Ethereum Watch

Advertisements Traders identify key support and resistance levels that Ethereum must hold as ETH price trades at levels not seen since July 2021. The crypto market experienced another day of pain on May 12 as the fallout from the Terra’s LUNA and UST failure continues to ripple across the ecosystem. While the coverage for UST […]

Advertisements ETH options pricing and the top traders’ long-to-short ratio signal a lack of confidence in the $1,700 support. Ether (ETH) is down 38% in three weeks and the current $2,000 level is 59% below the $4,870 all-time high that was reached in November 2021. Additional newsflow that added to the current marketwide volatility were […]

Ethereum has dropped to its lowest point since July 2021 in the aftermath of the latest crypto crash. Standing at $1750 at press time, Ethereum has plunged severely recently suffering a near 25% dip in last 24 hours. Experts regard the LFG sell-off as the major factor for this debacle. Advertisements The latest drawdown in […]

Advertisements Summary: Aurora has launched a token fund worth $90 million geared towards financing DeFi-based applications on the Near Protocol The fund also is geared toward attracting developers to Aurora and the Near Protocol Aurora is an Ethereum Virtual Machine created by the team at NEAR Protocol Aurora has launched a $90 million token fund […]

Key Takeaways Daily trading volume on DeFi exchange Curve Finance has hit a new all-time high of $6.8 billion. Fears over USDT losing its dollar peg and the sharp decline in Bitcoin and Ethereum prices has fueled trading on Curve. Centralized exchanges such as Kraken and Bitfinex have also seen more than 100% increases in […]

Advertisements Tether announced that $1 billion USDT will be transferred to Ethereum while another $20 million USDT will go to Avalanche. The company also noted that it’s “business as usual” amid the current market panic. Following recent developments in the sphere of stablecoins, Tether (USDT) has announced that it’s coordinating a chain swap to transfer […]

Advertisements Sentiment analysis run across a year’s worth of tweets has found that Ethereum is Twitter’s least favorite cryptocurrency of five studied, while Dogecoin received the most affection. Ethereum has taken out the top spot on Twitter as the most hated of five cryptocurrencies studied, while the meme-token Dogecoin is the most liked. The findings […]

Ethereum gained bearish momentum below $2,000 against the US Dollar. ETH even traded below $2,000 and remains at a risk of more losses. Advertisements Ethereum started a fresh decline below $2,100 and $2,000. The price is now trading below $2,100 and the 100 hourly simple moving average. There was a break below a key bullish […]