Ether (ETH) may achieve a deflationary asset status sooner than expected, as more and more ETH continues to get burnt each day via the gas fee burn mechanism implemented during the London upgrade. Ether’s First Deflationary Week While Satoshi Nakamoto’s bitcoin (BTC) remains the world’s number one deflationary cryptocurrency, ether (ETH) is making steady progress in its journey towards becoming […]

Ethereum is nearing its transition to Proof-of-Stake and it brings with it a lot of changes to the network. The asset’s supply is expected to fall by as much as 2% each year as deflation fully sets in. The asset is still reeling from the effects of the London hard fork and with the Altair hard fork fast approaching. Ethereum’s […]

Independent financial research company Fundstrat has great news for Ethereum enthusiasts. Technical analysis conducted by the firm suggests that Ethereum is poised to soon go on a rampaging bull rally and take out previous all-time highs. ETH On The Precipice Of New All-Time Highs After weeks of being relatively stagnant, positive momentum is silently building for the world’s second-largest crypto […]

The most recent Santiment data shows that the top 10 Ethereum non-exchange whale addresses are buying more Ethereum as prices increase. The same analysis shows that top exchange whale addresses are selling more during similar periods. The whale actions could be in preparation for the end of the year predicted Ethereum prices of $5k. The Increasing Ratio in Ethereum Whale […]

25% of the total ethereum supply on exchanges has been withdrawn over the past year according to blockchain analytics. More than 24 million eth were on all tracked exchanges in January 2021. Since then however there has been a gradual and persistent decline, month over month, to now 18 million eth residing on exchanges like Coinbase or Kraken. The amount […]

Ethereum has burned close to half a million of its supply in just two months with the burning seemingly currently running at 250,000 eth a month, worth $900 million. Some 477,000 eth has been burned at the time of writing, worth $1.7 billion, with it currently running at $1.3 million or 372 eth burned per hour. Ethereum’s current total supply […]

During a recent interview, mixed media painter Nicole Buffett, a granddaughter of the legendary billionaire investor Warren Buffett, who said that Bitcoin “probably rat poison squared” in May 2018, explained how non-fungible token tokens (NFTs) “have probably quadrupled” her income. Her Linkedin profile describes her as “a mixed media painter and designer” focused on “local and international exhibition.” In an interview […]

Data shared by CryptoQuant, an on-chain analytics vendor, shows that the ETH exchange reserves continue to decrease. After a slight increase when ETH hit $4,000 two weeks ago, the balances went down again when they remained at the $3,000 level. These signals show long-term accumulation of Ethereum continues.  ETH Gains Stand at 784% in a Year According to CryptoQuant, every […]