Ethereum Watch

Vitalik Buterin has vowed that this week’s ETH sale was the last.  ETH’s sentiment declined amid sell-offs from Buterin and the Ethereum Foundation.  Ethereum[ETH] founder Vitalik Buterin has assured the community that this week’s ETH sell-off was the last. Advertisements Amid renewed criticism after selling another $441K worth of ETH on Thursday,12th September, Buterin said […]

Spot Ethereum ETFs recorded $11.4M in inflows for the first time in nearly three weeks. This comes as outflows from exchanges increased significantly, relieving the near-term selling pressure. Spot Ethereum [ETH] exchange-traded funds (ETFs) recorded $11.4 million inflows on 10th September per SoSoValue data. This was the first time in nearly three weeks that the […]

Ethereum mirrors its 2019 pattern. Largest holders of ETH have steadily accumulated more since 2019. Ethereum [ETH] remained the second-largest cryptocurrency, with market sentiment shifting from bearish to bullish as 2024 nears its end. Advertisements The price action of Ethereum was mirroring the 2019 pattern on the ETH/USD pair, where an ascending wedge was formed. […]

Ethereum ETFs faced significant outflows, raising concerns about investor interest and market performance. Bitcoin ETFs maintained their net inflows, despite recent weeks of continuous outflows. September has proven to be an unfortunate month for the Bitcoin [BTC] ETF market. More concerning, however, is the underperformance of Ethereum [ETH] ETFs, which have struggled since their launch. […]

The Ethereum Foundation has sold over 1,000 ETH again Its previous selling spree was received by much criticism from the community Over the last 24 hours, the Ethereum Foundation has executed two transactions, selling more of its ETH holdings in exchange for DAI. This move comes despite facing significant criticism during their previous large-scale sale […]

Bank of Japan’s rate hikes could trigger new cryptocurrency market turmoil. Japan’s crypto market share declines as the Prime Minister’s departure looms. Recent volatility in the global economy, especially in cryptocurrencies, has raised concerns about the effects of major financial decisions. Advertisements The Federal Reserve’s anticipated interest rate cuts have fueled concerns, with George Lagarias, […]

Ethereum traded in a massive triangle at press time, with analysts predicting a possible double bottom pattern. Whale transactions and active addresses increased, signaling potential upward momentum for ETH’s price. Ethereum [ETH] has faced significant challenges in recent weeks, continuing its downward trajectory in both price and market sentiment. Following a price slump last month, […]

Advertisements contributor Edited By: Saman Waris Posted: September 3, 2024 Share this article Advertisements There is a high possibility that ETH could fall 4% to the $2,400 level. ETH’s reserve on the exchanges has been increasing, indicating higher selling pressure from investors.  In this bearish market sentiment, a recent transaction of Ethereum [ETH] by WazirX […]

ETH’s supply crisis intensified as staking demand spiked and exchange reserves fell ETH fundamentals remained strong despite weak market sentiment Ethereum[ETH]’s supply crisis continues to intensify and could be a set-up for a possible strong rebound for the world’s largest altcoin. Advertisements In fact, according to on-chain analyst Leon Waidmann, ETH’s supply crisis has been […]

Ethereum shows potential for a bullish reversal, with a rare daily bullish divergence and narrowing Bollinger Bands. Macroeconomic shifts and on-chain data could propel Ethereum’s price upward, despite recent bearish momentum. Ethereum [ETH] was exhibiting signs of a price reversal at press time, with a bullish divergence emerging on the daily timeframe. This marks the […]