Ethereum Watch

Ethereum started a recovery wave above the $1,200 level against the US Dollar. ETH must clear $1,320 and the 100 hourly SMA to start a sustained upward move. Advertisements Ethereum started a recovery wave above the $1,200 and $1,220 levels. The price is now trading below $1,300 and the 100 hourly simple moving average. There […]

Advertisements NFTs from Layer 2 were not previously recognizable to apps like Twitter. Optimism developers jvmi and Kelvin Fichter released a new app called Magic Mirror on Nov. 9 that allows NFT holders to copy or “mirror” their Optimism NFTs to the Ethereum mainnet. NFT holders can now use their Optimism NFTs in a variety […]

Ethereum sharks and whales ramped up coin accumulation as the market attempted recovery Despite the freefall in the alt’s price, holders remain positive Before Binance confirmed withdrawing its offer to acquire embattled cryptocurrency exchange FTX, Ethereum [ETH] attempted recovery on the charts. During the intraday trading session on 9 November, data from Santiment revealed a […]

Ethereum achieves ‘zero net issuance’ 55 days after the much-anticipated Merge. Deflationary, ultra sound money status is intact. But the ETH price falls by more than 18% – still bleeding.  Advertisements There’s a growing meme that has been circulating now amidst the crypto turmoil that says: “Can crypto make me a millionaire? Yes, if you are […]

Ethereum extended losses below the $1,200 support against the US Dollar. ETH is consolidating and might even test the $1,000 support zone in the near term. Advertisements Ethereum started a major decline below the $1,320 and $1,250 levels. The price is now trading below $1,250 and the 100 hourly simple moving average. There is a […]

A new survey suggested most most addresses plan to hold on to their ETH reserves despite post-Merge FUD Large investors start showing interest in Ethereum as well Network growth and velocity decline  Bonus Insider, an online platform that reviews betting bonuses, revealed a new survey on Ethereum [ETH]. The survey focused on the behavior of Ethereum […]

Advertisements Swedish researcher Eric Wall highlighted StarkNet’s influence on Ethereum’s scalability as he joins the board of the newly formed StarkNet Foundation. Ethereum layer-2 scaling platform StarkWare has officially launched the StarkNet Foundation with the introduction of a diverse board that aims to safeguard Ethereum’s decentralization and censorship resistance. Seven individuals, including key members from […]

Over 380,000 crypto market traders have been liquidated in the past 24 hours, resulting in over $875 million in positions closed. Both Bitcoin and Ethereum experienced double-digit drops. Advertisements The crypto market has taken suffered massive bleeding in the past 24 hours. The global market cap tanked by 6.8% to $950 billion. Over $875 million […]

Ethereum extended losses below the $1,400 support against the US Dollar. ETH is consolidating and might recover if there is a clear move above $1,340 resistance. Advertisements Ethereum started a major decline below the $1,400 and $1,350 levels. The price is now trading below $1,400 and the 100 hourly simple moving average. There is a […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements Ethereum saw a large selling volume and shifted the lower timeframe structure to bearish Technical indicators and futures traders both showed further losses were possible At the time of writing, the previous 24 hours […]