Ethereum Watch

Analysts are undecided on whether there will be litigation if there is an ETH ETF rejection in May.  But the odds of approval in May remain very low across the board.  As the deadline draws closer, Ethereum [ETH] ETF approval odds in May seem unlikely. However, some have been quick to imagine what would happen […]

Ethereum price stayed above the $3,400 support zone. ETH is recovering losses, but it must clear $3,600 to continue higher in the near term. Advertisements Ethereum extended its decline and tested the $3,400 support zone. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish […]

Ethereum noted a decline in bullish conviction in the Futures market Coinbase Premium Index showed traders from the U.S are adamant about the altcoin Ethereum [ETH] rallied swiftly from $3.2k to $3.7k, making a 16.2% move in three days. However, the bulls were rebuffed at the same near-term resistance from a month ago – $3.7k. […]

The fate of spot Ethereum (ETH) exchange-traded funds (ETFs) hangs in the balance as the US Securities and Exchange Commission (SEC) inches closer to its decision deadline in May. Leading voices in the industry anticipate rejection of these investment products. Advertisements Jan van Eck, CEO of the asset management firm VanEck, recently voiced his skepticism […]

Historical design shown by the MVRV ratio, led ETH to bounce. While traders booked some profits, the OI indicated that more was close. On the 8th of April, Ethereum [ETH] defied the school of thought that it was a slow move this cycle as its market cap jumped by over 9%. This increase placed its […]

Ethereum price failed to continue higher above the $3,725 resistance zone. ETH trimmed gains and now consolidates near the $3,475 support. Advertisements Ethereum failed to climb higher above the $3,725 resistance level. The price is trading near $3,500 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with […]

Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, is experiencing a surge in optimism in the cryptocurrency market. The emergence of two new whales, according to crypto tracking platform Spot On Chain, further adds to the bullish sentiment surrounding Ethereum. Advertisements These whales have collectively withdrawn a substantial amount of ETH, totaling nearly 11,700 […]

Ethereum’s recent 8% surge has ignited the crypto ecosystem, marking its largest increase in over a month. This jump is linked to speculation about potential US exchange-traded funds (ETFs) for Ethereum, fueling intense discussion among crypto community members. Advertisements On Monday, Ethereum outperformed major crypto assets such as Bitcoin. Is Alameda Research Planning to Sell […]

Blast and Base have heightened competition within the Ethereum L2 space.  Polygon CEO sees L2 competition as bad for Ethereum.  In the past, Ethereum’s [ETH] layer (L2s) ecosystem has been dominated by Arbitrum [ARB] and Optimism [OP].  Advertisements However, the entry of Coinbase L2 solution Base and Blast has heightened further competition. Right now, Optimism […]

Share this article Advertisements URL Copied Advertisements Defiance ETFs, a US exchange-traded fund (ETF) sponsor and registered investment advisor, has filed an application with the US Securities and Exchange Commission (SEC) to launch a 2x leveraged Ethereum futures ETF. According to Bloomberg ETF analyst James Seyffart, if approved, the ETF could start trading as early […]