Ethereum Watch

Advertisements The average cost of settling transactions over the week was just $1.13. ETH holdings continued to leave exchanges for self-custody. Once notorious for charging high fees for processing transactions, the Ethereum [ETH] blockchain became unexpectedly cheap to use in recent days. Is your portfolio green? Check out the ETH Profit Calculator Ethereum becomes super affordable […]

Advertisements Ethereum co-founder Vitalik Buterin previously admitted that centralization is one of Ethereum’s main challenges, which could take 20 years to solve. The rise of Ethereum staking since major network upgrades, Merge and Shanghai, has come at the cost of higher centralization and lower staking yields, a new report by JPMorgan said. JPMorgan’s analysts led […]

Ethereum price is slowly moving lower toward the $1,585 support against the US dollar. ETH must clear the $1,650 resistance to start a recovery wave. Advertisements Ethereum is struggling to stay above the $1,600 support zone. The price is trading below $1,650 and the 100-hourly Simple Moving Average. There is a major bearish trend line […]

Advertisements Ethereum and Polygon-based NFTs on OpenSea recorded their lowest sales volume this year in September. Blur continued to outpace OpenSea in terms of monthly sales volume.  The monthly sales volume of Ethereum [ETH] and Polygon [MATIC]-based non-fungible tokens (NFTs) on leading marketplace OpenSea closed September at its lowest level so far this year, data […]

In a recent post, investor Chris Burniske expressed the belief that a bottom is looming for the top cryptocurrencies. Burniske predicts that Bitcoin and Ethereum could dip as low as $20,000 and $1,000, respectively, with top altcoins, except Solana (SOL), hitting new lows. Advertisements Notably, BTC retraced from $28,000 to slightly above $27,600, with ETH […]

The gaze of the crypto community has been fixed on the performance of the much-anticipated Ethereum future exchange-traded funds (ETF) that were launched this week. Advertisements However, analysts have provided explanations for why the initial week did not meet expectations in terms of price and value. Lack of Significant Attraction for Ethereum Futures ETFs The […]

Advertisements “The gravitational pull in crypto for the time being stays in BTC,” said K33 senior analyst Vetle Lunde. The relatively lackluster performance of nine new Ethereum futures exchange traded funds (ETFs) has prompted analysts at K33 Research to urge a “rotate back” into Bitcoin (BTC).  In an Oct. 3 market report, analysts Anders Helseth […]

Advertisements Ethereum’s price surged in the last 24 hours. Short sellers faced losses due to liquidations, while Ethereum’s Open Interest reached a one-month high. Ethereum[ETH]’s price displayed a remarkable surge within the last 24 hours. During this period, the price of ETH surged by 2.83%. Zooming out to a one-week timeframe, the price exhibited an even […]

Ethereum price trimmed all gains and revisited $1,580 against the US dollar. ETH could continue to move down if it settles below the $1,600 support. Advertisements Ethereum started a fresh decline below the $1,650 support. The price is trading below $1,665 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]

Advertisements Grayscale initiated Ethereum ETF conversion, potentially expanding crypto accessibility for mainstream investors. Whale interest in ETH decreased despite ETF hype. Grayscale Investments, one of world’s largest crypto asset managers, recently made a significant move in the ongoing Ethereum [ETH] ETF saga. They announced that NYSE Arca filed with the SEC to convert Grayscale Ethereum […]