Ethereum Gas Fee Drops To Its Lowest Since July 2021
The On-Chain data shows that Ethereum is in an accumulation phase as its price suffered a drop in recent weeks. During the current market downturn, the world’s second-largest cryptocurrency, Ethereum (ETH), has experienced a significant correction. While the price of Ethereum remains around $2,000, on-chain data suggests a possible price increase in the near term. […]
What Does It Mean For Prices If Bitcoin, Ethereum Have More Unique Holders?
As their prices hovered around support levels, Bitcoin (BTC) and Ethereum (ETH) saw a rise in unique addresses. Concerns over a market meltdown have kept the two largest cryptocurrencies at their respective support levels for several weeks. The BTC price has fallen twice in the last two weeks, briefly to near $38,000 level before rapidly […]
Ethereum (ETH) Price Poised For Strong Bullish Run, Here’s Why
Ethereum (ETH) seems to have bottomed out after severe losses earlier this week and is poised for a bullish performance. Traders await a breach above $3200 to confirm a strong bullish trend. On-chain analysis reveals a strong upcoming gain as the ratio of the on-chain transaction volume in profit and loss indicates panic selling at […]
ETH Whales Purchase Over 393 Billion Shiba Inu (SHIB) Amid Price Drop
The Biggest Ethereum (ETH) wallets appear to be taking advantage of a buy the dip opportunity. This time, the whales have chosen the popular meme cryptocurrency Shiba Inu(SHIB). ETH whales have amassed almost 393 billion SHIB tokens in the last 24 hours. While the price of SHIB has not changed as a result of this […]
Axie Infinity’s Ronin Bridge Hacker Begins The Transfer Of Stolen Ethereum
The attacker(s) behind the largest crypto theft ever recorded have begun to move some of the stolen Ethereum through anonymous services. The stolen Ethereum linked to the Axie Infinity Ronin bridge hack has reportedly been discovered to have some movement on the blockchain address. Several transactions have been made from the suspect Ethereum address in […]