Ethereum Watch

Based on historical price performance, ETH could see a 17% upside rally in the coming days. ETH is at crucial support, if it fails to hold this level, it could fall to the $2,600 mark. The overall cryptocurrency market has continued to experience downside momentum over the past few days. Amid this downturn, some whales […]

During early Monday in Asian trading hours, Ethereum (ETH) plummeted to its lowest since January 2024, hitting a low of around $2,100. This sharp drop occurred in just a 15-minute window around 01:00 UTC, with Ethereum’s value nosediving from $2,540 to $2,100—a 15% fall. Advertisements This swift descent shocked traders, struggling to believe the rapid […]

During early Asia trading time, the crypto market experienced a drastic decline. According to CoinGecko, the total crypto market capitalization has dropped by 12.5%, now standing at approximately $1.97 trillion. Advertisements This marks the first time since mid-February that the market cap has fallen below the $2 trillion mark. Fed’s Rate Stance Spurs Speculation on […]

Grayscale’s Ethereum Trust (ETHE) has seen a notable reduction in outflows during its second week of trading, following a $1.5 billion outflow in the initial week. Advertisements According to blockchain analysis firm Arkham Intelligence, ETHE experienced an 80% drop in outflows as the second week progressed. Why Grayscale’s ETHE Outflows Declined On July 29, approximately […]

Recent price movements in the cryptocurrency market have seen Ethereum experience a significant downturn, with the altcoin finally sustaining a break below the critical $3,000 support level. Ethereum has suffered a notable 4.76% decline over the past 24 hours, bringing its current trading price to just above $2,900.  Advertisements Related Reading While retail traders are […]

ETH dropped below $3k amidst greater outflows from ETFs Some analysts are now predicting a drop below $2k for the altcoin On the back of great crypto volatility amid Bitcoin’s own instability, altcoins are getting hit. In the middle of this downtrend, ETH has suffered the most over the last 7 days after dropping below […]

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 has seen large transfers over the last 24 hours Its Open Interest remained in the $14 billion range Recently, significant amounts of Ethereum were transferred from Genesis, adding to the substantial transfers made over the previous month. The aforementioned movement coincided with a price decline on the charts and yet, traders continue to remain […]

Cardano (ADA) is currently competing with Ethereum in terms of large transaction volume. This is undoubtedly a positive development for the ADA ecosystem, especially since it indicates a wave of accumulation among the token’s large holders.  Advertisements Cardano Matches Ethereum In Large Transaction Volume Data from the market intelligence platform IntoTheBlock shows that Cardano is […]

A “smart money” bought 4,000 Ethereum (ETH) tokens worth $12.58 million on Friday. The transaction drew attention, not only due to the prevailing market conditions but also because of the trader’s track record of successful purchases. Advertisements Retail investors and smaller traders often look to smart money investors for cues on market direction and potential […]