Ethereum Watch

Solana (SOL) has been completely engulfed in FUD since the FTX crash. This invariably resulted in the price of the token declining much faster than the rest of the market, and last week, SOL touched single-digit values for the first time in almost two years. However, there seems to be a turn in the tide […]

Ethereum is trading in a range below $1,250 against the US Dollar. ETH could continue to move down below if it stays below the $1,220 resistance. Advertisements Ethereum is still trading in a range below the $1,200 and $1,220 resistance levels. The price is now trading below $1,200 and the 100 hourly simple moving average. […]

This year, the cryptocurrency market saw a significant decrease in value, losing over $1.4 trillion. This decline was due to various issues faced by the industry, including failed projects and a lack of liquidity. Advertisements The industry faced several challenges, with a number of prominent players within the ecosystem filing for bankruptcy, including BlockFi, Celsius, […]

Crypto Punk NFT sold for six times the amount it was bought. NFT market would need some crypto price recovery to sustain a 2023 revival. If you were of the viewpoint that the NFT market year would end in a turnaround, then you may not be too far from the truth. Despite a rally on […]

Activity on DEXes on Ethereum increased over the last few years. Moreover, the number of validators on the Ethereum network grew. According to a tweet by Delphi Digital on 29 December, the DEX activity on Ethereum [ETH] surged significantly over the past year. One reason for the same could be the mistrust in CEXes caused […]

Advertisements Vitalik Buterin says that “smart people” have told him Solana has an “earnest” developer community. Ethereum founder Vitalik Buterin showed sympathy for competitor Solana (SOL) in a Dec. 30 tweet. He said that “smart people” tell him that Solana has “an earnest smart developer community,” and suggested that the opportunists who were involved with […]

Data shows Ethereum’s year of high correlation with Bitcoin is coming to an end with the metric hitting ATH values. Advertisements Ethereum Ends 2022 With All-Time High Correlation To Bitcoin According to the year-end report from Arcane Research, the global markets have all fallen strongly correlated this year. The “30-day correlations” is an indicator that […]

Advertisements ETH price bulls struggle as futures remain trading below its fair value, signaling excessive demand for shorts. Ether (ETH) has been ranging near $1,200 since Dec. 17, but an ascending trend has been quietly gaining strength after 50 consecutive days. The pattern points to $1,330 or higher by March 2023, making it essential for […]

A decline in ETH’s Transaction Count metric suggests that it might touch $1000 in the coming year. On-chain assessment confirmed the prolonged decline in market activity.  With a consistent decline in new demand for leading altcoin Ethereum [ETH], its price might fall below the $1000 mark, CryptoQuant analyst Greatest Trader opined.  Advertisements Read Ethereum’s [ETH] Price […]

Ethereum is still showing bearish signs below the $1,200 zone against the US Dollar. ETH could continue to move down below the $1,180 support zone. Advertisements Ethereum is attempting a minor upside correction towards the $1,200 barrier. The price is now trading below $1,200 and the 100 hourly simple moving average. There was a break […]