Ethereum Watch

Advertisements Ethereum bulls have strong support just below the $2900 mark. A rally to $3500 could commence if the bullish sentiment continues to intensify. Ethereum [ETH] sailed above the psychological $3000 resistance on the 25th of February. It closed the daily trading session at $3014 on the 20th, but ETH dipped to the $2900 area […]

Advertisements Monthly NFT sales on Ethereum have reached a 10-month high. The general NFT market capitalization has risen by double digits in the last month. The monthly sales of non-fungible tokens (NFTs) on the Ethereum [ETH] network have reached their highest in ten months, surpassing $430 million, according to data from CryptoSlam.  In the last […]

The price of Ethereum has been a joy to watch since the start of 2024, climbing by more than 30% in less than two months. The latest on-chain revelation suggests that ETH investors are approaching the market with more confidence, as the cryptocurrency’s price rally seems to be far from over. Advertisements $2.4 Billion Worth […]

Advertisements Dencun and Electra upgrades shape Ethereum’s development landscape. ETH’s price witnessed a minor correction, while network growth and velocity fell. In recent weeks, Ethereum [ETH] experienced a substantial surge in its price, reflecting heightened market activity. Behind this surge was significant developments within the Ethereum network, poised to propel the growth of this cryptocurrency […]

Advertisements Ethereum’s burn rate spiked in January. This has resulted in a decline in the coin’s circulating supply. 18,109 Ether [ETH], worth around $53.17 million at press time, have been removed from circulation in the last 30 days, pushing its circulating supply to a new post-Merge low, per Ultrasound.money. Source: Ultrasoundmoney.com Information from the data […]

Ethereum price is struggling below the $3,030 resistance. ETH is consolidating and might start a downside correction below the $2,930 support. Advertisements Ethereum struggled to stay above the $3,000 level and corrected lower. The price is trading above $2,930 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support […]

Coinbase, a prominent US crypto exchange, has thrown its weight behind Grayscale’s bid to turn Ethereum Trust into a spot Ethereum exchange-traded fund (ETF). Advertisements Meanwhile, there is high optimism amongst the Ethereum community regarding the US Securities and Exchange Commission’s (SEC) decision on spot Ethereum ETF. Coinbase Explains Why The SEC Should Approve a […]

Advertisements Ethereum’s price faced uncertainty as a dormant ICO participant began to move holdings. NFT trades occurring on the network declined. On the 20th of February, following Ethereum’s [ETH] price surpassing $3,000, an ICO participant, who was dormant for 8.6 years, deposited 1,732 ETH, which amounted to $5.15 million on Kraken at press time. The […]

In recent on-chain data from Spot On Chain, an Ethereum whale appears to have engaged in significant accumulation activity, sparking interest and speculation within the ETH community. Advertisements According to the platform, the whale address in question has purchased a total of 64,501 ETH in the past three days, amounting to roughly $187 million at current […]

Advertisements If Bitcoin dominance falls, ETH and ADA might lead the altcoin rally. The broader market was bullish on both cryptocurrencies. Despite the price hike experienced lately, crypto analyst Dan Gambardello said Ethereum [ETH] and Cardano [ADA] have not made big moves to confirm the much-anticipated altcoin season. Gambardello mentioned this in a YouTube session […]