Ethereum Watch

The Pi Cycle Top indicator revealed that ETH’s possible market bottom was at $3k.  Most metrics looked bullish on ETH, but a few market indicators suggested otherwise.  After a week of nearly double-digit price drops, Ethereum [ETH] showed signs of recovery in the past 24 hours. In fact, if the latest data is to be […]

Bankrupt crypto lender Celsius Network has initiated legal proceedings against Tether, the company behind the USDT stablecoin. The lawsuit, which was filed concerning a contract dispute dating back to 2022, alleges that Tether violated their agreement by unjustifiably liquidating 39,542.42 Bitcoins that were held as collateral for a loan issued in USDT. Celsius contends that […]

Ethereum gas fees have plummeted to their lowest level in several years, driven by increasing transactions on the network’s layer-2 networks. Advertisements This significant drop has made on-chain transactions much cheaper for users and prompted discussions about their long-term effect on the network. Ethereum’s Gas Fee Reduction Leads to Supply Increase According to Etherscan data, […]

Like BTC ETFs, Ethereum ETFs also witnessed outflows over the past few days Metrics and market indicators suggested that Bitcoin’s bear rally might end soon though Despite the bearish market conditions, Bitcoin [BTC] ETFs witnessed promising inflows a few days ago. However, the trend changed over the last 24 hours. Advertisements Hence, it’s worth taking […]

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing […]

ETH and XRP saw double-digit spikes. XRP was in a bull trend at press time, while ETH remained stuck in a bear trend.  After a turbulent week marked by numerous sell-offs, Ethereum [ETH] and Ripple [XRP] have emerged as major assets experiencing significant rebounds. Advertisements XRP has seen more notable price movement, largely due to […]

Investors face a plethora of choices, each promising unique benefits and potential returns. Among the latest discussions is the choice between investing in Ethereum (ETH) ETFs and the newly launched Mpeppe (MPEPE). Market experts are diving deep into which of these options offers better long-term value. Let’s explore why Ethereum (ETH) ETFs and Mpeppe (MPEPE) […]

Key Takeaways Aave successfully executed $300M in liquidations during the market crash, contributing $6M in profits to its DAO. Liquid restaking tokens and yield-bearing stablecoins experienced brief depegs but quickly recovered, demonstrating market stability. Share this article Advertisements Advertisements Advertisements DeFi protocols demonstrated resilience during this week’s market crash, with Aave facing its largest liquidations […]

Pacmoon (PAC), the biggest meme coin on the Blast blockchain, has moved to Solana. This comes after the coin’s recent popularity boost, which has brought renewed interest in “social farming,” where creators interact, make content, and earn rewards. Advertisements This change adds to the ongoing debate between Solana and Ethereum, with people often discussing which […]

Solana ETFs approved by Brazil, set to begin trading this month. Most DePIN projects are built on the Solana blockchain.  Brazil has taken a significant step towards global cryptocurrency adoption by approving the world’s first Solana [SOL] spot ETF.  Advertisements This new fund is set to begin trading in August, as reported by Solana Floor […]