Ethereum price may have bottomed, but pro traders show little interest in buying ETH

Ether (ETH) price has risen 6.4% from its March 30 $1,768 low but the altcoin has struggled to regain the $2,000 level. Some traders believe that the downturn is partially connected to the deflating memecoin market, which, while not exclusive to the Ethereum network, significantly reduced activity across the decentralized applications (DApps) ecosystem and broader…

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How many US dollars does XRP transfer per day?

XRP (XRP), the native cryptocurrency of the XRP Ledger (XRPL), has been touted by proponents as a high-speed, low-cost solution for cross-border payments. But just how much value flows through the network on a daily basis? Let’s examine. XRP volumes have risen since Trump’s reelection Based on recent data from Glassnode, XRP’s daily transfer volume…

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Ethereum prints 4 consecutive red monthly candles, but data points to an ETH/BTC bottom

Ethereum’s native token, Ether (ETH), registered four consecutive red monthly candles after the altcoin dropped 18.47% in March. The altcoin’s current market structure reflects a sustained bearish trend not seen since the bear market of 2022. With each monthly close taking place below the previous month’s low, analysts are beginning the debate about whether ETH…

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How to track and profit

Key takeaways Smart money consists of institutional investors with advanced tools and knowledge that can influence crypto market trends. Key concepts like order blocks, liquidity zones and fair value gaps can help traders align with smart money strategies. Real-time tracking tools such as Glassnode, Nansen and CoinGecko allow traders to follow smart money’s moves and…

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