ETH

Ethereum (ETH) surges by over 4% in the last 24 hour

November 20, 2023 1 min read

Santander Private Banking International, a division of the well-known Spanish financial services conglomerate Banco Santander, has introduced trading and custody services for Bitcoin (BTC) and Ethereum (ETH) to a select group of Swiss customers. This is a significant step toward incorporating cryptocurrencies into the traditional banking sector. Santander Private Banking International intends to expand its crypto services in the coming months by adding support for additional cryptocurrencies, joining the ranks

Ethereum (ETH) Drops Below $2,000 After facing resistance at $2,130

November 15, 2023 1 min read

Ethereum encountered a minor setback, witnessing a 3.83% decline in the past 24 hours, bringing its value to $1,980. This dip contrasts with its positive performance over the week, where the coin exhibited an uptrend of 7%, climbing from $1,879 to its current position. The decline in Ethereum’s value can be attributed to its recent struggle to surpass the $2,120 resistance level. Similar to Bitcoin, the digital asset experienced a

Ethereum (ETH) Surges Above $2,000 Following BlackRock’s Spot ETF Filing

November 10, 2023 1 min read

BlackRock Inc., a trillion-dollar asset manager, has sparked optimism in the market with its latest filing, hinting at the potential launch of its first Ethereum spot Exchange Traded Fund (ETF) product. The filing, named the iShares Ethereum Trust, was submitted to the Division of Corporations at the Delaware Department of State. While not an active ETF filing, experts anticipate that BlackRock might soon submit a formal application to the U.S.

Ethereum Market Cap Surpasses All Altcoins, Achieving a 2-Year Milestone

June 21, 2023 1 min read

The market capitalization of Ethereum has surpassed that of all altcoins, marking a milestone not seen since February 2021. This achievement is attributed to several factors, including Ethereum’s first-mover advantage, pioneering implementation of smart contracts, and engaged community. As of June 20, Ethereum’s market capitalization stands at $213.8 billion, surpassing major altcoins like Solana, Cardano, and Dogecoin. This shift in dominance is occurring for the first time in over 28

Ethereum Whales Move Around $100 Millions in ETH From Binance

June 11, 2023 1 min read

Ethereum (ETH) whales are defying market uncertainty by expanding their holdings. Despite recent price drops and regulatory concerns, one whale wallet has withdrawn nearly 39,300 ETH from Binance, the world’s largest cryptocurrency trading platform. This surge in whale activity suggests a shift in investor sentiment, with funds potentially being moved to safer havens amidst eroding confidence in centralized entities. On-chain analytics firm Lookonchain highlighted the significant withdrawals in a series

Crypto Prices Experienced Significant Drops of 25% or More Yesterday

June 11, 2023 1 min read

The cryptocurrency market experienced a significant crash yesterday morning, with many altcoins losing significant value. Bitcoin and Ether, the two largest cryptocurrencies by market capitalization, also experienced losses, but to a lesser extent. The crash was likely triggered by a combination of factors, including the recent lawsuits filed by the Securities and Exchange Commission (SEC) against major crypto exchanges, Coinbase and Binance. The SEC has alleged that these exchanges violated

PEPE Token Skyrockets 16%, Terra Classic (LUNA) Jumps 15% as Bitcoin Recovers from SEC-Induced Downturn

June 7, 2023 1 min read

Bitcoin has surprised the market by defying expectations and experiencing a rapid surge of $2,000 in just a few hours, despite facing a second high-tier lawsuit launched by the US Securities and Exchange Commission (SEC) against a crypto company. This positive momentum has also influenced altcoins, with Ethereum (ETH) nearing $1,900 and several others turning green. Altcoins Recover Alongside Bitcoin: Altcoins, which suffered significant losses alongside Bitcoin due to the

Binance Loses $778M in Ethereum Since SEC Charges

June 6, 2023 1 min read

The United States Securities and Exchange Commission’s (SEC) lawsuit against Binance, the world’s largest cryptocurrency exchange, has had a negative impact on the crypto market. According to data from crypto analytic firm Nansen, Binance saw negative netflows of $778 million on the Ethereum blockchain in the 24 hours following the SEC’s announcement of the lawsuit. This means that more Ethereum tokens were withdrawn from Binance than deposited into the exchange

Top 10 Ethereum Whales Hold 31.8 million ETH Worth Around $59B

June 6, 2023 2 mins read

Recent on-chain data analysis has unveiled that the top ten largest whales on the Ethereum network have amassed a staggering 31.8 million ETH, setting a new all-time high. These self-custodial addresses, excluding centralized platforms, have been consistently growing their holdings over the years. The influence of these whales on the market cannot be overlooked, as their movements have the potential to significantly impact Ethereum’s price. Let’s delve deeper into the

Bloomberg Analyst Predicts Challenging Times Ahead for Bitcoin and Crypto Markets

June 5, 2023 1 min read

According to Bloomberg Intelligence’s senior macro strategist Mike McGlone, the second half of 2023 could be bearish for Bitcoin (BTC) and the rest of the crypto markets. McGlone believes that risk assets, such as stocks and crypto, could get cheap in the coming months as he believes that an economic recession is on the horizon. “Risk assets can get cheap in recessions,” McGlone said in a recent note. “The cat-and-mouse

Atomic Wallet Compromised, $35 Million Worth of Crypto Stolen

June 5, 2023 1 min read

Atomic Wallet, a popular cryptocurrency wallet, was hacked on Saturday, resulting in the theft of millions of dollars worth of cryptocurrencies. The hack was first reported by users on Twitter, who said that their accounts had been compromised and that their funds had been stolen. Atomic Wallet confirmed the hack in a blog post, saying that “a small number of user accounts” had been compromised. The hackers were able to

Bitcoin Price To Catch Up With Rallying Stock Market, Says Santiment

June 3, 2023 1 min read

Santiment, a market intelligence platform for crypto, has updated its outlook on Bitcoin, XRP, and Litecoin. Santiment believes that Bitcoin, XRP, and Litecoin are all undervalued at their current price, and that they could see further gains in the coming months. Bitcoin Santiment says that Bitcoin has mostly stayed flat amid the recent bounce in the stock market. However, the analytics firm believes that Bitcoin could soon follow suit and