ETH staking service providers’ dominance is concerning, here’s why
70% of Ethereum staked is controlled by staking services, which has raised concerns about decentralization. Revenue generated by Ethereum has increased despite a decline in trading activity. According to data provided by glassnode, it was observed that 70.86% of all Ethereum staked on the beacon chain was being staked by staking services such as Lido, […]
Ethereum notes a strong bullish bias on charts, here’s why $1680 is critical
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Ethereum has a bullish outlook, and a buying opportunity could present itself on a lower timeframe market structure break. The CVD was not encouraging, but other technical aspects and price action supported further upside. Ethereum […]
NFT sales surge 67.57% in one year, generate billions in trading volume: Report
The number of non-fungible tokens sold in 2022 reached 101 million. The NFT market generated $24.7 billion in trading volume in 2022, a minor fall from $25.1 billion in 2021. The number of Non-Fungible Tokens [NFTs] sold in 2022 reached 101 million, a surge of 67.57% over the previous year. The results were released as […]
ETH whales start favoring Shiba Inu, but can it sustain the rally?
ETH traders maintained a healthy appetite for SHIB at a critical time. SHIB experienced a strong surge, but the bears might be right around the corner. Shiba Inu [SHIB] is having one of its most important weeks in the recent past, mostly courtesy of Shibarium. This may have renewed investor interest, triggering more demand, which […]
Ethereum sees an increase in these metrics as Shanghai Upgrade nears
Ethereum validators hit over 500,000 as the network moved close to an upgrade. The total value of ETH staked also increased to over 16 million. As per a report published on 17 January by web3 platform Alchemy, the number of smart contracts deployed on the Ethereum [ETH] mainnet had increased by 293% in comparison to […]
Ethereum’s latest update could get ETH holders excited for 2023 because…
The total value of ETH staked and validators on the network witnessed substantial growth Whales show interest in ETH as the number of transactions witnessed a surge Ethereum’s [ETH] staking activity continued its upward swing as the total value staked in ETH 2.0. deposit contract reached yet another ATH, data from Glassnode revealed. 📈 #Ethereum […]
Ethereum [ETH] holders have a reason to rejoice, and it’s not price
MetaMask gives ETH holders an early bull run, especially for those looking to stake their coins. ETH experiences a resurgence of sell pressure as it approaches a key resistance range. Ethereum [ETH] holders now have an extra incentive to keep their funds on MetaMask, as MetaMask staking will act as the new Ethereum staking program, […]
Ethereum (ETH) Price Prediction 2025-2030: ETH defies sell pressure, thanks to…
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject In a CNBC TV18 report, Edul Patel, CEO, and co-founder of Mudrex noted that about four months after the successful switch to a proof-of-stake network, Ethereum has accomplished […]
ETH sharks on accumulation spree, but how long will it take for bubble to burst?
Ethereum sharks accumulate a large amount of ETH, and prices surge. Data suggests a possible bubble, short-term holders may sell. A 12 January tweet by Santiment revealed that sharks had accumulated a significant amount of Ethereum [ETH] over the last two months. This led to a surge in ETH’s prices. The trend of ETH accumulation […]
Ethereum bulls remain euphoric but bears will look to erase all the recent gains
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure flipped bullish for Ethereum last week The move above $1235 saw the range highs tested, but expecting a breakout could be dangerous Ethereum has noted gains of 15.5% in the past three […]
Is Yuga Labs responsible for these changes in the NFT landscape? Details inside…
Yuga Labs drives growth in the Ethereum NFT market. Mutant Ape Yacht Club, BAYC see an increase in NFT volume and sales. According to data provided by Dune Analytics, there was a significant spike in the number of Ethereum [ETH] NFT trades over the last few months. One potential reason for this growth is the […]
Attention LDO holders! Now might be the time to rethink your trading strategy
LDO’s price rallied by over 75% in the last week As investors seek out profit, the bears might be getting ready for a re-entry. Lido Finance’s governance token LDO, saw a significant increase in price of 78% in the past week. This made LDO one of the top-performing cryptocurrency assets in terms of gains over […]
Investors eyeing ETH should look beyond its dev activity to get a complete picture
Ethereum development activity declines compared to other cryptocurrencies such as Polkadot and Cardano The number of Ethereum holders continues to grow. Furthermore, network growth and daily active addresses decrease According to recent data, Ethereum‘s development activity decreased in comparison to other cryptocurrencies such as Polkadot [DOT] and Cardano [ADA]. This decline could have negative impacts […]
Ethereum stakers breathe easy as ETH moves closer to the Shanghai upgrade
As per the latest update, ETH’s Shanghai upgrade is expected to roll out in March 2023 ETH’s development activity witnessed a surge since the beginning of 2023 Ethereum’s [ETH] Shanghai upgrade that is expected to go on the floor in March 2023 would enable the withdrawal of staked ETH. As per the latest developer conference, […]
Ethereum retail investors’ sentiment looks bullish, but will it help ETH?
Investors sentiment toward Ethereum improved of late. Key metrics such as the MVRV ratio and long/short difference suggest that there may be some selling pressure on Ethereum in the coming days. Ethereum faced a lot of volatility over the past year, especially after the merge. However, according to Santiment’s recent data, the tides may soon […]
Ethereum (ETH) Price Prediction 2025-2030: ETH to the moon is still a probability?
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject The price of Ethereum continued to trade strongly above $1,200. Active ETH bulls fought off severe losses below the $1,180 mark. Similar to Bitcoin, the price began a […]
Going short on Ethereum in 2023? Here’s what you need to know
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion ETH was in a short-term price correction. It could retest the $1,247 support or drop lower. A patterned breakout on the upside would invalidate the bias. Bitcoin’s [BTC] attempt to break the $17K resistance […]
Ethereum’s prospects are better than BTC’s for the next 12 months?
ETH might be a better cryptocurrency of the future than Bitcoin. The chances of a strong ETH rally are still low. Now that the crypto market has wrapped up a bearish 2022, crypto investors are likely re-evaluating their portfolios in preparation for the next 12 months. All sorts of opinions have been presented but one […]
With 70% ETH stakers at a loss, long-term investors could have reason to worry
More than 70% Ethereum stakes were underwater at press time The Shanghai upgrade would enable unstaking once deployed Staking Ethereum [ETH], particularly after the Merge, prompted several conversations. The topics of discussion ranged from dominant staking pools to OFAC-compliant blocks, as well as the threats that a combination of the two posed to Ethereum and […]