A naukri.com initiative
Ethereum News
Newsbtc
1w
400
Image Credit: Newsbtc
Ethereum Spot Volume Declines While Long-Term Holders Continue Accumulating
- Ethereum (ETH) is trading at $1,770, continuing its corrective trend after reaching a cycle high of $4,107 in December 2024.
- Ethereum's spot volume is declining, indicating reduced trading activity and potentially stabilizing the market during the downtrend.
- Lower spot volume could ease downward pressure as sellers may be reducing their positions, leading to a more balanced market structure in the short term.
- Long-term holders of Ethereum are accumulating more despite unrealized losses, with accumulating addresses increasing their balances by over 22% from March to early May.
Read Full Article
24 Likes
Newsbtc
1w
217
Image Credit: Newsbtc
Ethereum ‘Insanely Undervalued’ As Accumulation Addresses Keep Stacking – Is A Rally Imminent?
- Ethereum (ETH) is considered ‘insanely undervalued’ by a crypto trader, supported by on-chain metrics such as accumulation addresses stacking the digital asset despite lackluster price performance.
- ETH has shown an 8% increase in the past two weeks but remains down 43% over the past year, trading around $1,700. Ethereum faces competition from rival smart contract platforms, raising questions about its long-term outlook.
- Despite prevailing negative sentiment, some analysts believe ETH could be on the verge of a turnaround, with potential for a massive rally as indicated by metrics like Market Value to Realized Value (MVRV) Z-score entering the green zone.
- Inflows into Ethereum accumulation addresses have surged to historic highs, indicating growing confidence in Ethereum’s future value. Ethereum’s diminishing exchange reserves and parallels drawn with BTC's past performance suggest a potential new ATH in the coming months.
Read Full Article
13 Likes
Crypto-News-Flash
1w
195
Image Credit: Crypto-News-Flash
Crypto News: 5 Altcoins Set to Surge Before SEC–BlackRock Meeting—Here’s Why
- Five altcoins, ONDO, ETH, ENA, LINK, and XLM, are gaining traction ahead of the SEC-BlackRock tokenization roundtable.
- Ethereum and related altcoin projects are positioned for potential near-term surges due to institutional interest and technical signals.
- Altcoin season, characterized by significant outperformance of altcoins compared to major tokens like Bitcoin and Ethereum, is expected to play out.
- ONDO, ETH, ENA, LINK, and XLM are currently showing positive price movements, with potential growth speculated based on market trends and upcoming events.
Read Full Article
11 Likes
Newsbtc
1w
119
Image Credit: Newsbtc
Ethereum Consolidates As Accumulation Trend Develops – New Bullish Phase Ahead?
- Ethereum struggles to break above $1,874 resistance level, remaining range-bound as broader crypto market gains momentum.
- Top investor suggests Ethereum is in accumulation phase, awaiting breakout confirmation above current levels for bullish momentum.
- ETH/BTC chart reveals an accumulation structure forming with a tight range below critical resistance, signaling potential for Ethereum to outperform Bitcoin.
- Ethereum consolidates around $1,800 mark, showing signs of stabilization but still below key moving averages, with a need to clear $2,000 for trend reversal.
Read Full Article
7 Likes
Cryptopotato
1w
230
Image Credit: Cryptopotato
Ethereum Price Analysis: ETH Shows Early Signs Market Exhaustion After Rejection at $1,850
- Ethereum is consolidating below a major resistance at $1,850 with weakening momentum.
- Technical analysis shows ETH trapped below moving averages, indicating a bearish macro structure.
- The local structure on the 4-hour chart is in an ascending channel, with a potential decline towards $1,500.
- Open interest and funding data reflect cautious optimism, but sentiment remains cautiously neutral with a slight bearish tilt.
Read Full Article
13 Likes
TechBullion
1w
349
Image Credit: TechBullion
Ethereum ETFs Struggle, SOL Fights Resistance, BlockDAG’s $0.0019 Offer Gains Ground With Over $226.5M Raised
- SOL struggles to clear resistance at $155 despite holding above $145, while Ethereum ETFs show little progress with the need for a significant ETH price increase to drive them forward.
- BlockDAG's offering of BDAG coins at $0.0019 until May 13 has garnered over $226.5 million in funding, positioning it as a top crypto launch for 2025 with confirmed exchange plans.
- SOL's price stability faces resistance levels between $150 and $155, with indicators suggesting a possible breakout or pullback. Meanwhile, Bloomberg ETF analyst Eric Balchunas highlights the importance of a substantial ETH rally for ETF growth.
- BlockDAG approaches its public launch with strong momentum, having completed a CertiK audit, sold over 19.7 billion coins, and generated over $6.9 million from miner sales. The $0.0019 entry offer before May 13 presents an opportunity for early investment.
Read Full Article
21 Likes
TronWeekly
1w
320
Image Credit: TronWeekly
Ethereum Accumulation Addresses Grow 22% Despite Falling Into Unrealized Losses
- Despite Ethereum's price dropping from $4,107 to $1,787, accumulation wallets increased their holdings by 22.54%.
- Analysts predict Ethereum to target $7,000 in 2025 and $10,000 by Q1 2026, indicating confidence in a market upturn.
- Long-term holders of Ethereum have shown resilience, holding onto their investments despite facing unrealized losses.
- On-chain data suggests that accumulation addresses are staying active and increasing their ETH exposure, signaling optimism in the market.
Read Full Article
19 Likes
Coindoo
1w
179
Image Credit: Coindoo
All You Need to Know About the Pectra Upgrade Scheduled for Tomorrow
- The Pectra upgrade scheduled for tomorrow aims to enhance Ethereum's performance, user experience, and scalability.
- Ethereum upgrades are crucial for staying competitive in the evolving blockchain space, with past updates like The Merge and Dencun setting the stage for innovation.
- Key features of the Pectra upgrade include smart accounts, increased staking limits for validators, improved onboarding process, lower fees, and smarter staking withdrawals.
- This upgrade is essential for Ethereum's growth, making it more scalable, secure, and developer-friendly to maintain its position in the blockchain landscape.
Read Full Article
10 Likes
TheNewsCrypto
1w
170
Pectra Goes Live This Week – Here’s What It Means for the Price of ETH
- Pectra is set to go live on Ethereum from May 7, following years of development and testing by developers.
- The market's reaction to Pectra will have a significant impact on the Ethereum network, particularly on the liquid staking sector and the DeFi industry.
- While the hard fork may not lead to an immediate price surge for ETH, it is expected to strengthen Ethereum's economic fundamentals and create increased yield opportunities.
- Experts predict that Pectra's improvements, such as gas subsidies and passkey sign-ins, could drive greater demand for ETH in the long term, contributing to the recovery of Ethereum against USD and BTC.
Read Full Article
10 Likes
TechBullion
1w
418
Image Credit: TechBullion
Ethereum Price Indicates Bullish Momentum, Is Now The Time To Buy ETH? Top Altcoins On Every Whale’s Shopping List
- Ethereum price has shown signs of bullish momentum after a 20% increase from its April low.
- Dogecoin anticipates a resurgence with Elon Musk potentially re-engaging with the meme coin amidst other developments in the crypto space.
- Kaspa has seen a significant 43% uptick in the last month, positioning itself in the top 40 tokens.
- Remittix is gaining attention for its innovative cross-border payment system, offering faster and cheaper transactions than traditional banking methods.
Read Full Article
25 Likes
Bitcoinist
1w
1.7k
Image Credit: Bitcoinist
Ethereum Open Interest Drops To November 2024 Levels, But Price Remains Below $2,000
- Ethereum open interest has dropped to levels last seen in November 2024, currently below $20 billion due to the significant price crash in the last four months.
- The decrease in open interest suggests a lack of interest in Ethereum, with bears currently more in control than bulls.
- The decline in Ethereum whale transactions over the last seven days indicates a bearish trend, with profitability for Ethereum investors notably lower compared to Bitcoin holders.
- Despite the current low interest and profitability for Ethereum, periods of low interest have historically preceded market reversals, potentially signaling a bottom for Ethereum's price.
Read Full Article
19 Likes
Medium
1w
29
Image Credit: Medium
How to Use SpaceFi zkSync $SPACE for Maximum Returns
- Staking SPACE on SpaceFi zkSync via DappRadar allows you to earn rewards while supporting the blockchain network.
- DappRadar provides a user-friendly interface and data resources for easy staking experience.
- Steps to start staking SPACE on SpaceFi zkSync via DappRadar include creating an account, connecting your wallet, selecting a staking pool, delegating your SPACE, and tracking your rewards.
- Maximize rewards by monitoring staking rewards, diversifying staking strategies, following best practices, and staying informed about market conditions.
Read Full Article
1 Like
Medium
1w
264
Image Credit: Medium
Supercharge Your SpaceFi zkSync $SPACE Experience
- Staking your SPACE on SpaceFi zkSync via DappRadar allows you to earn rewards and support the blockchain network.
- Staking SPACE involves locking up crypto in a wallet to receive additional tokens as rewards, incentivizing network security.
- To start staking, create a DappRadar account, connect your wallet, select a staking pool, delegate your SPACE, and track your rewards.
- Consider monitoring your staking rewards, diversifying staking, and staying informed about risks and market conditions for a successful staking experience.
Read Full Article
15 Likes
Coindoo
1w
226
Image Credit: Coindoo
Ethereum Accumulation Surges: Holders Lower Cost Basis Ahead of Potential Rally
- Long-term ETH holders are actively accumulating more, lowering their average cost basis and indicating strong bullish sentiment.
- On March 10, Ethereum accumulating addresses held 15.5356 million ETH, and by May 3, it surged to 19.0378 million ETH, a 22.54% increase in under two months.
- Accumulating addresses show structural conviction and expectations of short-term appreciation, with growing ETH balance and net buying behavior.
- This behavior suggests growing investor confidence and smart money positioning ahead of a potential rally, with over 19 million ETH held by strong hands leading to tight supply on exchanges.
Read Full Article
13 Likes
Coinjournal
1w
192
Image Credit: Coinjournal
Which way for Ethereum (ETH) price with the Pectra upgrade
- Whales have increased Ethereum (ETH) holdings from 15.5M to 19M ahead of Pectra.
- Pectra upgrade will enable account abstraction, validator scaling, and 2× blob capacity.
- ETH price currently faces key resistance at $1,855 and support at $1,755.
- Ethereum network prepares for the transformative Pectra upgrade, with whales accumulating more ETH and traders analyzing on-chain indicators for the next move.
Read Full Article
11 Likes
For uninterrupted reading, download the app