Ethereum Watch

US Congressman Patrick McHenry accused Securities and Exchange Commission (SEC) Chair Gary Gensler of misleading Congress about Ethereum’s regulatory status. Advertisements The accusation follows a federal judge’s recent sanctions against SEC lawyers for dishonest court dealings, hinting at a troubling pattern within the agency. Did Gary Gensler Mislead Congress on Ethereum? During a session with […]

Ethereum price started another decline and traded below $3,000. ETH must stay above the $2,800 and $2,850 support levels to avoid a major drop. Advertisements Ethereum started another decline and tested the $2,900 zone. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with […]

Trading volumes in crypto have plummeted to January lows. Bitcoin and Ethereum prices have declined slightly, impacting market activity. The crypto market is witnessing a significant lull, with trading volumes dropping to levels not seen since the start of the year. Advertisements This downturn accompanies a noticeable decrease in the prices of major cryptocurrencies, with […]

Vitalik Buterin, co-founder of Ethereum, has introduced significant advancements in cryptographic proofs, notably enhancing verification speeds and simplifying the process. Advertisements These developments leverage new techniques in STARKs and introduce innovative tools like Plonky2 and Binius. These changes are set to improve the efficiency of blockchain technologies drastically. Fast and Easy to Verify Cryptographic Proofs […]

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Consensys has refuted the Securities and Exchange Commission’s (SEC) assertion that Ethereum could be considered a security following its transition to a Proof-of-Stake consensus mechanism.  Advertisements The software company, established by Ethereum co-founder Joe Lubin, filed a lawsuit in a Texas federal court against the SEC, arguing that the regulatory body is misapplying federal securities […]

Ethereum price struggled to recover above $3,350 and corrected gains. ETH is consolidating near $3,200 and facing many hurdles. Advertisements Ethereum started another decline and tested the $3,120 zone. The price is trading below $3,220 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support at $3,170 on the hourly […]

Lido’s price rise leads to an increase in the market cap of liquid staking assets. At the time of this writing, LDO was trading at approximately $2.13 As the past week drew to a close and the new one began, Ethereum [ETH] experienced a minor rebound. Similarly, Lido Dao witnessed a comparable movement. Advertisements Data […]

As the crypto market continues to navigate its intricate patterns, the rivalry between Ethereum (ETH) and Bitcoin (BTC) remains a focal point for traders and investors alike. Advertisements Recent analysis suggests a power struggle between Ethereum and Bitcoin in the coming month. Can ETH regain its bullish price action against BTC in May? Analyzing ETH/BTC: […]

Ethereum price rallied above the $3,300 level. ETH tested the $3,350 resistance and recently started a sharp decline below $3,300. Advertisements Ethereum rallied toward $3,350 before the bears appeared again. The price is trading below $3,220 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at […]