Ethereum Price Analysis: ETH Price Back To $1700 Mark, Another Fallout?

Since last month the Ethereum(ETH) price has continued to fall under the dynamic resistance of the descending trendline. However, the buyers defending the $1700 support have caused a narrow consolidation in price.

Timeline of Ethereum

In the last 24 hours, Lido Staked Ethereum (stETH), a currency that represents staked Ethereum on defi platform Lido, has depegged dramatically. At $1,646, stETH is down roughly 5% in the last 24 hours. It's expected to exchange 1:1 with Ethereum, which is presently trading at $1,771.43. On Lido, the token can be exchanged into …

A hacker has returned 1 million OP tokens to Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin. Some 18 million more tokens are expected to be returned once certain conditions are met.

Ethereum (ETH) is in a downward correction and fluctuating in a tight range below the moving averages. On May 30, bulls tried to break out above the 21-day line SMA but were rejected. The largest altcoin has declined and is forced to trade between $1,703 and $1,875.

After the launch of Phase 0 ETH 2.0 Beacon Chain in December 2020, the community is eagerly waiting for the merger. The event was deferred multiple times before. However, the mainnet merge, despite having fewer possibilities of major flaws and outrage, could still face some turbulence.  The testnet merge results included 14% of validators having …

Lido Staked Ethereum (stETH), a token that represents staked Ethereum on defi platform Lido, has depegged sharply in the past 24 hours. stETH is down nearly 4% in the past 24 hours at $1,695.28.

Analytics firm Santiment says the world's most affluent crypto investors remain bullish on Ethereum (ETH) despite the downturn in the market. According to Santiment, the top 10 non-exchange wallets maintain a high ratio of Ethereum in their portfolio and now hold 3.4 times more ETH than exchanges. The firm says this suggests the largest whales The post Top Crypto Whales Keep a Firm Grip on Ethereum (ETH) While Accumulating One Top-25 Altcoin: Analytics Firm appeared first on The Daily Hodl.

Ethereum supporters can start to countdown as the merge is so damn close! Ethereum developers' team announced on this week that Ethereum's Merge has successfully taken place on Ropsten Testnet.

Ethereum is making the headlines this week as the highly anticipated Merge is deployed on Ropsten for final testing phases. The post How the Ethereum Security Model Will Make It a Unique Asset appeared first on BeInCrypto.

Blockchain transaction data shows that the Optimism (CRYPTO: OP) hacker sent a million OP tokens to the wallet of Ethereum (CRYPTO: ETH) creator Vitalik Buterin. What Happened: An alert from blockchain security firm PeckShield revealed that a million OP tokens, worth around $874,000 at the time, was sent to Buterin's Ethereum wallet address.

Ethereum (ETH) has dropped mercilessly in the last two weeks, trading below the $1800 mark. However, due to a successful Merge on the Ropsten testnet, favourable on-chain statistics, increased whale holdings, and other positive variables, prices may be able to stabilize at current levels. On June 8, the Ethereum team successfully completed the Merge on …