Ethereum, the second-largest cryptocurrency by market capitalization, has been in the news lately. It recently has been exhibiting very strong bullish momentum, fueled by increasing institutional appetite and the explosive expansion of its Layer 2 ecosystem. Today, the crypto is trading over $2,600. Despite the recent gains, analysts believe it...
Since the start of the year, all eyes—and wallets—have turned toward Ethereum. Traders are bullishly eyeing a price breakout, fueled by Bitcoin’s recent new all-time high, BTC. Here’s why the next few months look bright for the cryptocurrency. A large percentage of its supply is staked, institutional inflows are increasing...
Bit Digital, Inc. a digital asset mining company, today announced the successful completion of its strategic transition toward an Ethereum-based treasury strategy. This move has led to a significant surge in the company's stock price, reflecting increased investor confidence in the firm's new direction.Bit Digital’s market capitalization went from $7.3...
Ethereum wallets holding at least 10,000 Ether are accumulating the cryptocurrency at a rate faster than before the 95% rally in mid-2022, according to recent data. This surge in accumulation by "mega whales," combined with technical indicators showing a bull pennant formation, suggests a potential breakout targeting $3,400 by August....
Bit Digital has quickly become an upstart, generating huge excitement in the cryptocurrency sector. Most recently, they’ve taken a big step to increase their investment in Ethereum, in turn making a smart pivot towards the flexibility and programmability that Ethereum offers to the booming decentralized finance (DeFi) sector. The company’s...
Ethereum’s network activity has exploded, hitting levels last seen during the 2021 bull market. Daily transaction counts have already skyrocketed to over 1.45 million transactions per day. All in the context of an overall stable price environment, holding steady around $2,450 and $2,700. This balance is the result of solid...
With this move SharpLink Gaming has clearly jumped in feet first into the Ethereum waters. As a result, it’s now one of the first U.S.-listed non-crypto firms to make a formal Ethereum treasury allocation. Moreover, the company sees Ethereum’s potential as a financial infrastructure platform. Further, it claims that its...
Ethereum, the second largest digital coin behind Bitcoin has recently had a significant shift of its “genesis coins.” These coins, minted during the very first stage of the Ethereum development, have sat dormant for almost 10 years. This burgeoning activity follows Ethereum’s near 2% climb in the last month. The...
Genesis wallets from Ethereum’s very beginning on Monday suddenly came to life after nearly 10 years of inactivity. In total, they moved 1,140 Ether tokens – worth approximately $2.9 million. Those wallets that start with address “0x27” and “0x7f” all got their coins 10 years ago. This was around the...
Ethereum has been receiving a lot of positive developments and exposure, with some analysts calling for massive ETH price appreciation before the end of 2025. Ethereum gets more fundamentally attractive by the day, with solid fundamentals and ETF momentum. Its growing importance in decentralized finance (DeFi) and real-world asset tokenization...
