Moneybags Got Rid of $1 billion worth of Ethereum in December
In December 2022, cryptocurrency whales actively got rid of Ethereum (ETH) and sold coins worth about $ 1 billion.
Ethereum: a healthy foundation, but dull price forecasts
From a fundamental point of view, the Ethereum network is in great shape. However, forecasts for the ETH exchange rate do not yet share this optimism It has already been 100 days since that momentous day when the entire Ethereum mainnet, as part of the long-awaited Merge update, moved from the extremely energy-consuming Proof-of-Work (PoW) mechanism to an energy-saving Proof-of-Stake (PoS)
Analysts Expect ETH to Decline Despite Strong Foundation
The fundamentals of Ethereum are strong, but analysts expect a further decline in the ETH rate. The Ethereum blockchain has been in the best shape since its launch. 100 days have passed since the transition from Proof-of-Work to Proof-of-Stake. Today, the circuit is protected by almost half a million validators, and energy consumption has decreased by 99%. There are almost 16 million ETH worth $
Most of the Ethereum (ETH) staking is handled by only 4 providers
Decentralization is an extremely sensitive topic for cryptocurrency enthusiasts, as it is the foundation of the entire blockchain industry, and if one of the largest ecosystems in the entire market is not properly decentralized, it can cause serious problems. Delphi Digital highlights an important issue related to the decentralization of the ether.
The analyst predicts a decline in the price of Ethereum to $ 300 in 2023
Popular cryptocurrency analyst Nicholas Merten warned about the upcoming fall of the Ethereum (ETH) exchange rate to $ 300.
The Crypto Community Reacted to the Delisting of Ethereum with Paxful
Delisting of the second-largest cryptocurrency Ethereum from the Paxful crypto exchange split the crypto community into two groups: some supported the decision, others opposed it. The editorial board of BeInCrypto collected in one review the reaction of crypto investors to the delisting of ETH
Ethereum's L2 Solutions Overtook L1 in Terms of TPS
The activity of the second-level networks is growing and has already surpassed the main Ethereum network in some indicators.
Paxful: Ethereum is censored, centralized, there are a lot of scam tokens in it, we are stopping support
Paxful stops supporting Ethereum tomorrow at 15:00 Moscow time Ray Josef, CEO of Paxful (a service for exchanging cryptocurrencies between users) announced that tomorrow at 15:00 Moscow time, support for Ethereum stops.
A well-known trader gave a forecast of the ETH cryptocurrency exchange rate
One of the leading analysts, Mikael van de Poppe, said that the cryptocurrency market lacks a bit of volatility. According to him, this is necessary for successful trading. In addition, he spoke about important price levels for the ether (ETH) cryptocurrency.
Ether was able to recoup after falling below $1200
Ether (ETH) fell to $1,160 at the beginning of trading on December 20. By the evening, the support strengthened, and the altcoin bounced above $ 1200.
Unknown persons moved the "sleeping" four years 22,982 ETH
On December 18, unknown persons transferred 22,982 ETH (~$27.1 million), which have not been moved for the last four years. PeckShield experts drew attention to this.
ETH Discount to ETH reached 5% amid Binance Problems
The discount in the bETH/ETH trading pair reached 5%. Some members of the crypto community believe that the depreciation of the tokenized version of Ethereum on the blockchain of the Binance crypto exchange can be used for profitable purchase of coins As of the time of writing the news, the discount in the bETH/ETH trading pair is 5.08%. In mid-December, the indicator updated the local maximum
CryptoQuant: Large-scale correction of ETH on the horizon
CryptoQuant analysts noted factors that indicate the upcoming sale of the Ethereum (ETH) cryptocurrency. CryptoQuant's analysts foresee serious problems for Ether prices in the near future. Negative fundamental factors can lead to the sale of the second largest cryptocurrency after Bitcoin.
The forecast of the value of the cryptocurrency ether on January 1, 2023
Etherum (ETH) as of January 1, 2023. Against the background of the instability of the virtual asset market, we were interested to understand how the price of the second digital asset will behave in terms of market capitalization.
Bulls Lack Momentum to Push Ethereum Price Up
The price of Ethereum shows a lack of momentum of its own, although the recent growth of bitcoin has pushed ETH to another maximum of fluctuation. Failure at this level caused a sell-off, which may continue and reduce the price of the token to critical support levels.
