Summary: In 2024, Uniswap led Ethereum burning with 71,915 ETH but saw a 72.4% QoQ decline in its burn rate. This decrease is part of a broader trend, with major ETH burners like Uniswap and Tether experiencing significant reductions in their burn activities.

• Sentiment: -0.7
• The Merkle News @ 2024-08-18 00:01:41 EDT Read More

Summary: In 2024, the top 10 Ethereum burners, led by Uniswap, burned 39.2% of all ETH, with Uniswap's burn rate dropping by 72.4% from Q1 to Q2. The overall trend shows a significant decline in Ethereum burns across major protocols.

• Sentiment: -0.8
• The Merkle News @ 2024-08-18 00:01:41 EDT Read More

Summary: https://en.bitcoinsistemi.com/what-to-expect-in-bitcoin-and-ethereum-in-the-coming-weeks-here-are-the-remarks-of-two-experts/

• Sentiment: 0.0
• Bitfinex Pulse @ 2024-08-17 18:06:23 EDT Read More

Summary: Ethereum has seen a significant increase in staking inflows, surpassing 16,000 ETH, amid recent price declines. Gas fees have drastically decreased, hitting below 2 gwei, highlighting improved network efficiency. However, technical analysis suggests a potential short-term price correction.

• Sentiment: 0.1
• NullTX @ 2024-08-17 22:31:22 EDT Read More

Summary: Vitalik just dropped a new ENS domain, “dacc.eth,” which stands for “Defensive Accelerationism” (DACC).

• Sentiment: 0.0
• Cryptopolitan @ 2024-08-18 11:36:50 EDT Read More

Summary: Ethereum (ETH) maintains a $320 billion market cap and has seen significant trading activity recently. The shift to Ethereum 2.0 and the EIP-1559 upgrade are key to its evolution, promising increased scalability, sustainability, and deflationary pressure, enhancing its role in DeFi and NFTs.

• Sentiment: 0.8
• O4L Online Network @ 2024-08-18 11:10:19 EDT Read More

Summary: BlockDAG, with its innovative Directed Acyclic Graph (DAG) structure and high transaction speed, is poised to rival Ethereum's success. Analysts predict its value could reach $1 post-launch, offering significant growth potential akin to early Ethereum investments.

• Sentiment: 0.8
• The Merkle News @ 2024-08-18 13:00:07 EDT Read More

Summary: Ethereum’s gas fees have hit a five-year low, with users paying 0.6 gwei, down from 83.1 gwei in March. This sharp decline historically precedes a rise in Ether (ETH) prices, suggesting a potential bullish trend for ETH soon.

• Sentiment: 0.7
• Live Bitcoin News @ 2024-08-18 12:53:46 EDT Read More

Summary: Vitalik Buterin, Ethereum’s co-founder, donated 200 Ether, worth $524,320, from unsolicited memecoins to the Effective Altruism Fund’s Animal Welfare Fund. This move highlights his commitment to philanthropy and ethical considerations within the cryptocurrency space.

• Sentiment: 0.8
• FXLeaders @ 2024-08-18 12:39:47 EDT Read More

Summary: Ethereum (ETH) has fallen below the $2,600 support zone for the third time this week, raising concerns among analysts about potential future price movements and key support levels to monitor amid ongoing market turbulence.

• Sentiment: -0.6
• RecentlyHeard @ 2024-08-17 16:10:11 EDT Read More

Summary: Ethereum (ETH) has faced volatility, dropping below $2,600 multiple times recently. Analysts suggest monitoring the $2,300-$2,380 support range, with concerns that ETH might decline further if this level fails. Predictions vary, with some expecting ETH could fall to $1,200.

• Sentiment: -0.35
• RecentlyHeard @ 2024-08-17 16:10:11 EDT Read More

Summary: Ethereum's price rose by 1.72% to $2,609 today, despite a $60 million sell-off by whales on major exchanges, raising concerns about a potential market downturn. The sell-off involves significant transfers of ETH to Binance and Coinbase.

• Sentiment: -0.2
• EconoTimes @ 2024-08-17 17:45:35 EDT Read More

Summary: Ethereum (ETH) has recently struggled, with its price falling below key support levels and facing predictions of a potential drop to $1,200 by December. Analysts emphasize the importance of maintaining the $2,300 to $2,380 support zone to avoid further declines.

• Sentiment: -0.6
• The Currency analytics @ 2024-08-17 17:36:31 EDT Read More

Summary: Ethereum's price rose today, but significant whale activity—$60 million in ETH sold—has created market anxiety. Analysts warn of potential declines if specific chart patterns hold. Despite an ETF boost, the short-term outlook for ETH remains uncertain.

• Sentiment: 0.2
• The Crypto Times @ 2024-08-17 16:44:23 EDT Read More

Summary: Ethereum's price rose 1.72% to $2,609 today. However, a $60 million ETH sell-off by whales on major exchanges has fueled concerns about a potential market downturn. Analysts predict possible declines or increased volatility based on these movements.

• Sentiment: -0.2
• EconoTimes @ 2024-08-17 17:45:35 EDT Read More

Summary: Ethereum's price increased 1.26% to $2,654, showing recovery from a mid-week sell-off. A significant transfer of 10,000 ETH to Binance by Metalpha, worth $26.02 million, occurred, maintaining Ethereum's value above $2,600 and signaling potential resistance at $2,750.

• Sentiment: 0.1
• CoinGape @ 2024-08-17 20:30:03 EDT Read More

Summary: Crypto analyst Ali Martinez suggests Ethereum might face a pullback to $2,350 if it forms a rising wedge pattern, but a close above $2,800 could negate this. Vitalik Buterin's recent large ETH transactions and donations add to the market's uncertainty.

• Sentiment: 0.1
• The Merkle News @ 2024-08-17 22:58:13 EDT Read More

Summary: Ethereum (ETH) is experiencing mixed signals: while whales are accumulating ETH and showing bullish sentiment, recent movements of ETH to exchanges suggest increased selling pressure. Despite this, ETH's potential to reach $2.9k remains if a bullish trend reversal occurs.

• Sentiment: 0.1
• AMBCrypto @ 2024-08-17 23:00:21 EDT Read More

Summary: In early August, Ethereum (ETH) dropped 30% to $2,226 but has recently climbed to around $2,610. Despite this recovery, analyst ShayanBTC warns of potential further declines due to a low Taker Buy/Sell Ratio, suggesting persistent selling pressure.

• Sentiment: -0.7
• NewsBTC @ 2024-08-18 06:00:28 EDT Read More

Summary: The price of Ethereum (ETH) has increased by 2% recently, testing resistance at $2,669. If it breaks through, it could approach $2,700. However, if it remains below $2,750, a correction to $2,500 may occur. Consolidation in the $2,500-$2,800 range is expected.

• Sentiment: 0.2
• U.Today @ 2024-08-18 11:40:00 EDT Read More

Summary: In August, Ethereum (ETH) dropped 30% to $2,226 but rebounded to $2,610. However, uncertainty persists about its ability to sustain this momentum. Analyst ShayanBTC warns that the Taker Buy/Sell Ratio suggests potential further declines if selling pressure continues.

• Sentiment: -0.3
• RecentlyHeard @ 2024-08-18 11:21:04 EDT Read More

Summary: In early August, Ethereum (ETH) dropped 30% to $2,226 amid a market downturn. However, it has since shown resilience, recovering to around $2,600. Despite this rebound, uncertainty remains about its future price movements.

• Sentiment: 0.1
• RecentlyHeard @ 2024-08-18 11:21:04 EDT Read More

Summary: Ethereum is currently struggling to maintain its price above a key support zone of $2,300 to $2,380. Analysts are divided, with some predicting a potential drop to $1,200, while others remain optimistic about future gains, including a possible rise to $10,000.

• Sentiment: 0.0
• The Currency analytics @ 2024-08-18 12:56:28 EDT Read More

Summary: On Thursday, Ethereum ETFs faced a major outflow of $39.21 million, notably driven by the Grayscale Ethereum Trust's $42.52 million drop. This marked a sharp shift in investor sentiment from Ethereum to Bitcoin ETFs, which saw $11.11 million in inflows.

• Sentiment: 0.2
• The Currency analytics @ 2024-08-17 14:48:33 EDT Read More

Summary: BlackRock's Ethereum ETF has seen significant inflows, nearing $1 billion, indicating strong institutional interest. Additionally, a recent drop in ETH gas fees, historically a price bottom indicator, along with a potential Fed rate cut, suggests a positive outlook for ETH’s price.

• Sentiment: 0.4
• Head Topics @ 2024-08-17 18:18:00 EDT Read More

Summary: BlackRock now holds more ETH than the Ethereum Foundation, with its ETHA ETF approaching $1 billion in net inflows. Analysts suggest this strong performance might positively impact ETH’s price, despite current low network activity and mixed price signals.

• Sentiment: 0.2
• AMBCrypto @ 2024-08-17 18:00:54 EDT Read More

Summary: The article highlights a significant shift in institutional investment strategies, with Ethereum ETFs gaining traction and becoming competitive with Bitcoin ETFs. Vance Spencer predicts that a balanced investment approach between Bitcoin and Ethereum will become popular due to Ethereum's growing applications and institutional interest.

• Sentiment: 0.75
• The Coin Republic @ 2024-08-17 20:38:31 EDT Read More

Summary: Nasdaq ISE, LLC withdrew its proposals for options trading on spot Bitcoin and Ethereum ETFs, following similar actions by other exchanges. Despite this, experts predict exchanges may refile soon, with the potential for future approvals influencing the market positively.

• Sentiment: 0.1
• The Tech Report @ 2024-08-17 21:59:12 EDT Read More

Summary: Analysts are highly optimistic about Ethereum's price, predicting it could range from $6,000 to $166,000 by the end of 2024. The growth potential is partly attributed to Ethereum spot ETFs, despite recent net outflows and varying short-term estimates.

• Sentiment: 0.8
• The Merkle News @ 2024-08-18 00:00:03 EDT Read More

Summary: Franklin Templeton has filed with the SEC to launch the Franklin Crypto Index ETF, which will invest in Bitcoin and Ethereum. This move, part of their broader digital asset strategy, reflects growing institutional interest in regulated cryptocurrency investment products.

• Sentiment: 0.7
• Coinfomania @ 2024-08-18 11:49:46 EDT Read More

Summary: Spot Ethereum ETFs faced a setback with $39.21 million in net outflows on Thursday, largely due to a $42.52 million redemption from the Grayscale Ethereum Trust (ETHE). This contrasts with positive inflows into other Ethereum ETFs and Bitcoin ETFs.

• Sentiment: -0.32
• deythere.com @ 2024-08-18 10:30:29 EDT Read More

Summary: ETFSwap (ETFS) is gaining attention as a potential "Ethereum Killer" due to its innovative ETF solution and rapid presale success. It offers tokenized versions of traditional financial assets, expanding beyond Ethereum's DeFi dominance and aiming for substantial market growth.

• Sentiment: 0.7
• Crypto Reporter @ 2024-08-18 10:08:12 EDT Read More

Summary: Despite recent price drops, institutional investors are increasing their Ethereum holdings, indicating potential for a future rally. While Ethereum is down 24% in the past month, rising ETH ETF inflows suggest a positive medium-term outlook for the cryptocurrency.

• Sentiment: 0.4
• The Cryptonomist @ 2024-08-18 12:30:47 EDT Read More

Summary: The article focuses on a crypto analyst's prediction that Solana (SOL) may follow a growth trajectory similar to Ethereum's 2020 rise, potentially reaching $1,000. The analyst compares Solana's current patterns with Ethereum’s past performance to support this forecast.

• Sentiment: 0.8
• RecentlyHeard @ 2024-08-17 14:36:53 EDT Read More

Summary: RCO Finance, a decentralized trading platform on Ethereum, features an AI-driven tool for trading and financial planning, providing an edge to both novice and experienced investors. This innovation offers access to various assets and improved trading conditions within the Ethereum ecosystem.

• Sentiment: 0.8
• BlockchainReporter @ 2024-08-17 18:00:00 EDT Read More

Summary: Rocket Pool ETH (RPL) is gaining traction as a decentralized Ethereum staking protocol, allowing users to stake with as little as 0.01 ETH. Its innovative approach and recent positive price movements make it a notable option for Ethereum investors.

• Sentiment: 0.8
• Crypto Reporter @ 2024-08-18 12:11:44 EDT Read More

Summary: In August 2024, Ethereum (ETH) remains a top investment choice due to its strong network, scalability, and ongoing upgrades. Its broad utility in dApps and DeFi projects makes it a critical player in the cryptocurrency market, with promising growth potential.

• Sentiment: 0.8
• Coinpedia @ 2024-08-18 13:17:04 EDT Read More