Ethereum Watch

ETH bulls push past the $1800 and eye the $2,000 level in less than 4 weeks to the Shanghai upgrade. Low leverage underpins the current rally, lowering the risk of an extended downside. ETH bulls have finally summed up enough momentum to push out of its 6-month low range. Meanwhile, the Ethereum network just confirmed […]

The Goerli testnet witnessed a dip in participation rates. More than 15% of ETH’s total circulation supply was staked at press time. The highly-anticipated Shanghai upgrade also called Shapella, that would enable the withdrawal of staked Ethereum [ETH] has finally got a mainnet launch date, as decided during the network’s All Core Developers Call. Advertisements Much […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Advertisements The H4 market structure remained bearish. The daily chart showed that $1350 and $1280 could see some relief from the selling. News that Voyager was liquidating its Ethereum holdings saw the bearish pressure […]

ETH might be prone to more sell pressure as Voyager liquidates its holdings. Long positions shift in favor of shorts as bearish market conditions prevail. The ghost of 2022’s crypto contagion is yet to be exorcised. A wave of ETH sell pressure might be on the way courtesy of distraught crypto firm Voyager. Advertisements Realistic […]

Uniswap may have a solid competitor which has the backing of Lido Finance Although UNI active addresses are around the same zone, development activity is at its peak Uniswap’s [UNI] status as the top Automated Market Maker (AMM) could be at risk after a certain Maverick protocol announced a partnership with Lido Finance [LDO]. Like […]

Investors are funnelling funds into Short-BTC products after fourth consecutive week of outflows With the Shanghai Upgrade coming soon, investors will be cautious with ETH In a new report, digital asset investment firm CoinShares found that ongoing apprehension among investors regarding the uncertain regulatory landscape of crypto-assets led to a fourth consecutive week of outflows […]

ETH’s short-term recovery could depend on the USD and interest rates trend. Technical indicators suggest short-term consolidation. The first few days of March have failed to give Ethereum [ETH] holders a much-desired breather. Despite the reality of despair, any hope for respite could depend on one condition, according to Chris Burniske. Advertisements The ex-crypto investment […]

ETH’s latest liquidations indicate a bullish bias among investors. The king alt is back to uncertainty amid a fall in demand and sell press pressure.  ETH is experiencing a surge in leverage trades following the volatility and demand slowdown since early February. A contrast to its performance in January, but recent observations suggest an increased […]

Global crypto market capitalization declined by over 4% in the last 24 hours. Though BTC and ETH were affected, a few metrics predicted a trend reversal.  Coinbase on 2 March announced that it had frozen accepting or initiating payments to or from Silvergate. This episode happened as Silvergate, one of the most influential banks in […]

Ongoing voting showed that the Lido community would most likely support the Ethereum Shanghai Upgrade. The protocol’s TVL growth has evidently surpassed others. The call by Lido Finance [LDO] on its community to approve withdrawals on its Staking Router might have yielded the much-needed fruits. Advertisements According to the snapshot of voting, 100% of the […]