Ethereum Watch

What’s next for ETH price amid intense selling from ICO-era whale? Source Advertisements

The Dencun upgrade allowed multiple L2s to grow substantially.  ETH’s price action turned bullish in the last 24 hours.  After the Decun upgrade, Ethereum [ETH] witnessed major changes in the ecosystem. As a result, ETH’s fees hit an all-time low. This also had a major impact on the token’s deflationary characteristic. Advertisements But will ETH’s […]

BTC is sound money and a ‘risk-off’ asset, per BlackRock. But ETH is a speculative bet on blockchain technology adoption.  BlackRock, the world’s largest asset manager, recently presented unique yet different pitch decks for Bitcoin [BTC] and Ethereum [ETH].  Advertisements The dual pitch deck was presented during a digital assets conference held in Brazil. BlackRock’s […]

Steady decline of Ethereum was partly due to lowered transaction fees Other leading L2s saw rising transaction counts while ETH lost out slightly Ethereum [ETH] has performed poorly since April, especially compared to Bitcoin [BTC]. As the leader of the altcoin market, some participants expect ETH to lead the altcoins’ bullish charge. As things stand, […]

Solana and Ethereum have both held significant milestones while fostering a competitive rivalry However, a recent event may exacerbate tensions between the two In its monthly report, Swiss crypto bank Sygnum highlighted Solana [SOL]  as Ethereum’s [ETH] most significant challenger in the finance sector and a viable alternative for numerous rollouts and development breakthroughs. Advertisements Often […]

Bitcoin ETFs IBIT and FBTC excelled with over $10 billion in assets amid the market downturn. Ethereum ETFs struggled, facing cumulative outflows as Bitcoin and Ethereum prices declined. As the cryptocurrency market grapples with a broader downturn, Bitcoin [BTC] ETFs are not immune to the prevailing trends. Advertisements Recent reports from Farside Investors reveal that […]

ETH has declined by 6.18% in 24 hours. Ethereum daily active addresses have declined by 18.32% from 382k to 312k YTD. Ethereum [ETH] has experienced a sharp decline over the past week. Over this period, ETH has declined by 5.46%. In fact, as of this writing, Ethereum was trading at $2480. This marked a 6.18% […]

EigenLayer finally rolls out its EIGEN crypto with an impressive FDV and major listings. A recap of the EigenLayer’s TVL and other performance metrics. Ethereum based restaking protocol EigenLayer kicked off October with the unlocking and listing of its EIGEN crypto. According to the Eigen Foundation’s official X handle, the unlock means the token is […]

ETH’s performance against Bitcoin was less than ideal, leading to a weekly bearish structure. Until the $2.8k and $3k levels are breached, the outlook will remain bearish. Ethereum [ETH] witnessed a continued increase in gas fees as the network activity marched higher. This is attributed partly to the rising use of decentralized finance (DeFi) platforms […]

Crypto speculators remain wary of profit-taking and price correction concerns There haven’t been consecutive ETH/BTC green weekly candles since April 2024 Most cryptocurrencies were trading in the green on Friday after making decent advances between Wednesday and Thursday. In fact, the market-wide gains reversed an early midweek dip, one which ensued after a sluggish start […]