Ethereum Watch

Ethereum price started a recovery wave above the $3,000 zone. ETH is now above the 100-hourly simple moving average and facing hurdles. Advertisements Ethereum found support at $2,820 and started a recovery wave. The price is trading above $3,100 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support […]

ETH’s price appreciated by over 5% on 3 May This contributed to a hike in the number of short positions liquidated Ethereum’s [ETH] 7% price rally during the intraday trading session on 3 May caused short liquidations on its derivatives market to rally to a two-month high, according to Coinglass.  Advertisements In fact, the on-chain […]

Michael Saylor predicts Ethereum will be classified as a crypto-asset security Charles Hoskinson was quick to respond to the Bitcoin maxi’s comments The United States is taking steps towards regulating the cryptocurrency market, beginning with platforms like Kraken, Coinbase, and Uniswap. Now, it would seem that it’s turning its attention towards Ethereum [ETH]. As expected, […]

Ethereum Name Service (ENS) has initiated a legal challenge against Unstoppable Domains (UD). It focuses on a contentious blockchain naming patent, marking a significant dispute in the blockchain industry.  Advertisements The patent, originally filed by Unstoppable Domains, ostensibly incorporates technology developed by ENS. This has led to accusations of intellectual property misappropriation. Ethereum Name Service […]

BTC and ETH traded below their maximum pain points, suggesting that traders might face severe losses Implied Volatility dropped, implying a lack of bullish expectations going forward Bitcoin [BTC] and Ethereum [ETH] options contracts worth about $2.3 billion are set to expire on Friday, 3 May. According to Deribit Exchange, the Bitcoin options are valued […]

The winds of change are swirling around Ethereum, the world’s second-largest cryptocurrency. Despite a recent price dip, the network has witnessed a surge in new user activity, sparking a wave of optimism. However, the outsized influence of large holders, known as whales, continues to cast a long shadow. Advertisements New Wallets Open For Business Data […]

Stablecoins are set to be “mainstream,” per Bitwise exec.  Exec suggests Ethereum, Solana as starting points for stablecoins investments. Asset manager Bitwise sees the booming $159.5 billion stablecoin market as another crypto frontier worth investors’ attention. Advertisements In Q1 2024 alone, Tether [USDT], the leading stablecoin issuer by market cap, netted a record $4.5 billion […]

Ethereum price started another decline and traded below $2,920. ETH could gain bearish momentum if there is a close below the $2,800 support zone. Advertisements Ethereum remained in a bearish zone and traded below the $2,900 zone. The price is trading below $2,950 and the 100-hourly Simple Moving Average. There is a connecting bearish trend […]

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Runes on Bitcoin’s blockchain can save traders from massive losses in the coming months. Staking on the Ethereum blockchain is on the rise, raising concerns about its future as “money.” Ahead of the FOMC meeting (Federal Open Market Committee) of May 2024, the crypto-market saw a significant decline. Bitcoin dropped to $56,494 – A level […]