Ethereum Watch

Ethereum price started a fresh increase above the $2,550 resistance. ETH is following Bitcoin’s rally, but it is lacking the same strength. Advertisements Ethereum started a decent increase above the $2,600 zone. The price is trading above $2,550 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at […]

In just the past week, more than $750 million worth of Ethereum has been withdrawn from major crypto exchanges.  Advertisements This trend often suggests that investors are opting for long-term holding rather than preparing to sell. According to CoinMarketCap data, the altcoin’s daily trading volume has also surged over 80%.  Ethereum’s Exchange Reserves Keep Declining […]

Ethereum price extended losses and tested the $2,380 support zone. ETH is recovering losses and struggling to gain pace for a move above the $2,5250 level. Advertisements Ethereum started a recovery wave from the $2,380 zone. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming […]

Ethereum co-founder Vitalik Buterin recently addressed why the Ethereum Foundation, the non-profit supporting the blockchain network, opts to sell its ETH holdings rather than stake them. Advertisements His comments follow increasing community criticism, calling on the Foundation to manage its resources more responsibly. Why the Ethereum Foundation Doesn’t Stake Its ETH In an October 27 […]

Ethereum has experienced a sharp retrace, dropping over 13% since Monday and stirring concerns among investors who had anticipated a breakout. This sudden pullback, which took ETH as low as $2,380 on Friday, has injected a sense of worry into the market, leaving many to question the strength of its recent rally. However, on-chain data […]

Ethereum’s co-founder, Vitalik Buterin, has presented “The Purge,” the fifth installment in a series of proposed upgrades designed to streamline the Ethereum network’s data storage and protocol complexity. Advertisements This update is crucial as Ethereum’s long-term scalability, security, and sustainability hinge on a stable, manageable data architecture. Tackling Ethereum Data Storage Buterin’s Purge upgrade introduces […]

In a recent report by the Wall Street Journal (WSJ), it was alleged that Tether is currently under federal investigation for potential violations related to sanctions and anti-money laundering (AML) regulations in the US.  Advertisements The inquiry, reportedly led by prosecutors from the Manhattan US Attorney’s Office, is said to focus on whether Tether’s stablecoin, […]

Traders and investors in the crypto market should brace for volatility, with $5.26 billion worth of Bitcoin and Ethereum options expiring today. Advertisements Specifically, Bitcoin (BTC) options due for expiry total $4.25 billion in notional value, while Ethereum (ETH) options account for $1.01 billion. With this, markets await the impact of such expansive contracts’ expiring. […]

Ethereum price extended losses and tested the $2,450 support zone. ETH is recovering losses and struggling to gain pace for a move above the $2,550 level. Advertisements Ethereum started a recovery wave from the $2,450 zone. The price is trading below $2,560 and the 100-hourly Simple Moving Average. There was a break above a key […]

Kraken’s Ink blockchain could democratize DeFi, fostering broader adoption and innovation by simplifying user experience and expanding app ecosystems. Advertisements The post Kraken to debut Ink blockchain for DeFi trading and lending next year appeared first on Crypto Briefing.