Both on-chain and trading metrics indicate Ether dips are meant for buying as ETH eyes $2,000. In the early hours of Feb. 15, Ether (ETH) price plunged to $1,660, followed by a 9% recovery within 10 hours. The move triggered $280 million in futures contracts liquidations, indicating excessive leverage from longs. Although the initial anxiety…
Read more
A report from Kraken has identified last month’s BTC volatility at levels not seen since the ‘Black Thursday’ crash of early 2020. With Bitcoin rallying from $30,000 to $42,000 and back again during January, BTC’s annualized volatility rose to levels last seen in April 2020, according to a new report from U.S. crypto exchange Kraken.…
Read more
Early adopters have scooped up over 15,300 Hashmask NFTs as one “card” has gone on sale for 97 ETH. Hashmasks, a new non-fungible token project has raised over 7,600 ETH (about $10 million) from the sale of more than 15,300 digital collectible cards. The owner of Hashmasks #1 has sold his card named after former…
Read more
Ethereum co-founder Vitalik Buterin has seen the value of his personal ETH stash soar over 700% in a single year. With Ether surpassing its $1,428 all-time high, Buterin is close to re-joining the class of crypto owners who hold $500 million or more in cryptocurrency. At the current ETH price, Buterin’s Ether holdings on his…
Read more
Synthetic crypto assets offer vast potential to shake up the crypto and traditional financial markets, but what’s behind the current growth? Amid all the excitement of crypto’s biggest bull run in history, some assets have been outperforming even the current high-performing market. In particular, Synthetix (SNX) has been on an epic tear, leading the growth…
Read more
Analysts predict Ether may soon hit a new all-time high after ETH reserves on centralized exchanges fell by 27% in two days. The amount of Ether held on exchanges has plunged over the past two days, with CryptoQuant data indicating that just 8.1 million ETH is currently sitting in the reserves of centralized exchanges. The…
Read more
The average transaction cost on the Ethereum network almost doubled amid a trading volume surge. Ethereum network fees continue to climb with the average value topping out at $17.43 per transaction according to data from YCharts. As previously reported by Cointelegraph, average fees were at about $10.20 earlier on Monday. The $17.43 per transaction constitutes…
Read more
Ether price has surged past $730 in a strong overnight rally, breaking out against Bitcoin. The price of Ether (ETH) has surged past $730 for the first time since May 2018. Following ETH’s breakout, traders are becoming more optimistic in its short-term trajectory. There are two major factors behind ETH’s strong rally: a strong technical…
Read more
After Bitcoin’s strong breakout above $15,000, analysts are looking toward Ether as the market sentiment around Ethereum strengthens. The price of Bitcoin (BTC) is nearing $16,000 after achieving $15,960 on Binance. Following the dominant cryptocurrency’s rally, analysts are now looking toward Ether (ETH). The Ethereum blockchain’s native token has seen heightened momentum in the past…
Read more
The Ethereum community has been getting prepared ahead of the launch of ETH 2.0, with a record number of wallets now holding at least 32 ETH. Ethereum (ETH) has hit multiple records amid news that ETH 2.0 could launch as early as Dec 1, according to crypto analytics firm Glassnode. Today’s launch of the deposit…
Read more
