The disappointing performance of the ETH price over the past year has not deterred the rise of Ethereum staking. In fact, liquid staking protocols like Lido Finance have witnessed a continuous surge in the amount of ETH being staked, contributing to a new all-time high in the total amount of supply being locked. Lido Finance
Ethereum
The recent surge in Ethereum’s price, breaking past the $2,400 barrier, has caught the attention of many investors and analysts. On-chain data reveals an interesting correlation between the price movement and the exchange netflow indicator. This metric tracks the net amount of Ethereum entering or exiting centralized exchanges, providing valuable insights into investor behavior. The
Ethereum (ETH) is making significant strides in its 2024 roadmap with the successful launch of the Dencun upgrade on the final Holesky testnet. This upgrade aligns with Ethereum’s broader strategy to enhance scalability and reduce transaction costs for its users. With the successful implementation of the Dencun upgrade, Ethereum is expected to see improvements in
The crypto market has been buzzing with bullish momentum, and Ethereum (ETH) is at the center of attention. According to the analysts at Altcoin Daily, Ethereum is poised to experience a significant price surge in the coming months, with a target of $4,000. One of the key drivers behind this optimism is the impending Ethereum
The cryptocurrency market is witnessing a significant exodus of Ethereum (ETH) from centralized exchanges, indicating a growing preference among investors to hold the asset outside of trading platforms. This trend has raised questions about the motivations behind this shift and the potential implications for the future of Ethereum. According to data from Coingecko, ETH is
The Securities and Exchange Commission (SEC) is expected to adopt a similar approach to approving spot Bitcoin (BTC) exchange-traded funds (ETFs) for spot Ethereum ETFs, according to analysis conducted by Standard Chartered Bank. Geoffrey Kendrick, the head of forex and digital asset research at Standard Chartered Bank, predicts that pending applications for spot Ethereum ETFs
The Ethereum (ETH) market is currently bracing itself for a potential sell-off worth a staggering $1 billion. This monumental transaction is the result of actions taken by Celsius, a crypto lender that recently filed for bankruptcy. On-chain analyst Lookonchain has reported that Celsius initiated the transfer of 459,561 ETH, which is estimated to be valued
Ethereum, the second-largest cryptocurrency by market capitalization, is poised for a potential bullish phase according to Michael van de Poppe, a prominent crypto analyst. One of the key factors he identifies is Bitcoin’s current behavior. As the market leader, Bitcoin’s recent signs of bottoming out tend to precede altcoin rallies, which hints at a potential
The cryptocurrency market has been experiencing a bearish sentiment recently, causing concern among investors and traders. However, one crypto analyst, Elja on X, believes that Ethereum (ETH) will defy the current downtrend and reach an astonishing $15,000 by 2025. This bold prediction is based on technical analysis and the observation of a similar fractal pattern
Phishing scams have become a prevalent issue in the world of cybersecurity, leaving users cautious about clicking on suspicious links or opening unfamiliar emails. Recently, there has been a significant increase in phishing attacks targeting web3 companies and their users. On January 23, users of Wallet Connect and other web3 companies received alarming news about