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Ethereum – Page 9 – BitcoTasks BLOG
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Pectra Upgrade On Ethereum: Will It Be The Catalyst To Break Above All-Time Highs?

Ethereum

As the cryptocurrency market continues to navigate a mixed period of price stagnation and volatility with no clear path forward, all eyes are on the highly anticipated Pectra upgrade for the Ethereum (ETH) network.  Scheduled for the first quarter of 2025, this major upgrade is gaining significant attention from bullish analysts who believe it could…

Pectra Upgrade On Ethereum: Will It Be The Catalyst To Break Above All-Time Highs? Read More »

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 »

Solana (SOL) Continues Sideways Move As Outflows Record $39 Million

Cryptocurrency Market News

Solana (SOL) has recovered 30% of its price since the Black Monday crash, hovering between the $155-$140 range. Recent reports revealed the Solana-based investment products were among the largest losers last week after registering over $30 million in outflows. The token continued its sideways trajectory despite the negative net flows and memecoin’s trading activity decline…

Solana (SOL) Continues Sideways Move As Outflows Record $39 Million 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 »

Cardano Down 90% Since September 2021, Did Smart Contracts ‘Kill’ ADA?

Cardano

At the peak of the 2020 to 2021 bull run, ADA, the native token of Cardano, rose to $3 in August. Interestingly, developers activated smart contracts around the top of this cycle after completing the Alonzo hard fork, ushering in the Goguen phase. Did Alonzo And Smart Contracts Kill ADA? However, as Atomic Wallet analysts…

Cardano Down 90% Since September 2021, Did Smart Contracts ‘Kill’ ADA? 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…

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Will Ethereum Reach Over $3,000 In September? Analyst Bets On 80% Odds

Cryptocurrency Market News

Ethereum might be on the verge of a major breakout, with predictions suggesting it might reach $3,000 next month. According to CoinCheckup, a popular crypto market prediction platform, Ethereum should rise by 51% in the next three months. With such a positive forecast, the current decline in the price of Ethereum could very well be…

Will Ethereum Reach Over $3,000 In September? Analyst Bets On 80% Odds 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…

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