Ethereum Watch

Resistance at $3,353 could force ETH to decline to $3,120. In the midterm, the price might fail to surpass $4,000. Ethereum’s [ETH] rise to $3,300 on the 28th of April returned optimism to the market. However, according to AMBCrypto’s analysis, the joy market participants might have had could be momentary. Advertisements One reason for this […]

Ethereum emerged as the best-performing cryptocurrency over the past week as its price rose by more than 6% to over $3,300. Advertisements Notably, blockchain analytical firm Santiment reported that the price increase coincided with a significant drop in transaction fees, which hit its lowest point in six months. Ethereum Gas Fees Hit Six-Month Low Ethereum’s […]

The tension between Consensys and the Securities and Exchange Commission (SEC) has escalated, sparking debates over the boundaries of regulatory oversight. Advertisements The crux of the matter centers on the SEC’s recent moves to classify Ethereum, the world’s second-largest cryptocurrency by market capitalization, as a security. The Case Against Ethereum as a Security Consensys argues […]

Consensys sued the SEC in Texas over Ether’s classification Org has challenged the SEC’s allegations, while advocating for fairness and clarity With the debate around Ethereum’s [ETH] possible classification as a security becoming long and tiresome, Consensys, a blockchain software giant, recently made news. It did so by taking a bold step and initiating legal […]

Ethereum co-founder Vitalik Buterin has responded to community concerns about the network’s transitioning from Proof-of-Work (PoW) to Proof-of-Stake (PoS). Advertisements Over the past week, Ethereum’s PoS transition faced scrutiny from community members, particularly amidst concerns it prompted increased scrutiny by US regulators. Was Ethereum’s Transition to PoS a Mistake? Since its launch in July 2015, […]

Nerayoff’s allegations against Ethereum add weight to its legal battle with the SEC.  Skepticism over fairness in SEC’s handling of Ethereum and Ripple, emphasizes transparency urgency. In an unexpected turn of events, Ethereum [ETH] has come into the limelight once again, this time over its status as a security. Advertisements Central to the issue is […]

Ethereum price is attempting a recovery wave above the $3,125 zone. ETH must clear the $3,200 resistance to continue higher in the near term. Advertisements Ethereum extended losses and tested the $3,075 support zone. The price is trading below $3,180 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support […]

Ethereum’s Supply on Exchanges increased in the last few days.  ETH was down by over 2%, and indicators looked bearish.  Ethereum [ETH] has witnessed a considerable amount of outflow from exchanges over the last week. This happened while its price action was bullish. Advertisements However, the market turned bearish in the last 24 hours. Did […]

The US Securities and Exchange Commission (SEC) has delayed decisions regarding options trading on spot Bitcoin exchange-traded funds (ETFs) and is expected to deny the proposals for Ethereum ETFs. Advertisements These decisions reflect the cautious approach of the regulatory body towards cryptocurrency products in the financial markets. SEC Might Delay Bitcoin and Ethereum ETFs The […]

In the last 24 hours, Ethereum (ETH) has seen a significant influx of nearly $57 million, predominantly driven by crypto whales despite a prevailing bearish sentiment in the broader market. Advertisements This development comes as Ethereum’s price struggles to maintain upward momentum. Examining Ethereum Whales Activities According to Spot On Chain, the buying spree involved […]