Ethereum short-term Price Analysis: 25 September

Disclaimer: The following article attempts to analyze the emerging pattern in the Ethereum short-term market and its impact on price.  Another push to the upside boosted Ethereum’s price by 9% on 24 September. This spike in the price had managed to surpass its resistance at $345.33 and be valued at $353.14. However, the price immediately corrected itself as it began […]

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Should you be concerned about dropping Ethereum addresses?

Ethereum addresses holding more 1,000 ETH have leaked out to a number last seen almost 2 years ago. In 2017, there were approximately 7,200 addresses holding more than 1,000 ETH, however, this was during thebull run and this metric was hitting new highs. Considering the current situation this might seem like a disconcerting issue on the outside, it really isn’t. […]

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Ethereum Bulls Need to Act Soon "to Survive": Here's Why

Ethereum has dropped after reaching highs at $390 just the other day. The coin now trades at $370 as of this article’s writing, slightly below the aforementioned highs. The coin remains below crucial support levels that must be reclaimed if ETH is to continue higher. One trader thinks that Ethereum dropping from here could make it difficult for bulls to […]

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Ethereum under pressure from DeFI; Can Bitcoin capitalize?

2020 saw Ethereum [ETH] briefly take over Bitcoin’s lead in the market. However, this growth was the result of the boom witnessed by the decentralized finance [DeFi] ecosystem. According to data provided by Skew, the price volatility of Ethereum and Bitcoin are converging. The converging spread of the Ether-Bitcoin 6-month at-the-money [ATM] Implied Volatility had dropped to 7.5%, since the […]

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Some Key Ethereum On-Chain Fundamentals Have Crashed To Dangerous Lows; Should Investors Be Worried? ⋆ ZyCrypto

The confluence of a decline in on-chain fundamentals could spell trouble for the ethereum price in the near term.  ETH is trading at $362 as of press time. Trader MuroCrypto, however, observed that the second-largest cryptocurrency will remain decisively bearish until it is able to break past the resistance at the $380 region. “$ETH probably breaks 360 resistance this time. […]

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Ethereum’s good fortune may be coming to an end

It has been both difficult and easy to critique Ethereum this year. For a long time, it seemed to co-exist under the shadow of Bitcoin without having a standout identity. Enter 2020 and its development spectrum has come under the limelight. Whether it is with regards to its long-term goals of Ethereum 2.0, or the outbreak of DeFi fever on […]

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Ethereum Whale Count Grows Amid Price Decline

More Ethereum (ETH) whale wallets have emerged over the past few days despite the over the 30 percent decline in the spot price. 68 New Ethereum Whale Wallets Emerge It appears the optimism of big-money crypto players has not been dampened by the recent market selloff. Tweeting on Sunday, cryptocurrency analyst Ali Martinez revealed that data from on-chain analytics service […]

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Ethereum Miners Made $285 Million From Fees in August

Miners on the Ethereum network generated over $285.1 million in revenue this August, representing a month-over-month increase of 98.2% and a 25-month high, according to research from The Block. Ethereum Fees Boom On the back of the booming DeFi market and interest in Ethereum rising as an extension. Miners on the network reaped the benefits of an in-demand and strained […]

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