Ethereum Watch

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements Ethereum has a bearish market structure on the lower timeframes. Short sellers looking for a drop below $1600 could fall into a near-term bear trap in the event of a bounce toward the […]

As crypto markets sink deeper into the red, analysts are predicting more pain for altcoins, while the outlook for Ethereum price doesn’t look good in the short term. Moreover, total market capitalization has slumped to its lowest point in six months.  Advertisements Crypto markets have fallen back to levels lot seen since mid-March as the […]

Bitcoin Cash price is holding the key $180 support against the US Dollar. BCH seems to be aiming for a fresh increase toward the $205 and $220 levels. Advertisements Bitcoin cash price is showing positive signs above the $180 level against the US Dollar. The price is trading below $200 and the 100 simple moving […]

Ethereum top two addresses currently hold over $10 billion worth of ETH. ETH’s recent price trend has slumped from its uptrend at the beginning of the year. A recent Arkham Intelligence report has identified the addresses holding the most Ethereum globally. Given this fresh information, how do these holdings compare to the market capitalization of […]

Ethereum price failed to settle above $1,650 and trimmed gains against the US Dollar. ETH is now trading in a bearish zone and could decline heavily. Advertisements Ethereum peaked near $1,670 and started a fresh decline. The price is trading below $1,650 and the 100-hourly Simple Moving Average. There is a key bearish trend line […]

On September 9, hackers targeted Ethereum co-founder Vitalik Buterin’s X (previously known as Twitter) account. They posted a fraudulent ConsenSys link, swindling almost $700,000 from unsuspecting followers. Advertisements Dmitry Buterin, Vitalik’s father, confirmed the security breach, noting that his son was actively trying to regain control of the account. Deceptive Post Snares Vitalik Buterin’s Followers […]

Ethereum’s TVL continued bleeding as the market extended its uncertainty. ETH’s ecosystem maintained some health and top whales have been buying the dip. The crypto market just concluded another one of its most dormant weeks so far in 2023. Ethereum [ETH] and other top networks have experienced a significant slowdown in activity as is usually […]

The price of Ethereum seems to be back under the influence of the current market sentiment despite enjoying a relatively positive week. On Wednesday, September 6, Ark Invest filed for the first Ethereum spot exchange-traded fund (ETF) in the United States. Advertisements This ETF application had a tame impact on the price of Ether, with […]

On-chain data showed that ETH was undervalued at press time. Ethereum’s application in traditional sectors could drive up demand for ETH. Predicting how much one would make from investing in cryptocurrencies is a Herculean task. While some have been successful in the venture, the volatility of the market, macroeconomic factors, and sometimes manipulation have put […]

Over the past year, the discount to the net asset value (NAV) for the Grayscale Ethereum Trust has reached its narrowest point. Intriguingly, this comes on the heels of applications for what might become the United States’s premier spot Ethereum exchange-traded fund (ETF). Advertisements According to YCharts, the discount now hovers around 26.64%. To put […]