Ethereum Watch

Advertisements The Ethereum blockchain’s native asset broke its downward sloping resistance trendline to the upside, triggering a textbook bullish outlook. Ethereum’s native token, Ether (ETH), has the prospect of logging a 40% price rally against its top rival, Bitcoin (BTC), per a classic technical pattern. Dubbed a “symmetrical triangle,” the structure develops after the price […]

Advertisements Is BTC, crypto’s flagship, prepared to fend off Ethereum with its “incredible network value, rich community and pace of innovation?” “Ethereum’s ascent to the top of the cryptoverse seems unstoppable,” declared Nigel Green in mid-August, and it’s not hard to see why the deVere CEO thinks this. DeFi is on a tear, NFTs are […]

Advertisements On-chain data is showing more and more similarities to mid- and late-2020 — the springboard period for the Ether and Bitcoin bull market. Bitcoin (BTC) and Ether (ETH) have started showing “remarkable” bullish divergences that echo the start of bullish price trends. That’s according to the latest data collected by on-chain analytics firm Glassnode […]

Ethereum failed to clear the $3,350 resistance and corrected lower against the US Dollar. ETH price is still above the 100 hourly SMA and it could rise again to $3,350. Advertisements Ethereum seems to be facing a strong resistance near $3,350 and $3,380. The price is now trading above $3,200 and the 100 hourly simple […]

Share this article OpenOcean has integrated Avalanche. Advertisements OpenOcean Expands to Avalanche OpenOcean, the world’s leading DeFi and CeFi full aggregator, is excited to announce that it is now live on Avalanche, a highly scalable and open-source platform for launching DeFi applications and multi-functional blockchains. The Avalanche integration enables OpenOcean users to take advantage of […]

Ethereum failed to clear the $3,280 resistance and corrected lower against the US Dollar. ETH price must stay above $3,140 to avoid more downsides in the near term. Advertisements Ethereum seems to be facing a strong resistance near $3,280 and $3,300. The price is now trading below $3,200 and the 100 hourly simple moving average. […]

Kraken and five other DeFi projects contribute $250,000 each to support the teams that work on the Ethereum upgrade. In addition, they donated the sum to the ETH Foundation to develop the network’s version 2.0. Advertisements Open-source developer teams like Erigon, Besu, Nimbus, Geth, and Nethermind will join the ETH Foundation in the donation. 1/ […]

Key Takeaways Raydium is the biggest decentralized exchange on Solana. It aggregates liquidity from its own liquidity pools and Serum’s orderbook. Raydium is also the biggest market maker on Serum and one of few DeFi exchanges with a built-in limit orders option. In order to help grow the Solana ecosystem, Raydium built AcceleRaytor, a launchpad […]

Advertisements Layer-one projects register a steady inflow of new users as the cost of using the Ethereum network gives projects like Avalanche and Cardano room to gain a foothold in the market. The rise of decentralized finance and nonfungible tokens has transformed the blockchain ecosystem and generated near unimaginable riches for investors, but none of […]

On-chain data shows massive Ethereum outflows of 60k ETH on spot exchanges. Such deeply negative netflows could be a bullish signal for the coin. Advertisements Ethereum All Exchanges Netflow Shows Huge Negative Spike As pointed out by a CryptoQuant post, the Ethereum all exchanges netflow showed a negative spike yesterday as 60k ETH exited exchanges. […]