Ethereum Watch

Uniswap may have a solid competitor which has the backing of Lido Finance Although UNI active addresses are around the same zone, development activity is at its peak Uniswap’s [UNI] status as the top Automated Market Maker (AMM) could be at risk after a certain Maverick protocol announced a partnership with Lido Finance [LDO]. Like […]

Ethereum price is moving lower below $1,600 against the US Dollar. ETH must stay above the $1,500 support zone to start a recovery wave. Advertisements Ethereum is eyeing an upside break above the $1,560 and $1,580 resistance levels. The price is trading below $1,560 and the 100 hourly simple moving average. There is a connecting […]

Blur surpassed its overall February market share in only the first seven days of March CryptoPunks traders preferred the platform despite Ethereum NFTs’ volume downturn The Blur NFT marketplace may have launched in October 2022 but its track record since proves that the platform cares less about longevity. Also functioning as an aggregator, the marketplace […]

Ethereum, the Layer 1 blockchain for most of the DeFi protocols available in the market, has seen drops both in metrics and in price since the start of the month. Advertisements According to CoinMarketCap, the price of Ethereum went down by 6% in the weekly timeframe, and trading at $1,554. Nansen.ai, on the other hand, […]

Advertisements Investors are unwilling to add long positions, as the Shanghai fork is expected to unlock a significant amount of ETH over a short period. The price of Ether (ETH) declined 6% between March 2 and 3, followed by tight-range trading near $1,560. Still, analyzing a wider time frame provides no clear trend, as its […]

Investors are funnelling funds into Short-BTC products after fourth consecutive week of outflows With the Shanghai Upgrade coming soon, investors will be cautious with ETH In a new report, digital asset investment firm CoinShares found that ongoing apprehension among investors regarding the uncertain regulatory landscape of crypto-assets led to a fourth consecutive week of outflows […]

Ethereum co-founder Vitalik Buterin caused a stir in the crypto community today, but not with a tweet, but with the sale of several unknown meme coins. Both on-chain data provider Lookonchain and blockchain security company PeckShield have reported the transactions. Advertisements Lookonchain revealed via Twitter on March 7 that Vitalik Buterin is selling off “his […]

On the back of soaring NFT activity, Ethereum tests $1,700. On-chain metrics show the recent ETH price downswing could dip further in March 2023. Advertisements Ethereum (ETH) was lauded after EIP-1559 successfully passed, enabling a mechanism for network transaction gas fees paid to be burned. It marked the start of the disinflationary era for the […]

ETH’s short-term recovery could depend on the USD and interest rates trend. Technical indicators suggest short-term consolidation. The first few days of March have failed to give Ethereum [ETH] holders a much-desired breather. Despite the reality of despair, any hope for respite could depend on one condition, according to Chris Burniske. Advertisements The ex-crypto investment […]

Advertisements Ether’s 78% price recovery since July 2022 is at risk of exhaustion due to an unconvincing volume profile. The price of Ethereum’s native token, Ether (ETH), has recovered 78% since June 2022. But this doesn’t guarantee further upside, particularly with declining trading volumes suggesting that the risk of a major correction is high.  Ether […]