Ethereum Watch

Stablecoins are set to be “mainstream,” per Bitwise exec.  Exec suggests Ethereum, Solana as starting points for stablecoins investments. Asset manager Bitwise sees the booming $159.5 billion stablecoin market as another crypto frontier worth investors’ attention. Advertisements In Q1 2024 alone, Tether [USDT], the leading stablecoin issuer by market cap, netted a record $4.5 billion […]

Trading volumes in crypto have plummeted to January lows. Bitcoin and Ethereum prices have declined slightly, impacting market activity. The crypto market is witnessing a significant lull, with trading volumes dropping to levels not seen since the start of the year. Advertisements This downturn accompanies a noticeable decrease in the prices of major cryptocurrencies, with […]

Lido’s price rise leads to an increase in the market cap of liquid staking assets. At the time of this writing, LDO was trading at approximately $2.13 As the past week drew to a close and the new one began, Ethereum [ETH] experienced a minor rebound. Similarly, Lido Dao witnessed a comparable movement. Advertisements Data […]

Resistance at $3,353 could force ETH to decline to $3,120. In the midterm, the price might fail to surpass $4,000. Ethereum’s [ETH] rise to $3,300 on the 28th of April returned optimism to the market. However, according to AMBCrypto’s analysis, the joy market participants might have had could be momentary. Advertisements One reason for this […]

Nerayoff’s allegations against Ethereum add weight to its legal battle with the SEC.  Skepticism over fairness in SEC’s handling of Ethereum and Ripple, emphasizes transparency urgency. In an unexpected turn of events, Ethereum [ETH] has come into the limelight once again, this time over its status as a security. Advertisements Central to the issue is […]

Ethereum’s Supply on Exchanges increased in the last few days.  ETH was down by over 2%, and indicators looked bearish.  Ethereum [ETH] has witnessed a considerable amount of outflow from exchanges over the last week. This happened while its price action was bullish. Advertisements However, the market turned bearish in the last 24 hours. Did […]

Active addresses on the protocol were six times that of Ethereum. NEAR’s price might continue to outclass ETH despite the difference in developments.  Not only has NEAR Protocol’s [NEAR] price beaten Ethereum [ETH] hands down in the last seven days, but it has also surpassed the blockchain on many other fronts. Advertisements At press time, […]

MKR’s price decoupled from ETH as MakerDAO sold some tokens. On-chain and technical analysis suggested a bounce to $3,545 when the selling pressure halts. For the past two weeks, a certain multisign wallet, linked to MakerDAO, has moved $14.4 million worth of MKR to different exchanges. Advertisements According to Spot On Chain, some platforms the […]

Bullish Ethereum whales got liquidated due to highly volatile price movements. Holders remained unprofitable despite rising prices. Ethereum [ETH] has experienced massive volatility over the past week, causing traders to lose money left right and center. Advertisements Whales see red Not only retail investors, but some whales have also been subject to liquidations over the […]

ETH has corrected as much as 17% over the week, and could fall further below $2,400. The market sentiment for ETH was neutral as of this writing. Ethereum [ETH] dipped below $3,000 in the last 24 hours, following a 3.24% fall in its price, according to CoinMarketCap. Advertisements The second-largest cryptocurrency has corrected as much […]