Ethereum Watch

Advertisements Summary: Arthur Hayes has penned a new blog post in which he hopes Bitcoin and Ethereum will not drop any further in the crypto markets. Mr. Hayes also admits his $27k to $25k Bitcoin floor and Ethereum’s $1.7k to $1.8k were obliterated by the ongoing sell-off. He also offers insights into several shitcoins worth […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements Over the last five days, Ethereum [ETH] broke into a high volatility phase after its two-week squeeze near the $1,700 level. The ongoing pullbacks have substantially impaired the buying ability in the current […]

Ethereum failed to clear the $1,250 resistance against the US Dollar. ETH is declining and remains at a risk of more downsides below the $1,000 support. Advertisements Ethereum started a fresh decline after it failed to surpass the $1,250 zone. The price is now trading below $1,200 and the 100 hourly simple moving average. There […]

Advertisements Summary: The team at Deribit has confirmed that Three Arrows Capital is a shareholder at the exchange. Deribit also hinted that its accounts possibly linked to Three Arrows Capital are in debt. However, the team at Deribit quelled fears of insolvency by stating that the exchange will remain financially healthy if the above-stated debts […]

Advertisements Ether price is forming a bear pennant pattern whose profit target comes to be near $850. Ethereum’s native token Ether (ETH) slumped on June 16, suggesting that its relief rally coinciding with the Federal Reserve announcing it will hike the benchmark rate by 0.75%, is at risk. Ether bulls trapped? Ether’s price slipped by 9.2% to […]

The global crypto market cap has dropped by $369 billion in the past week. Ethereum [ETH], as it stands, took the biggest hit during the past week among the top 10 cryptocurrencies. But the question is- What conspired against ETH as it plunged to new lows on 15 June? Advertisements Welcome to the carnage For […]

Ethereum extended its decline and tested the $1,000 support against the US Dollar. ETH is recovering, but it must clear $1,280 to start a steady upward move. Advertisements Ethereum dropped towards the $1,000 level before the bulls appeared. The price is now trading below $1,280 and the 100 hourly simple moving average. There was a […]

Advertisements Key takeaways: Uniswap labs have welcomed the former President of the New York Stock Exchange, Stacey Cunningham, as an advisor. Ms. Cunningham served as the NYSE’s first female President between 2018 and 2022. Her appointment as advisor comes at a time when DeFi protocols are under increased scrutiny from regulators. Uniswap is also reportedly […]

Just a week can completely change the entire outcome in the cryptocurrency market. A report posted on 7 June, revealed that digital assets witnessed inflows last week despite the bearish run. This inflow amounted to $100 million bringing the total assets under management (AuM) to $39.8 billion. Advertisements But, the said inflow didn’t stay for […]

Ethereum remains in a bearish zone below $1,200 against the US Dollar. ETH could continue to move down unless it surges past the $1,280 resistance. Advertisements Ethereum remains in a downtrend below the $1,200 and $1,280 levels. The price is now trading below $1,250 and the 100 hourly simple moving average. There is a key […]