Tag: ether price

Cryptory.net - A crypto whale recently placed $150 million on ETH price but this token could struggle in the near future due to following reasons.

Cryptory.net - Ether has been stuck between $1,800 and $1,900 since July 21.

Bitcoin and Ethereum's dominance grows, stablecoin market cap declines, and Ethereum's Shapella upgrade fuels growth impact.

Cryptory.net - An Ethereum wallet has woken up after 8 years of dormancy.

According to K33 Research, the collective market capitalization of BTC, ETH, and stablecoins has achieved its peak level since February 2021.

Since Ethereum's London hard fork 21 months ago, the network has seen the elimination of more than 3.33 million Ether, amounting to $6.1 billion. Currently, about 3.51 ether is burned every minute. The Opensea platform has emerged as a significant player in the burn process since August 5, 2021, ranking just below traditional ETH transfers, with a contribution of 230,050 ETH burned.

As the second-largest cryptocurrency by market capitalization and a crucial component of the decentralized finance (DeFi) and non-fungible token (NFT) ecosystems, Ethereum holds significant importance. Hence, it is relevant to examine the Ethereum price predictions for 2023 as presented by distinguished analysts.

Since the 2018 bear market, Ether has nearly given up its lead over Bitcoin.

Ether has experienced a price surge of almost 10% following the Shapella hard fork on April 12th.