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Ethereum News

Unknown Wallet Buys $107 Million In Ethereum – Purchase Pattern Points To Bitmine

Ethereum is consolidating after weeks of selling pressure. The price chart reflects uncertainty. An on-chain transaction recorded this week reflects something else entirely. Data from Arkham Intelligence has identified a single purchase that stands out against the current market backdrop: an unmarked wallet acquired $106.98 million worth of ETH in one transaction. No announcement. No…

Ethereum Price Slips Below Support, Bears Seize Momentum

Ethereum price started a fresh decline and traded below $2,250. ETH is now consolidating above $2,175 and might struggle to recover. Ethereum started a downside correction from the $2,330 zone. The price is trading below $2,220 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,210…

Bitcoin Surges 10% In A Week: Key Levels To Watch

The Bitcoin price surged past $73,000 in the past week, indicating an improved investor risk appetite despite the overwhelming sentiment. This recent rally has been attributed to several factors, but most notably the announcement of a temporary ceasefire in the US-Iran conflict. With the rise in the spot market, other pricing models are emerging with…