Ethereum Watch

Advertisements The Ethereum network saw a 28% jump in the creation of daily addresses.  The increase in spot prices failed to move the derivatives market. Ethereum [ETH] has recovered well since its precipitous fall on the 22nd of January, which saw the second-largest asset lose 10% of its value. The second-largest asset clocked a steady […]

The Securities and Exchange Commission (SEC) is poised to follow a similar approach to approving spot Bitcoin (BTC) exchange-traded funds (ETFs) for spot Ethereum ETFs, with the expectation that approval will be granted on the initial final deadline of May 23, as per Standard Chartered Bank analysis. Advertisements Ethereum ETFs Face Delays, Approval Remains Likely […]

Advertisements The trading volume of Solana’s DEX, Jupiter, surpassed Uniswap in the past 24 hours. The SOL market remained plagued by bearish sentiments as the price moved sideways.  Solana [SOL]-based decentralized exchange (DEX) Jupiter saw its trading volume climb significantly in the last 24 hours, surpassing Ethereum [ETH]-based Uniswap [UNI], according to data from CoinGecko. […]

Advertisements Ethereum’s staking market cap surged to $65.45 billion. ETH’s liquid supply has been going downhill over the last two years. Ethereum [ETH] staking showed no signs of saturation as the total supply locked in ETH’s deposit contract surged to a fresh all-time high (ATH). ETH staking on a roll According to AMBCrypto’s analysis of […]

Advertisements Ethereum has a bullish structure on the weekly chart. The two key range resistance levels overhead line up well with the liquidation heatmap. Ethereum [ETH] bulls took over a month to breach the resistance at the $2.4k mark. The Bitcoin [BTC] spot ETF approval news took Ethereum to the local high at $2.7k, but […]

Advertisements Bitcoin’s total transaction count plunged in the last seven days. Bitcoin ascended to $42,000 as the weekend started Transaction fees across major blockchain networks declined drastically in recent days, raising concerns about lower demand and adoption. Less network utilization Bitcoin [BTC] and Ethereum [ETH] witnessed more than a 30% contraction in money paid by […]

The Ethereum network stands as a revolutionary innovation in the realm of blockchain technology. It serves as a robust platform for building and deploying decentralized applications (dApps), fueling the growth of decentralized finance (DeFi) and transforming the way we interact with financial services. However, with its widespread adoption and increasing popularity, Ethereum has faced challenges […]

Advertisements Celsius moved $1 billion worth of ETH. ETH ETF approval got delayed, but price of ETH remain unaffected. The now-inoperative crypto lending platform Celsius made significant transfers of Ethereum [ETH] to centralized exchanges over the last few days. The latest transaction involved a substantial 459,561 ETH, valued at around $1 billion at press time. […]

Advertisements Blackrock gets delayed spot ETH ETF decision. ETH hits six consecutive days of downtrends. Following the approval of Bitcoin [BTC] spot ETFs, the focus has shifted to Ethereum [ETH] spot ETF proposals submitted to the SEC. The prominent institutions that spearheaded spot BTC ETFs are now leading the way for spot ETH ETFs, with […]

A crypto analyst, Elja on X, predicts that Ethereum (ETH) will reach a staggering $15,000 by 2025 based on technical analysis. The analyst argues that the current bearish sentiment in the crypto market is “temporary.” Advertisements Moreover, Elja notes that the second most valuable coin by market cap follows a similar fractal pattern that fueled its […]