Ethereum Watch

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Advertisements Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has […]

ETH saw more inflow into exchanges in the last trading session. The ETH balance on exchange has continued to decline. A recent analysis of Ethereum’s [ETH] market activity revealed a pattern of accumulation and sell-offs by different addresses over the last few days. Advertisements Despite these mixed trends, the overall volume of ETH on exchanges […]

The number of Bitcoin (BTC) millionaires has soared by 111% this year, driven largely by the rise of crypto exchange-traded funds (ETFs). Advertisements The approval of spot Bitcoin ETFs, followed by Ethereum (ETH) ETFs, has attracted institutional players to crypto, creating a new wave of demand beyond retail investors. Bitcoin ETFs Fuel Increase in BTC […]

Despite crypto whales offloading large amounts of Ethereum (ETH), the asset’s staunch supporters remain optimistic. Recent data highlights a trend of stakeholders moving large volumes of ETH, likely for sale, amidst a general downturn in crypto asset prices. Advertisements Moreover, the spot Ethereum ETFs have been recording outflows for the past eight trading days. Crypto […]

Ethereum has failed to hold levels above $2,800, with the recent uptrend showing signs of weakening. Despite the exchange-supply ratio at record lows, ETH price continues to struggle. Ethereum [ETH] jumped to a multi-week high above $2,800 on the 24th of August as the broader cryptocurrency market rallied. ETH has since lost some of these gains, […]

Crypto analyst CrediBULL Crypto has provided deep insights into what to expect from the Ethereum price action going forward. The analyst predict that the second largest crypto token by market cap will still rise to $3,000 but noted that a crash will happen first.  Advertisements Ethereum To Rise To $3,000 Soon Enough In an X […]

The on-chain metrics showed bulls were eager to go long. The age consumed metric signaled caution while other metrics showed. The taker buy/sell ratio shot skyward for Ethereum [ETH] over the past couple of days. This metric tracks the taker buy volume to sell volume ratio. Values below 1 indicate bearish sentiment. Advertisements Advertisements Source: […]

As Ethereum (ETH) continues its steady march towards the $3,000 mark, investors are becoming increasingly bullish on the second-largest cryptocurrency by market capitalization. With Ethereum (ETH) currently trading between $2,600 and $2,700, analysts like Michael van de Poppe are predicting a breakout that could quickly push ETH to $3,100, with even loftier goals in sight. […]

The Ethereum Foundation is under fire for transferring 35,000 ETH, worth about $100 million, to the Kraken exchange without informing the community. On August 23, on-chain analytics firm Lookonchain reported the transaction, sparking widespread concern. Advertisements In response, Aya Miyaguchi, the Executive Director of the Ethereum Foundation, clarified that the transfer aligns with the Foundation’s […]

Ethereum formed similar structures on the price charts at similar times ETH set to close the gap created after falling below the critical support band Ethereum’s [ETH] recent price recovery from the $2,100-level has sparked speculation that it may replicate its 2016 and 2019 successes in 2024. Advertisements With Ethereum (ETH) poised to close a […]