]

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Ethereum Consolidates above ,700 as It Aims At a High of ,053

Ethereum Consolidates above $3,700 as It Aims At a High of $4,053

Ethereum (ETH) Current StatisticsThe current price: $3,809.23 Market Capitalization: $457.61BTrading Volume: $46.3BMajor supply zones: $3,500, $4,000, $4,500Major demand zones: $2,500, $2,000, $1,500  Ethereum (ETH) Price Analysis May 23, 2024Ethereum (ETH) price rebounds and breaks above the 50-day SMA as it aims at a high of $4,053. The largest altcoin moved between the moving average lines for […]

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