Ethereum Watch

The Hong Kong Securities and Futures Commission (SFC) has officially approved several spot Bitcoin and Ethereum exchange-traded funds (ETFs), a decision that marks a significant development in the region’s burgeoning crypto market. These approvals were granted to prominent asset managers including China Asset Management, Bosera Capital, and HashKey Capital Limited, alongside an in-principle approval for […]

Ethereum saw its market structure flip bearishly on the 12-hour timeframe. The idea of a range formation would be invalidated upon a price drop below $2850. Ethereum [ETH] investors could be in trouble as prices dipped below the psychological $3k support level. Advertisements The past week saw an increased whale activity and accumulation, but the […]

Ethereum’s price fell while network growth and velocity plummeted On a macro level, Ethereum’s network continues to see growth Ethereum [ETH] recorded a massive decline in price over the last 24 hours, along with the rest of the cryptocurrency market. At press time, ETH was trading at $3,267.60, with its value down by 7.22% on […]

Security concerns around Ethereum were explored by analysts. Activity on the Ethereum network remained high, and interest in NFTs fell. Ethereum [ETH] is known for its reliability and hasn’t faced any major issues. However, questions were raised about the network’s security recently. Advertisements Looking into the security aspect According to the findings of crypto analyst […]

Ethereum’s blockchain is set for another significant leap with the anticipated Pectra upgrade, following the successful Dencun upgrade that reduced transaction costs. Advertisements Slated for release between late 2024 and early 2025, the Pectra upgrade focuses on Ethereum Improvement Proposal (EIP) 3074 and EIP 2935. These vital modifications aim to transform how users interact with […]

Ethereum price is consolidating above the $3,450 support zone. ETH must clear $3,560 and $3,620 to start a fresh increase in the near term. Advertisements Ethereum is trading in a range above the $3,450 support zone. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There is a new connecting bearish trend […]

Analysts are undecided on whether there will be litigation if there is an ETH ETF rejection in May.  But the odds of approval in May remain very low across the board.  As the deadline draws closer, Ethereum [ETH] ETF approval odds in May seem unlikely. However, some have been quick to imagine what would happen […]

Ethereum price stayed above the $3,400 support zone. ETH is recovering losses, but it must clear $3,600 to continue higher in the near term. Advertisements Ethereum extended its decline and tested the $3,400 support zone. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish […]

Ethereum noted a decline in bullish conviction in the Futures market Coinbase Premium Index showed traders from the U.S are adamant about the altcoin Ethereum [ETH] rallied swiftly from $3.2k to $3.7k, making a 16.2% move in three days. However, the bulls were rebuffed at the same near-term resistance from a month ago – $3.7k. […]

The fate of spot Ethereum (ETH) exchange-traded funds (ETFs) hangs in the balance as the US Securities and Exchange Commission (SEC) inches closer to its decision deadline in May. Leading voices in the industry anticipate rejection of these investment products. Advertisements Jan van Eck, CEO of the asset management firm VanEck, recently voiced his skepticism […]