Several indicators point to an imminent bullish breakout for Ethereum price in the near term as Bitcoin price approaches a major psychological target of $100K.

What happens when a sleeping crypto giant stirs? That's the question haunting Ethereum traders right now. A wallet that sat untouched since 2016 suddenly became active, sparking a massive selloff. With millions still at play, Ethereum's future feels a bit uncertain.

A closely followed crypto analyst believes that Ethereum (ETH) is potentially on the verge of plummeting against Bitcoin (BTC). Pseudonymous analyst Altcoin Sherpa tells his 230,400 followers on the social media platform X that the low for Ethereum in its Bitcoin pair (ETH/BTC) may not yet be in as the flagship digital asset nears $100,000.

MetaMask launched its “Gas Station” feature, allowing users to complete token swaps without needing ETH or paying gas fees.

Bitcoin (BTC) continued towards the $100,000 mark, rising to a new all-time high of $99,314 before declining to its current level of $99,124. BTC is now up 45% since Donald Trump was announced as the winner of the US elections.

In an unprecedented event, a dormant Ethereum whale caused a stir across the broader market on Friday, heavily dumping tokens amid the hovering bullish sentiment. Recent data pointed out that the whale dumped nearly $224 million worth of tokens, raising price drop concerns among crypto enthusiasts globally.

Ethereum's derivatives market is experiencing a bullish surge, with futures open interest climbing over 12% to reach an all-time high of $20.8 billion on Friday. The post Ethereum Futures Surge to $20.8B as Price Hits $3,365, Signaling Bullish Momentum: CryptoQuant appeared first on Cryptonews.

Ethereum continues to hold a commanding position in the stablecoin market, maintaining 52.59% of the total stablecoin supply, despite rising competition from other blockchain networks like TRON and Solana. As the leading smart contract platform, Ethereum's dominance is evident in both the supply and turnover of stablecoins like Tether (USDT), USD Coin (USDC), and various algorithmic stablecoins.

Bullish sentiment in the cryptocurrency market has continued, with many investors making huge profits from early bets. This bullish run has also woken a dormant billion-dollar Ethereum (ETH) that is now snapping gains from its massive holding.

Ethereum (ETH) price trades today at as of . Ether prices hit a daily high of today after rising % on.

Ethereum (ETH) spot exchange-traded funds (ETFs) have witnessed a significant outflow of $163 million this week. This comes as the bullish sentiment trailing the leading altcoin begins to wane, making it a struggle for the coin's price to break through the $3,400 resistance level.

The $2.86 billion Bitcoin options expiry could trigger short-term volatility, particularly as traders anticipate Bitcoin reaching the $100,000 mark.

Despite millions of selling pressure, Ether is staging a breakout to above $3,700 due to an emerging bull flag, according to market analysts.

Ethereum's price has broken above $3,300 with increased trading volume and whale accumulation, while network metrics show sustained growth in daily transactions and user activity.

Ethereum (ETH) price is finally moving after a week of sideways movement. In the last hour, the second-largest crypto has seen a 5% surge to retest the key $3,200 level.

A large liquidation of Ethereum holdings has been observed from the Cosmos developer Interchain Foundation, with another 3,000 ETH ($10.16M) sold from their 2017 ICO reserves. This continues a pattern of sales that has seen 21,600 ETH ($55.97M) liquidated since April 2024, with an average selling price of $2,591 per ETH.

Ethereum futures open interest across all exchanges has hit a new all-time high, according to CryptoQuant data.

The blockchain-based poker system CoinPoker's hot wallet had been hacked on 8th November which caused the loss of nearly 2000 ETH, or around 2 million USD. These attacks targeted wallets or access to a wallet bypassing wallet safeguards, and funnelling money through multiple transactions in an organized manner, that targeted Ethereum, BSC, and Polygon.

MetaMask, a leading Ethereum wallet, launched its new Gas Station feature, enabling users to conduct token swaps without needing ETH for gas fees. This feature, also known as gas-included swaps, is now live for MetaMask Extension users on the Ethereum mainnet, with a mobile rollout planned soon.

As Bitcoin (BTC) reached a new all-time high (ATH) of $98,310 today, the ETH/BTC trading pair fell to multi-year lows, raising questions about the relative strength of Ethereum (ETH), the second-largest digital asset. What's Causing Ethereum's Underperformance Against Bitcoin?

These essays come from founders and contributors from all around the Ethereum ecosystem. It shares their thoughts on the world of Ethereum.

Illicit crypto inflows from Japanese exchanges have dropped in 2024, with ETH scams recording a 69% decline, data shows.

One of the top Neiro Ethereum holders has surprisingly sparked bearish sentiments amid a bull market, heavily dumping the dog-themed meme token. Recent on-chain data pointed out that the 2nd largest holder of the token, Wintermute, took action to dump $3M worth of coins.

Crypto markets will witness $3.42 billion in Bitcoin and Ethereum options contracts expire today. The massive expiration could cause a short-term price impact, particularly as markets wait expectantly for Bitcoin to tag $100,000.

Ethereum (ETH) has seen a less impressive performance compared to Bitcoin (BTC) in recent months, despite Bitcoin reaching new all-time highs. At the time of writing, Ethereum's price stands at $3,111, significantly below its all-time high of $4,878 in 2021.

Some major altcoins have also started riding the bullish wave alongside Bitcoin. Solana (SOL), the fourth-largest cryptocurrency by market cap, has also surged to a new record high of $262.

Ethereums price movement hinges on five pivotal indicators, including whale netflows and transaction growth, according to IntoTheBlock. Mixed signals emerge as ETH trades at $3,323, with long-term investors continuing to hold amid rising Layer-2 adoption.

After the split, the ETFs saw mixed performance in the market.

Ether has recorded a few gains in the past weeks, but the coin's retail investors are not taking profits because they consider the asset undervalued.

The crypto prices today have primarily continued on an upward trajectory, showcasing strong market momentum. Bitcoin (BTC) has reached a significant milestone, touching $99,000 for the first time.

South Korean authorities have officially identified North Korean hackers as the perpetrators of a major Ethereum heist in 2019, marking a significant breakthrough in the investigation. The stolen cryptocurrency, valued at 58 billion won (approximately $55.7 million) at the time, was traced to North Korea's Reconnaissance General Bureau, a military intelligence agency.

Ethereum price started a fresh increase above the $3,220 zone. ETH is rising and aiming for more gains above the $3,350 resistance.

Ethereum (ETH) has been experiencing a remarkable surge in its decentralized application (dApp) ecosystem, with transaction volumes hitting new heights. Over the past month, Ethereum's dApp activity has grown by 38%, signaling a significant increase in engagement across key sectors like decentralized finance (DeFi), non-fungible tokens (NFTs), and blockchain gaming.

Believers in Ethereum (ETH) could be on the verge of an opportunity, according to Ki Young Ju, the founder and chief executive of the digital asset analytics firm CryptoQuant. Young Ju tells his 370,400 followers on the social media platform X that the ETH/Bitcoin (BTC) Net Unrealized Profit/Loss level just hit a four-year low.

The bond was tokenized on the Ethereum blockchain, denominated in the USDC stablecoin and will see its entire lifecycle onchain.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is currently experiencing a phase of neutrality in its market activity. According to a CryptoQuant analyst known as Darkfost, Ethereum's netflow on Binance has reached a balanced state, with deposits and withdrawals stabilizing.

Throughout 2024, Ethereum's onchain trading volume mirrored that of the wider crypto market.

Cryptocurrency markets are trading higher, with Bitcoin approaching $100,000, Solana ETF talks picking up steam and XRP gaining on Gary Gensler announcing his resignation on Donald Trump‘s inauguration day. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,986 +3.1% Ethereum (CRYPTO: ETH) $3,348 +8.7% Solana (CRYPTO: SOL) $253.64 +7.1% Dogecoin (CRYPTO: DOGE) $0.3841 +1.9% Shiba Inu (CRYPTO: SHIB) $0.00002454 +2.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 8.5% and daily active addresses up by 0.4%.

The ETH/BTC drop presents a good entry point for investors.

Ethereum (ETH), the largest altcoin, has performed poorly compared to Bitcoin (BTC). For instance, while ETH has gained around 16% in the last 30 days, BTC's price has jumped by 31%.

Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullish on one top-50 altcoin by market cap while offering his insight on Bitcoin (BTC) and Ethereum (ETH).

Samson Mow, a well-known Bitcoin maximalist and CEO of JAN3, has issued a bold warning to Ethereum (ETH) holders, urging them to sell their altcoins and buy Bitcoin before it's too late. In a recent tweet, Mow advised investors to make the switch, claiming that Ethereum's underperformance compared to Bitcoin is a sign that similar fates await other cryptocurrencies.

Far from making zero-knowledge rollups obsolete, the Beam Chain would make them work better, says Polygon. zkSync builder Matter Labs is also bullish.

Ethereum price is setting the stage for a potential rally toward $4,000 after solidifying support around the $3,000 level. The cryptocurrency has seen increased buying activity in this range, alongside a bullish breakout and imminent technical indicators, suggesting further upward momentum.

The Ethereum price has been consolidating for about a week since it hit a four-month high at $3,420. As the second largest cryptocurrency, Ethereum has the biggest price correlation with Bitcoin.

Vitalik Buterin, Ethereum's co-founder, recently made a significant statement regarding the future dynamics of Ethereum's Layer 1 (L1) and Layer 2 (L2) solutions. His remarks shed light on Ethereum's evolving infrastructure, highlighting the importance of creating a solid, resilient foundation while ensuring adaptability in the system.

Data shows the Ethereum derivatives-related metrics have shot up recently, a sign that the price is at risk of going through a volatile storm. Ethereum Open Interest & Leverage Ratio Have Both Spiked Recently In a CryptoQuant Quicktake post, an analyst has discussed about the trend in the derivatives indicators of Ethereum.

Amid Ethereum's struggling price performance, accumulation trends suggest potential for significant market movement.