Galaxy Digital’s head of research Alex Thorn ignited a fresh debate over Ethereum’s roll-up economy on Wednesday, accusing leading Layer-2 networks of siphoning value from the main chain while leaving ETH holders with “pennies.” In a widely shared thread on X, Thorn argued that “after all these years, the ethereum community is apparently fine that…
Ethereum (ETH) is inching closer to the $4,000 milestone, boosted by a perfect storm of factors including surging transaction volume, growing institutional interest, and bullish technical signals. On August 7, ETH climbed to $3,718, backed by robust on-chain metrics. According to recent data, Ethereum processed 1.87 million daily transactions, its second-highest in history, driven by…
Ethereum is showing signs of renewed strength after a volatile week, gaining over 13% since last Sunday’s local low around the $3,350 level. After facing selling pressure and fears of a deeper correction, bulls have stepped back in, pushing the price higher and regaining control of short-term market momentum. The uptick in volatility has brought…
The Ethereum price has surged to $3,819 in the past 24 hours, outpacing Bitcoin with a sharp 5% surge that signals renewed strength in the altcoin market. Despite a minor dip over the past week, ETH is now 49% higher than it was a month ago, as institutional and corporate buyers continue to pile in….
Ethereum price found support near the $3,540 zone and recovered. ETH is rising and might soon aim for a move above the $3,740 zone. Ethereum started a fresh increase above the $3,540 and $3,580 levels. The price is trading above $3,620 and the 100-hourly Simple Moving Average. There was a break above a bearish trend…
Ethereum is trading below the $3,700 level after days of heightened volatility and mounting uncertainty. The recent price action reflects a clear struggle by bulls to defend key demand zones, as bearish momentum continues to dominate short-term trends. Despite multiple rebound attempts, Ethereum has been unable to reclaim crucial resistance levels, raising concerns of a…
Tom Lee, co-founder and head of research at Fundstrat Global Advisors and chairman of Bitmine, used his appearance on Natalie Brunell’s Coin Stories to press a sweeping thesis for Ethereum: institutional tokenization is arriving at scale, stablecoins have become crypto’s first mass-market product, and the dominant smart-contract network is positioned to intermediate both. “Ethereum is…
Ethereum price found support near the $3,400 zone and recovered. ETH is struggling to settle above $3,700 and might dip once again. Ethereum started a fresh increase above the $3,440 and $3,500 levels. The price is trading below $3,620 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line…
The Ethereum price has rallied in the past 24 hours, bouncing back to $3,649 after two whales scooped up a combined $400 million worth of ETH in just a few days. While the coin is still down 5.5% over the past week, it’s up 45% in the last month and 55% year-over-year, showing impressive resilience…
Ethereum (ETH) has been facing heightened volatility over the past week, following a sharp correction from its recent local high at $3,940 down to $3,360. After weeks of aggressive buying activity and bullish momentum, the market is now showing signs of fatigue. Analysts are growing cautious, with many warning that a deeper correction could be…