Ethereum Watch

Advertisements Arbitrum’s weekly derivatives transaction volume reached an all-time high in the last week. ARB’s value increased in the last month, but investors’ profits continued to drop. The weekly transaction volume of the derivatives protocols housed within leading Layer 2 network (L2) Arbitrum [ARB] climbed to an all-time high of $18 billion in the last […]

Ethereum price is gaining pace above the $2,800 support. ETH eyes more gains and might surge toward the $3,000 resistance zone. Advertisements Ethereum is consolidating gains above the $2,820 support zone. The price is trading above $2,850 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,850 […]

Advertisements Ethereum showed strong bullish sentiment on the price charts. A retest of the range highs would provide an ideal buying opportunity. Ethereum [ETH] saw a minor pullback from $2867 to $2719 from the 15th to the 17th of February. This came after the strong breakout past the range highs at $2.6k, a level that […]

Advertisements Gas price paid per transaction bounced to levels last seen during the memecoin frenzy of May 2023. ETH witnessed a minor retracement in the last 24 hours, dropping below $2,800. Transaction costs on Ethereum [ETH] rose to a 9-month high, spurred largely by the hype in the experimental token standard ERC-404. Users make a […]

A technical indicator shift has sparked predictions of an imminent altcoin surge, with one analyst on X forecasting gains as sharp as those posted in 2017 and 2021. Advertisements This Technical Indicator Just Shifted To Green Taking to X, the analyst said this optimism follows a change in the Gaussian Channel, a technical indicator used to assess […]

Advertisements The unique active addresses metric was yet to break out of a two-year downtrend. Analysis of the liquidation levels showed ETH bulls could be in for a surprise. Ethereum [ETH] has traded within a range since mid-December. This range extended from $2116 to $2614, and its mid-point at $2365 has served as a significant […]

Ethereum price is showing bullish signs above the $2,720 support. ETH eyes more gains and might surge toward the $3,000 resistance zone. Advertisements Ethereum is consolidating gains above the $2,780 support zone. The price is trading above $2,800 and the 100-hourly Simple Moving Average. There are two bullish trend lines forming with support at $2,825 […]

BlackRock, the world’s leading asset manager with an unparalleled record of 576-1 for exchange-traded funds (ETFs) approvals, eyes its next potential victory. The potential approval of a spot Ethereum ETF by the United States Securities and Exchange Commission (SEC). Advertisements This comes after the firm, alongside 13 institutional behemoths, celebrated the launch of the first […]

Advertisements Jeffrey Wilcke made another transfer of 10,000 ETH. ETH’s volume went over $25 billion. During the previous week, there were signs indicating that the co-founder of Ethereum [ETH], Jeffrey Wilcke, had transferred some ETH to an exchange. But on the 14th of February, Arkham Intelligence’s data revealed another significant transaction of 10,000 ETH, amounting […]

Advertisements ETH’s staked supply has more than doubled since the Shapella upgrade.  The number of validators looking to enter the network jumped to a 4-month-high. Ethereum [ETH] staking got a big boost with the launch of Shapella Upgrade last year, and since then, there’s been no looking back. According to on-chain research firm IntoTheBlock, Ethereum’s […]