Ethereum Watch

The trading session on 8 August was an interesting one for ETH HODLers as the price of the leading altcoin jumped above $1,800 for the first time in two months, data from Santiment revealed. Advertisements In the last 30 days, the ETH network has seen over 546,000 active addresses trading the coin daily. Santiment showed […]

Data shows the Ethereum open interest has surged up to near all-time high values as the ETH 2.0 merge comes closer. Advertisements Ethereum Open Interest Has Sharply Risen Up Recently As per the latest weekly report from Arcane Research, the ETH open interest in futures and perps has surged up to 4.2 million ETH in […]

Advertisements Lower than expected inflation data sparks an instant rally in crypto, while the U.S. dollar pays the price. Bitcoin (BTC) regained $24,000 but failed to hit new multi-month highs on Aug. 10 as United States inflation appeared to be slowing. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView CPI cuts risk assets much-needed slack Data […]

Advertisements Summary: U.S. Inflation numbers were released on Wednesday, triggering a move in the price of crypto assets. Consumer Price Index data stood at 8.5% for July 2022. The numbers fell from the 9.1% level reported in June. It’s also the first time U.S. Inflation numbers have dipped since April 2022. Cryptos like Bitcoin and […]

Advertisements ”We believe that a smooth transition is essential for the long-term health of the DeFi ecosystem and its platforms, including those using our tokens,” Tether stated. Hot on the heels of an official announcement from USD Coin (USDC) issuer Circle Pay, stablecoin giant Tether has now also officially confirmed its support behind Ethereum’s upcoming […]