Ethereum (ETH), the second-largest cryptocurrency, has reached a significant milestone by touching $4,000, marking a two-year high and closing the gap towards its all-time high (ATH). As Bitcoin (BTC) also reached a new all-time high of $70,100, the cryptocurrency market is witnessing an explosive bull run. Technical analysis suggests that Ethereum is poised to overcome […]
On-chain data shows that one whale is rapidly accumulating Ethereum (ETH), selling large amounts of Wrapped Bitcoin (WBTC) via Aave, a popular non-custodial protocol. Whale Borrows WBTC From Aave, Buys ETH As of February 16, Lookonchain data showed that the whale borrowed 280 Wrapped Bitcoin (WBTC), equivalent to approximately $14.6 million, Aave, one of the leading […]
Bitcoin, the world’s largest cryptocurrency by market capitalization, appears to be still struggling a week after the approval of spot BTC ETFs in the US. While the premier cryptocurrency failed to capitalize on this positive development, the price of Ethereum – the acclaimed king of altcoins – soared to new highs. Interestingly, cryptocurrency analysts and […]
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has witnessed a remarkable surge of 7.4% in the past 24 hours, reaching $2,023 since April 2023. This surge in Ethereum’s value closely mirrors the recent upward movement of Bitcoin (BTC). It coincides with reports indicating that BlackRock, a renowned asset manager overseeing $9 trillion in assets, […]
Ethereum sentiment is at extreme lows despite an ongoing recovery in the cryptocurrency market. Controversy continues to keep the top altcoin from joining in the fun. But a rising tide lifts all boats, and Bitcoin’s breakout could have been enough to revive Ether, albeit later than other coins. The recent rise has been enough to […]