Ethereum Watch

In a recent commentary shared on X, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, which ranks as the world’s largest provider of cryptocurrency index funds, detailed why investors should consider diversifying their cryptocurrency portfolio by adding Ethereum (ETH), alongside maintaining a position in Bitcoin (BTC). Hougan offered three compelling reasons for investors to […]

Ethereum, the second-largest cryptocurrency by market capitalization, is currently at a critical juncture as its price enters a consolidation phase. This period of price stability, marked by a narrow trading range, has left traders and investors in a state of uncertainty.  Advertisements With Ethereum’s price hovering around key support and resistance levels, market participants are […]

The percent of ETH supply on exchanges has dropped to an eight-year low. ETH rebounded from its decline in the previous trading session. Not only has Ethereum’s [ETH] price declined in the last few days, but its supply on exchanges has also decreased. This decline aligns with the trend in its Netflow, which has seen […]

Altcoin dominance has declined by 15% in the last month. The demand for ETH remained significantly low, putting the altcoin at risk of a further price decline. Altcoin dominance has cratered by double digits in the last month. At 9.88% at press time, it has fallen by 15% in the past 30 days, according to […]

Bitwise Asset Management has revealed significant updates in its S-1 registration form for the company’s Ethereum (ETH) exchange-traded fund (ETF). Advertisements These disclosures come as Bitwise and other major asset managers await the US Securities and Exchange Commission’s (SEC) approval to list and trade these products. Bitwise Details ETF Shares and Pantera’s Interest In its […]

Ethereum’s value surged beyond $3,500 following the conclusion of the US Securities and Exchange Commission’s (SEC) prolonged investigation. Advertisements Previously, there were looming doubts about Ethereum potentially being classified as an unregistered security. This uncertainty had been a significant concern for investors, affecting the asset’s market performance. However, the investigation’s closure has now reinstated investor […]

Ethereum price started a fresh increase from the $3,350 support zone. ETH is outperforming Bitcoin and might rise further toward the $3,650 resistance. Advertisements Ethereum is gaining pace from the key $3,365 support zone. The price is trading above $3,450 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend […]

Ethereum whales accumulated large amounts of ETH in the last few days. Developments for Ethereum ensued, price remained stagnant. Ethereum’s [ETH] price has remained stagnant over the last few days, despite this, whales have shown interest in the ETH token. Advertisements Ethereum whales move in The number of Ethereum wallets holding significant amounts of ETH […]

A prominent Ethereum whale with the wallet address 0xf07 has offloaded $35.4 million worth of Ethereum (ETH) over the last two days. This transaction comes at a critical time when Ethereum’s price has sharply declined, falling below the $3,500 mark. Advertisements Meanwhile, many other long-term holders have started reducing their Ethereum exposure. Ethereum Whales Decrease […]

Prominent crypto analyst Jelle has projected Ethereum (ETH) to surge to $5,000 by the end of this year. This prediction comes with a notable reason from a technical perspective. Advertisements Ethereum Rally: Setting the Stage For New Peaks Jelle’s forecast comes after Ethereum is experiencing a form of stabilization above the $3,500 mark, following a […]