Ethereum Faces Short-Term Hurdles, But Long-Term Rally Potential Remains Strong

Ethereum is currently navigating through challenges but continues to display signs of potential for a rally. With increased open interest and a rising Relative Strength Index (RSI), the market sentiment suggests higher highs and lows are on the horizon. Although a slight dip in Ethereum’s price could occur in the short term, long-term traders stand … Read more

Ethereum Foundation And Whale Activity: ETH Sales And Profits Amid Market Rebound

The Ethereum Foundation has continued its regular ETH sales, offloading another 100 ETH for 252,939 DAI just 30 minutes ago, taking advantage of today’s price rebound. This sale is part of a broader strategy by the Foundation, which has been consistently selling small portions of ETH weekly since early September. To date, they have sold … Read more

From Bitcoin to Tether: How Trump’s Campaign Quietly Raked in Millions in Crypto

Donald Trump’s 2024 presidential campaign has seen a notable influx of cryptocurrency donations. A political action committee (PAC) supporting Trump pulled in $7.5 million during the third quarter, underscoring a growing interest from the crypto community. Trump Campaign Receives $7.5 Million in Cryptocurrency Donations Trump’s campaign contributions came in via various cryptocurrencies, including bitcoin (BTC), … Read more

Bitcoin ETF Inflows Climb While Ethereum Funds Face a Day of Losses

Based on the latest figures from Tuesday’s exchange-traded fund (ETF) trading sessions, the 12 spot bitcoin ETFs experienced another day of positive inflows, totaling $371.02 million. In contrast, the nine ethereum-based ETFs recorded outflows, with $12.7 million exiting the ether funds. Bitcoin ETFs Pull in $371M While Ethereum Funds Drop by $12.7M On Tuesday, Blackrock’s … Read more

Vitalik Buterin Sells $633K Worth Of Memecoins, Likely For Charity Donations

Ethereum co-founder Vitalik Buterin recently made headlines after selling six memecoins, accumulating 257.11 ETH, valued at $633,000, in just 50 minutes. Buterin has a history of selling memecoins for charitable donations, and this time seems to be no different. The memecoins sold by Buterin include: – 330K $MSTR, worth $281,000, sold for 114 ETH – … Read more

Ethereum Staking Reaches New High As Market Activity Heats Up Around Key Price Levels

The percentage of Ethereum ($ETH) staked has surged to 28.9%, up from 23.8% in January, demonstrating growing long-term confidence in the network’s future. Notably, 15.3% of the staked ETH has remained locked for over three years, signaling strong commitment from long-term holders. 🔍 Ethereum Update: 🔐28.9% of all $ETH is now staked, up from 23.8% … Read more