The number of Ethereum non-zero addresses, meaning addresses that hold at least some amount of Ether, just reached an all-time high. According to data from Glassnode, this metric which counts only externally owned addresses just reached an all-time high of 104,127,318. But what does this mean for the price of Ethereum? Ethereum Non-Zero Addresses Reach…
Ethereum price is aiming for a fresh increase above the $1,880 zone against the US Dollar. ETH could rally unless there is a close below the $1,830 support. Ethereum is facing major resistance near $1,875 and $1,880. The price is trading above $1,830 and the 100-hourly Simple Moving Average. There is a bullish flag pattern…
In recent weeks, Ethereum has demonstrated a downtrend in shorter timeframes, where the bulls struggled to maintain the critical $1900 support zone. This allowed the bears to gain dominance. However, there appears to be a change in price sentiment during recent trading sessions. On the daily chart, ETH experienced a 2% climb. A positive movement…
Ethereum price is currently still below $2,000 but this could quickly change if some things were to come to pass. Some of the most notable things that have been going on for the cryptocurrency include the multiple exchange-traded funds (ETFs) filings that have been made to the United States Securities and Exchange Commission (SEC). When…
The latest sign of crypto going mainstream among traditional investors is the race heating up to launch the first exchange-traded fund (ETF) tied to Ethereum futures. In recent weeks, six companies have filed proposals with the Securities and Exchange Commission (SEC) to launch Ethereum futures ETFs. The Race To Launch An Ethereum Futures ETF Cryptocurrency…
In a recent court ruling, Ethereum (ETH) was denied non-security status in a case against the U.S. Securities and Exchange Commission (SEC). The court granted the SEC’s motion to dismiss the complaint for declaratory relief on whether Ethereum and the Ethereum Network are securities. While the ruling was a procedural one and not on the…
The Ethereum ecosystem has continued to see fascinating developments in the past weeks. Among the most notable is the sudden movement from a participant in Ethereum’s initial coin offering (ICO), who, after a roughly eight-year slumber, has sprung into action due to a reason. The Ethereum ICO participant, whose address remained inactive for 2,922 days,…
Ethereum price is struggling to clear the $1,880 zone against the US Dollar. ETH could start a fresh decline if it stays below $1,880 and $1,900. Ethereum is facing major resistance near $1,880 and $1,900. The price is trading below $1,875 and the 100-hourly Simple Moving Average. Earlier, there was a break below a key…
Ethereum is currently the leader in decentralized finance, non-fungible tokens, and smart contracts, and it continues to maintain its position as the dominant cryptocurrency in the altcoin market. This has led to Ethereum having the highest rate of creation of new addresses when compared to the other blockchains. However, data suggests most of these new…
Ethereum price is struggling to clear the $1,885 zone against the US Dollar. ETH could start a decent recovery if there is a close above $1,885 and $1,900. Ethereum is showing a few bearish signs from the $1,885 resistance. The price is trading below $1,870 and the 100-hourly Simple Moving Average. There is a major…