Ethereum Watch

Ethereum [ETH] finally sustained its bullish track as its recent rallies altered the long-term trend to exhibit a buying edge. With the 200 EMA assuming a rebound zone for the bearish pulls, the king alt now saw a volatile break above the point of Control (POC, red). Advertisements In the four-hour timeframe, the two-week trendline […]

Ethereum is moving higher over today’s trading session and seems to be targeting previous levels about the $2,000 mark. The cryptocurrency soars as “The Merge” becomes imminent and backs the bullish sentiment across the market. Advertisements At the time of writing, ETH’s price trades at $1,900 with a 3% profit in the last 24 hours […]

Advertisements A slew of Ether’s technical and fundamental indicators support a push toward $2,500 by September. Ethereum’s native asset, Ether (ETH), has more than doubled in value since bottoming out at around $885 in June 2022. Now, it eyes a decisive move toward $2,500 in August per a slew of technical and fundamental indicators. Ethereum […]

Advertisements TL;DR: Ethereum has entered its final phase after the testnet executed successfully on the Goerli network. Mainnet merge will occur sometime in September with tentative date set as Sep 17. Ethereum Price has responded positively with a 14% increase in anticipation to the merge. Ethereum Enters Final Phase of Merge Ethereum is entering its […]

The trading session on 8 August was an interesting one for ETH HODLers as the price of the leading altcoin jumped above $1,800 for the first time in two months, data from Santiment revealed. Advertisements In the last 30 days, the ETH network has seen over 546,000 active addresses trading the coin daily. Santiment showed […]

Data shows the Ethereum open interest has surged up to near all-time high values as the ETH 2.0 merge comes closer. Advertisements Ethereum Open Interest Has Sharply Risen Up Recently As per the latest weekly report from Arcane Research, the ETH open interest in futures and perps has surged up to 4.2 million ETH in […]

Advertisements Lower than expected inflation data sparks an instant rally in crypto, while the U.S. dollar pays the price. Bitcoin (BTC) regained $24,000 but failed to hit new multi-month highs on Aug. 10 as United States inflation appeared to be slowing. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView CPI cuts risk assets much-needed slack Data […]

Advertisements Summary: U.S. Inflation numbers were released on Wednesday, triggering a move in the price of crypto assets. Consumer Price Index data stood at 8.5% for July 2022. The numbers fell from the 9.1% level reported in June. It’s also the first time U.S. Inflation numbers have dipped since April 2022. Cryptos like Bitcoin and […]

Advertisements ”We believe that a smooth transition is essential for the long-term health of the DeFi ecosystem and its platforms, including those using our tokens,” Tether stated. Hot on the heels of an official announcement from USD Coin (USDC) issuer Circle Pay, stablecoin giant Tether has now also officially confirmed its support behind Ethereum’s upcoming […]

Advertisements “USDC as an Ethereum asset can only exist as a single valid ‘version,‘” said the team at Circle. On Tuesday, Circle, the issuer of the USD Coin (USDC) stablecoin, pledged its full support for the transition of Ethereum to a proof-of-stake, or PoS, blockchain after the much-anticipated Merge upgrade. The firm views the Merge […]