Ethereum Watch

Advertisements Summary: A digital wallet belonging to Axie Infinity CEO allegedly moved $3 million worth of AXS to Binance before the announcement of the $600 million exploit on the Ronin Bridge. Crypto Youtuber, Asobs, was the first to spot the significant AXS transaction from the wallet. Sky Mavis’ spokesperson has explained that the AXS was […]

Advertisements Ethereum network developers confirmed September as the date of the upcoming Merge, a move which prompted traders to flip long on ETH. Ether’s (ETH) 53% rally between July 13 and 18 gave bulls an edge in July’s $1.26 billion monthly options expiry. The move happened as Ethereum developers set a tentative date for the […]

The Federal Reserve has hiked interest rates by another 75 basis points. The rate hike comes after the Consumer Price Index revealed that inflation had hit a fresh 40-year high of 9.1% in June. Advertisements Now, the crypto market reacted in a positive manner with Ethereum [ETH] leading the charge. However, as per a famed […]

Ethereum and the crypto market slightly recovered some gains after the Federal Reserve (Fed) announced a 75-basis point (bps) interest rate hike. There was no surprise from the financial institutions, and the second crypto by market cap might be able to extend the bullish trend without external distractions. Advertisements Related Reading | TA: Bitcoin Price Restarts […]

Advertisements LDO has recently witnessed a growing bearish divergence between its price and key momentum oscillator. Lido DAO (LDO) price has skyrocketed by roughly 400% month-to-date to reach $2.22 on July 28, its highest level in over two months. LDO Mergified LDO price has benefited majorly due to its association with Ethereum, the leading smart […]

Advertisements Ethereum’s futures trading volume has exceeded bitcoin’s. Currently, the ETH volume is at $11 billion and the BTC volume is at $10 billion. Ethereum may be due for many more milestones as the Proof-of-Stake transition edges closer. Ethereum’s futures trading volume has crossed that of bitcoin’s for the first time in about a year, […]

Advertisements ETH price hit resistance at the $1,600 level, but this is not stopping options traders from opening fresh leveraged longs. Ether (ETH) is down 11.5% in seven days even after the recent confirmation of the “Ethereum merge” transition to a proof-of-stake (PoS) consensus network in September. During the Ethereum core developers conference call on […]

The month of July is coming to an end. Traders and long-term investors were hopeful of a strong recovery. But that didn’t materialize. Consequently, Ethereum couldn’t sustain its short-term gain. By looking at the market condition, it is probable that things may not get better for the king alt until the fourth quarter begins. Advertisements […]

Advertisements ETC’s ongoing price rebound looks eerily similar to a bull trap event from 2021. Ethereum Classic (ETC) continues to reap benefits from its blockchain rival Ethereum’s upcoming transition from proof-of-work (PoW) to proof-of-stake (PoS).  Vitalik Buterin likes Ethereum Classic Notably, ETC’s price jumped by a little over 20% to reach $27.50, two days after […]

Ethereum declined towards $1,350 before recovering higher against the US Dollar. ETH is now facing a major resistance near the $1,460 and $1,500 levels. Advertisements Ethereum extended losses and traded below the $1,400 level. The price is now trading below $1,460 and the 100 hourly simple moving average. There is a major bearish trend line […]