Ethereum Watch

Ethereum extended losses below the $3,300 support zone against the US Dollar. ETH price even traded below $3,200 and might continue to move down. Advertisements Ethereum started a major decline from the $3,450 resistance zone. The price is now trading below $3,200 and the 100 hourly simple moving average. There is a key bearish trend […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements A recent report highlighted how Ethereum was entering the “Belief” stage of a rally, based on the Net Unrealised P/L metric. Generally, when the metric tips green, a sustained rally on longer timeframes has […]

Advertisements ETH sold-off alongside the rest of the crypto market, leading analysts to warn of a drop to $2,900 if the current support at $3,200 fails. The cryptocurrency market is nearly completely red on April 6 after hawkish comments from multiple members of the Federal Reserve highlighted their opinion that aggressively raising interest rates and cutting […]

Key Takeaways A new standard for yield-bearing DeFi tokens has been finalized. ERC-4626 aims to make yield-bearing tokens more secure and easier to integrate into other DeFi protocols. Several protocols, including Yearn Finance, Alchemix, and Balancer, are planning to implement the finalized ERC-4626 standard.  Share this article URL Copied Advertisements A new Ethereum token standard […]

Advertisements From a Google trends spike to depleting supply, multiple catalysts have been hinting at more upside for Ethereum. Three market catalysts suggest that Ethereum’s native token Ether (ETH) is well-positioned to reach $4,000 this month. Google searches for “Ethereum merge” spike  Internet users’ interest in Ethereum’s upcoming network upgrade, dubbed “the Merge,” surged substantially […]

Ethereum started a sharp decline from the $3,530 zone against the US Dollar. ETH price dived to $3,260 and is currently correcting higher. Advertisements Ethereum started a major decline from the $3,530 resistance zone. The price is now trading below $3,400 and the 100 hourly simple moving average. There is a major bearish trend line […]

Asset correlations can put a lot of investors on edge, and sometimes, rightly so. For several months, analysts were probing and critiquing Bitcoin for its correlation to more traditional non-crypto stocks, worrying this might affect its status as an inflation hedge. That being said, new data from Santiment suggests that the crypto asset to watch […]

Key Takeaways While the Ethereum network is known for the crucial role it plays in the cryptocurrency ecosystem, ETH the asset is harder to define. ETH has previously been described as a “triple-point asset” and “ultra sound money” in Ethereum circles due to its utility and scarcity. Former BitMEX CEO Arthur Hayes argues that ETH […]

Advertisements In terms of adoption and TVL, layer-2 scaling solutions continue to lead the cryptocurrency industry by a wide margin. Hybrid computing platform Boba Network has joined the “crypto unicorn” rankings after raising $45 million in Series A funding, underscoring the investment appeal of Ethereum layer-2 scaling solutions.  The funding round had participation from several […]

Different headwinds across the globe have seriously affected digital assets directly or indirectly. These includes everything from inflation concerns, EU anti-crypto amendments to government bans. Whatever the reason be, investors want to reduce their exposure to risky assets. Advertisements Want this, not that  This year, the price swings in January and February have led to […]