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Cryptocurrency enthusiasts are witnessing a substantial uptick in on-chain activity as transaction fees for both Bitcoin and Ethereum experience a remarkable surge. Data from IntoTheBlock on December 8 reveals that Bitcoin transaction fees have risen by over 60%, while Ethereum’s “gas” fees have climbed nearly 50% in the past week. …
A long-dormant Ethereum (ETH) whale has emerged from the depths, deciding to capitalize on an impressive near-700% unrealized gain. The whale received a hefty sum of over 47,260 ETH between June and August 2017 at an average price of $240 per token, and recent moves suggest an intent to cash …
In a recent episode of the Unchained Podcast, Solana’s cofounder Anatoly Yakovenko stirred the cryptocurrency community by likening Ethereum to the outdated Windows 95 operating system. Yakovenko confidently positioned as the futuristic Windows 2000, capable of efficiently processing multiple applications simultaneously. Despite Yakovenko’s attempt to downplay the controversy, the comparison …
In a surprising turn of events, Ethereum’s (ETH) market indicators are pointing towards a potential significant price surge. Notably, the futures market on the Chicago Mercantile Exchange (CME) is witnessing a remarkable shift in institutional focus. Ethereum futures are now trading at a 5% premium compared to Bitcoin’s basis, signaling …
Ethereum (ETH) has recently surged past the crucial $2,000 mark, signaling a positive trend in the broader cryptocurrency market. Notably, crypto trading expert Ali Martinez suggests that this milestone represents a “prime buying moment” for ETH, supported by a substantial volume of tokens being acquired around this level. Strong Support …
Price Insights: Following Blackrock’s filing of an application for the Spot ETH Exchange Traded Fund (ETF), the price of Ethereum (ETH) broke over the illusive $2,000 resistance last week. The tendency of ETH traders to keep LONG positions caused the Ethereum Funding Rates to soar to an all-time high of …
The Ethereum Foundation made a big ETH move in the last few hours, based on on-chain data. According to Lookonchain, an on-chain analytics company, the ETH Foundation transferred 1,200 ETH valued at $2.36 million to the grant giver wallet. The “Grant Provider” wallet exchanged over 1,700 ETH for $2.7 million …
Based in Boston, Massachusetts, Fidelity Investments is a worldwide financial services company in the United States. Edward C. Johnson II created this company in 1946. This company runs a brokerage business, looks after a sizable mutual fund family, offers retirement services, wealth management, asset custody, asset execution and clearing, index …
Ethereum has already surpassed $2,000 for the second time, a level it hasn’t reached since April 2023. This rebound in value is more than simply a figure on a graph; it also represents the emotion of the market as a whole and the actions of major participants, or whales. The …
It’s easy to understand why Ethereum has been ruling the cryptocurrency scene lately. The cryptocurrency market emerged from its negative spell thanks to Ethereum, and “Uptober” finally lived up to its moniker. As we approach November—typically Ethereum’s most productive month—the cryptocurrency is consistently reaching new annual highs. Institutional Stampede: Solana’s …