Ethereum Watch

Advertisements The formation of a bullish trading pattern suggests that the ETH/BTC pair could be on the verge of a trend reversal. Ethereum’s native token, Ether (ETH), looks poised to log a major price rally versus its top rival, Bitcoin (BTC), in the days leading toward early 2023. Ether has a 61% chance of breaking […]

Advertisements ETH price rose to its highest level since September, but data shows whales lack an appetite for leverage longs. A $250 surprise rally took place between Oct. 25 and Oct. 26, pushing the price of Ether (ETH) from $1,345 to $1,595. The movement caused $570 million in liquidations in Ether’s bearish bets at derivatives […]

As October nears its end, Ethereum [ETH] has been able to sustain its price dominance over Bitcoin [BTC] with signs to even command better. An overview of the last thirty days showed that ETH increased 21.52% while trading at $1,628 at press time. According to CoinMarketCap, BTC’s rise within the same period was a minimal […]

Advertisements The previous days’ trips above the $21,000 mark could be Bitcoin’s last for the time being, fresh analysis concludes. Bitcoin (BTC) continued consolidating into the Oct. 30 weekly close as concerns over a deeper retracement became vocal. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader avoids new longs below $21,000 Data from Cointelegraph Markets […]

Crypto prices seemed to not be the only ones surging after Ethereum Name Service [ENS] spiked per development activity recently. Without a doubt, the open-source naming system needed to recover after months of consolidation and an increase in the development activity did justice to the plea.  Advertisements Backing the resurgence, the ENS price also followed […]

Ethereum price has rallied yet again in the last 24 hours. ETH has demonstrated an 8% jump over the past day. Advertisements This has made the altcoin break past a few trading levels and now flipped them into support lines. The altcoin was quite bullish at the time of writing. In just one week, the […]

Advertisements Passive income opportunities allow ETH investors and traders to offset losses during periods of market volatility. The cryptocurrency market is incredibly volatile, which can be both good and bad for investors and traders. Volatility creates opportunities for making profits, but it can also lead to losses. Passive income strategies, however, could be handy in […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements Ethereum’s recent reversal from its resistance highlighted ease in buying pressure. The altcoin noted a substantial decrease in its daily active users over the last day. Ethereum [ETH] witnessed double-digit gains over the last week […]

Advertisements Retail traders are repeating past mistakes over and over, analysis concludes as the bulls smoke late BTC and ETH shorters. Bitcoin (BTC) attempted to retake $21,000 on Oct. 29 as weekend trading began on a strong footing. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar lurks as BTC price rebounds Data from Cointelegraph Markets […]

Advertisements Before the Merge upgrade, in 2022, the energy consumption of Ethereum ranged between 46.31 terawatt hour (TWh) per year to 93.98 TWh per year. The Merge, which is considered one of the most significant blockchain upgrades on Ethereum to date, brought down the network’s energy consumption by 99.9% immediately. On Sept. 15, the Ethereum blockchain […]