Ethereum Watch

Ethereum’s (ETH) chances of reaching a new all-time high (ATH) in 2024 have been subject to bets on Polymarket for some time. Most traders who are staking their money on the world’s largest prediction market feel the likelihood is low. Advertisements ETH price is $2,549 at press time, representing a 17.75% decrease in the last […]

Duo Nine, a prominent crypto educator and analyst, posed a question no one wants to hear. “What if altcoin season never comes?,” he asked, with multiple data to back his rhetoric. Advertisements An altcoin season is an informal term describing a phase where investing in altcoins provides better returns than pouring capital into Bitcoin (BTC). […]

The Pi Cycle Top indicator revealed that ETH’s possible market bottom was at $3k.  Most metrics looked bullish on ETH, but a few market indicators suggested otherwise.  After a week of nearly double-digit price drops, Ethereum [ETH] showed signs of recovery in the past 24 hours. In fact, if the latest data is to be […]

Bankrupt crypto lender Celsius Network has initiated legal proceedings against Tether, the company behind the USDT stablecoin. The lawsuit, which was filed concerning a contract dispute dating back to 2022, alleges that Tether violated their agreement by unjustifiably liquidating 39,542.42 Bitcoins that were held as collateral for a loan issued in USDT. Celsius contends that […]

Ethereum gas fees have plummeted to their lowest level in several years, driven by increasing transactions on the network’s layer-2 networks. Advertisements This significant drop has made on-chain transactions much cheaper for users and prompted discussions about their long-term effect on the network. Ethereum’s Gas Fee Reduction Leads to Supply Increase According to Etherscan data, […]

Like BTC ETFs, Ethereum ETFs also witnessed outflows over the past few days Metrics and market indicators suggested that Bitcoin’s bear rally might end soon though Despite the bearish market conditions, Bitcoin [BTC] ETFs witnessed promising inflows a few days ago. However, the trend changed over the last 24 hours. Advertisements Hence, it’s worth taking […]

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing […]

ETH and XRP saw double-digit spikes. XRP was in a bull trend at press time, while ETH remained stuck in a bear trend.  After a turbulent week marked by numerous sell-offs, Ethereum [ETH] and Ripple [XRP] have emerged as major assets experiencing significant rebounds. Advertisements XRP has seen more notable price movement, largely due to […]

Investors face a plethora of choices, each promising unique benefits and potential returns. Among the latest discussions is the choice between investing in Ethereum (ETH) ETFs and the newly launched Mpeppe (MPEPE). Market experts are diving deep into which of these options offers better long-term value. Let’s explore why Ethereum (ETH) ETFs and Mpeppe (MPEPE) […]

Key Takeaways Aave successfully executed $300M in liquidations during the market crash, contributing $6M in profits to its DAO. Liquid restaking tokens and yield-bearing stablecoins experienced brief depegs but quickly recovered, demonstrating market stability. Share this article Advertisements DeFi protocols demonstrated resilience during this week’s market crash, with Aave facing its largest liquidations ever amounting […]