Ethereum Watch

Despite the carnage and chaos all across the crypto market due to recent US SEC-related enforcement actions, Ethereum has just given a bullish buy signal. Advertisements On weekly timeframes, ETHUSD has formed a golden cross, but will it be enough to give the asset class a glimmer of hope amidst such darkness? Let’s take a […]

Advertisements The securitized tokens are governed by Hong Kong and Swiss law. On June 12, Bank of China’s investment bank subsidiary BOCI announced the issuance of 200 million Chinese yuan ($28 million) worth of digital structured notes minted on the Ethereum blockchain. The move makes BOCI the first Chinese financial institution to issue a tokenized […]

Advertisements Summary: Data from Blockchain Intelligence startup Nansen shows a steady increase in the number of staked ETH. So far, users and entities have locked over 22 million coins which amount to about 18% of the token’s supply. At the same time, balances in crypto exchanges are declining and now sit below 30 million tokens. […]

Advertisements The move is Tether’s second $1 billion mint in two months, bringing the total USDT minted by the stablecoin issuer in 2023 to over $16 billion. Tether minted a fresh batch of $1 billion worth of its Tether (USDT) stablecoin on the Ethereum blockchain on June 12. The latest billion-dollar mint for the stablecoin issuer comes […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The first quarter of the new year brought a stop to the heartbreak investors repeatedly experienced in 2022. However, the balance of the crypto-market has been nothing close to the AI hype of […]

Advertisements A further drop in ETH’s price could send the DeFi market into another round of liquidation. The DeFi TVL across all chains submerged. Ethereum [ETH] and assets linked to the Decentralized Finance (DeFi) sector are experiencing a wave of uncertainty in the market. Although ETH’s dominance in the smart contract space has been unwavering, […]

Vitalik Buterin, co-founder of Ethereum, and Sandeep Nailwal, co-founder of Polygon, have pledged $100 million to help accelerate COVID-19 research and relief efforts in India.  Advertisements With COVID-19 variants continuing to emerge and spread, and with a very high number of people experiencing long-term symptoms speeding up, research efforts are critical. How The Donation Will […]

Advertisements The ETH supply on exchanges dropped to its record low at the time of publication. Supply held by top non-exchange addresses has shot up. Ethereum [ETH] whales have increased their appetite despite the prevailing uncertainty in the market. One of these whale wallets, withdrew nearly 39,300 ETH in a series of transactions over the […]

Advertisements BTC and ETH price action will continue to be affected by macro events, QCP Capital says, with next week looking “action packed” for crypto volatility. Bitcoin (BTC) and Ether (ETH) are due volatility — but not thanks to “toothless” United States regulators, new analysis says. In its latest market update on June 9, trading […]

Advertisements Bitcoin and Ethereum defy negative market sentiment, witnessing a trading volume surge to month-high levels. Traders maintain a positive outlook on BTC and ETH as flows remain negative. Bitcoin and Ethereum, along with the entire cryptocurrency market, responded to the recent move by the Security and Exchange Commission (SEC). Nevertheless, there has been a notable […]