Prelude To Altcoin Season: Ethereum Active Addresses Revisit ‘DeFi Summer’ Highs
After Bitcoin, the top-ranked altcoin, Ethereum, and the rest of the altcoin category have yet to set a new all-time high beyond the peak set in late 2017 and early 2018. Early signs that Bitcoin’s bull market was brewing was tipped off by a slow and steady increase in BTC address activity, and now that […]
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Data shows the Ethereum network has recently set a new all-time high (ATH) in the Active Addresses indicator, suggesting elevated user activity. 30-Day MA Of Ethereum Active Addresses Has Reached A New ATH As highlighted by CryptoQuant community analyst Maartunn in an X post, the Ethereum Active Addresses has set a new record in its […]
Quick Facts: 1️⃣ Bitcoin and Ethereum look poised to push the market into altcoin season, with CMC Altcoin Season Index at 29 out of 100. 2️⃣ Either Ethereum or Bitcoin will lead the rebound into altcoin season. 3️⃣ Infrastructure plays ($HYPER) and a trading bot ($SNORT) headline the best altcoins to buy. So is it […]
Chỉ số Altcoin Season Index (ASI) vừa đạt 80, mức cao hiếm thấy, cho thấy phần lớn các altcoin đang vượt trội hơn Bitcoin. Theo Blockchaincenter, một mùa altcoin chính thức đã bắt đầu cách đây chỉ 6 ngày. Trong lịch sử, các đợt altcoin season thường kéo dài ít nhất 17 ngày và đôi […]
Ethereum (ETH) is currently down by 0.75% as its price continues a range-bound movement seen all week. However, in its monthly timeframe, the most prominent altcoin displays a concerning performance with a reported loss of 6.40% according to data from CoinMarketCap. However, popular crypto analyst Ali Martinez has picked up a notable development on the Ethereum network which could spell good fortunes for price action in the coming days. Related Reading: Ethereum Price Retreats: Market Sentiment Slowly Shifts Bearish Ethereum Active Addresses Soar To 3-Month High At 617,170 In an X post on....
Ethereum flips Bitcoin by another metric as active addresses plummet. The number of addresses active on the Bitcoin network has crashed roughly 60% in the past six weeks from 1.3 million to roughly 500,000.The collapse in activity has seen Ethereum overtake Bitcoin by number of active addresses, with the Ethereum network hosting roughly 200,000 more active wallets than Bitcoin on July 27.It is the third time this month, with Ethereum also having overtaken Bitcoin by the metric June 5, 2021, and June 6, 2021. The previous time ETH was in the lead was at the beginning of 2017.Twitter....