Ethereum Watch

Advertisements Investors at large were accumulating ETH while its price remained low. Though confidence was high, market indicators remained bearish on ETH.  As we bid adieu to 2023, Ethereum [ETH], the king of altcoins, made remarkable moves in a bid to outshine the king of cryptos, Bitcoin [BTC]. A recent development signified increased confidence among […]

Advertisements The last five days have seen a dip in Coinbase’s Ethereum exchange reserve. According to a CryptoQuant analyst, this is typically followed by a rise in the coin’s price.  The last five days have seen a decline in Coinbase’s Ethereum [ETH] exchange reserve, pseudonymous CryptoQuant analyst Crypto Sunmoon stated in a new report.  This […]

Advertisements Ethereum founder Vitalik Buterin talked about the blockchain’s future in his recent blog. Usage of network remained high, however, its price saw a correction. Even though multiple altcoins have followed suit after Bitcoin’s [BTC] rally, Ethereum’s [ETH] price has not seen much growth in the recent past. Despite this developments have ensued on the network with […]

The recovery of the overall crypto market this year has spurred a surge in the digital-asset derivatives market as institutional investors seek exposure to the crypto space.  Advertisements According to a recent Bloomberg report, the deadline for US regulators to approve or reject Bitcoin (BTC) exchange-traded funds (ETFs) has prompted traditional investors to turn to crypto […]

Advertisements BTC’s and ETH’s price action this year was one of the best of the century. BTC displayed weakness, suggesting a decline below $43,000 while ETH may move toward $2,500. Bitcoin’s [BTC] and Ethereum’s [ETH] performances in 2023 would go down as one of the best-ever in the century, a post by Santiment disclosed. At […]

In a strategic move that has effectively caught the attention of the crypto space, Microstrategy has once more fortified its Bitcoin portfolio, strengthening its position as the largest corporate holder of BTC globally.  Advertisements MicroStrategy Boost BTC Holdings In a recent filing on December 27, the United States Securities and Exchange Commission (SEC) announced that […]

Advertisements Use of Layer 2 solutions has risen in 2023. Leading platforms Optimism and Arbitrum closed the year with high network fees and revenue. Ethereum’s [ETH] network has grappled with scalability limitations for years. High transaction fees and network congestion have often prevented innovation and widespread adoption. For example, by May 2022, the average transaction […]

Ethereum (ETH) network activity increased has been sharply increasing. But will this also have a positive effect on the ETH price? Advertisements The Ethereum price is on the verge of a bullish breakout, with chances of a bullish trend reversal. To do this, ETH must pass the important Fibonacci resistance between $2,400 and $2,600. The Overwhelming Majority of Ethereum […]

Advertisements Of all DeFi protocols, MakerDAO has seen the most revenue in 2023. This comes after it witnessed a significant TVL decline, and its DAI stablecoin briefly lost its peg. MakerDao [MKR] has emerged as the decentralized finance (DeFi) protocol with the most revenue in 2023, data from DefiLlama has shown. Source: DefiLlama This remarkable […]

The past few weeks have been a rollercoaster ride for Ethereum. Buoyed by a waning Bitcoin dominance and an influx of traders seeking greener pastures, Ethereum’s price surged towards critical resistance levels near $2,500. Advertisements Yet, a palpable anxiety lingers in the air, fueled by questions about Ethereum’s long-term scalability and the increasing chorus of […]