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Key Takeaways Ethereum Flashes a Reversal Setup — but Major Whales Hold the Real Power Ethereum is showing early signs of a bullish reversal after a sharp 11.5% decline, but the chart’s optimism is clashing with weakening whale participation. With price now trading above $3,230 — still down nearly 6% on the 24-hour ticker —…
Key Takeaways: Crypto Market Faces Renewed Pressure The crypto market is once again on edge as Bitcoin and Ethereum struggle to hold their support zones. After a surge earlier this month fueled optimism, renewed selling pressure has drained momentum, raising concerns about a deeper correction. Bitcoin’s rejection near $104,000 pushed prices back toward $102,000, signaling…
Key Takeaways Ethereum (ETH) has entered a familiar phase in its market cycle. After falling sharply from its November highs, the second-largest cryptocurrency by market cap is showing signs of recovery that mirror the 2020 correction. Analysts believe this déjà vu moment could precede another major rally — potentially propelling ETH back toward the $4,800…
Key Takeaways: Ethereum Open Interest Surges Amid Market Recovery Ethereum’s derivatives market is showing renewed energy. Data from on-chain analytics platform CryptoQuant reveals that Ethereum Open Interest (OI) — the total value of all open ETH derivatives contracts — surged by about 10% in just one day, adding nearly $2 billion. The spike signals that…
Key Takeaways BitMine Doubles Down on Ethereum Amid Market Weakness BitMine Immersion Technologies is strengthening its position as the world’s largest corporate holder of Ethereum, snapping up an additional 110,288 ETH last week as prices dipped below $3,600. The move marks a 34% increase from the company’s previous week of accumulation, highlighting its aggressive long-term…
Key Takeaways: Ethereum Breaks TPS Records While Burning $32 Million in ETH Ethereum has reached a historic milestone, processing 24,192 transactions per second (TPS)—its highest-ever throughput. This surge comes as Layer 2 solutions, particularly the newly integrated Lighter protocol, enhance the network’s scalability and efficiency. Layer 2 Solutions Drive Ethereum’s Performance Lighter alone handles around…
Key Takeaways: Ethereum Gas Fees Hit Record Low Ethereum’s network gas fees have plummeted to just 0.067 gwei, marking one of the lowest levels in its history. While traders celebrate transaction costs as low as $0.11 per swap, the development raises questions about the blockchain’s long-term sustainability and revenue model. Also Read: Fear to FOMO:…
Key Takeaways Ethereum Sentiment Flips From Fear to FOMO Ethereum traders have shifted sharply from extreme bearishness to bullish optimism, according to fresh social data. Earlier this week, discussions around $ETH were filled with doubt and pessimism, reflecting a market gripped by fear. But after the world’s second-largest cryptocurrency rebounded close to $3,500, the tone…
Key Takeaways: Ethereum Breaks Through Transaction Limits Ethereum has achieved a record-breaking 24,192 transactions per second (TPS), driven largely by its Layer 2 solution, Lighter. Launched just last month, Lighter’s rapid adoption has significantly boosted Ethereum’s throughput, eclipsing the Base Chain’s 100–200 TPS range. Enthusiasts and co-founder Vitalik Buterin celebrated the milestone on X, noting…
Key Takeaways: Ethereum Chosen by Balancer Hacker to Launder Stolen Assets The hacker behind the $116.6 million Balancer DeFi exploit has begun converting the stolen assets into Ethereum (ETH), deepening concerns about recovery prospects. According to on-chain analytics platform Lookonchain, the attacker is rapidly swapping various stolen tokens for ETH, making it harder to trace…