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Ethereum price has slumped nearly 14% in December as net outflows from its spot exchange-traded funds topped nearly $545 million within the period. Will the largest altcoin extend losses now that it is close to confirming a bearish pennant pattern? Summary Ethereum price has dropped 14% in December. Nearly $545 million have outflown from spot Ether ETFs in December. A multi-month bearish pennant pattern has formed on the daily chart. According to data from crypto.news, Ethereum (ETH) price has fallen nearly 14% from its December high of $3,432. Trading at a little below $3,000 when writing, ETH losses were more…

Bitmine has increased its exposure to Ethereum again this week, staking another $352 million in ETH.  Summary Bitmine staked 118,944 ETH ($352M), bringing total staked ETH to 461,504 ETH ($1.37B) On-chain data shows continued accumulation, including a $97.8M ETH transfer from FalconX Despite large unrealized losses, the firm is pressing ahead with a long-term ETH treasury and validator plan Bitmine is not slowing down, even as Ethereum trades well below the levels at which the company built much of its position. On Dec. 31, blockchain data tracked by OnChain Lens showed Bitmine staking 118,944 Ethereum (ETH), valued at approximately $352.16 million at the time…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is once again struggling to regain the $3,000 level, highlighting the fragile state of the market as selling pressure continues to weigh on price action. After multiple failed attempts to push higher, ETH remains locked below key resistance, reflecting broad uncertainty and a lack of conviction among both traders and long-term investors. Market sentiment has deteriorated sharply, with apathy and fear dominating positioning as participants remain hesitant to deploy fresh capital. Rather than aggressive capitulation, the current environment points to exhaustion and indecision, a common feature…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The ETH price could be gearing up for a major recovery from downtrends as the Ethereum network shows renewed signs of strength. On-chain data shows that validator deposits have once again outpaced exits, even after months of higher withdrawal activity, reflecting improved sentiment among holders. Notably, the change is being closely watched as a potential catalyst that could tighten supply and support a move towards or above the $4,000 level.  Ethereum Staking Deposits Overtake Withdrawals Ethereum is seeing a notable shift in staking activity as validator deposits…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum’s price is experiencing a notable uptick in certain key areas following the slight bounce above the $3,000 mark on Monday. Even though ETH has lost the pivotal price level due to a broader market pullback, a certain group of investors is now starting to show heightened demand for the leading altcoin. Big Ethereum Wallets Re-Entering The Market The Ethereum market appears to be shifting once again into a period of demand and accumulation. ETH’s holder behavior is undergoing a decisive shift as observed among major investors…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Joseph Chalom, the CEO of Sharplink, has outlined an optimistic forecast for Ethereum’s (ETH) future, emphasizing a significant increase in the total value locked (TVL) within the network in the coming year.  Stablecoin Expansion And Institutional Interest According to a report from CoinMarketCap, Chalom anticipates that the stablecoin market will soar to $500 billion by December 2026. Currently, the total market capitalization for stablecoins stands at approximately $308.46 billion, suggesting a 62% growth from current figures.  Given that Ethereum is responsible for processing over half of all…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum’s network activity seems to be moving in an opposite direction to its current price performance. While the price of ETH has been experiencing waning action in recent days, the leading network has continued to attract notable participation and usage within the broader cryptocurrency landscape. User Base On Ethereum Keeps Expanding Even in a volatile crypto and macro environment, the Ethereum network has managed to maintain an upside trajectory. Once again, the network is showing quiet but significant expansion while the price of ETH persistently struggles to…

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum treasury firm Bitmine has started staking its Ether tokens, depositing roughly $451 million worth of ETH into Ethereum’s proof-of-stake (PoS) system on Saturday, December 27. This appears to be a fresh strategy from the digital asset treasury (DAT) firm, which has managed to stay relevant in a nascent, uncertain sector of the cryptocurrency industry. How Much Would BitMine Make From Ethereum Staking? In the early hours of Saturday, December 27, on-chain analyst EmberCN revealed that BitMine has finally started attempting to stake its Ether holdings to…

Ethereum price was stuck below the psychological point at $3,000 as exchange-traded fund inflows slowed and transaction fees in the network plunged. Summary Ethereum price has formed several bearish patterns on the daily chart. The network fees have slumped by 57% in the last 30 days. The ETH ETF inflows have also slumped in the past two months. Ethereum (ETH) was trading at $2,945, down by 40% from its highest point this year. It has also formed a risky pattern, pointing to more downside in the near term.  SoSoValue data shows that demand for Ethereum ETFs has largely waned in…