55% Of Crypto Investors Remain Bullish About Bitcoin And Ethereum – Report
Bitcoin (BTC) and Ethereum (ETH) prices have dropped around 10% and 25% since August, reaching their lowest levels in the past six months. As a result, crypto investors’ sentiment appeared to be faltering, moving toward a negative outlook on the market. Nonetheless, a recent report revealed that most owners remain bullish about the largest cryptocurrencies […]
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With the king bleeding out over the weekend, the crypto market seems to be losing momentum. A few sectors and projects remain in the green zone. Ethereum and its DeFi protocols have made a display of strength and conviction from their investors seem to remain bullish. Messari Research Mira Christanto compared ETH-DeFi with Binance-DeFi and […]
Following Bitcoin and other top coins, Ethereum is in red, bleeding at spot rates. In summary, Ethereum is down 20% from the May 2024 highs, easily breaking $3,300, as the Bears target is $3,000 in the short term. Ethereum Down But Analysts Are Bullish: Here’s Why However, amid this deluge of sellers, some analysts remain […]
On-chain data shows crypto exchange Coinbase saw a withdrawal of 400k Ethereum yesterday. This could be a sign of activity from institutional investors, and could prove to be bullish for the coin. Coinbase Observes Outflow Of 400,000 ETH As pointed out by a CryptoQuant post, about 400k ETH (1.5 billion at the current exchange rate) was withdrawn yesterday from the crypto exchange Coinbase. The indicator used here is the Ethereum outflow, which shows the total number of coins exiting wallets of the exchange. When the metric shows a big spike, it means a lot of ETH was withdrawn from the....
With the bear market coming into full bloom, Ethereum whales are stacking up their holdings. However, there has been some deviation from the norm as new coins seem to have caught the fancy of these large investors. With meme coins continuing to make whales, the top 100 Ethereum whales remain bullish on them. The result […]
Over today’s trading session, Ethereum and the crypto market are showing strength and are trading in the green. The positive price action could be supported by the expectation around ETH’s upcoming major upgrade, “Shanghai.” Related Reading: Analyst That Predicted 2022 Crypto Bottom Says Ethereum Will Hit $10,000 Scheduled for April 12th, this upgrade will allow Ethereum 2.0 validators to un-staked their locked ETH. As a result, the cryptocurrency’s available supply is bound to increase, which could translate into negative price action. So far, the opposite is taking place as traders....