Ethereum Watch

According to Bitwise’s Chief Investment Officer, Matt Hougan, the Securities and Exchange Commission (SEC) is considering a delay in approving highly anticipated Ethereum exchange-traded funds (ETFs). Advertisements This development comes on the heels of Bitwise Asset Management’s intention to list a spot Ethereum ETF. Potential Ethereum ETF Approval Delay Bitwise launched its spot Bitcoin ETF, […]

Bitcoin and Ethereum showcased a bullish market structure on the 12-hour chart. Key retracement levels have been defended thus far, but a retest can’t be ruled out yet. Bitcoin [BTC] and Ethereum [ETH] continued to trade within the short-term range. They have a bullish bias on the higher timeframe price charts, and whales were accumulating […]

BlackRock CEO said Ethereum ETF approval is likely despite ETH designation. Hopeful issuers are adding “staking” to ‘nudge the SEC.” Blackrock’s Larry Fink’s recent take on Ethereum [ETH] ETF approval has many commentators speculating on possible outcomes. Advertisements In a recent interview with FOX Business, Larry Fink was asked if one can start an ETH […]

Solana’s weekly DEX volume surpassed $13.3 billion. Solana’s potential to outperform Ethereum in the near future was highlighted by Celestia’s COO. Solana’s [SOL] decentralized exchange (DEX) activity witnessed a record-breaking surge in transaction volumes, coinciding with the broader cryptocurrency market.  Advertisements Notably, Solana’s weekly DEX volume surpassed $13.3 billion, marking a significant milestone in the […]

Ethereum co-founder Vitalik Buterin sheds light on the potential societal benefits of meme coins, addressing the cryptocurrency community’s mixed feelings towards this unique asset class. Advertisements His insights come at a time when the crypto market is grappling with the implications of meme coins, from Dogecoin’s rise in 2015 to the controversy surrounding recent Solana […]

Ethereum has, for the most part, established a foothold above the $3,500 price level throughout the week as investors continue to anticipate a return to the $4,000 mark. Interestingly, the optimism has seen the open interest of Ethereum surging to new highs. The surge in open interest, although a bullish sentiment indicator, can also serve […]

Vitalik Buterin sheds light on how the Dencun hard fork improved the blockchain’s scaling and efficiency. Advertisements Indeed, proto-danksharding marks a significant shift, reducing transaction fees for rollups by a staggering factor of over 100. According to Ethereum’s co-founder, this development paves the way for a more scalable, cost-efficient ecosystem. It addresses long-standing concerns about […]

Ethereum price is holding gains above the $3,500 zone. ETH could gain bullish momentum if it clears the $3,680 resistance zone in the near term. Advertisements Ethereum retested the $3,450 and is currently moving higher. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a key bearish […]

An Ethereum whale that has been holding ETH for a long period of time sells its holdings. Price of ETH remains unaffected, however, activity on Ethereum’s ecosystem poses concerns. After seeing a massive rally over the last week, the price of Ethereum[ETH] started to get stagnant around the $3500 price level. Due to this stagnancy, […]

Ethereum displayed a bullish market structure on the 1-day chart. However, buyers were fighting for control and winning at press time. Ethereum [ETH] witnessed a negative Coinbase Premium after the recent retracement from $4.1k. Advertisements The complications surrounding an Ethereum ETF could explain why U.S. investors have grown less bullish on the asset in March. […]