Ethereum Watch

Despite APE’s recent setback and a massive price correction, dominant buyers continue to show faith in the token. What’s going on here? Advertisements ApeCoin crashed from $24.86 to $16.73 following Saturday’s Otherside sale. One of the reasons could be the congestion caused on the Ethereum blockchain through the minting of Otherdeed NFTs. This resulted in […]

Ethereum started a decent increase above the $2,920 resistance against the US Dollar. ETH must clear $2,980 and $3,000 to continue higher in the near term. Advertisements Ethereum started a steady recovery wave above the $2,900 resistance. The price is now trading above $2,900 and the 100 hourly simple moving average. There is a major […]

Advertisements Quick take: Starbucks plans to build its own NFT collection, building a community on an environmentally sustainable Web3 platform The company will start by launching its first NFT collection based on coffee art and storytelling later this year Starbucks is potentially looking for a new CEO who understands the potential of NFTs and Web3 […]

Advertisements Macro headwinds continue to hamper Ethereum’s long-term upside prospects. Ethereum’s native token Ether (ETH) is poised for a mini bull run above $3,000 primarily due to a classic bullish reversal pattern on its shorter-timeframe chart, and a huge spike in ETH outflows from Coinbase. ETH price forming falling wedge ETH’s price has been forming […]

The launch of NFT virtual land deeds for Yuga Labs’ Otherside, based on the Bored Ape Yacht Club- remained the largest NFT drop to date. It yielded over $900 million in total sales volume as a roaring crowd of people showed interest. Advertisements Likewise, the frenzied attempt by approved buyers to snap up the valuable […]

Ethereum broke the $2,820 support to enter a bearish zone against the US Dollar. ETH remains at a risk of more downsides below the $2,740 level. Advertisements Ethereum started a fresh decline after it failed to clear the $2,880 zone. The price is now trading below $2,820 and the 100 hourly simple moving average. There […]

Advertisements ENS price gained 90%+ after the protocol surpassed 1 million registered domain names in April. A handful of industries and tech workers are shifting from Web2 to Web3 and with this move, awareness of blockchain technology is also spreading. The Ethereum Name Service (ENS) is one project that is looking to help facilitate Web3 […]

Advertisements Summary: Ethereum could end 2022 at $5,783 and hit $11,764 by 2025 and $23,372 by 2030 The price predictions are by Finder.com’s panel of analysts Ethereum’s increment in price is hinged on a successful upgrade to Proof-of-stake and fighting off other networks in the DeFi space The number two digital asset of Ethereum (ETH) […]

Advertisements The second-largest blockchain has developed a massive ecosystem around it. However, its scalability issues have made room for “ETH killers” to enter the ring. Ethereum has proven to be a formidable force. While its major issues have spawned other coins aimed at addressing them, Ethereum looks to shed its old skin with the release […]

Sales of Ethereum Name Service (ENS) domains have skyrocketed. At current market prices, the base price for a four-digit ENS domain name is around 0.5 ETH, which is over $1,450. Ethereum users rushed to purchase scarce three- and four-digit names. Furthermore, the number of eth. name registrations saw a spike post 21 April. Advertisements April […]