Ethereum Watch

Advertisements Ethereum has a bullish structure on the weekly chart. The two key range resistance levels overhead line up well with the liquidation heatmap. Ethereum [ETH] bulls took over a month to breach the resistance at the $2.4k mark. The Bitcoin [BTC] spot ETF approval news took Ethereum to the local high at $2.7k, but […]

Advertisements Bitcoin’s total transaction count plunged in the last seven days. Bitcoin ascended to $42,000 as the weekend started Transaction fees across major blockchain networks declined drastically in recent days, raising concerns about lower demand and adoption. Less network utilization Bitcoin [BTC] and Ethereum [ETH] witnessed more than a 30% contraction in money paid by […]

The Ethereum network stands as a revolutionary innovation in the realm of blockchain technology. It serves as a robust platform for building and deploying decentralized applications (dApps), fueling the growth of decentralized finance (DeFi) and transforming the way we interact with financial services. However, with its widespread adoption and increasing popularity, Ethereum has faced challenges […]

Advertisements Celsius moved $1 billion worth of ETH. ETH ETF approval got delayed, but price of ETH remain unaffected. The now-inoperative crypto lending platform Celsius made significant transfers of Ethereum [ETH] to centralized exchanges over the last few days. The latest transaction involved a substantial 459,561 ETH, valued at around $1 billion at press time. […]

Advertisements Blackrock gets delayed spot ETH ETF decision. ETH hits six consecutive days of downtrends. Following the approval of Bitcoin [BTC] spot ETFs, the focus has shifted to Ethereum [ETH] spot ETF proposals submitted to the SEC. The prominent institutions that spearheaded spot BTC ETFs are now leading the way for spot ETH ETFs, with […]

A crypto analyst, Elja on X, predicts that Ethereum (ETH) will reach a staggering $15,000 by 2025 based on technical analysis. The analyst argues that the current bearish sentiment in the crypto market is “temporary.” Advertisements Moreover, Elja notes that the second most valuable coin by market cap follows a similar fractal pattern that fueled its […]

Advertisements Opinions clash on the possible approval of a spot Ethereum ETF Final decisions are expected between May and August Excitement is mounting over the U.S. Securities and Exchange Commission’s (SEC) impending decision on several applications for Ethereum spot exchange-traded funds (ETFs). The same was highlighted by Fox Business’s Eleanor Terrett in her latest post […]

Advertisements Celsius made massive ETH transactions in the wake of its bankruptcy proceedings. Gas usage on the network declined, however, NFT activity remained high. The most recent data insights from on-chain analytics provider LookonChain revealed massive transactions within the Celsius wallet over the past 10 hours. Specifically, a deposit of 13,000 Ethereum [ETH], valued at […]

An Ethereum (ETH) whale has recently executed a series of transactions, carrying out a considerable movement of funds across various platforms. The blockchain analytics platform Spot On Chain initially brought to light this activity, involving roughly $46.02 million in ETH tokens. Advertisements Deciphering The Whale’s $46M ETH Transfer Across Major Platforms The whale, operating through […]

Advertisements Since ETFs were approved, the Ethereum Coinbase Premium Gap has declined. The coin’s price remained prone to swings despite the decrease in volatility. Ethereum’s [ETH] Coinbase Premium Gap has shrunk since the launch of Bitcoin [BTC] spot exchange-traded fund (ETF) on the 10th of January, data from CryptoQuant revealed.  This metric tracks the difference […]