Ethereum’s surge positions it as a top global asset, outpacing giants like Coca-Cola and Alibaba. Key Takeaways Ethereum’s price surged nearly 50% to over $2,700 after the Pectra upgrade. Abraxas Capital acquired 211,030 ETH valued at approximately $477 million post-upgrade. An almost 50% price surge from the $2,700 region was witnessed in Ethereum on whispers of the Pectra upgrade one …
Read More »No more sleeping for Ethereum! After more than a couple of weeks of boring and dull trading, the sleeping giant is awake. Strong buyers grabbed the opportunity to take Ethereum up beyond $2,200. In just seven days, prices skyrocketed by 32%. And what fed this inferno? The triumphant return of Bitcoin into six-figure territory has set the motion for the …
Read More »
Bitcoin’s grasp over the crypto throne is weakening as altcoins smell the opportunities. At one time, Bitcoin commanded more than 65% of the merchant capital; now it stands at a much lower 63.39%. Is this truly just a temporary stumble, or is it the dawn of another alternative-coin age? The investors are betting on the latter; hence, the increased interest …
Read More »
The crypto trader Coinvo asserted recently on X, “ETH is insanely undervalued.” Could there be something in his theory? Delving into the blockchain tells a compelling story. Despite the general price action of ETH lately, accumulation addresses keep stacking sats. Are these smart money investors witnessing something that all of us are missing? On-chain data certainly says “yes.” Ethereum May …
Read More »
Key Insights: Long-term ETH price holders increased wallets by 22%, lowering cost basis despite unrealized losses. Ethereum nears breakout zone with RSI neutral, volume rising, and Bollinger Bands tightening. Options volume surges 75% as traders position long ahead of Pectra upgrade and market movement. Something went wrong. Please try again. During an epoch when the price of Ethereum underwent some …
Read More »