Meta is preparing to launch its X competitor, Threads, in Europe this December, new report claims.
Tag: ethereum price
Ethereum Layer-2 Scene Booming, Base Cumulative Revenue Exceeds $10 Million
Base, a layer-2 scaling solution for Ethereum built using the Optimism technology stack, has earned over $10 million in cumulative revenue since launching in early August 2023. Taking to X on November 28, Erick Smith, the chief investment officer of 401 Financial, citing Token Terminal’s data, shared layer 2’s steady growth in revenue. Notably, as […]
ICO-Era Ethereum Whale Awakens After 3 Years, Transfers ETH To Kraken
A dormant Ethereum (ETH) wallet containing thousands of coins collected during the network’s token generation event is awake after nearly three years. According to Lookonchain data, on November 24, approximately $42.4 million worth of ETH was moved, with 10 ETH deposited directly to Kraken, a crypto exchange. Ethereum Whale Awakens On-chain data reveals the dormant wallet […]
Ethereum Price Could Reach $36,800 By 2030: Token Terminal
Token Terminal, a blockchain analytics platform, predicts Ethereum (ETH), the world’s second most valuable cryptocurrency, can soar above $36,800 by the decade’s end based on total addressable market projects. In an in-depth analysis covering Ethereum on November 23, the analytics platform laid out several reasons that will drive the coin to astronomical levels, nearly 18X from […]
Whale Buys $5.5M Of ETH: Will Ethereum Bulls Cruise Past $2,100?
According to on-chain data platform Lookonchain, an unnamed crypto whale known for well-timed Ethereum (ETH) trades in the past, has purchased an additional $5.53 million worth of ETH on Binance amidst turbulent market conditions. Ethereum Whale Ramping Up Purchase According to an X post on November 22, the purchase follows an acquisition last week when $18 million […]
Rethinking Bitcoin ‘dominance’ at 51% — A misleading metric?
Bitcoin dominance is a largely redundant metric — if you believe BTC and crypto “altcoins” should be in the same category at all that is.
Spot Bitcoin ETF: Why this time is different
The latest Cointelegraph Report explains everything you need to know about a potential spot Bitcoin ETF approval in the U.S., its impact on the market, and its significance for the crypto industry.
Ethereum Price Targets $3k As Options Open Interest Surges To $6.7B
Ethereum price is in a low time frame correction phase from highs around $2,130. Over the last 30 days, the largest smart contracts token has increased in value by 24% to trade at $2,030 on Monday during US business hours. This is in addition to another 72% increase in Ether’s market value in 12 months,
The post Ethereum Price Targets $3k As Options Open Interest Surges To $6.7B appeared first on CoinGape.
Ethereum Technical Analysis: ETH Breaks $2,000 Barrier Amid Positive Trading Outlook
On Monday, ethereum (ETH) showcased an impressive bullish pattern, with its value reaching a peak of $2,041 as of November 20, 2023. Ranking as the second most prominent cryptocurrency with a market capitalization of $242 billion, it continues to draw substantial trading activity, totaling $15.33 billion over the past day. Ethereum The recent market dynamics […]
Ethereum Technical Analysis: ETH Slips 4%, Traders Eye Critical Support With Caution
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, experienced a downturn on Friday, dropping 4.7% against the U.S. dollar. Over the previous week, it has seen a decline of 6.6% in its value. The trading dynamics on November 17, 2023, showcased a complex blend of factors influencing ethereum’s market behavior. Ethereum Ethereum’s market cap of […]
Ethereum Attracts 2X Solana’s Market Cap: Why Is ETH Struggling?
According to one crypto user on X, Ethereum is a different class from Solana, with the pioneer smart contract platform drawing much more capital from the community than the fourth-generation blockchain despite ETH price action being muted in the last month of trading. Ethereum Attracted $58 Billion, 2X Solana Market Cap In a post on November 16, […]