Ethereum whales have been gobbling up ETH in the past month, according to the crypto analytics firm IntoTheBlock. IntoTheBlock notes that whale wallets holding more than 0.1% of the total Ethereum supply added more than 1.7 million ETH in net inflows to their combined holdings in the past 30 days. Over that month-long period, there […]
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Cryptocurrency analyst Benjamin Cowen is forecasting the likely trajectory of Ethereum (ETH) against Bitcoin (BTC) over the coming weeks and months. Cowen tells his 866,700 followers on the social media platform X that the Ethereum/Bitcoin (ETH/BTC) pair is “likely” to bottom out before the end of this year. According to Cowen, the ETH/BTC pair is […]
The post Ethereum on the Brink of Bottoming Out Against Bitcoin, According to Benjamin Cowen – Here Are His Targets appeared first on The Daily Hodl.
A widely followed crypto analyst is issuing an alert about Ethereum (ETH), saying that the top altcoin appears to be forming a bearish pattern. In a new strategy session, crypto trader Justin Bennett tells his 113,200 followers on the social media platform X that the second largest digital asset by market cap could be forming […]
The post Trader Justin Bennett Issues Ethereum Alert, Says ETH Potentially Forming Bearish Pattern – Here Are His Targets appeared first on The Daily Hodl.
Donald Trump’s 2024 presidential campaign has seen a notable influx of cryptocurrency donations. A political action committee (PAC) supporting Trump pulled in $7.5 million during the third quarter, underscoring a growing interest from the crypto community. Trump Campaign Receives $7.5 Million in Cryptocurrency Donations Trump’s campaign contributions came in via various cryptocurrencies, including bitcoin (BTC), […]
Institutional interest is increasing thanks to the capital efficiency introduced by restaking and liquid staking.
Ethereum validators recorded significant growth during the past year, highlighting the continued institutional adoption of cryptocurrencies.
The number of Ethereum validators increased by more than 30% during the past year, exceeding one million for the first time in June 2024, up from 824,300 in September 2023, according to a research report from Flipside Crypto shared with Cointelegraph.
The rise in validators is attributed to growing institutional interest, spurred by developments in the restaking and liquid staking sectors, said Carlos Mercado, a data scientist at Flipside Crypto.
Widely followed crypto analyst Ali Martinez says that one historically accurate signal is once again flashing bullish for Ethereum (ETH). Martinez tells his 74,000 followers on the social media platform X that ETH may soar to new all-time highs (ATHs) after retesting the lower bound of an upward channel on the weekly timeframe. “Every bounce […]
The post Analyst Predicts All-Time High Rally for Ethereum, Says Bitcoin Flashing Signal That Led to Parabolic Surge appeared first on The Daily Hodl.
Based on the latest figures from Tuesday’s exchange-traded fund (ETF) trading sessions, the 12 spot bitcoin ETFs experienced another day of positive inflows, totaling $371.02 million. In contrast, the nine ethereum-based ETFs recorded outflows, with $12.7 million exiting the ether funds. Bitcoin ETFs Pull in $371M While Ethereum Funds Drop by $12.7M On Tuesday, Blackrock’s […] 
We’re constantly innovating to give our clients access to new technology. Today, we’re thrilled to announce the launch of Ethereum restaking via EigenLayer, a revolutionary new way to secure decentralized applications (dApps) with your staked ETH and earn additional staking rewards. What is Ethereum restaking and how does it work? Earning rewards is no longer […]
The post Restaking via EigenLayer is now available on Kraken! appeared first on Kraken Blog.
Whales have been gobbling up Ethereum (ETH), the native token for the decentralized exchange (DEX) Uniswap (UNI) and a handful of other decentralized finance (DeFi) tokens, according to the crypto tracker Lookonchain. Lookonchain notes one unknown whale wallet withdrew 299,133 UNI worth $2.39 million from the crypto exchange Gate.io over the weekend. The same whale […]
The post Whales Accumulate Ethereum (ETH), Uniswap (UNI) and Two Additional DeFi Altcoins: Lookonchain appeared first on The Daily Hodl.
Market intelligence platform IntoTheBlock says Coinbase’s Ethereum (ETH) scaling solution is on track to become the largest layer-2 (L2) blockchain by the end of the year. In a new report, IntoTheBlock says that key metrics indicate Base is experiencing exceptional growth this year. IntoTheBlock first looks at Base’s total value locked (TVL), the metric representing […]
The post Coinbase Ethereum Scaling Solution Primed To Become Largest Layer-2 Blockchain by End of 2024: IntoTheBlock appeared first on The Daily Hodl.
