Ethereum Watch

Advertisements The last month has seen resurging activity in Ethereum’s Proof-of-Work network. This has been due to the general market rally. The EthereumPoW [ETHW] network has witnessed a significant upsurge in activity due to the recent market rally, on-chain data has revealed. This comes after an extended period of decline, during which demand for the […]

Advertisements Ethereum’s liquidation level increased once its price reached the $2,170 mark. Its exchange reserve was increasing, but the derivatives metrics looked bullish. Ethereum’s [ETH] price has once again gained bullish momentum as its price registered an increase in the last 24 hours. However, a short while ago, the token fell into a critical demand […]

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 The continuous influx of funds into crypto over the past six weeks surpassed the total inflows observed in 2022. Last week, Ethereum recorded its highest weekly inflows since August 2022. Digital asset investment products recorded inflows totaling $261 million last week, marking the sixth consecutive week of inflows, digital asset investment firm CoinShares found […]

Advertisements Large amounts of ETH get unstaked from CEXs. Activity on the network remained high, interest in NFTs grew. Ethereum [ETH], over the last few days, witnessed a surge in its price following BTC’s rally. However, in the staking landscape, the story was quite different. Not interested in the APR A crypto analyst noted a […]

Advertisements The Solana to Ethereum ratio returned to its level prior to FTX’s collapse in 2022. Despite the sideways market movement, coin accumulation continued to thrive. The Solana [SOL] to Ethereum [ETH] ratio has rallied steadily since September and has returned to its level prior to the collapse of crypto exchange FTX in November 2022, […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH has a bullish market structure on the daily chart. The resistance above $2000 combined with the findings from the liquidation levels heatmap showed a reversal was possible. Ethereum [ETH] has rallied strongly […]

Advertisements S&P 500 trended above BTC and ETH briefly in the past week. BTC and ETH maintained their prices above $35,000 and $1,800. During the past week, cryptocurrencies such as Bitcoin [BTC] and Ethereum [ETH] moved independently of the S&P 500 and Gold. Has this trend persisted into the new week, or has there been […]

Advertisements Solana’s recent milestones seem to have created discomfort within the Ethereum clan. While Ethereum L2s thrived with TVL, Solana pointed to its TPS. A few years ago, when Solana [SOL] launched, the Ethereum [ETH] community was thrown into chaos. The obvious reason for the disarray was because Solana, which combines the Proof-of-Stake (PoS) mechanism […]

Advertisements Pro Shares announced bearish Ethereum ETF. The price of ETH remains relatively stable; however, the chances of liquidation grew. The cryptocurrency community is generally optimistic about ETF approvals. ProShares has now introduced a unique ETF focused on Ethereum [ETH], which allows investors to bet against its price. Is your portfolio green? Check out the […]