Attention LDO holders! Now might be the time to rethink your trading strategy

LDO’s price rallied by over 75% in the last week As investors seek out profit, the bears might be getting ready for a re-entry. Lido Finance’s governance token LDO, saw a significant increase in price of 78% in the past week. This made LDO one of the top-performing cryptocurrency assets in terms of gains over … Read more

Investors eyeing ETH should look beyond its dev activity to get a complete picture

Ethereum development activity declines compared to other cryptocurrencies such as Polkadot and Cardano The number of Ethereum holders continues to grow. Furthermore, network growth and daily active addresses decrease According to recent data, Ethereum‘s development activity decreased in comparison to other cryptocurrencies such as Polkadot [DOT] and Cardano [ADA]. This decline could have negative impacts … Read more

Can Ethereum [ETH] bear the loss of desperation in the wake of…

A Crest or trough trend per the exchange inflows could determine if ETH would succumb to a price decrease ETH approached the overbought region as directional movement was not firm Ethereum [ETH], the second largest cryptocurrency by market capitalization gained 8.74% in the last seven days. However, this increase could be short lived as per … Read more

Ethereum retail investors’ sentiment looks bullish, but will it help ETH?

Investors sentiment toward Ethereum improved of late. Key metrics such as the MVRV ratio and long/short difference suggest that there may be some selling pressure on Ethereum in the coming days. Ethereum faced a lot of volatility over the past year, especially after the merge. However, according to Santiment’s recent data, the tides may soon … Read more

Going short on Ethereum in 2023? Here’s what you need to know

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion ETH was in a short-term price correction. It could retest the $1,247 support or drop lower. A patterned breakout on the upside would invalidate the bias. Bitcoin’s [BTC] attempt to break the $17K resistance … Read more

Ethereum: Despite the current drawback, can whales help ETH soar?

Deep-pocket investors renewed their interest in ETH as the coin hit its highest value in three weeks. Buyers from the last few weeks were in slight profits, but on-chain data suggested a possible decrease in the coming days. Whales interested in topping up their Ethereum [ETH] holdings resumed their activities, according to a 4 January … Read more

Ethereum’s prospects are better than BTC’s for the next 12 months?

ETH might be a better cryptocurrency of the future than Bitcoin. The chances of a strong ETH rally are still low. Now that the crypto market has wrapped up a bearish 2022, crypto investors are likely re-evaluating their portfolios in preparation for the next 12 months. All sorts of opinions have been presented but one … Read more

With 70% ETH stakers at a loss, long-term investors could have reason to worry

More than 70% Ethereum stakes were underwater at press time The Shanghai upgrade would enable unstaking once deployed Staking Ethereum [ETH], particularly after the Merge, prompted several conversations. The topics of discussion ranged from dominant staking pools to OFAC-compliant blocks, as well as the threats that a combination of the two posed to Ethereum and … Read more

Could this latest Ethereum development impact the price of ETH? Details inside

Ethereum recently saw a dip in the transaction volume on its mainnet Ethereum price has, however, shown no signs of impact from the latest development In recent weeks, the price of Ethereum [ETH] has been moving, at most, sideways. Of course, given that the cryptocurrency market witnessed a dip, this wasn’t exclusive to it alone. … Read more

Bullish on Ethereum [ETH]? This venture fund founder might agree with you

ETH could herald profits in 2023, according to the founder of Union Ventures Fund. Traders remained optimistic, and validators on the network grew. Fred Wilson, the co-founder of Union Ventures Fund, showed faith in the potential for Ethereum [ETH] to grow over this year. In a statement on 3 January, Fred predicted that even though … Read more