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Ethereum – Page 4 – BitcoTasks BLOG
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Is Ethereum Finally Over the Slump? These 2 On-Chain Metrics Suggests a Bullish Turn

Ethereum

Ethereum, the second largest cryptocurrency by market cap has been experiencing a prolonged period of price correction, leaving investors and traders questioning when the crypto asset will regain its upward momentum. As a result, an analyst from CryptoQuant has stage for a bullish turn. Metrics Signalling End Of The Slump According to the post by…

Is Ethereum Finally Over the Slump? These 2 On-Chain Metrics Suggests a Bullish Turn Read More »

Ethereum Transaction Costs Hit Historic Lows: What Does This Mean For ETH?

Ethereum

According to recent insights from a CryptoQuant analyst, Ethereum’s daily mean gas price has reached an all-time low, falling to roughly 2.9 Gwei. This decline in gas prices correlates with a significant drop in daily transaction fees, which now average merely $0.85, marking a multi-year low for the network. The analyst reported that this cost…

Ethereum Transaction Costs Hit Historic Lows: What Does This Mean For ETH? Read More »

Ethereum Sees Major Outflow From Mega Whales – ETH Price Drops Below $2,600

Ethereum

The crypto market has been challenging, and Ethereum (ETH), the second-largest cryptocurrency, is no exception. Despite its dominant position, the token has faced significant headwinds in recent weeks, with its price showing no signs of a sustained recovery. Key Metrics Point To Continued Bearishness According to crypto analyst Ali Martinez, some of the largest Ethereum…

Ethereum Sees Major Outflow From Mega Whales – ETH Price Drops Below $2,600 Read More »

Ethereum To Remain Under Bearish Pressure As Taker Buy/Sell Ratio Drops

Ethereum

Amidst the general financial market crash in early August, Ethereum (ETH) lost about 30% of its value, falling to $2,226 per unit. Notably in the last few weeks, the prominent altcoin has shown much resilience climbing back into the $2,600 price region. Albeit, this recent price retracement is accompanied by much uncertainty on how long…

Ethereum To Remain Under Bearish Pressure As Taker Buy/Sell Ratio Drops Read More »

Ethereum Price In Danger? Metalpha Withdraws 10,000 ETH From Lido To Binance

Ethereum

According to the latest on-chain data, a crypto company has redeemed and transferred a significant amount of Ether tokens from the staking platform Lido to the cryptocurrency exchange Binance. Could this hold a bearish consequence for the Ethereum price? Is ETH Price Preparing For Further Correction? According to data from Arkham Intelligence, digital asset management…

Ethereum Price In Danger? Metalpha Withdraws 10,000 ETH From Lido To Binance Read More »

Ethereum Price Wobbles As Inflation Sees 210,000 Added To Circulation

Ethereum

Recent market dynamics have again brought Ethereum’s supply into the spotlight and reiterated concerns about its inflationary trend. Earlier this year, Ethereum reached a significant milestone in its circulating supply, surpassing 120 million ETH and the number continues to grow. Unlike other prominent cryptocurrencies such as Bitcoin and Cardano, which have fixed supply caps, Ethereum…

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Can Solana Replicate Ethereum’s Run To Reach $1,000? Expert Answers

Ethereum

A crypto market expert has expressed bullish optimism for Solana (SOL), predicting that the cryptocurrency is currently on track to replicate Ethereum’s historical rise to new highs. As a result, the expert foresees SOL hitting new all-time highs of $1,000 this bullish cycle.  Solana Sets Sights On $1,000 On August 12, a crypto analyst identified…

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Is Ethereum Poised for Inflation? Supply Reaches New High as Staking Takes Off

Ethereum

While Ethereum hasn’t been quite consistent with its bullish trajectory in the past weeks, its circulating supply has done the opposite. According to data from Ultrasoundmoney, ETH’s circulating supply has skyrocketed to over 120.72 million ETH as of today. Although this increase in supply is not straightforwardly negative for ETH, it still marks a notable…

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The Ethereum Resurgence: Key Catalysts Poised To Drive The Crypto’s Comeback

Ethereum

In a recent report, market researcher and analyst DeFi Ignas has provided a detailed analysis of the current bearish and bullish cases for the leading altcoin, Ethereum (ETH), offering valuable insights into the cryptocurrency’s prospects. Factors Behind The Ethereum Underperformance Ethereum has struggled to keep pace with its crypto peers over the past two years,…

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Ethereum Price To Hit New All-Time High If This Happens: Crypto Analyst

Ethereum

Crypto analyst Poseidon (@CryptoPoseidonn) has released a detailed price prediction for Ethereum (ETH). His analysis, delivered to his 123,000 followers on social media platform X, revolves around the pivotal $2,160-$1,900 price range which has historically served as a significant high-timeframe (HTF) support since the summer of 2021. ETH Price Analysis: $8,000 Is Possible If ……

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Bigger Risks More Returns: Ethereum’s Volatility Surpasses Bitcoin’s by 50%, Data Shows

Ethereum

Despite Bitcoin (BTC) and Ethereum (ETH) still struggling to reclaim their all-time highs, there appears to be a distinct fact amongst both assets now, as shown in the latest data. Particularly, according to Matrixport’s recent report, Ethereum is now displaying greater price fluctuations compared to Bitcoin in the past weeks. Ethereum’s Volatile Outpacing Bitcoin’s Volatility…

Bigger Risks More Returns: Ethereum’s Volatility Surpasses Bitcoin’s by 50%, Data Shows Read More »

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