Ethereum Watch

The behavior of Ethereum (ETH) holders provides crucial insights into market sentiment and potential future price movements. Advertisements This analysis delves into the recent trends among Ethereum addresses holding 1,000 ETH or more, alongside the actions of the largest whales holding 10,000 ETH or more. Ethereum Price Analysis: Bearish Momentum as Key Supports Break The […]

The US Securities and Exchange Commission (SEC) has added a spot Ethereum exchange-traded fund (ETF) application from asset manager ProShares. Advertisements This development came after ProShares filed a proposal to list and trade spot Ethereum ETF shares on the New York Stock Exchange (NYSE) on June 6. SEC Recognizes ProShares’ Spot Ethereum ETF Filing In […]

More whale addresses have accumulated ETH in the last few weeks. ETH’s bull trend has continued to weaken with the price drop. Ethereum [ETH], which has been moving closer to a bear trend over the past few days, has presented a buying opportunity for large investors. Advertisements According to recent data, big wallets have acquired […]

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Ethereum price declined heavily and tested the $3,580 support zone. ETH is now recovering and faces many hurdles near the $3,740 zone. Advertisements Ethereum started a recovery wave and climbed above the $3,660 resistance. The price is trading below $3,750 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with […]

Ethereum’s price dropped by over 2% in the last seven days. A metric suggested that ETH’s price was near its market bottom.  Ethereum [ETH] bears dominated the last week as the token’s price dropped. However, this might be the last chance for investors to accumulate more ETH while its price is low. Advertisements ETH was […]

Evgeny Gaevoy, CEO of crypto market maker Wintermute, has recently voiced concerns about Ethereum’s (ETH) leadership. Advertisements According to Gaevoy, Ethereum’s potential downfall will not be due to technical shortcomings compared to competitors like Solana but from contradictions within its leadership. Wintermute CEO Highlights Leadership Paradox in Ethereum Gaevoy criticizes Ethereum’s leadership, particularly the network’s […]

The Arbitrum Decentralized Autonomous Organization (DAO) has approved over $200 million worth of ARB tokens to enhance the Ethereum layer-2 network’s gaming sector. Advertisements This funding milestone coincides with a surge in key network metrics, reflecting growing community adoption. Arbitrum Boosts Gaming Community On June 7, the Arbitrum community passed a proposal to fund the […]

Iggy Azalea’s MOTHER token reflects the memecoin trend after the NFT craze Despite Buterin’s critique, MOTHER surged by 1,200% Once a stranger to Solana [SOL], Australian rapper Iggy Azalea has launched her own Solana-based memecoin, Mother Iggy (MOTHER). However, this isn’t the first time such a trend has emerged either.  Advertisements In 2021, various celebrities […]

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently seen its price fall below the 4-hour Simple Moving Average (SMA). This technical development is noteworthy for traders and investors, as the 4-hour SMA is often used to gauge short-term market momentum. Advertisements When a cryptocurrency’s price drops below this moving average, it can signal […]