Ethereum Watch

Key Takeaways Coinbase’s legal officer criticizes the SEC’s approach to regulating decentralized exchanges. The SEC’s rule could force DEXs to adhere to traditional exchange regulations. Share this article Advertisements Advertisements Advertisements Coinbase has submitted a strongly worded comment letter to the SEC, urging the agency to withdraw its proposal to expand the definition of “exchange” […]

While BlackRock’s ETF inflow increased, GreyScale’s outflow went up. A recent analysis revealed that Ethereum price might drop to $2k. Ethereum [ETH] ETFs have gained a lot of interest from one of the top institutional investors, BlackRock, over the past months. While that happened, the big pocketed players in the crypto space also showed interest […]

Ethereum has struggled greatly underneath the bearish pressure that has been mounted on the crypto market over the last few weeks. The ETH price suffered multiple crashes that sent it toward $2,000 once more, shattering the expectations for a new all-time high in the third quarter. However, this decline may only be short-lived as one […]

Digital asset investments hit $176 million last week, effectively registering a resumption of inflows after a streak of negative flows. Advertisements It comes after the recent market correction, with ETF (exchange-traded funds) investors seizing the opportunity to buy the dip. Ethereum Leads As ETF Investors Buy The Dip ETF analyst Eric Balchunas from Bloomberg Intelligence […]

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 […]