Ether faces significant resistance at $3,400, with over $1 billion worth of cumulative leveraged shorts set to be liquidated. Ethereum needs stronger blockchain activity, new use cases, and collaboration with public and private interests to regain investor confidence and reclaim its previous all-time high, analysts told . Ether has been in a downtrend for nearly six…
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It will take more than Ethereum’s upcoming Pectra upgrade to turn ETH price around. Cointelegraph explains why. price fell below $3,500 on Jan. 7 and has since struggled to trade above that level. The altcoin has declined by 8% over the past 30 days, while the broader cryptocurrency market capitalization increased by 6%. This underperformance…
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Ethereum has lagged the market to open 2025, but February and March have historically seen the cryptocurrency close up on the month. Ethereum has dropped nearly 7% over January, moving opposite to the wider crypto market and to leader Bitcoin, but market watchers say February and March have been historically bullish for the second-largest cryptocurrency.…
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The Ethereum blockchain’s earnings from fees saw a 3% year-on-year rise from 2023 to 2024 despite the Dencun upgrade early last year, which reduced network fees. Ethereum was the highest-earning blockchain last year, earning more in fees compared to 2023 despite an upgrade in March that reduced costs on the network. Ethereum collected $2.48 billion…
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ETH price fell 11% over the past 30 days, but bullish sentiment and other data point toward a rally to $4,000. futures open interest has surged to 9 million ETH as of Jan. 17, its highest level ever. The milestone follows a 10% increase in open interest over two weeks, reflecting a rising appetite for…
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“It’s going to be a blitzkrieg”: Experts say a crypto-friendly Trump administration will rapidly breathe fresh life into the Ethereum ecosystem. Ethereum’s Ether has been marred by under-performance over the last 18 months, seeing Bitcoin and a swathe of other alternative layer-1 coins, including the likes of Solana and Sui, dramatically outperforming it. While ETH has gained…
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Ethereum’s relative strength to Bitcoin may climb in January, which an analyst says might trigger an Ethereum “altcoin run.” Ether is showing signs of breaking out relative to Bitcoin in January 2025, according to a crypto analyst. TradingView shows Ether’s relative strength to Bitcoin — the ETH/BTC ratio — is currently at 0.0356. MN Capital founder Michael…
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Pudgy Penguins, LilPudgys, Azuki and Doodles topped last week’s charts as the best-performing collections. Ethereum-based non-fungible token (NFT) collections surged last week, driving the overall digital collectible weekly sales volumes to $304 million. On Dec. 21, data tracker CryptoSlam reported that Ethereum NFTs experienced a 76% week-on-week increase, reaching $201 million in sales volume. This…
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Bloomberg ETF analysts Eric Balchunas and James Seyffart expect Litecoin and Hedera will also get spot ETFs, but aren’t convinced there’ll be much demand for them. An exchange-traded fund (ETF) tracking both Bitcoin and Ether is expected to be the first in a “wave” of new crypto funds in 2025, says senior Bloomberg ETF analyst…
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Ethereum still has the crown for total developer activity, topping the charts across every continent around the world. New developers flocked to the Solana ecosystem this year, overthrowing Ethereum’s eight-year reign as the top ecosystem for new developers. However, Ethereum is still number one globally in total developer activity. According to a Dec. 12 report from Electric…
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