Mysterious Entity Burns $4.5 Million Ethereum for Reasons Unknown
Someone with an #ENS name #nd4.eth sent more than 2,500 #ETH worth $4.5 million to a #burn address for no particular reason.
ETH Price
ETH Price Surges 10.3% Post-Shanghai Upgrade
Ethereum price surges by 10.3% following successful Shanghai/Shapella upgrade. Net deposit of ETH suggests strong demand for staking on Ethereum 2.0.
Will Ethereum Price Reach $4K as ETH Merge Closes In or Will It Decline?
ETH may reach new ATH Ethereum is close to breaking $2000 Developers aim to complete ETH merge on September 19, 2022 As days go by, the most anticipated Ethereum merge comes closer. The cryptocurrency developers are forecasted to complete the merge on September 19, 2022. The event thrilled traders and crypto analysts about the potential surge of the price of ETH in the coming days. Some are bullish that ETH may reach new ATH, while others hold their horses while waiting for the final result. Source: TradingView Despite the bearish market, Ethereum is able to prevail in defying the dragging
Ethereum Poised for $2.5K as Price Now Nears $2K Mark
Ethereum price is now prepared to reach $2,500 soon. $2,000 is relatively easy to achieve. However, RSI and trading volume suggest a sellout may happen. Ethereum (ETH) is now showing extremely bullish signals, suggesting that the bottom may have indeed been in for the second-largest cryptocurrency by market capitalization. From a low of $1,650 on August 10, ETH’s current price is now at $1,897.74, according to CoinGecko. The astounding surge in ETH price happened right after the US announced an inflation rate of 8.5%, which is even lower than the expected minimum rate of 8.7%. This caused various markets to
US Inflation Rates Fall, Bitcoin and Ethereum on the Rise
The US inflation rate fell from 9.1% in June to 8.5% in July. Both Bitcoin and Ethereum shot up in price during this time. Ethereum (ETH) continues to recover much faster than Bitcoin (BTC). It seems cryptocurrencies are on the rise again. According to US CPI data, the reason could be in thanks to falling inflation rates. In particular, it looks like the US inflation rate fell from 9.1% in June to 8.5% in July. Indeed, this is great news for the world as a whole. After all, the second quarter of 2022 led to continuous increase in multiple goods.
Ethereum Makes 12% Jump to Resume Relief Rally
Ethereum price is currently seen at $1,613.49, a 12.5% jump in the last 24 hours.. ETH has established support from $1,500-$1,610. The $1,650 price ceiling remains impregnable. The massive selloff has proven short-lived, as most cryptocurrencies are now back at relief-rally levels. In fact, Ethereum made an impressive 12% jump, confirming a solid support zone at $1,500 – $1,610. As witnessed in the chart above, ETH is now changing hands at a relatively stable range just above $1,500. This was not an easy feat to accomplish. As a matter of fact, there were at least two red candles during the
Bears Prevail: Ethereum(ETH) Market Sentiment is Bearish
The sentiment for Ethereum falls as the FOMC meeting approaches. The mood of the market for Bitcoin(BTC) and Ethereum(ETH) has turned bearish. There are now more than 84.3 million Ethereum addresses with a non-zero balance. After experiencing an upward trend, Ethereum sentiment has dropped. The market sentiment for Ethereum has turned bearish as the FOMC meeting approaches. In a recent post on Twitter, ETH was trading above $1,640 before it decreased to the lows of $1,540. According to CoinMarketCap, Ethereum is currently the second-largest cryptocurrency by market capitalization of $187,529,952,764 USD with its price sitting at $1,541.04 USD. The market
ETH Shows Mixed Signals During Consolidation
Ethereum is displaying mixed signals during its consolidation phase. However, ETH is not oversold yet, which may encourage day traders to buy in. At the time of writing, ETH is changing hands at $1,601.71, according to CoinGecko. Ethereum (ETH) continues to lead the much-needed relief rally, as it continues to establish a strong base right above the $1,500 price mark. However, a couple of signals recently appeared, causing another strong tussle between the bears and the bulls. The collective crypto market has been indecisive in the last couple of days, as Bitcoin and most altcoins are lingering longer than they
Ethereum (ETH) and Ethereum Classic (ETC) Rides the Bull, Until?
Ethereum (ETH) and Ethereum Classic (ETC) saw price surges. The price of both crypto assets shot up over the past few days. However, charts indicate a cool down period soon. Along with Ethereum’s (ETH) current bullrun, it seems that Ethereum Classic (ETC) is also regaining control. Since ETC bottomed in mid-June, the past seven days are showing a strong uptick in price action for the cryptocurrency. According to some, this surge for both the assets may simply be a temporary celebration. In particular, Ethereum Classic (ETC) is presently showing flashing signs of a possible bearish reversal. That is, in comparison
Ethereum Bleeds as Price Nosedives to Nearly $1500
Ethereum breaks its market position Proof-of-Work (PoW) to Proof-of-Stake (PoS) may happen in August ETH may surge to $2k soon Ethereum, the crypto seated next to Bitcoin continues to break its market position. To be specific, ETH dropped its price below $1900 in the past 24-hour with a decline rate of over -6%. This made Lark Davis react in a tweet post, The post stated about the sudden price change of Ethereum, “#ethereum just fell under $1,900!”. This tweet gathered different opinions in the crypto Twitter space, some were surprised while others stated their own opinion about the price crash.
ETH Overtakes $3,000 New ATH, Smashes Nestle and P&G Marketcap
Ether overtakes the bullish price of $3,000. ETH beats Nestle and P&G Market Cap Many also believe that the 2021 altseason has indeed arrived. Ethereum is now playing above the $3,000 field, as its recent performance has left Bitcoin and other altcoins in the dust. This made crypto enthusiast Funky react in a tweet post: Indeed, Funky’s reaction over Ethereum is true, as the crypto shows no sign of stopping its price boost. Along with this price boost, the ETH market cap increased to almost $400 billion. As a result, ETH overtakes the market capitalization of Nestle and P&G. Indeed,
Ethereum to Reach $3,000 New ATH Soon
Ether may soon reach its newest all-time high (ATH) at $3,000. People have been pumping ETH since the end of April 2021. Many also believe that the 2021 altseason has indeed arrived. Ethereum may soon start playing at the $3,000 field, as its recent performance has left Bitcoin and other altcoins in the dust. In fact, crypto analyst Lark Davis made his prediction last May 1. Indeed, Davis’ prediction may come to pass soon, as Ethereum is already on the verge of hitting the $3,000 level. At the time of writing, ETH price is at $2,932.35, according to CoinGecko. Meanwhile,
