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Ethereum News
TronWeekly
1w
134
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Ethereum Fees Crash 50% as User Activity Drops and ETFs See Outflows
- Ethereum transaction fees have dropped by 50 percent in the last seven days.
- The decline is linked to a significant slowdown in on-chain activity and user engagement.
- Ethereum network activity has slowed sharply, leading to a 50% drop in transaction fees over the past seven days.
- Ethereum’s scalability issues continue despite Layer 2 adoption and protocol upgrades.
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Newsbtc
1w
333
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Ethereum Price Nears Major Resistance At $2,200, Why A 13% Crash Could Follow
- The Ethereum price is nearing a major resistance level at $2,200, which could lead to a 13% crash to $1,700.
- A crypto analyst predicts that the cryptocurrency may fail to break the resistance level, triggering a decline to $1,700.
- The Ethereum price is currently within a Descending Channel pattern, indicating a bearish trend.
- Another analyst predicts three bullish targets for Ethereum, with potential gains of 15.44%, 46.46%, and 101% if the targets are reached.
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Crypto-News-Flash
1w
295
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ETH Price Outlook: Ethereum Sees Rising Interest as Pectra Launch Nears
- As the Pectra upgrade approaches its potential launch on Ethereum’s mainnet in April, ETH is experiencing a surge in market activity
- Ethereum's open interest in the futures market has risen to 10.10 million ETH, indicating growing interest in derivative positions.
- The broader crypto market has responded positively to the upcoming Pectra upgrade, with ETH trading at $1,999.39.
- A potential Ethereum ETF with staking capabilities could act as a catalyst for renewed price appreciation.
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TronWeekly
1w
88
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Bitcoin Classified as Non-Produced Asset in IMF Economic Data
- The International Monetary Fund (IMF) has updated its global standards to include digital assets.
- Bitcoin and other cryptocurrencies are now classified as non-produced non financial assets by the IMF.
- Stablecoins backed by liabilities are classified as financial instruments.
- IMF's Balance of Payments Manual aims to enhance transparency and provide a standardized framework to measure the impact of digital assets.
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Bitcoinik
1w
287
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Explained: Ethereum’s Pectra Upgrade
- Ethereum is about to schedule its Pectra Upgrade in late April or early May 2025 after the Hoodi Testnet deployment.
- The upgrade aims to make Ethereum more decentralized and censorship-resistant.
- Current problems in Ethereum include censorship threats, inefficient Layer-2 alignments, and centralization risks.
- The Pectra Upgrade is expected to bring benefits such as a faster chain and increased decentralization.
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NullTX
1w
122
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Ethereum’s Exchange Supply Hits 10-Year Low, Key Price Levels to Watch Amid Declining ETF Flows
- Ethereum's exchange supply has hit a 10-year low, with liquidity down 37% over the past year as platforms offering Ethereum have decreased.
- The reduced availability on exchanges is attributed to the rise of DeFi and staking options, bringing the supply down to 8.97 million, the lowest in almost a decade.
- Key price levels to watch for Ethereum include a resistance level of $2,240 and a support level of $1,886.
- Ethereum's short-term price action hinges on these levels, with traders closely monitoring market sentiment around them.
- Ethereum's spot ETFs have been experiencing net outflows, indicating a potential lack of confidence from institutional investors.
- Retail investors are currently seen as more committed to holding Ethereum for the long term compared to institutional investors.
- The divergence in sentiment between retail and institutional investors suggests a level of uncertainty surrounding Ethereum's market stability.
- Factors like Ethereum's role in DeFi, market uncertainty, and negative ETF inflows are impacting Ethereum's price in the near term.
- Traders are focusing on key price levels to understand market sentiment and potential price trends for Ethereum.
- The next few days will be crucial to observe how Ethereum reacts at the $2,240 resistance and $1,886 support levels.
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NullTX
1w
46
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Bitcoin and Ethereum See Negative Net Position Changes as Investor Sentiment Shifts
- Bitcoin and Ethereum have shown negative net position changes for the first time in 2023, totaling -$3 billion over three days, indicating a shift in investor sentiment.
- Bitcoin experienced a significant drop in on-exchange balance, with around 10,000 BTC moved off exchanges, reflecting growing investor confidence and long-term holding behavior.
- Despite a more negative market vibe post-ATH, Bitcoin still has a strong base of long-term holders, with the sentiment ratio returning to levels seen last September.
- Ethereum's negative net-position change indicates increasing caution among investors, with liquidity movements pointing towards a bearish trend in sentiment.
- The transition to Ethereum 2.0's proof-of-stake has not significantly boosted Ethereum's market cap, and pricing in relation to Bitcoin remains unconvincing.
- Bitcoin spot ETFs saw a significant net inflow, totaling $166 million on March 20, signaling high institutional interest despite retail investor sentiment being subdued or negative.
- Institutional interest in Bitcoin is growing, as seen by solid demand for Bitcoin ETFs, offering exposure to Bitcoin without holding the asset directly, legitimizing Bitcoin as an asset class.
- Although sentiment has shifted negatively in the short term, long-term confidence in Bitcoin and Ethereum remains, with investors moving cryptocurrencies to cold storage amidst the caution.
- The future movements of Bitcoin and Ethereum amidst shifting sentiment and institutional interest will be crucial, as technological advances and long-term potential may offset current negative sentiment.
- The recent events highlight a nuanced market sentiment, with potential impacts on the future trajectory of Bitcoin and Ethereum, emphasizing the importance of monitoring sentiment shifts.
- While there are potential challenges and shifts in sentiment, institutional interest and the long-term outlook for Bitcoin and Ethereum remain positive, suggesting continued growth in the crypto space.
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NullTX
1w
351
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Massive Options Expiry Incoming: Prepare for Potential Crypto Market Volatility
- An upcoming options expiry in the crypto market involves over 22,000 Bitcoin options and 133,000 Ethereum options, hinting at potential volatility.
- The expiration of these contracts typically leads to increased market activity and significant price movements.
- Bitcoin options set to expire have a notional value of $1.83 billion, while Ethereum options total about $260 million.
- The put/call ratio for Bitcoin stands at 0.84, indicating more bullish sentiment among traders.
- Bitcoin's projected max pain price is $85,000, which could impact price action around the expiry.
- The Ethereum options expiry features a put/call ratio of 0.62, suggesting somewhat bullish sentiment for ETH.
- Traders anticipate significant price movements due to the large open interest in both Bitcoin and Ethereum options.
- The market is expected to experience heightened volatility as traders adjust their positions ahead of the expiry date.
- Price analysts are eyeing potential volatility around the 'max pain' point, expecting varying outcomes based on trader behavior.
- With over $2 billion in notional value at stake, traders and investors should stay vigilant and monitor market developments closely.
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Bitcoinist
1w
300
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Ethereum Bullish Signal: Exchange Supply Registers Massive 16.4% Drop
- The supply of Ethereum on exchanges has dropped by 16.4%, reaching its lowest point in almost 10 years.
- This decrease in supply can be a bullish signal for ETH's price as it indicates investors are accumulating the asset.
- The withdrawal of Ethereum from exchanges coincided with the cryptocurrency's recent price decline.
- While the on-chain data suggests a positive outlook, technical analysis indicates a possible move to the lower level of a parallel channel for ETH.
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TronWeekly
1w
114
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Coinbase in Advanced Talks to Acquire Crypto Derivatives Exchange Deribit
- Coinbase is in advanced talks to acquire Deribit, a major crypto derivatives exchange.
- Deribit holds a Dubai regulatory license that would be transferred to Coinbase if the acquisition is finalized.
- The acquisition would expand Coinbase's presence in the crypto derivatives market.
- Deribit has an estimated valuation of $4 billion to $5 billion, based on the outcome of the current discussions.
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TheNewsCrypto
1w
101
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Ethereum Pectra Upgrade Delayed Past April 2025
- The Ethereum Pectra mainnet upgrade has been delayed beyond April 2025.
- Developers prioritize thorough testing on Hoodi testnet before setting a new date.
- History Expiry implementation is also affected by the postponement.
- The delay reflects the development team's cautious approach and commitment to a smooth network upgrade.
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TronWeekly
1w
105
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Ethereum Supply Hits Near-Decade Low as 360K ETH Leaves Exchanges—Bullish Surge Ahead?
- 360,000 ETH moved out within 48 hours, as noted by analyst Ali Martinez.
- Ethereum's supply on exchanges hits a near-decade low at 8.97M, the lowest since November 2015.
- Analysts predict ETH could surge to $8,000-$10,000 amid supply shock and strong accumulation.
- Ethereum facing challenges against Bitcoin, with weak performance and ETF outflows.
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Crypto-News-Flash
1w
364
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Ethereum’s PoS Move Criticized—Did It Cost the Market $1 Trillion?
- Ethereum's transition to Proof-of-Stake (PoS) is being questioned for its value proposition.
- The shift from Proof-of-Work (PoW) may have cost the network an estimated $1 trillion in value.
- Meltem Demirors, Chief Strategy Officer of CoinShares, believes PoS weakened the Ethereum network and resulted in a missed growth opportunity.
- Concerns have also been raised about Ethereum's economic viability and its long-term appeal as a store of value.
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Newsbtc
1w
267
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Investors Withdraw 360,000 Ethereum From Exchanges In Just 48 Hours – Accumulation Trend?
- Investors have withdrawn over 360,000 ETH from centralized exchanges in the last 48 hours.
- This shift is interpreted as a bullish signal, indicating potential higher prices and accumulation.
- Ethereum faces a critical test as it struggles with the $2,000 mark.
- A sustained move above $2,000 could lead to a recovery rally, while a failure could reinforce the bearish trend.
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16 Likes
Crypto-News-Flash
1w
415
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Ethereum Exchange Supply Hits 10-Year Low—What’s Next for ETH Price?
- The available Ethereum supply on centralized exchanges has fallen to its lowest point since November 2015 with only 8.97 million ETH out there.
- Ethereum owners are increasingly locking their assets in staking protocols rather than leaving them on exchanges, resulting in a 16.4% decrease in ETH's exchange supply.
- Ethereum's price has declined 47% from its December high, attributed to growing competition from Ethereum's own layer-2 networks and declining fee revenue.
- One possible driver for Ethereum's potential rebound could be ETFs that include staking, but institutional demand for spot Ether ETFs remains tepid.
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