Vitalik Buterin breaks down 2023 Ethereum Foundation spending
The Ethereum Foundation increased yearly spending on new institutions, which accounted for 23.8% of the foundation’s expenses in 2022. Go to Source
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Ethereum whales buy big as ETH bottom approaches, analysts predict
Ether ETFs are on track to reach $500 million in net outflows, but according to market analysts, the ETH bottom may be in. Go to Source
Ethereum Soars Past $3,800: A Breakout With A Twist
Ethereum’s price has burst out of its channel, surging above $3,800 in a remarkable move. However, a closer look reveals a intriguing development. The Ethereum Foundation, the organization behind the cryptocurrency, has transferred 35,000 ETH (worth $94.07 million) to Kraken Deposit, sparking speculation about its intentions. According to Arkham, Ethereum Foundation (0xde0) transferred 35,000 ETH … Read more
Ethereum Technical Analysis: ETH Faces Critical Resistance at $2,800 Amid Market Indecision
On August 26, 2024, ethereum’s price hovered around the $2,739 mark, reflecting a cautious market sentiment as traders weigh the potential for further gains against looming resistance. Technical indicators across multiple timeframes reveal a mixed outlook, with key support and resistance levels tightly defining ethereum’s near-term trajectory. Ethereum Ethereum’s daily chart shows a strong downtrend … Read more
Crypto law firm loses appeal to force SEC’s hand on Ether classification
Hodl Law sued the SEC in 2022, claiming it could face the regulator’s ire for using Ethereum and wanted a court to force it to decide if ETH is a security. Go to Source
Ethereum Whale Activity Raises Red Flags As Dominance Declines
Ethereum, the second-largest cryptocurrency by market capitalization, has seen its dominance decline slightly, dropping from 16.8% to 15.2% over the past two years. Despite this modest decrease, Ethereum has managed to maintain relative stability in the ever-fluctuating crypto market. #Bitcoin Dominance has surged from 38% in Nov 2022 to a notable 56% today. Meanwhile, #Ethereum, … Read more
Ether’s price drop due to investor sentiment, not $420M ETF outflows: Nansen
Ether price is subdued by a lack of risk appetite among investors, caused by wider macroeconomic conditions. Go to Source
Ether price drops 26% since ETF launch as supply increases by 60,500 ETH
The US Ether ETFs generated over $420 million worth of selling pressure for the world’s second-largest cryptocurrency. Go to Source
Analysts Predict Ethereum Could Reach $6,404 By End Of 2024 Amid Rising ETF Interest
Top analysts, media outlets, and fund managers are collectively bullish on Ethereum’s price trajectory, predicting it will average $6,404 by the end of 2024. Forecasts vary widely, with predictions ranging from $4,400 to a staggering $166,000. What is Ethereum’s price prediction for 2024? 👀 Our latest study reveals that top analysts, outlets, and fund managers … Read more
Ethereum Faces Potential Correction To $2,350 Amid Vitalik Buterin’s Significant Movements
A recent analysis by crypto analyst Ali Martinez on X suggests that Ethereum may be forming a rising wedge pattern, a technical indicator that could signal a pullback before a possible correction to $2,350. However, Martinez notes that this bearish outlook could be invalidated if Ethereum manages to close above $2,800, a crucial resistance level. … Read more
