Ethereum’s $15.3B Burn Bonfire: Over 4.5M ETH Destroyed Since EIP-1559 Activation

December 21, 2024 Bitcoin.com

Ethereum’s .3B Burn Bonfire: Over 4.5M ETH Destroyed Since EIP-1559 Activation

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This weekend, data confirms that more than 4.5 million ether (ETH) have been burned on the Ethereum network since Aug. 5, 2021, marking the implementation of Ethereum Improvement Proposal (EIP)-1559. The Great Ethereum Burn Approximately three years and four months have passed since the London hard fork was activated, and during that time, 4,523,479.74 ETH […]

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Ethereum price eyes new all-time highs, but will $15K be the top?

December 17, 2024 Coin Telegraph

Ethereum price eyes new all-time highs, but will K be the top?

Altcoin Watch

ETH continues to show strength after its rally above $4,000, and bulls appear to be targeting its 2021 all-time highs under $5,000 and beyond.

Ether (ETH) is poised to break its all-time high in the coming days after rising to a new year-to-date high of $4,108 on Dec. 16.

ETH price has gained 8% over the last week. The second largest cryptocurrency by market capitalization is up 28% over the last 30 days and 82% over the last year.

Data from Cointelegraph Markets Pro and TradingView shows Ether’s price was trading at $4,000, about 18% shy of its all-time high of $4,891 set on Nov. 26, 2021.

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ETH, LINK, AAVE and BGB move higher as Bitcoin inches toward new all-time high

December 15, 2024 Coin Telegraph

Aave

Bitcoin bulls are attempting to push BTC price above teh $104,088 all-time high, and charts suggest ETH, LINK, AAVE and BGB will be the first to breakout.

Bitcoin (BTC) recovered sharply from the weekly lows and is charging toward the all-time high of $104,088. VanEck expects the cryptocurrency bull market to hit its first peak in the first quarter of 2025. After that, the asset manager anticipates a 30% pullback in Bitcoin and a sharper retracement of up to 60% in altcoins. The recovery is expected to begin in fall, with “major tokens regaining momentum and reclaiming previous all-time highs by the end of the year.”

Another bullish voice was that of Bitcoin mining industry researcher Danny Marques, who studied Bitcoin’s three previous bull cycles. Marques believes that Bitcoin could reach between $173,646 and $461,135 in 2025, barring any macro deterioration like 2020.

Crypto market data daily view. Source: Coin360

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Ethereum on Track for $5,000 as Network Activity Surges: Cryptoquant Report

December 12, 2024 Bitcoin.com

Ethereum on Track for ,000 as Network Activity Surges: Cryptoquant Report

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Ethereum may be heading for a breakthrough above $5,000, with Cryptoquant analysts pointing to a mix of tightening supply, climbing demand, and lively network activity as driving factors. Will Ethereum Break $5K? Cryptoquant Highlights Key Indicators According to Cryptoquant‘s December 2024 analysis, ethereum (ETH) is riding a wave of favorable trends, fueled by data from […]

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Ether poised to outperform Bitcoin: Bybit

December 6, 2024 Coin Telegraph

alt season

Bybit’s November market report points toward Ethereum gaining traction as Bitcoin dominance fades.

Ether (ETH) outshined Bitcoin (BTC) in the cryptocurrency spot and derivative markets after the United States Nov. 5 presidential election and keeps gaining momentum, according to a Dec. 2 report by crypto exchange Bybit.

In November, Ether “gained significant traction against BTC, as reflected by the sharp drops in the ratio between their spot prices,” Bybit said in its November 2024 Volatility Review, co-created by market researcher Block Scholes.

Growing demand for ETH options also indicates “[t]raders are increasingly favoring ETH,” Bybit said in a statement.

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Crypto ETFs Surge: ETH Net Inflows Hit $1B, BTC ETFs Reach $33B in Record-Setting Year

December 6, 2024 Bitcoin.com

Crypto ETFs Surge: ETH Net Inflows Hit B, BTC ETFs Reach B in Record-Setting Year

Bitcoin ETFs

On Dec. 6, as the markets painted a vivid shade of red, spot bitcoin and ethereum exchange-traded funds (ETFs) bucked the trend, attracting record-setting inflows. Ether Funds Join the Billionaire Club as Bitcoin ETFs Maintain Crypto ETF Dominance Thursday brought a flurry of activity for spot crypto ETFs. The 12 U.S. bitcoin funds collectively brought […]

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Ethereum’s $4,000 Struggle: A Modest Gain Amid Bitcoin’s $100K Glory

December 5, 2024 Bitcoin.com

Ethereum’s ,000 Struggle: A Modest Gain Amid Bitcoin’s 0K Glory

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While bitcoin (BTC) climbed into the $100,000 range, ethereum (ETH) took a modest step upward with a 2% increase but still couldn’t cross the $4,000 threshold. ETH Faces a $4K Wall: Modest Gains as Market Eyes Bitcoin’s Triumph The second-largest cryptocurrency by market capitalization—and the 26th most valuable asset globally—ethereum has seen some positive movement, […]

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Ethereum to $7K? ETH price targets mushroom as altseason gathers pace

December 4, 2024 Coin Telegraph

Ethereum to K? ETH price targets mushroom as altseason gathers pace

Coin Telegraph

Ether looks good on both long and short timeframes, traders say, as ETH price strength "finally" appears against Bitcoin.

Ether (ETH) is due for a breakout toward $5,000, crypto analysis says, as the largest altcoin gains ground against Bitcoin (BTC).

ETH/USD 1-day chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView shows daily ETH price gains of more than 5% for Dec. 4.

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Ether Exodus: Liquid Staking Platforms Lose 230,000 ETH in 33 Days

November 30, 2024 Bitcoin.com

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Last month, the amount of ether locked in liquid staking platforms surpassed 14 million, but over the past 33 days, it dipped by 230,000 ether to 13.85 million. Rocket Pool Hit Hard: Massive Outflows Highlight Liquid Staking Shakeup Liquid staking, a favored decentralized finance (defi) method, has protocols holding the largest total value in defi […]

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Ethereum Explodes With 10% Gain—Is Altcoin Season About to Ignite?

November 28, 2024 Bitcoin.com

bitcoin.com

As bitcoin enjoyed a bit of a lift on Wednesday, ether (ETH) stole the spotlight by jumping more than 10% in just 24 hours. The second-largest cryptocurrency now claims over 13% of the $3.33 trillion total market cap. Ether’s $47B Volume Surge Sparks Wild Speculation—$7,500 Next? Bitcoin (BTC) gained 4.4% against the U.S. dollar in […]

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