Middle A General crypto market price decline Last week, Ethereum (ETH) recorded a price correction of over 19.5% and found support at a local low at $3,100. Since then, the prominent altcoin has shown slight resilience as it has risen over 5% in the past two days. However, recent data on wallet activity provides great reason to be optimistic about Ethereum’s long-term future. Ethereum HODL Addresses Increase Supply Dominance to 16% Recently Quick postCryptoQuant analyst MAC_D shared some positive thoughts about the Ethereum market. A cryptocurrency market expert reported that the balance of Ethereum accumulator addresses increased by a remarkable…
Author: msmark
Opeyemi is a skilled writer and enthusiast of the exciting and unique world of cryptocurrencies. Although the digital asset industry was not his first choice, he has remained quite drawn since he forayed into this space over the course of two years. Now, Opeyemi takes pride in creating unique pieces that reveal the complexities of blockchain technology and share insights into the latest trends in the world of cryptocurrencies. Opeyemi enjoys his affinity for the cryptocurrency market, which explains why he spends the better parts of his day looking at various price charts. “Research” is a fairly simple way to…
This article is also available in Spanish. Ethereum has faced significant volatility over the past few days, with massive selling pressure emerging after the cryptocurrency failed to breach the yearly highs it set earlier in December. This price action has left traders and investors wondering where ETH will go next as it consolidates below critical resistance. Related reading Despite the turmoil, on-chain data points to a potentially bullish outlook. Analyst Ali Martinez shared insightful metrics showing that Ethereum whales have accumulated significantly during this period of uncertainty. According to the data, whales bought 340,000 Ethereum – worth more than $1…
The NFT market has shown strength amid cryptocurrency market volatility, according to the latest data from CryptoSlam. The total sales volume reached receipt $302.2 million – a significant increase of 32.93%. This is a clear increase from last week Sales of $224 million. This increase was accompanied by a growth in market participation. Market metrics show strong expansion across all major indices: NFT buyers nearly doubled with a 92.39% increase to 349,972 NFT sellers grew significantly by 77.18% to 207,672 NFT transactions showed a healthy growth of 7.28% to reach 1,651,950. Ethereum’s dominance is strengthening Ethereum (Ethereum) The NFT blockchain…
Coinbase The latest 2025 market predictions identify tokenization, the return of decentralized finance, and the shift toward pro-crypto regulation in the US as key trends for the following year.Coinbase expects 2025 to be a pivotal year for US cryptocurrency legislation after years of regulatory uncertainty. The exchange said these developments could redefine how cryptocurrencies integrate with traditional finance and regulatory systems in the coming year. Pro-crypto regulationAccording to the exchange, the bipartisan pro-crypto majority in Congress signals a positive shift, transforming regulatory frameworks from obstacles to catalysts for industry growth. In addition, RHe pushed for Bitcoin Strategy (Bitcoin) The reserve…
Cryptocurrency exchange-traded fund (ETF) changes, such as in-kind redemptions and staking permissions for Ethereum (Ethereum) products, is likely to happen “early” under the new administration of the US Securities and Exchange Commission (SEC).SEC Commissioner Hester Pierce shared during interview For coins, these matters may come up for regulatory review once Paul Atkins takes over as chairman. She added:“I’m open to reconsidering both genres [redemptions] And thinking again about how to allow people to design products in a way that is more beneficial to investors in those products.Pierce, known as the “Mother of Cryptocurrencies” due to her pro-crypto stance, said it…
They say journalists never stop working. But for Christian, this is not just a metaphor, it is a way of life. By day, he navigates the ever-changing tides of the cryptocurrency market, using words like a seasoned editor and crafting articles that decode jargon for the masses. When a computer goes into hibernation mode, its endeavors take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the Bitcoin era. In the hallowed halls of academia, he forged his craft as a columnist for his university newspaper. This early love of storytelling paved the…
The cryptocurrency market is still facing a sharp decline, falling almost 10% in the past 24 hours following the latest Federal Reserve policy update.Bitcoin The price fell almost 10%, reaching a low of $93,000. This represents a stark reversal from its recent high of $108,268 earlier this week.The decline brought Bitcoin to its lowest level since mid-November, when it was riding a bull run driven by market optimism following Donald Trump’s election victory.Ethereum The coin faced a steeper decline, falling nearly 15% and reaching $3,100, its weakest position since late November.Binance Coin (BNB Bank), Solana (Sunday), Dogecoin (DOGE)and Cardano (ADA)It…
BlackRock’s iShares Ethereum Trust ETF (ETHA) has reached 1 million ETH, valued at over $4 billion. The milestone, achieved on December 18, 2024, is a remarkable achievement for the fund, which was established just six months ago in July. As institutional interest in cryptocurrencies grows, this ETF stands out as a front-runner among new issuances. Ethereum products. Institutional interest is on the rise BlackRock is growing Collectibles Ethereum ETFs are part of a larger trend of major companies investing in cryptocurrencies. In 2024, billions of dollars will be invested in new Bitcoin and Ethereum exchange-traded funds. According to blockchain tracker…
Bitcoin (Bitcoin) lost the $100,000 threshold after recording a 6.4% drawdown in the last 24 hours, Priced at $97,000 As of press time.Bitcoin fell to a low of $96,233 before attempting a recovery. As a result, cryptocurrency derivatives recorded approximately $1.2 billion in liquidations during this period, based on Queen Glass Data.The sharpest corrections among major altcoins followed Bitcoin’s decline, with the cryptocurrency’s total market cap falling 9% in the same period to $3.63 trillion. Ethereum (Ethereum) was trading at $3,372 after falling 10% in the past 24 hours, while Solana (Sol) recorded a similar collapse to a low of…