Crypto Weekly
Subscribe
No Result
View All Result
Crypto Weekly
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Learn
    • Crypto 101
    • Crypto Wallets
    • Crypo Investing
  • Regulation
  • Advertise with us
  • Subscribe
No Result
View All Result
Crypto Weekly Magazine
No Result
View All Result
  • Home
  • News
  • Learn
  • Regulation
  • Advertise with us
  • Subscribe

Ether clocks ‘insane’ 20% candle post Pectra — a turning point?

cryptoweekly by cryptoweekly
May 9, 2025
in bitcoin, News
0

Ether has surged following the Pectra hard fork, with analysts suggesting a growing number of long positions could signal a turnaround for the asset.

Ether surged 20% in the past 24 hours following the launch of the Pectra upgrade, with some crypto traders suggesting the growing number of ETH long positions could mark a “turning point” for the asset that has faced uncertain sentiment throughout most of 2025.

At the time of publication, Ether (ETH) is trading at $2,230, up 19.6% over the past 24 hours, according to CoinMarketCap data. Pseudonymous crypto trader Daan Crypto Trades said it was a “pretty insane candle.” Over the same 24 hours, Ether Open Interest (OI) spiked 21%. 

The surge followed the long-awaited Pectra Upgrade, which went live on May 7, introducing new wallet features, increased staking limits and scalability improvements to Ethereum.

Read more

Previous Post

Bitcoin accepted at fast food chain Steak ’n Shake from May 16

Next Post

SEC floats conditional relief to boost blockchain use in securities trading

Next Post
SEC floats conditional relief to boost blockchain use in securities trading

SEC floats conditional relief to boost blockchain use in securities trading

Latest News

Bitcoin’s quantum countdown has already begun, Naoris CEO says

by cryptoweekly
July 21, 2025
0

...

Ethereum NFTs dominate 7-day sales rankings as ETH nears $4K

by cryptoweekly
July 21, 2025
0

...

BitGo files for US IPO as crypto custody business surges

by cryptoweekly
July 21, 2025
0

...

Aave proposal to launch centralized lending on Kraken’s Ink moves to next phase

by cryptoweekly
July 21, 2025
0

...

SEC considers Ethereum ERC-3643 token standard in tokenized securities issuance

SEC considers Ethereum ERC-3643 token standard in tokenized securities issuance

by cryptoweekly
July 21, 2025
0

...

Chinese blockchain Conflux to launch offshore yuan-backed stablecoin

by cryptoweekly
July 21, 2025
0

...

Strategy added $740M of Bitcoin as price surged past $122K

by cryptoweekly
July 21, 2025
0

...

COINS Act model law offers blueprint for crypto regulation in India

by cryptoweekly
July 21, 2025
0

...

CoinDCX announces white hat recovery bounty after $44M hack

by cryptoweekly
July 21, 2025
0

...

$3.4B in Ether lost forever due to user errors, Coinbase warns

by cryptoweekly
July 21, 2025
0

...

Got a Story tip? Email Contact@cryptoweeklymag.com

CMC Coin

A marketing-focused coin w/ a unique set of tokenomics & incredible use cases! The official coin of Crypto Weekly Mag!
Learn More

News

Recent Posts
  • Bitcoin’s quantum countdown has already begun, Naoris CEO says
  • Ethereum NFTs dominate 7-day sales rankings as ETH nears $4K
  • BitGo files for US IPO as crypto custody business surges
  • Aave proposal to launch centralized lending on Kraken’s Ink moves to next phase
  • SEC considers Ethereum ERC-3643 token standard in tokenized securities issuance
  • Chinese blockchain Conflux to launch offshore yuan-backed stablecoin
  • Strategy added $740M of Bitcoin as price surged past $122K

Office

Crypto Weekly
71 – 75 Shelton Street
Covent Garden London, UK

Stay Connected

Facebook Twitter Instagram Telegram

© 2022 crypto weekly. All rights reserved

  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Learn
    • Crypto 101
    • Crypto Wallets
    • Crypo Investing
  • Regulation
  • Advertise with us
  • Subscribe
Translate »