An explosion in transaction activity on Ethereum layer 2 Lighter since launching last month has pushed Ethereum’s transaction per second count to a record of 24,192. The Ethereum ecosystem has just posted a new record high in transactions per second, with high-speed Ethereum layer 2 Lighter now being factored into the count. Data from Growthepie shows…
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High-leverage trader James Wynn is back in the spotlight with a 25x Ether long showing strong gains, while his parallel Dogecoin bet is struggling in the red. James Wynn, a crypto trader known for his high-leverage crypto bets, has entered a massive leveraged position on Ether , opening a 25x long as ETH pushes to fresh…
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Ether Machine’s Andrew Keys said he’s an Ethereum maxi and doesn’t own Bitcoin — he’d “rather have an iPhone than a landline.” Andrew Keys, the co-founder of the new Ethereum investment firm The Ether Machine, argues investors would have made much more money investing in Ether than Bitcoin a decade ago. “The price of Ether…
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Ether price enters the most bullish phase of a powerful trading pattern, but bearish headwinds could stall the rally in the short-term. Key takeaways: Ether’s chart shows a “Power of 3” setup, with a price target above $5,000. Spot ETH ETFs recorded net inflows of 106,000 Ether last week, marking the seventh consecutive week of…
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Crypto analytics firm Santiment found that Ether whales boosted their ETH holdings by 3.72% while retail investors have been banking profits. Major Ethereum holders have been scooping up Ether over the past month as the cryptocurrency chopped sideways, while retail investors have been cashing out. Ethereum wallets holding between 1,000 ETH (whales) and 100,000 ETH (sharks)…
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Bitcoin price breakouts have been capped at $104,000, but a rally through the resistance could open the door for a run to $130,000. Bitcoin (BTC) Price Analysis and Potential Rally Bitcoin has been consolidating between approximately $100,700 and $105,800, showing a balance between buyers and sellers. Holding above the critical psychological support of $100,000 indicates…
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The current ETH price setup versus Bitcoin closely mirrors 2019, with an oversold RSI and prolonged weakness below key moving averages after a multiyear decline. Ethereum’s Ether token is approaching a critical price zone against Bitcoin, which historically marked the beginning of a massive rebound. ETH price fractal from 2019 hints at bottom The ETH/BTC pair,…
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The Bybit hackers picked up the pace on March 1, laundering another 62,200 Ether amid efforts from US authorities to block transactions tied to the exploiters. North Korea’s Lazarus Group laundered another 62,200 Ether, worth $138 million, from the Feb. 21 Bybit hack on March 1 — leaving only 156,500 left to be moved, a…
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The statement came shortly after Lookonchain reported Bybit had bought $742 million worth of Ether between Feb. 22 and 23. Bybit CEO Ben Zhou says his cryptocurrency exchange has fully replaced the $1.4 billion worth of Ether that was hacked on Feb. 21. A new audited proof-of-reserve report will be published very soon to show…
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A minor move for Ethereum has outpaced the border crypto market while exchange balances have declined. Ethereum prices have outperformed the broader crypto market over the past 24 hours in a rare move that resulted in a 12-day high, indicating “mild signs” of a rebound, according to Santiment. “Ethereum has shown mild signs of a…
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