Ethereum Fundamentals Hint At Upside Potential As Staking Hits 29% High Ethereum is facing a critical juncture as it struggles to break above the $2,500 mark, leaving investors unsure of its next move. Despite recent price struggles, there are promising signals from the blockchain, with growing demand for ETH staking indicating long-term confidence in the … Read more
dYdX Beats Uniswap, Bitcoin Outlook Dour Analysts at Coinbase predict that Ether (ETH) could see significant growth in 2024, driven by hopes of a spot ETH ETF listing. Following the recent approval of bitcoin ETFs in the U.S., ETH reached its highest price since May 2022. Firms like BlackRock and VanEck, who were behind BTC … Read more
ETH Long-Term Holder Percentage Surpasses BTC The percentage of long-term Ethereum (ETH) holders has surpassed Bitcoin (BTC) for the second time ever, with over 70% of investors holding their assets for more than a year. This milestone for the blockchain is important for maintaining overall health, stability, and reducing price volatility. Despite Ethereum’s underperformance compared … Read more
Approximately $8.2 million worth of ETH has been moved from a wallet address associated with the FTX hacker, marking the first time assets have been transferred out of the wallet since the hack a year ago. The FTX exchange suffered a loss of over $600 million through the hack in November 2022. The hacker transferred … Read more
