Ethereum Watch

Ethereum (ETH), the world’s second-largest cryptocurrency, continues to grapple with uncertainty after a steep price decline. Investors are on tenterhooks, with whales exiting their positions and the market sentiment teetering between fear and a glimmer of hope. Advertisements Ethereum Price Struggles To Regain Footing Ethereum’s price has been on a rollercoaster ride in recent months. […]

One of Ethereum’s top whales has dumped seven thousand tokens, making over $16 million in profits. Ethereum’s price has seen very minute increases; Analysts expect bulls to take control back. Ethereum [ETH], the second-largest cryptocurrency in the world, continues struggling to regain its footing after a dramatic free-fall that sees investors holding on for dear […]

Whales accumulated over $9 million worth of ERC-20 tokens. Pepe and LINK saw a more positive price trend than UNI. Recently, Pepe [PEPE], Uniswap [UNI], and Chainlink [LINK] witnessed significant whale accumulations. While UNI stood out with its distinct price trend, PEPE and LINK displayed similar price movements. Advertisements Another commonality among these assets is […]

Ethereum price started a recovery wave above the $3,000 zone. ETH is now above the 100-hourly simple moving average and facing hurdles. Advertisements Ethereum found support at $2,820 and started a recovery wave. The price is trading above $3,100 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support […]

ETH’s price appreciated by over 5% on 3 May This contributed to a hike in the number of short positions liquidated Ethereum’s [ETH] 7% price rally during the intraday trading session on 3 May caused short liquidations on its derivatives market to rally to a two-month high, according to Coinglass.  Advertisements In fact, the on-chain […]

Michael Saylor predicts Ethereum will be classified as a crypto-asset security Charles Hoskinson was quick to respond to the Bitcoin maxi’s comments The United States is taking steps towards regulating the cryptocurrency market, beginning with platforms like Kraken, Coinbase, and Uniswap. Now, it would seem that it’s turning its attention towards Ethereum [ETH]. As expected, […]

Ethereum Name Service (ENS) has initiated a legal challenge against Unstoppable Domains (UD). It focuses on a contentious blockchain naming patent, marking a significant dispute in the blockchain industry.  Advertisements The patent, originally filed by Unstoppable Domains, ostensibly incorporates technology developed by ENS. This has led to accusations of intellectual property misappropriation. Ethereum Name Service […]

BTC and ETH traded below their maximum pain points, suggesting that traders might face severe losses Implied Volatility dropped, implying a lack of bullish expectations going forward Bitcoin [BTC] and Ethereum [ETH] options contracts worth about $2.3 billion are set to expire on Friday, 3 May. According to Deribit Exchange, the Bitcoin options are valued […]

The winds of change are swirling around Ethereum, the world’s second-largest cryptocurrency. Despite a recent price dip, the network has witnessed a surge in new user activity, sparking a wave of optimism. However, the outsized influence of large holders, known as whales, continues to cast a long shadow. Advertisements New Wallets Open For Business Data […]

Stablecoins are set to be “mainstream,” per Bitwise exec.  Exec suggests Ethereum, Solana as starting points for stablecoins investments. Asset manager Bitwise sees the booming $159.5 billion stablecoin market as another crypto frontier worth investors’ attention. Advertisements In Q1 2024 alone, Tether [USDT], the leading stablecoin issuer by market cap, netted a record $4.5 billion […]