Ethereum Watch

ETHEREUM and ICO TOKENS

Month: August 2022

Ethereum futures backwardation hints at 30% ‘airdrop rally’ ahead of the Merge

cryptocurrency August 1, 2022

Advertisements Backwardation reflects a market condition wherein spot prices trade higher than future prices. Ether (ETH) bulls like a positive spread between its spot and ETH futures prices because the so-called contango reflects optimism about a higher rate in the future. But as of Aug. 1, the Ethereum futures curve slid in the opposite direction. Ethereum […]

Ethereum [ETH] and the question of whether we can expect March all over again

cryptocurrency August 1, 2022

If you zoom out ETH’s chart, you will notice that its performance in July has similarities with its performance in March. Could this performance offer some insights into how ETH will perform in August? Advertisements ETH’s latest rally kicked off in mid-July and managed to push the crypto up by as much as 74%. More […]

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