Ethereum Watch

Share this article Advertisements URL Copied Advertisements A Bitcoin (BTC) decentralized ecosystem has been in rapid development in 2024, with its total value locked (TVL) jumping 263% so far and surpassing $1 billion, according to data aggregator DefiLlama. Nevertheless, as a nascent sector where builders try to create applications compatible with other blockchains, new security […]

Analyst expects further ETH bullish momentum as options volumes remain high However, divergent views on non-staking ETH ETF demand persisted.  After reversing all the losses made between March and May, Ethereum [ETH] has been quiet on the charts, swinging around $3,800 for about two weeks now.  Advertisements Was it the calm before a spot ETH […]

Ethereum price is struggling to clear the $3,840 resistance zone. ETH could gain bullish momentum if it clears the $3,840 and $3,880 resistance levels. Advertisements Ethereum is holding gains above the $3,720 level. The price is trading above $3,750 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support […]

Year-to-date inflows into crypto products have surpassed $15 billion. Ethereum recorded its second week of inflows. Digital asset investment products recorded inflows totaling $185 million last week, marking the fourth consecutive week of inflows, digital asset investment firm CoinShares found in its new report. Advertisements Although this marked an 82% decline from the $1.05 billion […]

Ethereum price is showing a few bearish signs below the $3,840 support. ETH could gain bearish momentum if there is a clear move below $3,700. Advertisements Ethereum extended its decline and tested the $3,700 zone. The price is trading below $3,840 and the 100-hourly Simple Moving Average. There was a break below a key bullish […]

The US Securities and Exchange Commission (SEC) approving Ethereum spot ETFs was a big step for the cryptocurrency market. Advertisements The regulator’s decision followed the earlier approval of Bitcoin spot ETFs, which led to a massive inflow of capital into BTC. Ethereum ETFs Could Record Massive Inflows After Launch A prominent crypto researcher Bobby Banzai […]

Ethereum’s metrics revealed bulls have a reason to be concerned, despite its recent rally Higher timeframe bias was bullish, but a 2% -7% drop might happen within a week or two On 20 May, Ethereum [ETH] surged past its critical resistance zone at $3.1k after three weeks of trying. This move came soon after news […]

Significant movement has occurred in the crypto market since the US Securities and Exchange Commission’s (SEC) preliminary approval for spot Ethereum exchange-traded funds (ETFs). Advertisements A recent analysis by CryptoQuant highlights that unidentified entities have withdrawn over 800,000 Ethereum (ETH) from crypto exchanges, valued at approximately $3 billion. Surge in Ethereum Withdrawals Signals Investor Optimism […]

The winds of change are blowing through the Ethereum ecosystem. Since the long-awaited approval of spot Ether ETFs in the US on May 23rd, a quiet exodus of Ether has been underway. A massive amount of the world’s second-largest cryptocurrency, or around $3 billion, has vanished from centralized exchanges, marking the lowest level of Ether […]

Interest in Ethereum NFTs declined materially as sales plummeted over the past month. ETH’s price remained stable, but network growth continued to decline. Even though the price movement of Ethereum [ETH] was in a positive direction over the last few days, the ecosystem of Ethereum was facing some major problems. NFT volumes begin to fall […]