Ethereum Watch

Advertisements Ethereum saw a drop in the Estimated Leverage Ratio. In combination with other metrics, the inference was that bullish certainty was falling. In a report last week, AMBCrypto highlighted that Ethereum [ETH] has underperformed Bitcoin [BTC] in recent weeks. Comparing their performance in December, AMBCrypto found that ETH has gained 11.3% at press time, […]

Advertisements ETH HODLers were unconcerned about the altcoin’s price fluctuations. The short and long-term technical outlook suggested a bullish move for ETH. Long-term Ethereum [ETH] holders have desisted from liquidating their holdings while helping the coin reach a new milestone, IntoTheBlock noted. According to IntoTheBlock, the amount of ETH owned by HODLers has now hit […]

According to a report from crypto analytics firm IntoTheBlock, Ethereum has recorded an 85% increase in its market cap over the last year, moving from around $149.18 billion to its current value of $275.98 billion. However, in comparison with other major assets, ETH performance still leaves more to desire, especially considering the many positive developments […]

Advertisements Ethereum developers target January for the first testnet deployment. Progress made on the network increased, gas usage surged. Ethereum [ETH] developers intensify testing for the upcoming Dencun upgrade, a significant milestone anticipated next year, introducing increased data storage capacity through the implementation of a process termed “proto-danksharding.” More updates and upgrades In a biweekly […]

Advertisements ETH may displace Bitcoin’s dominance next year, an investor pointed out. Long-term investors are confident of the altcoin’s performance. According to Raoul Pal, Ethereum [ETH] will outperform Bitcoin [BTC] by 2024. Pal, who shared the opinion on X, noted that there could be a repeat of the 2021 cycle where BTC initially beat ETH’s […]

BitMex founder Arthur Hayes has revealed that he is diverting his interest toward Ethereum (ETH) while disclosing a bold prediction for the crypto asset. Advertisements Arthur Hayes Doubling Down On Ethereum Arthur Hayes recently took to X (formerly Twitter) to share his optimism and prediction about the future of Ethereum, and the post has since […]

Advertisements ETH accumulation has been increasing, suggesting a move toward $2,500. Market participants are not convinced that the coin is about to jump. According to AMBCrypto’s evaluation of Santiment, active addresses on the Ethereum [ETH] blockchain have been rising. As of 18th December, the 24-hour active addresses was 395,000. But at press time, the metric […]

In a recent post on X, Sassal, an independent Ethereum educator, is doubling down on Ethereum (ETH). The angel investor said that based on current market sentiment, there are signals that the “death of ETH” narrative is losing steam. Advertisements This is a reason, in Sassal’s view, to buy even more ETH ahead of the expected bull […]

Advertisements The SOL/ETH price ratio has been rising since September. The demand for SOL remained steady among daily traders. Solana [SOL] has emerged as a surprise champion in the 2023 altcoin market, outperforming Ethereum [ETH] by a significant margin since early fall. For the first time since 2021, the SOL/ETH price ratio reversed in early […]

Ethereum is currently ranging around $2,200, with its price undergoing a calm volatility in the past 7 days. New data from Santiment has revealed the current sentiment among Ethereum whale addresses, as the total supply on exchanges recently hit a new low. According to the on-chain analytics platform, more than 240,000 ETH have left 10 […]