Ethereum (ETH) is currently facing a significant selling pressure, resulting in a 23% decline and bringing its price down to yearly lows at $2,200. One of the major concerns for investors is the declining on-chain activity of Ethereum compared to Bitcoin. Ethereum’s total transaction fees have continued to decline, primarily due to lower fees after
Ethereum
Recent developments in the cryptocurrency market have shown that Ethereum has entered oversold territory, indicating a potential bullish trend ahead. Analysts such as Titan of Crypto have suggested that Ethereum is ready for a price rally, potentially reaching as high as $6,000. Historically, whenever the relative strength index (RSI) is in or near oversold territory
Samuel Edyme, famously known as HIM-buktu, is a multifaceted individual in the realm of web3 content writing, journalism, and trading. His entrance into the crypto universe was not that of a triumphant investor, but rather a victim of a Ponzi scheme that utilized cryptocurrency as payment. Instead of backing down, Edyme used this experience to
Samuel Edyme, also known as HIM-buktu, is a multifaceted individual in the world of web3 content writing, journalism, and trading. His path into the crypto universe didn’t start with a successful investment, but rather with a scam that used crypto as payment, pulling him in. Instead of giving up, Edyme emerged from this experience stronger
The Ethereum price action has been a disappointment for many traders in recent months. The cryptocurrency is currently stuck in a bearish trend, with its price dropping by 23% over the past 30 days. This downward trend has not aligned with the optimistic expectations of ETH investors, especially after the launch of Spot Ethereum ETFs.
Ethereum (ETH) has been facing challenges in the market as it struggles to break past the $2,600 mark. Critical data from Farside Investors reveals a decline in interest in Ethereum ETFs, which has added to the cautious sentiment surrounding ETH. This lack of enthusiasm may indicate broader concerns about Ethereum’s future performance in comparison to
In the vast and ever-evolving world of cryptocurrency, one name stands out – Samuel Edyme, also known by his nickname, HIM-buktu. A multifaceted individual, Edyme is a web3 content writer, journalist, and aspiring trader who has made a mark in the industry with his unique blend of skills and experiences. Edyme’s foray into the crypto
Despite the recent market crash on August 5th that saw Ethereum drop to as low as $2,200, it seems that the worst may be over for the second-largest cryptocurrency by market cap. According to data from the onchain analytics platform Glassnode, Ethereum’s market value to realized value (MVRV) lowest pricing level is currently at $1,687,
Samuel Edyme, commonly known as HIM-buktu, is a multifaceted individual with a diverse skill set. He is a web3 content writer, journalist, and an aspiring trader. His ability to play with words and his keen eye for emerging trends have landed him opportunities to contribute to various industry-leading platforms such as AMBCrypto, Blockchain.News, and Blockchain
The cryptocurrency market has been experiencing a period of uncertainty marked by price stagnation and volatility. However, all eyes are now on the highly anticipated Pectra upgrade for the Ethereum (ETH) network, scheduled for the first quarter of 2025. This major upgrade is generating significant excitement among bullish analysts who believe it could be the