Ethereum Watch

Coinbase, a prominent US crypto exchange, has thrown its weight behind Grayscale’s bid to turn Ethereum Trust into a spot Ethereum exchange-traded fund (ETF). Advertisements Meanwhile, there is high optimism amongst the Ethereum community regarding the US Securities and Exchange Commission’s (SEC) decision on spot Ethereum ETF. Coinbase Explains Why The SEC Should Approve a […]

Advertisements Ethereum’s price faced uncertainty as a dormant ICO participant began to move holdings. NFT trades occurring on the network declined. On the 20th of February, following Ethereum’s [ETH] price surpassing $3,000, an ICO participant, who was dormant for 8.6 years, deposited 1,732 ETH, which amounted to $5.15 million on Kraken at press time. The […]

In recent on-chain data from Spot On Chain, an Ethereum whale appears to have engaged in significant accumulation activity, sparking interest and speculation within the ETH community. Advertisements According to the platform, the whale address in question has purchased a total of 64,501 ETH in the past three days, amounting to roughly $187 million at current […]

Advertisements If Bitcoin dominance falls, ETH and ADA might lead the altcoin rally. The broader market was bullish on both cryptocurrencies. Despite the price hike experienced lately, crypto analyst Dan Gambardello said Ethereum [ETH] and Cardano [ADA] have not made big moves to confirm the much-anticipated altcoin season. Gambardello mentioned this in a YouTube session […]

On Tuesday, Ether (ETH), the second largest cryptocurrency by market capitalization, touched its highest level since April of 2022. Ethereum’s native cryptocurrency momentarily surpassed the $3,000 before quickly facing a price pullback. Advertisements Ether Briefly Touches The Sky The whole crypto market has been buzzing with a bullish sentiment in recent weeks after the massive […]

Ethereum, the second-largest cryptocurrency by market capitalization, has surpassed $3,000 for the first time since April 2022. Advertisements Ethereum Price Surpasses $3,000 This surge in value is attributed to a bullish breakout from an ascending triangle pattern observed on the weekly chart in December 2023. Despite the gradual pace of its upward movement, the ascending […]

Advertisements The supply held by non-exchange whale addresses increased significantly in February. The accumulation frenzy could be because of the rapidly rising MVRV Ratio. Ethereum [ETH] broke past $2,900 in the last few hours of trading as positive momentum for the second-largest cryptocurrency persisted over the weekend. The digital asset was trading at $2,907 at […]

Crypto analyst Miles Deutscher has spotlighted several altcoins, with a special focus on artificial intelligence (AI) tokens, that demonstrate strong breakout potential in the current market rebound.  Advertisements ETH On The Rise In a recent post on X (formerly Twitter), Deutscher suggests that the upcoming Ethereum (ETH) Dencun upgrade, along with advancements in the AI […]

Bernstein, a prominent brokerage firm, has recently showcased a bullish outlook on Ethereum (ETH). This perspective aligns with the significant purchase of Ethereum, worth approximately $66 million, by a noted crypto whale wallet – 0x7a9. Advertisements As Ethereum gains momentum, the focus shifts from Bitcoin’s ETF-driven rally to the potential for Ethereum’s institutional adoption and […]

Advertisements Arbitrum’s weekly derivatives transaction volume reached an all-time high in the last week. ARB’s value increased in the last month, but investors’ profits continued to drop. The weekly transaction volume of the derivatives protocols housed within leading Layer 2 network (L2) Arbitrum [ARB] climbed to an all-time high of $18 billion in the last […]