Ethereum Watch

Increased meme coin activity on Base contributed to the hike. A surge in active addresses could improve the number in the forthcoming weeks. Layer-2 projects built on the Ethereum [ETH] blockchain like Polygon [MATIC] have been experiencing a surge in on-chain activity. Advertisements According to IntoTheBlock, transactions on the networks have hit 32 million every […]

The Ethereum market is buzzing after a long-dormant “whale” – a major investor holding a vast amount of cryptocurrency – resurfaced and transferred a significant amount of ETH to the Kraken exchange. This move has sparked speculation about a potential price drop, but wider market trends suggest a more complex picture. Advertisements On-chain analytics firm […]

Brandt predicted that Solana could double versus Ethereum. Solana showed significant growth despite recent network issues. Solana [SOL], a cryptocurrency that previously aimed for $200, has encountered setbacks amidst a bearish sentiment in the weekly charts. Advertisements However, its 24-hour price cycle depicted a 3.56% surge, mirroring optimism in the border market. Inasmuch, renowned crypto trader […]

Peter Brandt criticized Ethereum as a “junk coin” due to perceived flaws Most experts, however, are optimistic about Ethereum’s future  The crypto-market recorded significant volatility in the first quarter of 2024, with many leading cryptocurrencies such as Ethereum [ETH] and Bitcoin [BTC] both rising and falling. Ethereum, in particular, has showed some promising signs beyond […]

The recent ratio between Bitcoin (BTC) and Ethereum (ETH) prices suggests a potential decline in risk appetite within the crypto market. The ratio has reached its highest level since April 2021, indicating a stronger demand for Bitcoin than its smaller rival, Ethereum. Advertisements This development has led crypto asset trading firm QCP Capital to speculate […]

JPMorgan has projected a confident stance regarding the US Securities and Exchange Commission’s (SEC) eventual green light for spot Ethereum exchange-traded funds (ETFs). Advertisements Despite earlier this year giving a no more than 50% chance for approval by May, optimism persists within the firm. Ethereum ETF Approval Odds Improve Nikolaos Panigirtzoglou, managing director and global […]

JPMorgan’s report sheds light on the decline in Lido’s staked Eth share. SEC had emphasized lack of network decentralization in evaluating Ethereum’s security status. For the last couple of weeks, the Securities and Exchange Commission (SEC) has been actively pursuing an investigation into Ethereum [ETH], aiming to classify it as a security. Advertisements This investigation […]

Ethereum price is struggling to recover above the $3,440 resistance zone. ETH is moving lower and might decline further if it clears the $3,250 support. Advertisements Ethereum is struggling to climb above the $3,370 and $3,440 levels. The price is trading below $3,380 and the 100-hourly Simple Moving Average. There was a break below a […]

US SEC seeks comments on ETH ETF applications for Grayscale, Bitwise and Bitwise.  Analyst maintains low odds of May approval, calls the comments “standard procedure.” On the 3rd of April 2024, the U.S. Securities and Exchange Commission (SEC) opened a public comments period for Ethereum [ETH] ETF filing amendments tied to Bitwise, Fidelity and Grayscale.  […]

VanEck, a leading investment management firm, has projected a monumental $1 trillion valuation for Ethereum’s Layer-2 (L2) networks by 2030. Advertisements This bold forecast highlights the significant role L2 solutions play in scaling the Ethereum network, addressing its core scalability challenges. How Ethereum Layer-2s Can Collectively Achieve $1 Trillion Valuation? According to CoinMarketCap data, the […]