ETHGas, which tracks Ethereum gas fees, rose over 36% following increased network activity and congestion. The surge was driven by a rebound in Ethereum transactions and a rise in DeFi lending dominance to 67% of onchain borrowing. Layer 2 solutions like Arbitrum and Optimism also contributed to the activity spike. While GWEI broke above a key resistance level of $0.01983, continued price gains depend on sustained network congestion and buying interest.
Ethereum maintained strong support around $2,760 after a 14% weekly rally, boosted by $413.8 million inflows into U.S. spot Ethereum ETFs over two days. Large holders and BitMine expanded their ETH holdings significantly, signaling confidence. Techni...
Ethereum's price is targeting around $3,000 in the short term, supported by technical indicators like Elliott Wave analysis and moving averages. However, momentum is weakening as shown by a flattening MACD and potential negative divergence, signaling...
Bitcoin surged close to $87,400, pushing the crypto market near a $3 trillion cap, driven by $558 million in liquidations mainly from short positions. Institutional investors fueled the rally with over $1.9 billion in spot ETF inflows, especially int...
Ethereum (ETH) recently surpassed a resistance level around $2,661, indicating a potential move toward $3,050. However, the price may consolidate between $2,775 and $2,825 before attempting to reach the psychological $3,000 mark. The bullish outlook ...
Ethereum (ETH) surged nearly 11% in 24 hours, reaching $2,800, confirming a bullish breakout after a prior bearish cycle ended at $1,550. High trading volumes of $20 billion and strong on-chain signals like the MVRV Ratio suggest a new upward trend, ...
