pisikhusin

@pisikhusin

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According to Foresight News, CertiK monitoring has revealed that an externally owned address (EOA) associated with the EthContingency project deposited 200 ETH (approximately $520,000) into Tornado Cash this morning. EthContingency, which raised around 2,100 ETH (currently valued at approximately $5.46 million) through an initial coin offering (ICO) in 2017, subsequently disappeared. A significant amount of ETH remains in three wallets linked to the EthContingency project.

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Ethereum rate has bounced off the $2100 barrier (channel support level). The next resistance zone is located around $5500-6000, so I expect the next stop when it reaches $6000,’ the expert wrote. Crypto Pate believes that the price of Ethereum will overcome the nearest resistance zone around $3800-4400 and update the historical high at $4869, reached in 2021. The asset price will then briefly exceed the upper boundary of the resistance barrier at $6000, correct to $4400 and start rising again until it reaches $8000-10,000. Crypto Pate's Ethereum exchange rate forecast on the chart below Crypto Pate, like one of the commenters, advised buying Ethereum at a price of $2500 or less. The coin is now at $2587, but given the fact that the cryptocurrency's exchange rate is fluctuating within a shrinking triangle, we can assume that the asset's value will fall to around $2200 in the near future, and traders will have a great opportunity to buy coins before the pampa at a relatively low price.

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In just five days, stakers have unlocked the Ethereum (ETH) cryptocurrency worth $172.1 million at current exchange rates. Between 23 and 28 August, the number of ETH staking coins fell by 67,840 to 33,956,574. As such, the number of digital assets in circulation increased sharply, which could have triggered a bearish trend. However, on Thursday, the number of blockchain coins began to rise and now stands at 33,976,350 worth $86.2bn. The day after stakers began withdrawing the cryptocurrency, the Ethereum exchange rate went down and by 28 August had fallen 15%, dropping to its lowest value since 8 August at $2398 on the Bitstamp exchange. The price of ETH then corrected by almost 7%, but failed to break the 38.2% Fibonacci level and was in danger of falling to $2460. Probable drop in Ethereum's value

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As Ethereum ETFs gain traction and Bitcoin loses momentum, investors are turning to new and emerging tokens. We’re a month into the launch of Ethereum ETFs and current data shows that Ethereum is gradually making headway in the ETF space. Meanwhile, Bitcoin ETFs have lost some of the momentum they initially had. Numbers wise, however, Bitcoin still has the upper hand with $49 billion in assets, while Ethereum ETFs have only managed around $7 billion. Yet, despite all of this push, BTC’s price has further dipped in the past 24 hours, landing at $59,377 at press time. This decline is driving investors to venture into new and unexplored corners of the crypto space. Among new players is an interesting new low-supply token — BitNance.

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Ethereum (ETH) cryptocurrency creator Vitalik Buterin has donated digital assets, presumably to developers of an operating system for mobile devices. Journalists of the Wu Blockchain publication reported that on 28 August Buterin transferred 199.9 ETH worth $494,812 at the current exchange rate to an anonymous cryptocurrency wallet with a multi-signature. Experts believe that this cryptocurrency vault is owned by members of the ethOS project team. Employees of the ethOS startup want to create the world's first operating system for portable devices based on the Ethereum blockchain. It will include such features as: Sending messages via a decentralised network; Storing cryptocurrencies in a wallet; Making transactions on the blockchain; Running nodes on the ETH network.

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Wow Ethereum Foundation has realised 239,000 ETH since the beginning of 2021

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Today, the price of etherium is hovering around the $2700 mark, reflecting the cautious market sentiment of traders who are weighing the potential for further upside. Technical indicators on several timeframes show a mixed picture, with key support and resistance levels firmly defining Ethereum's short-term trajectory. The daily chart of ETH shows a strong downtrend that dominated in early August, when prices fell from $3400 to a low of $2017. This sharp drop was followed by a period of consolidation between $2600 and $2800. Volume during this consolidation was low, indicating a lack of clear sentiment among traders. Key support remains strong at $2017, while resistance at $2800 is challenging the upside momentum. The 4-hour chart provides a glimpse of the short-term uptrend that emerged around 21 August, taking the price of etherium from $2535 to $2823. However, the upward momentum then slowed down as the price stabilised around $2700.

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The founder of the decentralised cryptocurrency organisation Aave, Mark Zoeller, suggested that the Ethereum Foundation should be dissolved due to the sudden sale of cryptocurrency. On 23 August, it became known that employees of the Ethereum Foundation, a non-profit institution dedicated to the development of the Ethereum blockchain (ETH) and related technologies, transferred 35,000 ETH worth $94 million at the exchange rate at the time of the transaction to the Kraken crypto exchange. Because of this, some traders got spooked by the dump and rushed to get rid of their coins, but there was no collapse of the digital asset's exchange rate. The next day Ethereum Foundation director Aya Miyaguchi explained that Ethereum was transferred to Kraken in order to exchange the coins for fiat currency and pay the organisation's employees their salaries for the year, as well as to transfer grants.

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Analysts at venture capital firm 1Confirmation predict that the crypto industry will undergo major changes in the next five years. One of them is that ether will surpass bitcoin in terms of market capitalisation. This bold expectation of experts is due to the approval of spot exchange-traded funds based on bitcoin and ether in the United States. Currently, all 12 bitcoin-ETFs manage assets worth more than $788bn, Ethereum-ETFs collectively hold almost $88bn. Analysts at 1Confirmation predict that Ethereum's market capitalisation, which currently sits at $321 billion, will surpass bitcoin's $1.2 trillion by 2029. Experts say that the leading altcoin's utility in decentralised applications and finance gives it a serious advantage over bitcoin, which is also referred to as ‘digital gold’. Ethereum's role in creating a decentralised internet will also attract the attention of major investors to the asset.

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Ethereum jumped by over 6% after Fed Chair confirmed that the central bank is looking to cut rates. ETH exchange net flows hit a two-month low after buyers moved over 283.9K ETH out of exchanges. Ethereum ETFs extend outflow streak to six consecutive days after Grayscale's ETHE offset positive flows in Fidelity's FETH. The top altcoin has the potential for a 30% rally if bulls can stage strong buying pressure to overcome a key rectangle's resistance.

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Dencun увеличил число неудачных транзакций в L2-сетях на Ethereum

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Nansen attributed Ethereum's decline to deteriorating market sentiment

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A rise in the value of the coin to $4000; A collapse of the Ethereum exchange rate to $1645. Brandt noted that over the past five months, the price of ETH has fluctuated within a rectangle, but went beyond its lower limit in early August due to a powerful dump. Therefore, in his opinion, if the bulls manage to consolidate above the resistance barrier of $2814 and the price of Ethereum exceeds $2961, the cryptocurrency will rise to $4000. Otherwise, the digital asset will fall in price to $1645. Peter considers the second option more likely. Resistance and support barriers on the Ethereum chart published by Brandt

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A bearish flag on the Ethereum rate change chart Well-known analyst Peter Brandt made two forecasts for the change in the price of ETH, suggesting:

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Cryptocurrency traders are afraid of Ethereum (ETH) falling to $1640 due to the dangerous situation on the market. There is a negative bear flag pattern on the ETH price change chart, indicating a high probability of a downward trend. If sellers manage to gain a foothold under the lower line of the flag, which passes around $2540, the value of Ethereum may collapse to $1640 and thus decrease by 36% from the current figure.

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Traders fear the Ethereum exchange rate will fall to $1640

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Ethereum's annual inflation rate rose to 0.69%. EigenLayer is integrating an option for active validation services to add ERC-20 tokens that can be withdrawn without authorisation. Khelp Financial co-founder and CEO Boomer Saraga said Ethereum's price underestimates fundamental data.

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Spot BTC-ETFs and ETH-ETFs recorded a second day of total inflows According to data from the SoSoValue platform, 12 spot bitcoin-ETFs recorded total inflows of $38.94 million on 13 August. This is an increase of almost 40% compared to the $27.87 million received on Monday 12 August. BlackRock's IBIT fund led the way with inflows of $34.6 million. It was also the only bitcoin-ETF to post positive results for two consecutive days. Since launching in January 2024, the ETF has received more than $20.36 million. Other notable results were Fidelity's FBTC ($22.6 million) and Bitwise's BITB ($16.5 million). Those gains helped counterbalance the $28.6 million outflow from Grayscale's GBTC fund, which has seen total losses of $19.49 billion since inception.

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Cryptokit acquired a fair amount of PEPE and ETH on the fall During market downturns, cryptokit "cookislandstrust.eth" has been accumulating PEPE tokens, spending a total of USDT 3.13 million in the last seven days to buy 420 billion PEPEs. The first major purchase was made during the market crash on 5 August, and another purchase took place just a few hours ago. The user's strategic purchases brought him a profit of $170,000, with gains reaching 5.4 per cent. In addition to PEPE, the wealthy trader managed to buy 2978 ETH, spending USDT 7.05 million. This move brought him an unrealised profit of $534,000 (up 7.58%).

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