Ethereum Watch

Advertisements World Liberty Financial, backed by US President Donald Trump, said the USD1 stablecoin launched on March 4 was “not currently tradeable.“ The Donald Trump-backed crypto venture World Liberty Financial launched a US dollar-pegged stablecoin with a total supply of more than $3.5 million. According to data from Etherscan and BscScan, the project launched the […]

Advertisements Ethereum’s market cap surpasses global giants like Toyota and Disney, highlighting its value despite trading 57% below its 2021 all-time high. Ether is trading at around half its all-time high price, but the Ethereum network is still valued higher than some of the world’s most prominent companies. Ether (ETH) traded at roughly $2,088 at […]

Ethereum is currently in a major support zone. It’s trading around the $2K level, which happens to be the bottom of a prominent trendline. Advertisements The last two times $ETH bounced off from this trendline (in May 2022 and November 2022), it surged by 110% and 250%, respectively. If the scenario repeats this time around, […]

The market is experiencing renewed optimism as crypto inflows reached $644 million last week. Advertisements It is a significant reversal after five consecutive weeks of outflows, suggesting a notable change in investor sentiment. Crypto Inflows Reach $644 Million, Market Sentiment Recovers The rebound follows a challenging period in which investor sentiment remained cautious, leading to […]

This week, several significant events are poised to impact the crypto market. The new SEC chair ascension, developments in Ethereum’s Pectra Upgrade, and new ecosystem developments have the crypto space buzzing with anticipation. Advertisements Investors and market watchers closely monitor these events to gauge their potential influence on the market and asset prices. Here is […]

Ethereum (ETH), the world’s second-largest blockchain by market capitalization, has seen its quarterly transaction fee revenue drop dramatically by approximately 95% from its all-time high in Q4 2021. Advertisements This decline can be primarily attributed to a decrease in Layer 2 contributions, coupled with a significant dip in activity within the non-fungible token (NFT) market. […]