Ethereum Faces Market Tremors As Celsius Offloads $1 Billion in ETH

Ethereum Faces Market Tremors As Celsius Offloads $1 Billion in ETH

[ad_1] Ethereum (ETH) is about witnessing a potential sell-off worth $1 billion. This significant transaction is rooted in actions by Celsius, a bankrupt crypto lender. Reports from on-chain analyst Lookonchain indicate that Celsius initiated the transfer of 459,561 ETH, estimated to be worth around $1.014 billion, to various exchanges. The breakdown of this large-scale distribution … Read more

Ethereum’s Path To Recovery: Analyst Highlights 3 Key Factors Pointing To A Price Boom

Ethereum’s Path To Recovery: Analyst Highlights 3 Key Factors Pointing To A Price Boom

[ad_1] Michael van de Poppe, a prominent crypto analyst, recently outlined three key factors that could herald a bullish phase for Ethereum, the second-largest crypto by market capitalization. One crucial factor he identifies is Bitcoin’s current behavior. The analyst pointed out that as the market leader, Bitcoin’s recent signs of bottoming out tend to precede … Read more