Ethereum Watch

The cryptocurrency market is witnessing an exciting development with the rise of Mpeppe (MPEPE), a unique fusion of sports passion, blockchain innovation, and meme culture. Ethereum (ETH) investors are playing a significant role in this surge of popularity, recognizing the potential and transformative power of Mpeppe (MPEPE). This article explores the reasons behind the growing […]

Ethereum witnessed a more severe correction last week than Bitcoin.  Metrics suggested that selling pressure was high on BTC and ETH, but ETH had an edge.  Bitcoin [BTC] remained in the limelight over the last week as it approached $70k, but later plummeted near $66k. Ethereum [ETH] had a tougher week as it witnessed a […]

Grayscale’s Ethereum Trust ETF saw $1.5 billion in outflows from the 23rd to the 26th of July. BlackRock’s iShares Ethereum Trust ETF attracted $87.2 million in inflows on the 26th of July. Since the approval of the spot Ethereum [ETH] ETF for trading, Grayscale Ethereum Trust ETF [ETHE] has experienced significant outflows. Advertisements Grayscale breaks […]

Stablecoin supply grew in the last few days. USDT and USDC continued to dominate the market capitalization. There has been a noticeable increase in the market capitalization and supply of stablecoins, particularly Tether [USDT] and USD Coin [USDC]. Advertisements This growth has been significantly influenced by the recent approval of an Ethereum [ETH] ETF, which […]

Spot Ethereum ETFs were approved for trading on 23rd July.  Despite ETH’s sluggish performance at press time, bullish momentum persists.  After much anticipation and several rounds of revisions, the spot Ethereum [ETH] ETF has finally received full and final approval to commence trading in the United States on 23rd July. Advertisements SEC greenlights spot Ethereum […]

Ethereum has been on the verge of surging past the $3.5k resistance level over the last five days Traders can anticipate a rally towards $3.9k, but chances of a bearish reversal thereafter would solidify Ethereum [ETH], at the time of writing, was trading below the $3.5k-$3.6k resistance zone. Its momentum has stalled over the past […]

Analysts claimed that the Alt season could lag amidst a possible BTC dominance surge.  But other observers expected the alt season to be trigged by the US spot ETH ETF launch.   The altcoin market could hit an inflection point this week as US spot Ethereum [ETH] ETF begin to trade. As the largest altcoin, ETH […]

Polygon network has seen a surge in RWA interest, including a recent ECB trial.  MATIC traction on the price charts has slowed slightly, with $0.51 as a key price level.  Polygon [MATIC] founder Sandeep Nailwal has acknowledged rising Real World Asset (RWA) interest in the Ethereum [ETH] L2 network. His remarks followed the European Central […]

ETH is still stuck below its short-moving average. The price trend, however, showed that bulls were active in the market. In recent days, Ethereum [ETH] has been experiencing a series of uptrends, with any declines noted being too mild to impact its overall upward trajectory significantly. Advertisements As ETH’s price continues to climb, traders are […]

Grayscale makes U-turn on Mini Ethereum Trust, drops fees to 0.15% Is that enough to minimize the potential ETHE outflows and keep ETH above $3K?  The 17th of July saw a lot of outrage over Grayscale Ethereum [ETH] ETF’s hefty 2.5% fees, which were 10X higher than its ETHE competitors. Advertisements In fact, senior Bloomberg […]