Ethereum Watch

Advertisements Polygon developers are set to launch tools to enable the creation of Ethereum-compatible standalone chains and layer-two protocols. Polygon has announced the launch of its SDK stack that will allow developers to easily deploy their own Ethereum-connected blockchains. SDKs, or software development kits, are single installation packages containing tools necessary for seamless app creation. […]

Advertisements Ethereum outflows from crypto exchanges have resumed to levels seen before last Wednesday’s crash 403k ETH worth $1.132 billion has left crypto exchanges in the last 24 hours 1.2 million ETH worth $3.376 Billion has left crypto exchanges in the last month Accumulation of ETH continues and could lead to a price increment towards […]

Advertisements Bitcoin has surged past $40,000 and the cryptocurrency market is rapidly recovering. The price of Bitcoin (BTC) has surpassed $40,000 on May 26, breaking above a key sell area for the first time in five days. Traders expect a broader rally to come and a bullish market structure to form if Bitcoin continues to […]

Advertisements The number of Ethereum addresses holding 100+ ETH drops to a 3 year low Such a drop is indicative of some ETH investors taking profits However, the premium on Grayscale’s Ethereum Trust has turned positive hinting of institutional interest Ethereum is back above $2k and could eventually return to levels above $3k The number […]

Advertisements One has introduced smart contracts and is the fabric of decentralized finance, the other is… a meme. In just over five years since it launched, Ethereum introduced the world to smart contracts, decentralized finance, yield farming and non-fungible tokens, and has long stood just behind Bitcoin as the second-largest blockchain project by market capitalization. Dogecoin (DOGE) […]

Ethereum extended its upward move above the $2,550 resistance zone against the US Dollar. ETH price settled above the 100 hourly SMA and it might continue to rise. Advertisements Ethereum extended its recovery wave above the $2,550 and $2,600 levels. The price is now trading above the $2,500 support and the 100 hourly simple moving […]

Ethereum extended its decline and traded close to the $1,700 zone against the US Dollar. ETH price is recovering, but it is facing a strong resistance near $2,200. Advertisements Ethereum extended its decline below the $2,000 and $1,800 support levels. The price is well below the $2,500 level and the 100 hourly simple moving average. […]

Advertisements Ethereum reserves on crypto exchanges have increased by 5.1% since May 18th Such an inflow of Ethereum hints of selling by investors Ethereum has turned bearish in the short-term Ethereum has lost the $2k support and regaining it will be crucial in returning into bullish territory Ethereum still has the 200-day MA acting as […]

Advertisements Ethereum whale transactions above $100k have reached levels last seen in January 2018 Ethereum has lost above 50% of its gains since setting an all-time high mid this month The increment of whale transactions coupled with the rapid sell-off is indicative of a potential top for Ethereum Ethereum’s correlation to Bitcoin has started to […]

Advertisements Ethereum could reclaim $3.2k to $3.5k in the short term This price target is reliant on Ethereum breaking the $3k ceiling Ethereum’s 50-day moving average is also acting as a resistance at the $3k price area The London Upgrade in July could assist Ethereum in rallying back to $4k Ethereum (ETH) could reclaim the […]