Ethereum Watch

Ethereum price started a consolidation phase after a sharp decline. ETH must clear the $2,275 resistance to start a fresh increase in the near term. Advertisements Ethereum recovered losses after testing the $2,000 support zone. The price is trading below $2,320 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]

Advertisements Ethereum’s net supply has been shrinking at an annual rate of 0.248% Projections highlighted interesting observations for Ethereum’s supply More than 307,000 Ethereum [ETH] coins have exited circulation since the pivotal ‘Merge’ event. In fact, this was the lowest volume of ETH in circulation since the network made a historic shift from the proof-of-work […]

Advertisements Atlas Development Services executive Oscar Franklin Tan told Cointelegraph that to avoid the gas fees for transferring 200 million NFTs, it took a different approach in the migration. Nonfungible token (NFT) platform Enjin recently migrated over 200 million NFTs from Ethereum and a sidechain to its own Enjin Blockchain.  In an announcement received by […]

The Ethereum price has been among the worst hit in the flash crash that took place on Monday. The crash sent the asset’s price down below $2,200 for the first time in the last week and has continued to trend low around this point. As the market shows a bit of recovery momentum, questions remain […]

Recent patterns indicate that the impetus fueling Ethereum’s climb is far from diminishing, and the price trajectory of the cryptocurrency has shown resilience. Ethereum may not be as advanced as some of its L1 competitors, but it stands out from the crowd thanks to its large developer community, immense acceptance, and crucial role in DeFi […]

There is a spike in crypto on-chain activity if transaction fees lead. According to IntoTheBlock data on December 8, Bitcoin transaction fees are up by over 60%, while “gas” in Ethereum has climbed by nearly 50% in the past week.  Advertisements Bitcoin And Ethereum Transaction Fees Rise By Double-Digits This surge in activity can be pinned […]

The market performance of Ethereum has been steadily rising since October, marking a positive and long-lasting trend. Increased buying activity has been the main driver of this positive momentum that has persisted over time, pushing the cryptocurrency beyond the vaunted $2,000 resistance mark and igniting a continuing rally. Advertisements The value of Ethereum has sharply […]

Advertisements Bitcoin takes a back seat on low timeframes as ETH and SOL claw back crypto market cap share from BTC. Bitcoin (BTC) struggled to hold above $43,000 into Dec. 8 as an altcoin surge put Ether (ETH) in the spotlight. Data from Cointelegraph Markets Pro and TradingView showed ongoing BTC price consolidation as ETH/USD […]

A dormant Ethereum whale has resurfaced, moving their 39,260 ETH worth approximately $87.5 million. According to data from Lookonchain, this Ethereum whale with almost $90 million in ETH recently woke up and decided to move its mountain of digital assets to an exchange.  Advertisements Although it is unclear the motive behind this transfer, it appears […]

Data shows that the Tether (USDT) market cap is almost $90 billion. Here’s why this growth could matter for the price of Bitcoin. Advertisements Tether Market Cap Has Continued To Observe A Rise Recently Tether is a cryptocurrency pegged to the US Dollar, meaning its price remains stable around the $1 mark. The asset is […]