Tag: ether

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

Senior Macro Strategist at Bloomberg Intelligence, Mike McGlone, suggests that Ethereum (ETH) is currently unable to surpass the $2,000 price level following a failed attempt to do so during the recent stock rally.

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.

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

Cryptory.net - Bankruptcy crypto lender Celsius has withdrawn 6,521 staked ETH worth more than $13 million after Shapella upgrade.

Cryptory.net - For the first time in a year, ETH breaks $2,000, liquidating $40 million in short positions over the past 24 hours.

Cryptory.net - Only 170K ETH (or 1%) of the total 18.1M staked ETH on Beacon Chain will be unstaked in the first week after Shanghai upgrade, according to on chain intelligence platform Glassnode.

Cryptory.net - After the Shanghai upgrade, the ETH price may fall but only in the short term.

Cryptory.net - The second largest cryptocurrency in the world - Ethereum (ETH) - had a significant increase in price ahead of the Shanghai upgrade.