Global #Ethereum

Ethereum (ETH), the world's second-largest cryptocurrency by market capitalization, has been on a downward slide recently. After dipping below the $3,320 support level, it's currently hovering around $3,380, with some analysts cautiously optimistic about a potential upswing.

Ethereum, the second-largest cryptocurrency by market capitalization, has emerged as a leading contender for the top cryptocurrency investment in 2024. With a robust technological foundation and a thriving ecosystem, Ethereum offers numerous compelling reasons for investors to consider.

Digital asset manager Bitwise has taken a unique approach to marketing its upcoming Ethereum spot Exchange-Traded Fund (ETF) by allowing its first commercial to be minted as a non-fungible token (NFT).

Ethereum (ETH) is showing signs of bullish momentum as the amount of ETH held on exchanges has plummeted to a multi-year low. This significant decrease in exchange balances indicates a reduced supply of ETH available for selling, suggesting a potential surge in buying pressure and price appreciation.

A significant event is set to unfold in the cryptocurrency market today, as Bitcoin (BTC) and Ethereum (ETH) options contracts worth a staggering $1.96 billion are slated to expire. This expiration occurs during a period of heightened uncertainty and volatility in the crypto market, adding another layer of complexity to the situation.

In a surprising turn of events, Ethereum witnessed a series of long liquidations totaling a staggering $62 million within just 24 hours, sending shockwaves through the cryptocurrency market. This significant liquidation event has sparked discussions and raised questions about the underlying factors contributing to such a substantial sell-off.