The bank's analysis also cut the 2025 ether ( ETH) price target by 60% to $4,000, down from $10,000 previously.
Ethereum (CRYPTO: ETH), the second-largest cryptocurrency by market capitalization, has charted a diametrically opposite trajectory when compared to its older sibling, Bitcoin (CRYPTO: BTC), over the past year. Consider this.
As developers await further testing results from the Hoodi testnet, the highly anticipated Ethereum Pectra mainnet upgrade, initially slated for April 2025, has been delayed.
Ethereum (ETH) has staged a key comeback, reclaiming the critical $2,000 mark after a brief bearish phase. This psychological price level had proven tough to maintain in recent weeks, but a surge in buying pressure and trading volume has fueled the assets recovery.
Ripple (XRP) price has performed better than Ethereum since November 2024. Tradingview data shows that the XRP/ETH ratio has climbed to 0.00121, which is the highest level since March 2020.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Toncoin in greater detail. Ethereum (ETH) For the first time in over three weeks, Ethereum closes the past seven days in green with almost a 4% gain.
ETH exchange supply hit a decade-low, reflecting growing confidence in staking and DeFi. Reduced liquidity signals potential price shifts.
Ethereum's exchange supply has hit a decade-low of 8.97 million ETH, potentially signaling a future price surge despite current bearish trends and competition from Layer-2 networks.
Ethereum (ETH) price continues to struggle after a 7% move on Wednesday followed by a near-4% pullback. As of March 21, ETH price trades today at $1,985, with hopes of recovery as a whale buys $242 million worth of ether.
Ethereum has declined by over 2%, slipping into the $1.9K range. The market experienced a wave of liquidations, wiping out $33.12 million worth of ETH.
According to analyst Ali Martinez, a whopping 360,000 ETH tokens were withdrawn from crypto exchanges in the last 48 hours.
Ethereum's transition from Proof of Work (PoW) to Proof of Stake (PoS) in 2022 was heralded as a major technological shift. It reduced the network's energy consumption by over 99%.
With Ethereum at a potential inflection point, will history repeat itself?
After Ethereum (ETH) surged past the psychologically significant $2,000 price level yesterday, its next major price hurdle stands at $2,400. Seasoned crypto analyst Ali Martinez emphasized that ETH must clear this level to regain bullish momentum.
Despite the recent attempt by the bulls, Ethereum price has struggled to regain past $2,000 levels recently. Market analysts believe that there's enough possibility that ETH could see another 50% drop to $1,000 as some early ETH whales resolve to heavy profit booking.
Here's what Coinbase's 11.
The New York Stock Exchange has submitted a proposal to the U.S. Securities and Exchange Commission to allow staking for the Bitwise Ethereum exchange-traded funds. According to a Mar.
ETH is down by over 25% on a monthly scale, can things change soon?
The impact of the FOMC meeting, which kept the rates unchanged, seemed to have waned as the cryptos dropped and reached their initial levels. Besides, Bitcoin holds strong, which seems to be moving with the US stocks.
Ether's supply on crypto exchanges has dropped to its lowest level since November 2015, leading some analysts to predict a major price rally despite recent bearish sentiment.“Ethereum's holders have now brought the available supply on exchanges down to 8.97M, the lowest amount in nearly 10 years (November, 2015),” crypto analytics platform Santiment said in a March 20 X post.
The push to allow Ethereum ETFs to stake and earn yield is gaining momentum as NYSE Arca files a rule change proposal.
After the FOMC (Federal Open Market Committee) minutes and the digital asset summit on Wednesday and Thursday, respectively, approximately $2.09 billion in Bitcoin (BTC) and Ethereum (ETH) options expire today.
Ethereum's supply on exchanges has dropped to its lowest level since November 2015, with just 8.97 million ETH available According to a Mar.
Ethereum (ETH) saw an explosive rally in wake of Wednesday's Fed meeting, and while a lot of those gains were given back on Thursday, new developments suggest a rising chance of a near-term rally. The post Ethereum Rockets After Fed Decision – Is a New All-Time High Incoming? appeared first on Cryptonews.
Ethereum has experienced a crucial surge above the $2,000 mark, a key level that bulls have struggled to reclaim since March 10. This breakout brings renewed optimism, as analysts believe a stronghold above this level could trigger a rally toward higher prices.
Ethereum price has imploded this year as it suffered a $244 billion wipeout, with its market cap crashing from $482 billion in November last year to $238 billion today. ETH has dropped below $2,000 and technicals suggest that it has more downside to run.
The recent strength indicators for XRP have sparked debates about whether the asset will be able to return to the $3 mark anytime soon. The likelihood of such a move cannot be completely ruled out in light of the cryptocurrency's recent price spike and improving sentiment.
BlackRock is pushing for staking in Ethereum ETFs, calling it a necessary step to make the funds more attractive to investors.
Ethereum price hovers near $1,977 at press time on Thursday, March 20, trading in a tight range between $2,067 and $1,952. With Bitwise introducing ETH ETF staking, traders are watching for a supply squeeze that could push ETH above key resistance at $2,100.
The Ethereum price is showing signs of a possible trend reversal as technical indicators like the Continuous Linked Settlement (CLS) suggest a breakout may be on the horizon. The crypto expert who shared this analysis has predicted that Ethereum is set to rebound to $2,600 in this bull cycle.
The Depository Trust & Clearing Corporation (DTCC) — the US's primary clearinghouse for securities transactions — has committed to promoting Ethereum's ERC-3643 standard for permissioned securities tokens, according to a March 20 announcement. DTCC is joining the ERC3643 Association, a nonprofit dedicated to catalyzing the standard's adoption with the goal of “promoting and advancing the ERC3643 token standard,” it said.
Cryptocurrencies slightly retraced gains on Thursday as President Trump addressed cryptocurrency investors via a pre-recorded statement. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $84,401 -1.4% Ethereum (CRYPTO: ETH) $1,975.75 -2.6% Solana (CRYPTO: SOL) $127.88 -3.6% XRP (CRYPTO: XRP) $2.43 -1.9% Dogecoin (CRYPTO: DOGE) $0.1692 -2.7% Shiba Inu (CRYPTO: SHIB) $0.00001286 -0.6% Notable Statistics: IntoTheBlock data shows large transaction volume relatively flat at $45.9 billion and daily active addresses are up by 1.8%.
More than 80% of governance participants voted in favor of two new proposals that will fund the Uniswap Foundation's initiatives.
Coinbase has disclosed that it is the largest node operator on Ethereum, with 120,000 validators. In a new report, the exchange claimed it has 3.84 million ETH staked through its validators as of March 4, representing 11.42% of the total staked Ether.
Spot Ethereum ETFs, launched without staking, have attracted significantly less investment than spot Bitcoin ETFs.
In a Thursday filing, the New York Stock Exchange (NYSE) has asked the U.S. Securities and Exchange Commission (SEC) to add staking to the Bitwise Ethereum ETF (ETHW).
BlackRock's head of digital assets, Robbie Mitchnick, described the firm's Ether (ETH) exchange-traded fund (ETF) as a “tremendous success” but acknowledged a key limitation. Speaking on March 20 at the Digital Asset Summit, he noted that the ETF is “less perfect” without staking, highlighting a crucial feature absent from the current offering.
Bitcoin ETFs experienced a fourth consecutive day of inflows, adding $12 million, with Bitwise's BITB leading the gains. In contrast, ether ETFs recorded their 11th straight day of outflows, losing $12 million, predominantly from Blackrock's ETHA.
Ethereum price has crashed by over 52% from its highest level in December, and technicals and on-chain metrics point to more downside in the near term.
Ether.fi, the market leader, has 2.6 million ETH staked on its platform and has plans to become a neobank.
The regulatory cloud that has loomed over XRP since 2020 has lifted, solidifying its claim to the altcoin throne. The post Can XRP Overtake Ethereum? XRP Price Surges 13% After SEC Case Win appeared first on Cryptonews.
Tron (TRX) founder Justin Sun has staked $100 million worth of Ethereum (ETH), according to the blockchain analytics platform Arkham. Arkham notes that Sun's staked ETH will yield $3 million worth of Ethereum per year in passive income.
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Ethereum (ETH) has gone down by 1.1% in the past 24 hours and is once again trading below the $2,000 mark at $1,985 during today's Asian session.
As became known thanks to the transparency of blockchain and cryptocurrency, a large Ethereum whale has acquired billions of Shiba Inu (SHIB), the popular meme-inspired cryptocurrency.
The crypto market rallied after the Federal Reserve decided to keep interest rates unchanged between 4.25% and 4.50% after the Federal Open Market Committee (FOMC) meeting. The Federal Reserve also stated it sees two rate cuts coming in 2025.
Ethereum has been going through a terrible period of depreciation, as the price has been consistently making lower highs and lows. Yet, things might just be about to change.