Volatile trend in Ethereum millionaire addresses highlights market dynamics in 2024
Recent market trends affect number of Ethereum addresses with balances over $1 million.
News Desk 2 min read Ethereum Insights
Stay updated with CryptoSlate’s Ethereum insights, featuring news, analysis, price trends, and expert perspectives on the world’s leading smart contract platform.
CryptoSlate Insights has been discontinued. Visit News for the latest crypto news and market coverage.
News Desk 2 min read Latest insights
Highlight
Will Ethereum NFTs Make a Comeback?
Blur and OpenSea drive Ethereum gas consumption peaks since 2024
Bitcoin
Bitcoin suffers 14% decline in Q2, marks first negative quarter since Q3 2023
Ethereum shows resilience, ETH/BTC ratio up 5% year-to-date.
Bitcoin
Market eyes max pain prices as $6.6 billion BTC and $3.4 billion ETH options expiry nears
Bitcoin and Ethereum options expiration for June may dictate market trends: $6.6 billion BTC and $3.4 billion ETH on the line.
Highlight
Long-term Ethereum holders reach new high
Regulatory and market dynamics suggest a robust belief in Ethereum's long-term potential.
Alpha
Bitcoin dominance exceeds 56% as ETH/BTC ratio heads lower
Bitcoin’s rising dominance highlights Ethereum’s underperformance across cycles.
Highlight
Rising Ethereum futures open interest highlights impact of SEC’s ETF approval
On-chain data reveals surge in Ethereum futures open interest post-ETF approval.
Ethereum
Ethereum futures funding rate volatility mirrors significant price movements
Funding rate anomalies highlight localized trading imbalances in Ethereum markets.
Ethereum
Ethereum on track for best month since February with 30% rise in May
June poised to test Ethereum's historical performance trends.
Bitcoin
Bitcoin options expiry indicates bullish sentiment, Ethereum shows mixed outlook
Bitcoin options reflect bullish sentiment with $4.7 billion notional value ahead of May 31 expiry.
Alpha
Ethereum HODLing milestone: over 80% unmoved for six months or more
Ethereum's long-term holding pattern mirrors Bitcoin's store of value trend.
Ethereum
Bitcoin, Ethereum ETFs stand alone as SEC unlikely to approve non-CME futures listed digital assets
Ethereum ETF approval by SEC highlights high futures-spot correlation.
Bitcoin
Bitcoin drops as S&P US composite PMI Flash surges, Ethereum remains resilient
Bitcoin drops below $68,000 as US PMI exceeds expectations.