Ethereum may finally have some good news for investors, however ETH may not

Ethereum [ETH], which was the second-largest proof-of-work network, switched to proof of stake due to the Ethereum merge. This led to ETH 2.0, a proof-of-stake network, where stakers took the place of miners to validate network transactions.  ___________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for Ethereum [ETH] for 2022-23 ____________________________________________________________________________________ Data from intelligence platform Glassnode showed that … Read more

Ethereum’s correlation with S&P500 could mean this for your portfolio

In the past few years, the cryptocurrency market has shared a close correlation with the stock market. For instance, in February, it was reported that the leading alt, Ethereum [ETH], started to move more closely with U.S. stocks. According to the report, a 40-day correlation coefficient for the token and the S&P 500 marked a … Read more

Here is what Bitcoin and Ether investors are doing in a post-Terra market

Coin flows can tell us a lot about the movements of coins and tokens through the crypto market, as well as investors’ reactions to the market. However, does the latest data match what’s really going on at the exchanges? Let me ETH a look at this Glassnode’s weekly coin flows update revealed that Bitcoin and … Read more

Ethereum: Will ETH defeat bears despite the ongoing capitulation

As per the latest data released by Santiment, on 7 May, the Ethereum network experienced a 3.4 times rise in the number of transactions as compared to any other day. The tweet further went out to state that with the ongoing market capitulation, this is the first time in the last 3.5 years that the … Read more

Report: Ethereum still wears the NFT crown, but could Solana be next in line

Despite the NFT boom of 2021 making it clear that apes and punks are here to stay – at least for a little while longer – NFTs are still a source of furious debate and analysis in the crypto community. Are they investments meant to be flipped, or the digital versions of designer art? For … Read more

Google Trends depict falling interest in Ethereum & NFTs but here’s the caveat

While not the most sophisticated of data tools, Google Trends is a way to roughly understand the level of interest that internet users worldwide have in a certain topic. To that end, Google Trends data for the search terms “Ethereum” and “NFT” revealed an unmistakable end result. This was a fall in search interest since … Read more

Here’s why Ethereum whales’ warm-up could be an opportunity for retail traders

An ordinary minnow or a shark going about their day might spot a pod of mysterious whales traversing the turbid depths of the crypto sea – only to conclude that it has nothing to do with them. This couldn’t be further from the truth as the actions of whales can help other investors roughly guess … Read more

Report: Ethereum foundation $1.6 billion fund is 80% ETH

The Ethereum Foundation has released its first financial report, which offers insights into how the non-profit organization operates.  Ethereum foundation holds approximately 0.3% of ETH total supply The report revealed that the foundation holds $1.6 billion worth of financial assets as of March 31, 2022. 80.5% of this is ETH, 0.7% other cryptocurrencies, and 18.8% … Read more

BTC, ETH plummet amid US stock futures decline as investors prepare for Q1 earnings

The market price of bitcoin (BTC) dropped below $39,000 on April 18 in a declining trend during the Easter holidays. Meanwhile, ether (ETH) price fell below $3,000 for the first time since mid-March. The combined crypto market has lost almost $400 billion since early April, with analysts warning a “disaster in the financial markets” could … Read more

Ethereum’s upcoming ‘Merge’ and how you can make the most out of it

When you heard that the much-anticipated Ethereum Merge was not happening in June, how did you react? Were you part of the camp that was too devastated to get out of bed? Or the one that couldn’t care less? According to one crypto researcher, the Merge is something traders should keep an eye on – especially … Read more