Ethereum Watch

ETH could rally 120% by the end of the current market cycle ETH ETF launch could catalyze the rally and its relative strength against BTC Ethereum [ETH] could post triple-digit gains by the end of this current market bull run, according to founders of the blockchain data intelligence firm Glassnode.  Advertisements The founders, Jan Happel […]

Despite high network activity, LTC was down by nearly 15% in the last 30 days.  Most metrics and indicators hinted at a continued price decline.  Litecoin [LTC] has failed to earn investors profits as it continues to drop on the list of the top 30 cryptos. However, the coin did manage to excel on a […]

Despite anticipation around the Ethereum ETF, ETH-based memecoins showed marginal gains. While some see bullish potential in Ethereum’s future, Andrew Kang predicted a possible price drop. Due to the anticipated approval of the Ethereum [ETH] ETF, altcoins are enjoying a bullish surge, while Bitcoin [BTC] is hovering near the $60k mark. Advertisements This has also […]

Ethereum chalked out a classic descending channel pattern on the daily chart, confirming a bearish edge. The immediate support range at the $3,200 level can determine ETH’s near-term trajectory. Ethereum’s [ETH] reversal from the $3,900 resistance level over the past month has set the stage for the bears. Advertisements The altcoin’s increasing Open Interest trend […]

Data revealed that the memecoin’s strong ties to ETH could stall further growth High exchange outflows might help PEPE Frog-themed memecoin Pepe [PEPE] was one of the few top-50 cryptocurrencies to register gains in the last 24 hours. At press time, PEPE was trading at a value of $0.000011, following a 3.35% hike its its […]

Data showed that the latest upgrade could tank BNB Chain’s revenue. Broader trader sentiment was positive, suggesting that BNB’s price can retest $600. On the 20th of June, BNB Chain, the decentralized blockchain ecosystem released a major update. According to the chain, through BEP 336, users on the network can make transactions with a 90% […]

Ethereum’s Open Interest has decreased, potentially easing market tensions. The asset’s price shows signs of recovery, with a current rise to $3,585. In recent developments within the cryptocurrency markets, Ethereum [ETH] has shown signs of a modest recovery after a turbulent period. Advertisements Over the last 24 hours, ETH has seen a rise of 1.5%, […]

The percent of ETH supply on exchanges has dropped to an eight-year low. ETH rebounded from its decline in the previous trading session. Not only has Ethereum’s [ETH] price declined in the last few days, but its supply on exchanges has also decreased. This decline aligns with the trend in its Netflow, which has seen […]

While Open Interest increased, Funding Rate stalled. The price of the altcoin might keep swinging between $3,400 and $3,600 in the short term. One day after Ethereum’s [ETH] Open Interest dropped to $13.14 billion, it added another billion to its value. At press time, the Open Interest (OI) was $14.10 billion, according to data from […]

Whale accumulation of ETH grew, according to recent data. Network growth and velocity of ETH fell materially. Ethereum’s [ETH] recent dip in price did not reduce the optimism that traders and investors had in the slightest. Advertisements Ethereum whales start to buy Recent data showed that Ethereum whales, or large-scale investors, have accumulated over 700,000 ETH […]