Close Menu
  • Latest News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Meme Coins
  • DeFi
  • Tech
    • Blockchain
    • Security and Privacy
  • Web 3
    • Web3 News
    • Gaming
  • Legal
    • Taxes & Regulation
    • Adoption
  • Analysis
  • Learn
    • Education
    • Wallets and Exchanges
  • Tools
    • Market Overview
    • Converter
What's Hot

Jack Ma-Backed Ant Group Teams Up With Circle to Integrate USDC: Report

July 10, 2025

Ethereum Is Already Outperforming Bitcoin In July, Is Altcoin Season Here?

July 10, 2025

Jack Ma-Backed Ant Group to Integrate Circle’s USDC Stablecoin on Its Blockchain

July 10, 2025
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
Facebook X (Twitter) Instagram
Buy Crypto NewsBuy Crypto News
  • Latest News
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. Meme Coins
    5. View All

    Jack Ma-Backed Ant Group to Integrate Circle’s USDC Stablecoin on Its Blockchain

    July 10, 2025

    Bitcoin Hits New All Time High At $112,000 As Corporations Buy Record Amounts Of BTC

    July 10, 2025

    Is the 2025 Altseason Here? Experts’ Insights 

    July 10, 2025

    Bitcoin Setup Suggests Explosive Rally Incoming, According to Analyst Who Called 2021 Crypto Top

    July 9, 2025

    Ethereum Is Already Outperforming Bitcoin In July, Is Altcoin Season Here?

    July 10, 2025

    Ethereum projections shift bullish: Is $3K in Q3 possible?

    July 10, 2025

    Ethereum Price Soars on $148M Inflows as Bulls Target $2,610 Breakout?

    July 10, 2025

    BTC Sleeps And ETH Moves

    July 9, 2025

    Crypto Hackers Drain $42,000,000 From Decentralized Perps Exchange GMX, Sends Funds to Unknown Wallet: Report

    July 10, 2025

    Decoding Ethereum’s role as ‘a store of value’ – Can ETH hit $3.2K soon?

    July 10, 2025

    Pundit Says XRP’s Rise To $1,000 Will Happen A Lot Sooner Than Anticipated

    July 10, 2025

    Bonk.fun flips Pump.fun – What does this mean for the Solana-based meme’s demand?

    July 9, 2025

    Pepe, BMT, CAKE: Crypto Activity Heats Up

    March 18, 2025

    SHIB Burns Over Half a Billion Tokens, Price Surges Over 7%

    March 17, 2025

    DOGE Sees Massive User Growth: Active Addresses Up 400%

    March 15, 2025

    Shiba Inu (SHIB) Price Analysis: Bullish Hints, Bearish Trend

    March 15, 2025

    Jack Ma-Backed Ant Group Teams Up With Circle to Integrate USDC: Report

    July 10, 2025

    Ethereum Is Already Outperforming Bitcoin In July, Is Altcoin Season Here?

    July 10, 2025

    Jack Ma-Backed Ant Group to Integrate Circle’s USDC Stablecoin on Its Blockchain

    July 10, 2025

    New Zealand to ban crypto ATMs in AML crackdown

    July 10, 2025
  • DeFi

    ETH gains ground in corporate treasuries with GameSquare’s $100M pivot 

    July 10, 2025

    Pump.fun’s PUMP ICO stirs controversy over token allocation

    July 10, 2025

    Crypto.com strikes travel payments deal with Emirates airline

    July 9, 2025

    Pump.fun’s $4B Token Launch Collapses Amid Surging Backlash—Can Bonk Capitalize?

    July 9, 2025

    Amp crypto price prediction as whale buying continues

    July 9, 2025
  • Tech
    1. Blockchain
    2. Security and Privacy
    3. View All

    Jack Ma-Backed Ant Group Teams Up With Circle to Integrate USDC: Report

    July 10, 2025

    Baishi AI Joins Forces with PAI3 to Drive Human Decision-Making in AI Gaming Systems 

    July 10, 2025

    Digital Assets Are Not Going Away, Senator Tim Scott Says

    July 10, 2025

    Spheron x AIxBlock Partnership Aims to Reshape AI Training with Web3 Power

    July 10, 2025

    Scam targets dormant Bitcoin wallets with fake legal notice

    July 9, 2025

    North Korean Hackers Target Crypto Firms with Novel macOS Malware

    July 3, 2025

    Crypto firms paid $2.7M monthly to North Korean workers

    July 3, 2025

    International Taskforce Dismantles €460m Crypto Fraud Network

    July 1, 2025

    Jack Ma-Backed Ant Group Teams Up With Circle to Integrate USDC: Report

    July 10, 2025

    Ethereum Is Already Outperforming Bitcoin In July, Is Altcoin Season Here?

    July 10, 2025

    Jack Ma-Backed Ant Group to Integrate Circle’s USDC Stablecoin on Its Blockchain

    July 10, 2025

    New Zealand to ban crypto ATMs in AML crackdown

    July 10, 2025
  • Web 3
    1. Web3 News
    2. Gaming
    3. View All

    Why AAA Game Studios Will Eventually Embrace NFTs

    July 10, 2025

    Intermap Announces Jack Hild Retires as Director

    July 10, 2025

    Wi‐Fi Analytics Market to Explode to USD 87.8 B by 2030 at 26.8 % CAGR

    July 10, 2025

    Less Hype, More Utility: 5 Ways NFTs Are Rebuilding in 2025

    July 9, 2025

    ChatGPT vs X: Who Sees Crypto Narratives First?

    July 10, 2025

    Floki’s Valhalla Surpasses 100K Veras Minted Within Days of Launch

    July 10, 2025

    Gear Runner Integrates with Meta Arena to Deliver Gamified Real-World Activity and Move to Earn for GameFi Fans

    July 10, 2025

    ‘OpenSeason’ Crypto Game Goes Offline as Devs Pivot to Gambling on Nudity

    July 9, 2025

    Jack Ma-Backed Ant Group Teams Up With Circle to Integrate USDC: Report

    July 10, 2025

    Ethereum Is Already Outperforming Bitcoin In July, Is Altcoin Season Here?

    July 10, 2025

    Jack Ma-Backed Ant Group to Integrate Circle’s USDC Stablecoin on Its Blockchain

    July 10, 2025

    New Zealand to ban crypto ATMs in AML crackdown

    July 10, 2025
  • Legal
    1. Taxes & Regulation
    2. Adoption
    3. View All

    New Zealand to ban crypto ATMs in AML crackdown

    July 10, 2025

    Crypto tax evaders to face fines in the United Kingdom

    July 10, 2025

    Greece recovers part of funds stolen in Bybit hack as its first crypto asset seizure

    July 10, 2025

    Singapore Slams Banks, Crypto as $3B Money Laundering Scandal Ends

    July 10, 2025

    Rex-Osprey spot Solana ETF doubles cumulative inflows to $41M on July 8

    July 10, 2025

    Crypto.com signs major deals in Dubai to enable crypto payments

    July 10, 2025

    Ripple appoints BNY Mellon as custodian for RLUSD reserves as supply tops $500M

    July 9, 2025

    Volkswagen ADMT chooses Solana-based Hivemapper to power Robotaxi test fleet

    July 9, 2025

    Jack Ma-Backed Ant Group Teams Up With Circle to Integrate USDC: Report

    July 10, 2025

    Ethereum Is Already Outperforming Bitcoin In July, Is Altcoin Season Here?

    July 10, 2025

    Jack Ma-Backed Ant Group to Integrate Circle’s USDC Stablecoin on Its Blockchain

    July 10, 2025

    New Zealand to ban crypto ATMs in AML crackdown

    July 10, 2025
  • Analysis

    Ripple Price Prediction For July 10

    July 10, 2025

    Bitget latest CEX to expand into tokenized equity trading via xStocks integration

    July 10, 2025

    Crypto Market Live —Top Tokens Stabilise While Cronos Explodes With Over 2000% Rise in Volume, Followed by Raydium

    July 9, 2025

    JPMorgan Will Become Trillion-Dollar Company Amid Adoption of ‘Most Transformational Technology,’ According to TD Cowen – Here’s When

    July 9, 2025

    Cronos (CRO) Price Explodes After Truth Social Files Crypto Blue-Chip ETF-Can it Secure $0.1 Today?

    July 8, 2025
  • Learn
    1. Education
    2. Wallets and Exchanges
    3. View All

    What Are Internet Capital Markets? Why Companies Are Launching Meme Coins

    June 16, 2025

    What is a Corporate Bitcoin Treasury? The Strategy Behind Companies Holding Crypto

    May 27, 2025

    What Are Tokenized Real-World Assets? Putting Physical Value On-Chain With RWAs

    May 19, 2025

    Users Taunt Grok After xAI Says Modifications Were Made to Spit out ‘White Genocide’ Claim

    May 16, 2025

    GMX suffers $42M hack, issues 10% bounty offer to hacker

    July 10, 2025

    Kraken expands xStocks to BNB Chain enabling global access to tokenized equities

    July 10, 2025

    More than 40 fake wallet extensions on browsers detected as malware threat

    July 3, 2025

    Mastercard joins forces with Bitget Wallet to release zero-fee crypto cards

    July 2, 2025

    Jack Ma-Backed Ant Group Teams Up With Circle to Integrate USDC: Report

    July 10, 2025

    Ethereum Is Already Outperforming Bitcoin In July, Is Altcoin Season Here?

    July 10, 2025

    Jack Ma-Backed Ant Group to Integrate Circle’s USDC Stablecoin on Its Blockchain

    July 10, 2025

    New Zealand to ban crypto ATMs in AML crackdown

    July 10, 2025
  • Tools
    • Market Overview
    • Converter
Buy Crypto NewsBuy Crypto News
Home»Ethereum»Ethereum crosses $7,000 in key metric – Is a breakout coming?
Ethereum

Ethereum crosses $7,000 in key metric – Is a breakout coming?

January 22, 2025No Comments5 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Ethereum, one of the leading cryptocurrencies, is on the verge of a significant breakout as it eyes the $3,495 resistance level within a bullish wedge pattern. The positive metrics surrounding Ethereum, including rising addresses and declining reserves, are strengthening its upward momentum.

Historically, Ethereum has shown a tendency to trade above the 3.2 MVRV Pricing Band during bullish cycles. Currently, this key level is at $7,000, marking a significant milestone for the asset. At the time of writing, Ethereum is trading at $3,397, reflecting a notable 5.76% increase in the past 24 hours. This has put market participants on high alert as Ethereum appears to be gearing up for a potential breakout.

The daily chart of Ethereum indicates its struggle within a descending wedge pattern, typically a precursor to bullish breakouts. The price is inching closer to the critical resistance level of $3,495. A successful break above this level could trigger a rally towards higher targets. The current momentum suggests a growing interest among traders to test this resistance, but a failure to break above it might lead to further consolidation, delaying Ethereum’s recovery.

The taker buy-sell ratio, which offers insights into market sentiment, currently stands at 1.003, indicating a slight preference for selling among takers. However, the 0.96% increase in the ratio suggests that buyers are slowly gaining traction. This metric indicates that while sellers have a slight edge, bullish sentiment may be on the rise, potentially paving the way for Ethereum to breach immediate resistance levels.

Ethereum’s address statistics paint a picture of increased activity on the network. In the last seven days, new addresses surged by 55.07%, while active addresses grew by 9.39%. Additionally, the sharp 52.98% decline in zero-balance addresses signifies that holders are accumulating rather than selling. These developments hint at a rising investor participation that could contribute to sustained upward pressure on Ethereum’s price.

See also  Key Trends in the In-Game Advertising Market with Insights from Eskimi, Bidstack, Adverty, Anzu, Super League, Gameloft, AdInMo, APEX Mobile Media

On the exchange reserve front, Ethereum’s reserves have dropped by 0.17% over the past day, totaling 19.29 million ETH. This decline indicates that traders are moving tokens off exchanges, reducing potential selling pressure. Such a shift aligns with the bullish narrative, as fewer tokens on exchanges typically indicate stronger long-term investor confidence and often precede upward price movements.

In conclusion, Ethereum is showing promising signs with bullish technical patterns, growing network activity, and declining exchange reserves. These factors support an uptrend, but the current rally needs to breach critical resistance levels for sustained growth. While reclaiming higher levels may not happen immediately, Ethereum seems well-positioned for a gradual climb towards that target. The evidence suggests that it may achieve this milestone in the near future. In recent years, there has been a surge in interest in sustainable living and environmental conservation. As people become more aware of the impact of their actions on the planet, they are seeking ways to reduce their carbon footprint and live more sustainably. One of the ways in which individuals can make a positive impact on the environment is by adopting a zero-waste lifestyle.

A zero-waste lifestyle is exactly what it sounds like – living in a way that produces little to no waste. This means reducing, reusing, and recycling as much as possible to minimize the amount of trash that ends up in landfills. While achieving zero waste may seem like a daunting task, there are many small changes that individuals can make to reduce their waste output.

One of the first steps in adopting a zero-waste lifestyle is to become more mindful of the products that we use on a daily basis. This means opting for products that are reusable or compostable, rather than single-use items that end up in the trash after a single use. For example, using a reusable water bottle instead of buying plastic bottles of water, or bringing your own shopping bags to the grocery store instead of using plastic bags.

See also  Ethereum Gained 160% The Last Time This On-Chain Indicator Flashed – Will ETH Soar Again?

Another key aspect of a zero-waste lifestyle is reducing food waste. Food waste is a major contributor to greenhouse gas emissions, as rotting food releases methane into the atmosphere. By meal planning, buying only what you need, and using up leftovers, individuals can significantly reduce their food waste and lessen their impact on the environment.

Composting is another important component of a zero-waste lifestyle. Instead of throwing food scraps in the trash, individuals can compost them to create nutrient-rich soil for their gardens. Composting not only reduces the amount of waste that ends up in landfills, but also helps to reduce the need for chemical fertilizers, which can have harmful effects on the environment.

In addition to making changes in their own lives, individuals can also advocate for policies that promote sustainability and reduce waste on a larger scale. This can include supporting businesses that prioritize sustainability, lobbying for legislation that bans single-use plastics, and participating in community clean-up events.

Overall, adopting a zero-waste lifestyle is an important step towards reducing our impact on the environment and creating a more sustainable future. While it may require some effort and adjustment, the benefits are well worth it. By making small changes in our daily lives, we can all play a role in protecting the planet for future generations.

Breakout Coming crosses Ethereum key Metric
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum Is Already Outperforming Bitcoin In July, Is Altcoin Season Here?

July 10, 2025

Ethereum projections shift bullish: Is $3K in Q3 possible?

July 10, 2025

Ethereum Price Soars on $148M Inflows as Bulls Target $2,610 Breakout?

July 10, 2025

Taiko Collaborates with Nethermind to Bolster Rollup Infrastructure on Ethereum Network

July 10, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

First Mobile Crypto Drainer Found on Google Play

November 28, 2024

Soneium partners with Square Enix’s SYMBIOGENESIS to provide cross-game NFT rewards

May 9, 2025

Eric Trump joins Bitcoin firm Metaplanet’s advisory board, stock surges 17%

March 21, 2025
Price Chart


Explore insights on crypto, blockchain, taxes, and security. Stay informed with expert guides, tips, and the latest trends to navigate the digital asset world confidently


We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Jack Ma-Backed Ant Group Teams Up With Circle to Integrate USDC: Report

July 10, 2025

Ethereum Is Already Outperforming Bitcoin In July, Is Altcoin Season Here?

July 10, 2025

Jack Ma-Backed Ant Group to Integrate Circle’s USDC Stablecoin on Its Blockchain

July 10, 2025
Get Informed

Subscribe to Updates

Get the latest creative news From BuyCryptoNews directly in your Inbox!

  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
© 2025 BuyCryptoNews - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.