Ethereum Watch

Ethereum price is facing many hurdles below the $1,700 resistance against the US Dollar. ETH could extend its decline below the $1,580 and $1,550 levels. Advertisements Ethereum is still struggling to recover above the $1,700 and $1,720 levels. The price is trading below $1,680 and the 100-hourly Simple Moving Average. There is a major bearish […]

Advertisements Ethereum’s number of wallets in loss reached a seven-month high  Metrics and market indicators suggested that ETH’s price might decline further Over the last few months, Ethereum [ETH] witnessed a decline in its network activity. This was the case as the blockchain’s monthly average active addresses dropped. The monthly average of active ETH addresses […]

Ethereum price is struggling to recover above the $1,700 resistance against the US Dollar. ETH could start a fresh decline if it stays below $1,700 and $1,720. Advertisements Ethereum is struggling to recover above the $1,700 and $1,720 levels. The price is trading below $1,700 and the 100-hourly Simple Moving Average. There is a key […]

Advertisements A proposal for the launch of Aave’s V3 iteration on Base has been approved by community members. AAVE sees increased distribution, putting downward pressure on its price. Aave’s [AAVE] governance forum has approved a proposal to deploy the lending protocol’s V3 iteration on the new Layer 2 (L2) scaling network Base. How much are 1,10,100 […]

Advertisements On-chain data shows that Ethereum co-founder Vitalik Buterin moved 600 ETH to U.S. exchange Coinbase amid ongoing market woes. Blockchain sleuths have flagged the transfer of $1 million of Ether (ETH) belonging to a wallet controlled by Ethereum co-founder Vitalik Buterin as cryptocurrency markets remain depressed after widespread weekend losses. #PeckShieldAlert vitalik.eth has transferred 600 […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements Last week, it was discovered that the former U.S. President and 2024 White House contender Donald Trump held up to $500,000 in an Ethereum [ETH] wallet, as per an April filing with the U.S. […]

While the broader cryptocurrency market recently took a nosedive, some mysterious Ethereum whale successfully escaped with $41 million worth of ETH. Days later, the price of ETH went down, along with BTC and other cryptocurrencies. Did this whale know something the rest of the market didn’t? Advertisements Ethereum Whale Sells $41 Million Before Market Crash […]

Advertisements Increased L2 adoption has led to a jump in transaction count across Ethereum Mainnet and major optimistic rollups. Due to the launch of friend.tech, Base outperformed Optimism and Arbitrum last week. The transaction numbers between Ethereum [ETH] Mainnet and major optimistic rollups recently hit their second-highest value ever, IntoTheBlock noted in an 18 August […]

According to Bloomberg, in a key development for the cryptocurrency industry, the US Securities and Exchange Commission (SEC) is reportedly set to allow the launch of exchange-traded funds (ETFs) based on Ethereum (ETH) futures. Advertisements This move marks a significant win for numerous firms that have long sought to introduce such products. While the SEC […]

Advertisements The SEC may approve the several Ethereum ETF applications it has received. ETH’s price jumped as the news broke. According to a Bloomberg report, Ethereum [ETH] futures Exchange-Traded Fund (ETF) may be approved by the U.S. SEC sooner than expected. The report, which came out on 17 August, noted that the regulatory is unlikely […]