Category Archives: Ethereum

$9 Billion In Ethereum Exited Exchanges In Last 3 Days As ETH Drops To $4.2k

$9 billion in Ethereum was withdrawn from exchanges within the past three days, suggesting that whales might be accumulating. A Massive 2.2M ETH Exited Exchanges In The Last Three Days Alone As pointed out by a CryptoQuant post, on-chain data shows around $9 billion in Ethereum was taken off exchanges in the past few days. […]

Traders watch for a trend reversal after Ethereum price drops to $4,100

Ether (ETH) traders might have a few reasons to panic after today’s 13% drop down to $4,100. The swift pullback appears to have broken a 55-day ascending channel that had a target at $5,500. Ether/USD price at FTX. Source: TradingView Those not worried about technical analysis will understand that the cryptocurrency’s 3.4% daily volatility justifies […]

Can Solana’s growth outpace Ethereum?

The top cryptocurrencies by market capitalization keep changing over time as the industry matures. Solana (SOL) has seen its value skyrocket so far this year and has been consistently processing over 2,500 transactions per second. The cryptocurrency’s price, according to TradingView data, is up nearly 13,000% year-to-date as the year started with SOL trading slightly […]

Over 100k Ethereum Exits Exchanges, What Does It Mean For The Price?

On-chain data shows exchanges observed Ethereum outflows of over 100k ETH yesterday. Here’s what it may mean for the coin’s price. More than 100,000 Ethereum Exited Exchanges Yesterday As explained by an analyst in a CryptoQuant post, the netflows showed a large negative spike yesterday as more than 100k ETH exited exchange wallets. The “netflow” […]

Ethereum Regains Strength, Indicators Suggest Fresh Run To $4,850

Ethereum started a fresh increase from the $4,500 zone against the US Dollar. ETH could extend upsides towards $4,850 unless it fails to stay above the 100 hourly SMA. Ethereum started a fresh increase above the $4,600 and $4,700 levels. The price is now trading above $4,650 and the 100 hourly simple moving average. There […]

Bitcoin Denier Steve Hanke Is Into Ethereum Now

Did Steve Hanke find a way out of the hole he’s been digging himself into for all these years? The economist holds the world record for the person with the highest number of terrible Bitcoin takes, with almost 13 years of failed predictions. And now, out of nowhere, he seems to like the world’s second […]

MyEtherWallet allows users to mint Ethereum blocks as NFTs

MyEtherWallet, or MEW, launched its first nonfungible token (NFT) collection called ETH Blocks on Thursday, which tokenizes individual blocks on the Ethereum blockchain. Unique images associated with ETH Blocks are generated based on the block’s data. These NFTs are available exclusively to MEW users via the MyEtherWallet website. A number of blocks have already been […]

AMC Now Accepts Bitcoin, Ethereum, Two Other Cryptos, Dogecoin To Follow

AMC has now officially become the first theater chain to accept Bitcoin, Ethereum, and cryptocurrency payments on its platform. This has been a long time coming after CEO Adam Aron had first announced the entertainment giant’s plans to accept crypto payments by the end of the year. The announcement had said that it would accept […]

Discord Planned To Integrate Ethereum. Huge Backlash Made Them Cancel Everything

At least Discord knows where it’s standing now. And, with this story, we know how early into the cryptocurrency game we all are. And how misunderstood all of this is by the general public. Discord’s founder and CEO Jason Citron hinted at possible integration with the Ethereum ecosystem, with NFTs, and with the incoming Web3. […]

Ethereum Corrects Lower, Why ETH Remains Supported For Fresh Rally

Ethereum traded to a new all-time high above $4,800 before correcting lower against the US Dollar. ETH could start a fresh rally unless there is a break below $4,650. Ethereum started a downside correction below the $4,750 and $4,700 levels. The price is now trading above $4,650 and the 100 hourly simple moving average. There […]