Ethereum Watch

A long-standing Ethereum investor known by their wallet address 0x2ce recently transferred a significant quantity of Ethereum (ETH) to Coinbase. Advertisements This movement involved 4,153 ETH, valued at approximately $12.17 million, based on the current exchange rate of $2,931 per ETH. Are Long-Term Ethereum Investors Cashing Out? Initially, 0x2ce sent the funds to an intermediary […]

Ethereum price is gaining bearish momentum below $2,950. ETH might continue to move down toward the $2,550 support in the near term. Advertisements Ethereum struggled to clear the $2,950 resistance and started a fresh decline. The price is trading below $2,920 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]

The positive reading of the bulls and bears indicator suggests that the price might increase. Ethereum’s network was overvalued and could hinder the potential upswing. The price of Ethereum [ETH] might have decreased by 7.30% in the last 24 hours, but an assessment of a key indicator suggested that the decline might soon end. Advertisements […]

Ethereum (ETH) tumbled 6.45% in the past week, marking a rough stretch for the world’s second-largest cryptocurrency. Generally, Ether has left investors much to desire in recent times with a price decline of 16.57% over the last few months. Amidst this bearish market, a crypto whale has sold off all his Ethereum tokens drawing much […]

Ethereum’s fees hit a six-month low in the past seven days. ETH was down by 6%, and metrics looked bearish.  As L2s gain popularity, Ethereum’s [ETH] network usage plummets, reaching a six-month low. Advertisements This aligned with Vitalik Butarin’s 2020 roadmap, which aimed to enhance scalability by offloading transactions from the mainnet. In the meantime, […]

The crypto market has recently witnessed a downturn, marked by significant price drops in major assets like Ethereum and Bitcoin. Advertisements Particularly, Ethereum (ETH) seems to be grappling with pronounced bearish trends, leading many crypto analysts to predict further declines for the second-largest crypto by market capitalization. Ethereum Risks Falling to $2500 According to a […]

The number of new ETH staked daily has dropped on the charts This can be attributed to the altcoin’s meek price performance The daily amount of new Ethereum [ETH] staked fell to a year-to-date (YTD) low on 6 May, according to Glassnode’s data.  Advertisements Information from the on-chain data provider revealed that the number of […]

In a recent interview with BeInCrypto, Alan Scott, a researcher at Railgun, elaborated on the recent endorsement by Ethereum co-founder Vitalik Buterin. Advertisements This endorsement highlights the advancements and the unique privacy features that Railgun aims to bring to the decentralized finance (DeFi) sector. DeFi Through Zero Knowledge Proof Tech Railgun leverages zero-knowledge proofs (zk-SNARKs) […]

The journey toward approving Ethereum (ETH) exchange-traded funds (ETFs) faces considerable hurdles despite its promise for the crypto market. Advertisements The US Securities and Exchange Commission (SEC) has shown a cautious approach, mirroring Bitcoin ETFs’ pathway before their eventual approval. Bundeep Singh Rangar, Founder and CEO of Fineqia, in an interview with BeInCrypto, highlighted the […]

The Ethereum Foundation, a non-profit organization that supports the Ethereum ecosystem, recently transferred a significant amount of ETH. Given what this transaction could imply, it has drawn the crypto community’s attention, which is already speculating about whether the market top might be in.  Advertisements Ethereum Foundation Moves 1,000 ETH On-chain analytics platform SpotOnChain revealed in […]