Ethereum Watch

Altcoin dominance has declined by 15% in the last month. The demand for ETH remained significantly low, putting the altcoin at risk of a further price decline. Altcoin dominance has cratered by double digits in the last month. At 9.88% at press time, it has fallen by 15% in the past 30 days, according to […]

Bitwise Asset Management has revealed significant updates in its S-1 registration form for the company’s Ethereum (ETH) exchange-traded fund (ETF). Advertisements These disclosures come as Bitwise and other major asset managers await the US Securities and Exchange Commission’s (SEC) approval to list and trade these products. Bitwise Details ETF Shares and Pantera’s Interest In its […]

Ethereum’s value surged beyond $3,500 following the conclusion of the US Securities and Exchange Commission’s (SEC) prolonged investigation. Advertisements Previously, there were looming doubts about Ethereum potentially being classified as an unregistered security. This uncertainty had been a significant concern for investors, affecting the asset’s market performance. However, the investigation’s closure has now reinstated investor […]

Ethereum price started a fresh increase from the $3,350 support zone. ETH is outperforming Bitcoin and might rise further toward the $3,650 resistance. Advertisements Ethereum is gaining pace from the key $3,365 support zone. The price is trading above $3,450 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend […]

Ethereum whales accumulated large amounts of ETH in the last few days. Developments for Ethereum ensued, price remained stagnant. Ethereum’s [ETH] price has remained stagnant over the last few days, despite this, whales have shown interest in the ETH token. Advertisements Ethereum whales move in The number of Ethereum wallets holding significant amounts of ETH […]

A prominent Ethereum whale with the wallet address 0xf07 has offloaded $35.4 million worth of Ethereum (ETH) over the last two days. This transaction comes at a critical time when Ethereum’s price has sharply declined, falling below the $3,500 mark. Advertisements Meanwhile, many other long-term holders have started reducing their Ethereum exposure. Ethereum Whales Decrease […]

Prominent crypto analyst Jelle has projected Ethereum (ETH) to surge to $5,000 by the end of this year. This prediction comes with a notable reason from a technical perspective. Advertisements Ethereum Rally: Setting the Stage For New Peaks Jelle’s forecast comes after Ethereum is experiencing a form of stabilization above the $3,500 mark, following a […]

While Open Interest increased, Funding Rate stalled. The price of the altcoin might keep swinging between $3,400 and $3,600 in the short term. One day after Ethereum’s [ETH] Open Interest dropped to $13.14 billion, it added another billion to its value. At press time, the Open Interest (OI) was $14.10 billion, according to data from […]

The Ethereum ecosystem recently saw an unprecedented surge in transactions per second (TPS). According to L2beat data, on June 16, Ethereum’s scaling networks, including both layer-2 (L2) and layer-3 (L3) solutions, achieved a combined 245.87 TPS. This figure translates to approximately 21.2 million transactions in a single day. Advertisements Interestingly, this surge was driven by […]

Ethereum price started a fresh increase from the $3,365 zone. ETH outperformed Bitcoin and might aim for a move toward the $3,800 resistance zone. Advertisements Ethereum started a recovery after the bulls appeared near the $3,365 zone. The price is trading above $3,550 and the 100-hourly Simple Moving Average. There was a break above a […]