Ethereum's burn rate has climbed by 168% in the previous week, which suggests more on-chain activity and potential price ramifications for the asset.Ethereum's daily burning of a significant quantity of ETH causes deflationary pressure, which
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Although the price of Ethereum (ETH) has somewhat rebounded today, whales appear to be pressing for a sale. Long-term holders, sometimes known as whales, are generally bullish. However, given the strong sell-off that occurred today,
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The top altcoin by market capitalisation, Ethereum, recently showed a death cross on its daily chart, which indicates that the short-term moving average of the coin dropped below the long-term one.ShayanBTC, a contributor to CryptoQuant,
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The second-largest cryptocurrency, Ethereum (ETH), has broken a significant record: the proportion of its supply held on centralised exchanges is at an all-time low. This is typically interpreted by experts as an optimistic midterm indication.
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On the social media platform X, the analytics account @lookonchain has released new data providing an update on spot Ethereum and Bitcoin ETFs for Friday, August 23.As to the statistics disclosed by the aforementioned source,
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During the current market correction, Ethereum had one of the worst drops, causing Ether to lose about a third of its value in a couple of days.Ether is still struggling to recover after the most
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Since the ETF debut, Ethereum (ETH), the second-largest cryptocurrency by market capitalisation, has been the subject of much discussion and speculation among the cryptocurrency community as traders watch to see where its price will go
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Ethereum was beginning to gain traction in the market, but the harsh and prolonged consolidation that produced virtually nothing and only pulled ETH to about $3,800 was a critical indicator that provided insight into the
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Digital currencies are evolving at an accelerating rate; protocols connected to the Ethereum network have seen a notable increase in the overall number of users. Cofounder of Polygon Mihailo Bjelic posted an update on X,
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The cryptocurrency community is still waiting on S-1 permission to start trading Ethereum ETFs, even though the US Securities and Exchange Commission (SEC) approved a spot Ethereum ETF. Some remarks are now expected this week,
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