Ethereum Watch

Ethereum chalked out a classic descending channel pattern on the daily chart, confirming a bearish edge. The immediate support range at the $3,200 level can determine ETH’s near-term trajectory. Ethereum’s [ETH] reversal from the $3,900 resistance level over the past month has set the stage for the bears. Advertisements The altcoin’s increasing Open Interest trend […]

Ethereum Foundation’s mailing list leaked. An official confirmed the incident in a post, urging community members to avoid clicking suspicious links. Advertisements The exploiter capitalized on a vulnerability in the Foundation’s email automation service to access the subscribers’ list. Ethereum Foundation’s Email List Leaked Tim Beiko confirmed the leak of the Ethereum Foundation’s mailing list. […]

Spot Ether ETFs may reduce Ethereum’s price to as low as $2,400. Institutional interest in Ethereum is less compared to Bitcoin, affecting ETF conversion rates. As Ethereum [ETH] trails Bitcoin in performance, its price has seen a 5.1% decrease over the past 24 hours, bringing it to a current valuation of $3,315. Advertisements This recent […]

Popular crypto analyst degentrading (@degentradingLSD) has made a bold prediction that Ethereum will reach $6,000 by September 2024. This prediction comes in response to an analysis by Mechanism Capital founder Andrew Kang, who expects Ethereum to underperform despite the imminent launch of US spot Ethereum ETFs. Advertisements Andrew Kang’s analysis projects a continued downtrend for […]

Ethereum outperformed all other networks in terms of development activity. Whale interest in ETH declined significantly in the last few days. The recent buzz around ETFs on the Ethereum [ETH] network did not interrupt development activity on the Ethereum network one bit. Advertisements Development on the rise Ethereum had one of the highest number of […]

Data revealed that the memecoin’s strong ties to ETH could stall further growth High exchange outflows might help PEPE Frog-themed memecoin Pepe [PEPE] was one of the few top-50 cryptocurrencies to register gains in the last 24 hours. At press time, PEPE was trading at a value of $0.000011, following a 3.35% hike its its […]

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Advertisements Semilore is drawn to the efficiency of digital assets in […]

On June 21, major asset management firms, including BlackRock, VanEck, Franklin Templeton, Grayscale Investments, Invesco Galaxy, 21Shares, and Fidelity, submitted updated S-1 Registration Statements to the US Securities and Exchange Commission (SEC) for spot Ethereum (ETH) exchange-traded funds (ETFs). Advertisements These new filings include more details on seed investments and fees, boosting confidence that these […]

Data showed that the latest upgrade could tank BNB Chain’s revenue. Broader trader sentiment was positive, suggesting that BNB’s price can retest $600. On the 20th of June, BNB Chain, the decentralized blockchain ecosystem released a major update. According to the chain, through BEP 336, users on the network can make transactions with a 90% […]

Asset management giant Bitwise recently launched a groundbreaking advertisement campaign for Ethereum (ETH). The 39-second advertisement emphasizes Ethereum’s unique capabilities compared to traditional finance. Advertisements The ad, featuring Michael Tacconi as Ethereum and Jamie Kaler as Big Finance, humorously showcases Ethereum’s 24/7 accessibility. Bitwise Campaign Mints TV Ad as NFT to Support Developers The ad […]