Analyst Benjamin Cowen is issuing a warning on Ethereum (ETH) as the second-largest crypto asset lingers around 40% below the 2024 high recorded in March.
Ethereum’s underperformance could be reason for weak ETH ETF demand
This reflects increasing caution from US investors toward ETH. A possible reason may be ETH’s low risk-adjusted returns compared to other top assets. Assets and stocks like Nvidia (NVDA), Gold, Meta, Bitcoin and the NASDAQ-100 have proven to provide higher risk-adjusted returns than ETH in 2024, per Ecoinometrics data.
One Kingdom, Two Kings: Will Bitcoin And Ethereum Reign On? (part 1)
Could the next cycle be the one in which they cement their status as the indisputable kings of the crypto realm?
Bitcoin, Ethereum, Dogecoin Witness Mid-Week Relief Rally: Trader Suggests ‘Avoid Turning $58,300 Into Resistance Over Coming Days’
Cryptocurrency markets are trading relatively flat Wednesday, inching into the green and marking a so-called corrective rally after Bitcoin prices dropped to $56,000 levels earlier in the day. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $57,
Why is Ethereum (ETH) price underperforming compared to the wider crypto market
Ether (ETH) price is down 5.2% between Sept. 3 and Sept. 4 after a strong rejection at the $2,550 resistance, marking eight days since ETH last closed above that level. Traders are now concerned that Ether may underperform even if the broader crypto bull market resumes,
Ethereum price today: ETH is trading at $2,508.95
The price of ethereum, or 1 ETH, traded at $2,508.95, as of 8 a.m. ET. The highest intraday price that ethereum reached in the past year was $4,088.00 on March 12, 2024. *The return comparisons are …
Ethereum & Solana Continues to Decline, Raboo Steals Spotlight as The Must-Buy Crypto Right Now!
The crypto market has been a rollercoaster lately, with Ethereum and Solana both taking some serious hits and leaving investors anxious — and searching for the next big thing. As these once-mighty cryptos continue their downward spiral,
Switzerland’s 4th largest bank ZKB launches Bitcoin and Ethereum trading
Zurich Cantonal Bank, Switzerland’s fourth-largest bank locally known as Zürcher Kantonalbank (ZKB), has launched Bitcoin and Ethereum trading services.
Ethereum Whales Spotted Buying $800M ETH in 24-Hours: What’s Behind It?
Ethereum price hit $2,400 on Sept 4, down 15% in 10 days. On-chain data shows whale investors on a 20-day buying spree capitalizing on the declining ETH prices.
Daily Crypto Update: Bitcoin and other top cryptos lose massive value
The crypto market lost massive value on Tuesday as the Fear & Greed Index hit 27. BTC lost 4.42% value, while ETH and SOL lost over 5% value in 24 hours.
Don’t Count Out Ethereum: Sony’s Big Bet Signals a Bullish Future for the Cryptocurrency
Despite recent struggles, Ethereum’s future looks promising as the convergence of business and blockchains progresses.
Bitcoin Sinks Below $57K, Ethereum, Dogecoin Tumble As Crypto Liquidations Surge: Veteran Analyst Spots King Crypto’s Reversal Pattern From Bullish To Bearish
Leading cryptocurrencies plummeted Tuesday overnight, triggering large liquidations of bullish bets. Cryptocurrency Gains +/- Price (Recorded at 9:00 p.m. EDT) Bitcoin (CRYPTO: BTC) -4.84% $56,419.43 …
Ethereum exchange reserve shoots up by 163K ETH, here’s what other on-chain metrics indicate
According to CryptoQuant’s data, Ethereum’s exchange reserve increased by about 163K ETH, worth about $407.5 million, in the past five days. As a result, ETH may likely see short-term selling pressure until its exchange reserve starts declining again.
Ethereum exchange reserve shoots up by 163K ETH amid mixed signals across on-chain indicators
According to CryptoQuant’s data, Ethereum’s exchange reserve increased by about 163K ETH, worth about $407.5 million, in the past five days. As a result, ETH may likely see short-term selling pressure until its exchange reserve starts declining again.
Ethereum no longer a source of income as Layer 1 network
Ethereum as a Layer 1 produces minimal revenues, compared to the required upfront investment for staking. Despite this, Ethereum block space remains key for L2 networks to wrap and secure their transactions.
Ethereum price today: ETH is down 0.26% today, trading at $2,508.95
Ethereum, or 1 ETH, traded at $2,508.95 as of 8 a.m. ET. The highest intraday price the cryptocurrency reached in the past year was $4,088.00 on March 12, 2024. *The return comparisons are as of 8 a.m …
Ethereum Revenue Drops 99% in Six Months, What’s Next for ETH?
Ethereum revenues have tanked in 2024 since the introduction of blobs. Insiders are now divided on whether to tweak blob fees to save it.
Ethereum ETFs are continuing to struggle. Is that about to change?
Ethereum wasn’t expected to match Bitcoin’s ETF debut, but the next few months will be important, says Fundstrat’s crypto expert …
Turning $2,000 Into a $300,000 Fortune with Ethereum Classic: Is BlockDAG Next in Line to Make New Young Millionaires?
Ethereum Classic. This extraordinary success has motivated many to search for the next big opportunity in the crypto world. BlockDAG is now poised to follow in these footsteps. This latest technology …
Ethereum Targets $3,000 as Bulls Surpass $2,500 Amid Market Recovery
Will this recovery run in Ethereum continue to reach the $3000 mark as it gains strength against Bitcoin? Let’s find out.
Decimated USD (DIO-USD)
The price of bitcoin (BTC-USD) has been under pressure, sliding below the $60,000 benchmark level with ethereum (ETH-USD) and other altcoins following suit. Where is this down trend coming from and …