Ethereum Watch

Abraxas Capital, a $3 billion investment management firm, has allocated $837 million toward Ethereum (ETH), boosting its total portfolio value to over $950 million. This bold move reflects growing institutional confidence in ETH and has sparked speculation among analysts about the potential onset of an altcoin season. Advertisements Notably, the firm’s decision to increase its […]

ETH traders expected ETH to rally above $3.5K despite short-term momentum cool-off. Source Advertisements

Ethereum is now trading at a pivotal juncture after days of consistent selling pressure that have pushed the price down by more than 12% since last Tuesday. Currently hovering around the $2,400 mark, ETH is struggling to maintain bullish momentum, and many analysts warn that a deeper correction could follow if bulls fail to defend […]

Ethereum recovered over 50% in May. On-chain data is offering new insights into the changing sentiment of Ethereum investors following the Pectra upgrade. As a result, many analysts are now expecting higher price levels. Advertisements This on-chain data includes ETH withdrawals from exchanges, exchange reserves, and ETH whale accumulation. Over the past month, all these […]

Crypto inflows hit $785 million last week, pushing year-to-date (YTD) totals to $7.5 billion. This marks a full recovery from the outflows seen between February and March. Advertisements Ethereum stood out amid the positive flows into digital asset investment products. The Pectra upgrade and the network’s leadership changes drove the changing sentiment. Pectra Upgrade Influenced […]

Advertisements Vitalik Buterin warns of the risks of centralized RPC providers and proposes a new node design to ensure trustless, censorship-resistant access to Ethereum as the network scales. Ethereum co-founder Vitalik Buterin unveiled a proposal to preserve trustless, censorship-resistant access to Ethereum, even as the network scales.  On May 19, Buterin shared a post outlining […]

Advertisements Ethereum’s price dropped to $2,400 on May 17 before resuming its rally, which can take ETH toward $3,000 or more. Key points: Ether price rose 3% to $2,550 on May 18, triggering $22 million in short ETH liquidations. Advertisements A bull flag on the chart suggests a $3,700 target, with analysts predicting Bitcoin’s price […]

The Ethereum price performance in the month of May has been nothing short of outstanding, surging by more than 35% in the past two weeks. After making a strong run toward the $2,700 mark on Tuesday, May 13, the altcoin’s price has struggled to build on its momentum over the past few days. Advertisements The […]

Ethereum prices gained by over 4.6% in the past day to reach a peak of $2,634 before experiencing a slight retracement. In line with the bullish rhythm of the crypto market, the prominent altcoin has recorded significant price leaps in the past month, resulting in a total gain of 61.92% in this period. However, price […]

Ethereum’s falling reserves and active users hint at a breakout above $2,665. Source Advertisements