Ethereum Watch

Advertisements ETH reserves across centralized crypto exchanges fell to a five-year low. Staked ETH supply has been hitting new all-time highs almost daily. Ethereum’s [ETH] liquid supply plummeted to new depths, as seasoned investors explored options other than active trading. As per a recent update by on-chain analytics firm Glassnode dated 11 August, ETH reserves […]

Advertisements ETH’s price volatility has dropped to its lowest point in a decade. Its correlation with BTC might keep its price stagnated for a while. In its 10-year history, Ethereum’s [ETH] volatility has dropped to its lowest level, data from IntoTheBlock revealed. At the time of writing, this was 16%. Ethereum’s volatility is at a […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements A bounce in ETH prices searching for liquidity near $1850 was a possibility. The lack of volatility meant traders looking to enter the market can wait for more favorable conditions Ethereum [ETH] was […]

Advertisements The launch of PYUSD had little to no impact on the market. Analysts opined that regulators would approve several Ethereum futures ETFs. This year, the evolution of the cryptocurrency market has been marked by various milestones. First, it was the approval of a leveraged Bitcoin [BTC] Exchange Traded Fund (ETF). Now, payment giant PayPal […]

Advertisements Paypal launched its stablecoin as an ERC-20 token on the Ethereum network. Sentiment around Ethereum improved, but price movement remained the same. Recently, online payment leader PayPal forayed into the digital currency sphere via its own stablecoin named PayPal USD [PYUSD]. The stablecoin will maintain a 1:1 peg to the US dollar and derive its […]

Advertisements Ethereum’s Galaxy Score was high, which was a typical bull signal. Whales continued to accumulate, and derivatives metrics were positive. Ethereum [ETH] has been sitting comfortably under the $1,900 mark, because of which investors have been bearing losses. In fact, the king of altcoins’ number of addresses in profit reached a one month low. […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements For some time, Ethereum [ETH] has been experiencing a relatively subdued period in the market. However, analysts are cautioning against interpreting this phase as a weakness in the altcoin. Some of those backing ETH […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH’s price action remained below the 12-hour chart order block. A breach of the range-low ($1828) could tip ETH to sink lower. The king of altcoins, Ethereum [ETH], has remained below a key […]

Advertisements Put options for ETH rose significantly, indicating bearish sentiment within the market. Implied Volatility witnessed an uptick as price declined. Despite earnest endeavors from Ethereum’s [ETH] development team to enhance the protocol, the price of ETH experienced a significant downturn in the past month. This decline exaggerated the bearish sentiment in the market towards […]

Advertisements The NFT volume on the blockchain reached its lowest since November 2022. Blur dominated OpenSea but trading activity on both marketplaces decreased. Once recognized as a thriving landscape of digital art and collectibles, the Ethereum [ETH] NFT market was now experiencing a period of turbulence as activity and volume took a notable downturn. According […]