Author: Timmy Grimberg

Ethereum has been grappling with the $4,000 resistance level since early December, facing difficulty in breaking above this critical threshold. Despite these challenges, the price structure suggests Ethereum is gearing up for a significant move. Investors and traders are closely monitoring this range, anticipating a potential breakout that could lead to new yearly highs. Top crypto analyst Jelle recently shared an insightful technical analysis on X, highlighting Ethereum’s strong bullish setup. According to Jelle, ETH is on the verge of a “monster breakout” as it continues to consolidate just below its yearly high. He suggests that once ETH decisively clears…

Bitcoin Price Rally Above $105,000 To New ATH Sparks Interest In WallitIQ (WLTQ): 51,900% ROI Targeted With $3 Target In 21 Days No Result View All Result

Este artículo también está disponible en español. Bitcoin has observed a plunge during the past day. Here’s the nearest on-chain level that the asset would end up retesting if the drawdown elongates. 1 Week To 1 Month Bitcoin Holders Have Their Realized Price At $97,900 As pointed out by CryptoQuant author Axel Adler Jr in a new post on X, the Realized Price of the 1-week to 1-month-old BTC investors is the closest support for the asset right now. Related Reading The “Realized Price” here refers to an on-chain indicator that, in short, keeps track of the cost basis or acquisition…

Despite surging more than 65% on a year-to-date (YTD) basis, Ethereum (ETH) has been overshadowed by Bitcoin (BTC) and other cryptocurrencies like Solana (SOL) and XRP due to their extraordinary price gains throughout 2024. Analysts are increasingly bullish on ETH, projecting five-figure price targets for the second-largest cryptocurrency. Ethereum To Finally Get Its Moment? The leading smart contract platform has had a relatively modest performance in 2024. ETH was trading at $2,350 on January 1, priced slightly above $3,800, marking gains of over 65%. However, a 65% yearly increase is often seen as average in the crypto industry, particularly during…

According to Whale Alert, the average profit per BTC is at an all-time high of $67,088, at the time of writing. “The Potential Profit per Token graph shows the potential profit that holders could make per token if they sold at a specific time,” Whale Alert’s website explains. Whale Alert has further calculations on this metric that can be found here.To put this in perspective, this is more than the average American salary in 2024, which is $62,027. Imagine watching your savings grow and outperform your own yearly salary just for owning one bitcoin.Every day, you trade hours of your…

Join Our Telegram channel to stay up to date on breaking news coverage The crypto market has seen mixed results with recent token listings, reflecting the ongoing volatility and uncertainty in the space. While Pudgy Penguins (PENGU) has delivered remarkable gains, Acet (ACT) and Peanut the Squirrel (PNUT) have struggled to regain traction. This divergence underscores the unpredictable nature of the market as traders evaluate whether sharp price movements are sustainable.   Pudgy Penguins stands out as the top-performing token, experiencing an impressive 502.50% surge in the past 24 hours. The token is now valued at $0.030119 and has achieved a…

After a sluggish start to the week, the Ethereum price appears to be undergoing a strong recovery in the past few days. With the renewed bullish momentum, a return above the $4,000 level seems to be only a matter of time for the altcoin price. Nevertheless, the $4,000 mark is not the only target for several investors; traders appear to be already eyeing the unprecedented $5,000 level. According to a popular blockchain firm, the Ethereum price could surpass this milestone soon. Potential Drivers Of ETH Price To $5,000 In its latest weekly report, prominent on-chain analytics platform CryptoQuant discussed the…

BDAG’s Whitepaper V3 Insights, Bitcoin Spot ETF & XRP Updates No Result View All Result

Craig Wright, an Aussie native who’s been loudly claiming he’s the mastermind behind Bitcoin, Satoshi Nakamoto, was handed a 12-month jail sentence, suspended for two years, by a U.K. court for contempt. This decision came down after Wright reportedly ignored a court order that barred him from pushing more legal claims tied to his Bitcoin […]

On-chain data shows the most massive Ethereum whales control most of the supply, with their holdings only continuing to grow. Ethereum Mega Whales Own More Than 57% Of All Tokens In Existence In a new post on X, the on-chain analytics firm Santiment has discussed how the ETH supply held by the different segments of the user base has looked recently. The indicator of relevance here is the “Supply Distribution,” which keeps track of the percentage of the Ethereum circulating supply that a given wallet group is holding right now. Addresses or investors are divided into these cohorts based on…