Ethereum Watch

Ethereum started a fresh increase from the $2,550 support zone against the US Dollar. ETH price is rising, and it is likely to accelerate higher if it breaks $2,880. Advertisements Ethereum is showing positive signs above the $2,750 resistance zone. The price is well above the $2,700 support and the 100 hourly simple moving average. […]

Advertisements Crowd sentiment towards Ethereum is still negative Negative sentiment usually precedes a price increment by Ethereum $2,800 is still the level to break for Ethereum to return to bullishness Historically, Ethereum’s gains during the second half of any year, have been lower than the first half Ethereum has a 50:50 chance at ending the […]

Advertisements Ethereum balances on crypto exchanges have hit a 2-year low of 12.447 million ETH Ethereum outflows from crypto exchanges have exceeded 1 million ETH in the last 30 days The outflow of ETH from exchanges continues despite the slowdown in the price of Ethereum ETH is still having a hard time breaking the $2,800 […]

Advertisements The total value locked on Polygon (MATIC) grew by 1,102% in the month of May Address activity on Polygon also grew by 4x in the same time period Polygon’s growth has been fueled by DeFi apps migrating from Ethereum and new projects Polygon (MATIC) has experienced remarkable ecosystem growth during the just concluded month […]

Advertisements Data shows traders are buying $400 protective puts while also holding $7,000 call options, a signal that traders either have mixed emotions or are just cashing in on the upfront premium. After reviewing Ether (ETH) options for June 25, one might think that traders either became overly optimistic or ultra-bearish. Currently, there are large […]

Advertisements Ethereum could be on track to surpass Bitcoin in terms of market cap Ethereum’s market cap is currently half of Bitcoin’s Ethereum will thrive due to continual use-case such as DeFi  Ethereum should consolidate for a while between $2k and $4k The team at Bloomberg has released their monthly Crypto Outlook Report in which […]

Key Takeaways Crypto prices plummeted Thursday after Elon Musk posted a tweet suggesting he’d broken up with Bitcoin. Bitcoin, Ethereum, and various DeFi tokens are in the red. The crash liquidated $600 million worth of futures positions in the crypto derivates market. Share this article The cryptocurrency market slumped Friday morning after Elon Musk called […]

Ethereum extended its rise and traded close to $2,900 against the US Dollar. ETH price is correcting gains and it is likely to remain strong above the 100 hourly SMA Advertisements Ethereum failed to clear the $2,900 level and it corrected lower from $2,885. The price is still holding the $2,700 support and the 100 […]

Advertisements Institutional investors can get USD on credit without liquidating their ETH. Crypto custody bank Anchorage Digital is expanding its services into crypto-backed loans for institutional investors. Clients at Anchorage can now access a line of USD credit backed by Ethereum through its partnership with U.S. commercial bank BankProv. Advertisements Anchorage Financing will introduce a […]

Advertisements Ether price has outperformed Bitcoin by 32% since May, but derivatives data shows pro traders are feeling less bullish about the top altcoin. Ether (ETH) has outperformed Bitcoin (BTC) by 32% since May, and even though there has been a steady flow of bullish reports from JPMorgan Chase and Goldman Sachs, derivatives metrics show […]