Categories
News

Cryptocurrency Trading Volume Reaches $288 Billion In Past Week, Shows Santiment Data

Over the last seven days, cryptocurrency trading has amounted to a staggering $288 billion across 2,842 tracked assets, according to Santiment data. This reflects a notable 22% decrease compared to the previous week. 📊 The past 7 days of #crypto trading volume has totaled $288B, according to our 2,842 tracked assets. This is a -22% […]

Categories
News

Solana’s DEX Trading Volume Surpasses Ethereum’s Fueled By $JUP Airdrop Excitement

Solana’s decentralized exchange (DEX) trading volume reached a remarkable $1.14 billion within a 24-hour period, outpacing Ethereum’s $1.13 billion. This surge in trading activity was driven by the anticipation surrounding the $JUP airdrop. 📊 @solana's DEX trading volume hits $1.14B in 24 hours, eclipsing @ethereum's $1.13B, fueled by the $JUP airdrop excitement. Ethereum still leads […]

Categories
News

Ethereum Price Skyrockets Over 10% As Whales Increase Holdings Amidst Spot ETFs Anticipation

The cryptocurrency landscape is witnessing a significant surge in the price of Ethereum (ETH), with whales playing a pivotal role by accumulating substantial amounts of the digital asset. This development comes amid heightened enthusiasm surrounding the potential approval of Spot ETFs. According to insights from Lookonchain, a notable whale engaged in a strategic move, repeatedly […]

Categories
News

Leading Blockchain Platforms In 2023: Ethereum, Tron, Binance Smart Chain, Arbitrum, And Solana Dominate TVL Rankings

In the dynamic realm of cryptocurrencies, Total Value Locked (TVL) has emerged as a crucial metric, representing the cumulative dollar value of digital assets staked or locked within a specific blockchain network. This figure is influenced by the utilization of decentralized finance (DeFi) platforms and decentralized applications (dApps), serving as an indicator of a project’s […]

Categories
Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (December 20) – ETH Recovers 4% Today But Face Rejection – Can It Overcome This Resistance Line?

Ethereum started this week bearish but has managed to recover following the latest increase in the global market cap. It saw a 4% gain today and looked prime for a fresh surge on the daily scale.  Ethereum has shown signs of weakness after reaching the peak of $2,403 earlier this month. Although it is trying […]

Categories
Featured

Ethereum Surpasses $2,250 As It Makes A Notable Turn in Price Performance

Today, Ethereum has achieved a significant milestone as it breaks through the $2,250 price mark, marking a resurgence not seen in over 18 months. Currently trading at $2,220, Ethereum’s $ETH, the second-largest cryptocurrency by market capitalization, is demonstrating impressive performance. Which of course, is aligned with the broader bullish trend in the cryptocurrency space, led […]

Categories
News

Ethereum Whales Strategically Position For Upcoming Bull Run, Acquiring Massive Amounts Of $ETH

In recent analyses from Spotonchain, a key player in the crypto analysis arena, Ethereum whales have taken center stage in what appears to be a prelude to an anticipated bullish surge.  Ethereum, securing its spot as the second-largest cryptocurrency globally with a market cap north of $247 billion, has become the focal point of significant […]

Categories
Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (November 29) – ETH Calms At $2k After A Rejection, Where Is It Heading Next?

Despite recent drops in the global market cap, ETH’s dominance still stands at 18%. The price is up 2% today but looks indecisive on the daily. A double-top pattern spotted on the daily chart may trigger huge drops in the future. ETH’s bullish trajectory remains intact on the short-term perspective. However, the buying pressure appears […]

Categories
News

Ethereum Network Fees Surge To $5.72, Arriving At Highest Levels Since July 2023

Ethereum network fees have experienced a prominent increase, coming to $5.72 per transaction, denoting the highest point since July 2023. On-chain analytics provider Santiment attributes this rise to Ethereum’s new surge beyond $2,000 and a concurrent increase in network activity. Despite the increase, transaction fees are considered reasonable when contrasted with the peak average fee […]

Categories
Featured

Solana Surges Past $50, Setting Off A Milestone Following A Year Full Of Bearish Sentiment And Dormancy 

In a huge forward leap, Solana has penetrated through the $50 resistance level without precedent for more than a year. This advancement lines up with the more extensive bullish trend found in driving cryptocurrencies, with Ethereum breaking through the $2,000 price mark and Bitcoin testing the $38,000 threshold. Although Bitcoin is currently trading at $37k levels.  […]