According to the onchain analytics firm Santiment, Ethereum large holders, namely shark and whale addresses having up to 1 million ETH, have dumped $4.2 billion worth of ETH, which is 3.3 million coins in the last five weeks. The Ethereum Merge occurred on Sept. 15, to the joy of the community. 🐳🦈 #Ethereum‘s shark & whale addresses (holding 100 to 1M $ETH) have dropped 3.3M $ETH in just the past 5 weeks. This equates to about $4.2B in dumped coins. The asset’s price vs. #Bitcoin… Source link

DBS, the biggest bank in Southeast Asia, has some opinions on Bitcoin and other cryptocurrencies. Digitized cryptocurrency trading was only made available to the company’s high-rolling customers as recently as last month. DBS Digital Exchange is a platform for businesses and other organizations interested in entering the cryptocurrency market. You can only buy and sell BTC, BCH, ETH, and XRP on this exchange at the moment. But this isn’t the only optimistic… Source link

Ethereum’s much-anticipated Merge didn’t create the expected fireworks across the board in terms of ETH’s price action. In fact, Ethereum enthusiasts also discussed the ETH:BTC ratio at length in the past in tandem with “the flippening”. A hypothetical event that would see Ethereum overtake or “flip” Bitcoin’s market capitalization. However, that seems like a far-fetched reality given the current soup ETH has found itself… Source link

Alex Dovbnya Controversial cryptocurrency YouTuber Ben Armstrong says that Cardano might end up surpassing Ethereum in the long term Controversial cryptocurrency YouTuber Ben Armstrong (a.k.a BitBoy) caused a stir on Twitter after predicting that Cardano would end up surpassing Ethereum by market capitalization.     Realistically, this could happen six years from now, according to the prominent crypto influencer. Cardano, which was initially known as “Japanese Ethereum” shortly… Source link

The current state of our world and environment is dire. The Earth has never been in such awful shape. This is all due to climate change caused by pollution and greenhouse gas production. A million species are at risk of extinction, and natural ecosystems have lost around half of their area. The biomass of wild mammals has decreased by 82%, mostly due to human activity. One of these human activities is mining for crypto, which uses a large amount of energy… Source link

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A closely followed crypto strategist and trader is predicting rallies for Bitcoin (BTC) and Ethereum (ETH) that he says will leave naysayers in disbelief. Analyst Justin Bennett tells his 109,800 Twitter followers that Bitcoin has successfully broken above its diagonal resistance, a trendline that has kept the market bearish since November 2021. “BTC reversed today right from the linear trend line from the all-time high.”  Source: Justin Bennett/Twitter With the diagonal… Source link

Monero (XMR) gets a neutral rating from InvestorsObserver Saturday. The Digital Money asset is down 0.25% to $139.7 while the broader crypto market is down 0.23%. Monero has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Neutral Over the last five days, Monero has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Litecoin rejected multiple times at $53.8 resistance in recent weeks A move below $50 could hearten the bears The USDT Dominance metric saw a sharp pullback on 13 October, but it has quickly made up ground. This showed that market participants favored holding on to Tether over the past couple of days. Throughout October, this metric has been… Source link

It was the fourth consecutive week of losses or no movement for Bitcoin and Ethereum, both of which dipped lower at the end of this week after more high inflation readings from the U.S. Bureau of Labor Statistics.  Bitcoin fell 2% over the past week and currently trades for $19,126; Ethereum fell 3.5% to a current price of $1,282, according to CoinGecko data.  On Monday, Bitcoin’s mining difficulty hit a new all-time high after rising by 14%—the largest spike since May. As difficulty… Source link