Ethereum Watch

Ethereum price is attempting a recovery wave above the $3,500 zone. ETH must clear the $3,580 resistance to continue higher in the near term. Advertisements Ethereum started a decent recovery wave above the $3,350 zone. The price is trading above $3,450 and the 100-hourly Simple Moving Average. There was a break above a short-term bullish […]

Coinbase’s Chief Legal Officer, Paul Grewal, has taken a strong stance on the ongoing debate regarding Ethereum’s status as a security or commodity. Advertisements Amidst the US Securities and Exchange Commission’s (SEC) rigorous legal efforts to potentially classify Ethereum as a security, Grewal emphasizes its longstanding recognition as a commodity. Ethereum Is Not a Security […]

Vitalik Buterin, a co-founder of Ethereum, announced the introduction of a new staking concept termed “Rainbow Staking.” Advertisements This initiative aims to revamp the economic structure of the network by implementing a dual-pronged staking mechanism. The approach distinguishes between heavy and light services, offering a framework that impacts the distribution of rewards. Vitalik Buterin Introduces […]

$4.27 million ETH liquidations occurred over the last 24 hours in the DeFi sector. Traders turned bearish as IV grew. Over the last week, the price of Ethereum[ETH] has fallen tremendously coinciding with the correction in Bitcoin’s[BTC] price. Advertisements Bulls get punished Based on Parsec’s data, DeFi saw over $5.4 million in collateral liquidated within the […]

Ethereum price started a recovery wave from the $3,050 zone. ETH is up over 10% and is now struggling to clear the $3,550 resistance zone. Advertisements Ethereum started a decent recovery wave from the $3,050 zone. The price is trading above $3,350 and the 100-hourly Simple Moving Average. There was a break above a major […]

The Ethereum Foundation, a Swiss non-profit central to the Ethereum ecosystem, reportedly faces scrutiny. An undisclosed “state authority” is investigating the organization, revealed through a GitHub repository update on February 26, 2024. Advertisements The nature and details of the probe remain shrouded in mystery. Ethereum Dips 2% in Less Than 5 Minutes The Ethereum Foundation […]

SEC’s latest delay announcement has spurred some degree of skepticism Experts are now revising the odds of an Ethereum spot ETF being approved The United States (US) Securities and Exchange Commission (SEC) has pushed back its verdict on the proposed Ethereum [ETH] exchange-traded funds (ETFs) by Hashdex and ARK 21Shares.  Advertisements This delay, announced on […]

The United States Securities and Exchange Commission (SEC) has delayed its verdict on the Hashdex and ARK 21Shares spot Ethereum exchange-traded funds (ETFs). Advertisements Ethereum (ETH) enthusiasts have been eagerly keeping an eye on these developments as the final deadline approaches. Ethereum ETF Approval Chances Drastically Decline Announced on Tuesday, March 19, this postponement extends […]

Ethereum price extended its decline below $3,200. ETH is struggling and it seems like the bears are now aiming for a move toward the $3,000 support zone. Advertisements Ethereum started a downside correction below the $3,350 zone. The price is trading below $3,350 and the 100-hourly Simple Moving Average. There is a major bearish trend […]

The Ethereum vs Solana debate took a renewed twist in the third week of March after Solana hit crucial milestones.  Advertisements For starters, Solana’s [SOL] search interest on Google Trends surpassed Ethereum [ETH]. This indicates a spike in retail attention to SOL compared to ETH.  Additionally, SOL flipped BNB based on market cap and climbed […]