Ethereum Watch

A crypto analyst, Elja on X, predicts that Ethereum (ETH) will reach a staggering $15,000 by 2025 based on technical analysis. The analyst argues that the current bearish sentiment in the crypto market is “temporary.” Advertisements Moreover, Elja notes that the second most valuable coin by market cap follows a similar fractal pattern that fueled its […]

Advertisements Opinions clash on the possible approval of a spot Ethereum ETF Final decisions are expected between May and August Excitement is mounting over the U.S. Securities and Exchange Commission’s (SEC) impending decision on several applications for Ethereum spot exchange-traded funds (ETFs). The same was highlighted by Fox Business’s Eleanor Terrett in her latest post […]

Advertisements Celsius made massive ETH transactions in the wake of its bankruptcy proceedings. Gas usage on the network declined, however, NFT activity remained high. The most recent data insights from on-chain analytics provider LookonChain revealed massive transactions within the Celsius wallet over the past 10 hours. Specifically, a deposit of 13,000 Ethereum [ETH], valued at […]

An Ethereum (ETH) whale has recently executed a series of transactions, carrying out a considerable movement of funds across various platforms. The blockchain analytics platform Spot On Chain initially brought to light this activity, involving roughly $46.02 million in ETH tokens. Advertisements Deciphering The Whale’s $46M ETH Transfer Across Major Platforms The whale, operating through […]

Advertisements Since ETFs were approved, the Ethereum Coinbase Premium Gap has declined. The coin’s price remained prone to swings despite the decrease in volatility. Ethereum’s [ETH] Coinbase Premium Gap has shrunk since the launch of Bitcoin [BTC] spot exchange-traded fund (ETF) on the 10th of January, data from CryptoQuant revealed.  This metric tracks the difference […]

Advertisements Before the BTC spot ETF approval, the active validator count on Ethereum fell.  The network’s participation rate, which dropped before the ETF approval, has climbed. The number of active validators on the Ethereum [ETH] Proof-of-Stake (PoS) network has seen a sharp uptick in the past week. This is after a period of decline before […]

Advertisements ETH was down by more than 2% in the last 24 hours. Buying pressure on Ethereum was high, and whale activity increased. Ethereum [ETH] once again proved that it is the king of altcoins, as it outshone the rest. If the latest data is to be considered, ETH was the leader in recent volatility […]

Advertisements Ethereum’s correlation to Bitcoin declined as prices fell. New developments on the Ethereum network may help ETH in the future. Bitcoin [BTC] was in the limelight for quite some time due to anticipation around the ETF. Due to this, Ethereum [ETH] got left behind and the correlation between the two coins witnessed a decline. […]

The crypto market might be about to experience a further downturn as a recent development suggests an imminent selloff is on the horizon. This comes following the recent market moves by Grayscale, which is believed to be responsible for the recent decline in Bitcoin’s price.  Advertisements Celsius And FTX Crypto Funds On The Move On-chain […]

In an encouraging development for the crypto space, Tether, the issuer of the world’s largest stablecoin USDT, has doubled down on its Bitcoin investment momentum by acquiring a staggering 8,888 BTC, further diversifying its portfolio.  Advertisements Tether Increases Its Bitcoin Holdings Tether has recently made its third largest Bitcoin purchase, as the stablecoin issuer added […]