Ethereum Watch

Advertisements FTX hacker reportedly swapped around $50M of $Dai to $Ethereum in a state of “panic” according to intelligence firm Arkham. It is rumored that this hack is an inside job, with Kraken CEO Nick Percoco confirming that they know the identity of the attacker. According to security firm Hacken, the hacker has had to […]

The Bitcoin (BTC) and the Ethereum price are trading in descending parallel channels, while the XRP price follows an ascending support line. Advertisements Can ETH Price Break out From Channel? ETH, the native token of the Ethereum network, was created by Vitalik Buterin. The Ethereum blockchain is also home to various other cryptocurrencies. The ETH price […]

Key Takeaways The decentralized futures platform GMX has seen an increase in use following the collapse of FTX. Last week, GMX registered a new all-time daily high trading volume of $1.17 billion. Other decentralized trading platforms, such as the Polygon-based Gains Network, have also increased in popularity. Share this article URL Copied Advertisements GMX trading […]

Buying pressure is building up supported by ETH whales and retail accumulation ETH sell pressure is gradually tapering out and may give way to a strong bullish bounce ETH holders who bought the dip last week may have enjoyed some upside but it has been rather limited. This is because last week’s crash left investors […]

Ripple started a strong increase above the $0.350 resistance against the US Dollar. XRP price is now attempting a key upside break above the $0.380 resistance. Advertisements Ripple started a fresh increase from the key $0.320 support zone against the US dollar. The price is now trading below $0.400 and the 100 simple moving average […]

More than a million ETH has left centralized exchanges over the past week. The Ethereum exodus comes in the wake of the FTX collapse as holders grow wary of centralized exchanges. Advertisements According to Glassnode, 1.1 million ETH has been withdrawn from centralized exchanges over the past week. It is the largest 30-day Ethereum balance […]