Ethereum Watch

Advertisements An assortment of on-chain and derivatives data signal that ETH price is unlikely to rally above $3,500 any time soon. Analyzing Ether’s (ETH) current price chart paints a bearish picture, which is largely justified by the 11% drop over the past month, but other traditional finance assets faced more extreme price corrections in the […]

With Bitcoin clocking in a 4.65% 24-hour gain, at press time, domino effects are seen on multiple cryptos. To start with, Ethereum crossed above its 4-hour 20/50 EMA post its down-channel breakout. However, now it could see some roadblocks near its high liquidity range. Advertisements On the flip side, Fantom and PancakeSwap struggled to overturn […]

Advertisements Optimism Foundation will launch a governance token called OP to govern protocol and network parameters, and incentivize adoption. The Optimism Foundation has unveiled a new governance structure and token as part of its ongoing efforts to bring scalability and cost efficiency to Ethereum (ETH), the world’s largest smart contract platform.  The “Optimism Collective” was […]

Key Takeaways Leading crypto infrastructure and custody solutions provider Fireblocks has announced that it has integrated Terra into its institutional platform. The integration allows institutions, including venture capital and hedge funds, to invest and earn high yields on DeFi protocols like Anchor, Lido, and Astroport on Terra. Fireblocks reportedly saw customers deploying over $500 million […]

Ethereum started a strong recovery from $2,800 against the US Dollar. ETH is back above $3,000 and eyes a major increase above the $3,035 resistance. Advertisements Ethereum started a major recovery wave above $2,900 and $2,950. The price is now trading above $2,950 and the 100 hourly simple moving average. There was a break above […]