Ethereum Watch

Advertisements ETH may displace Bitcoin’s dominance next year, an investor pointed out. Long-term investors are confident of the altcoin’s performance. According to Raoul Pal, Ethereum [ETH] will outperform Bitcoin [BTC] by 2024. Pal, who shared the opinion on X, noted that there could be a repeat of the 2021 cycle where BTC initially beat ETH’s […]

Advertisements Digital assets recorded outflows last week for the first time in almost three months. This was due to a surge in profit-taking activity. Capital flight from investment products totaled $16 million last week, marking a potential shift in sentiment after a period of sustained bullishness, digital asset investment firm CoinShares found in a new […]

Advertisements BTC dropped to $41,158 while ETH sank below $2,200 during the weekend. The market was expected to go sideways until the year-end. Crypto trading activity cooled off in the last non-holiday weekend of the year, the first possible sign that the peak of 2023 may have been achieved and that the market will remain […]

There is a spike in crypto on-chain activity if transaction fees lead. According to IntoTheBlock data on December 8, Bitcoin transaction fees are up by over 60%, while “gas” in Ethereum has climbed by nearly 50% in the past week.  Advertisements Bitcoin And Ethereum Transaction Fees Rise By Double-Digits This surge in activity can be pinned […]

Data shows that the Tether (USDT) market cap is almost $90 billion. Here’s why this growth could matter for the price of Bitcoin. Advertisements Tether Market Cap Has Continued To Observe A Rise Recently Tether is a cryptocurrency pegged to the US Dollar, meaning its price remains stable around the $1 mark. The asset is […]

Tether, known for its USDT stablecoin, has recently made headlines with its Bitcoin holdings soaring in value, generating a profit exceeding $1 billion. Advertisements Notably, this significant financial gain can be attributed to the stablecoin issuer’s approach of buying Bitcoin using a portion of its net profits. This move has proven highly lucrative amid the […]

Advertisements BTC and ETH climbed over the $36,000 and $2,000 price range, respectively. BTC and ETH positions liquidation lead crypto market liquidations. On 9th November, Bitcoin [BTC] and Ethereum [ETH] underwent significant price movements, propelling them into new price ranges. Consequently, the market witnessed a substantial increase in liquidations, accompanied by notable shifts in other […]

Advertisements S&P 500 trended above BTC and ETH briefly in the past week. BTC and ETH maintained their prices above $35,000 and $1,800. During the past week, cryptocurrencies such as Bitcoin [BTC] and Ethereum [ETH] moved independently of the S&P 500 and Gold. Has this trend persisted into the new week, or has there been […]

Partner at the Venture Capital firm Placeholder Capital and prominent figure in the crypto community, Chris Burniske, has given an instance where assets like Bitcoin and Ethereum could see a repeat of what happened in mid-2019. Advertisements New Highs Before A “Final Wipeout” In a post shared on his X (formerly Twitter) platform, Burniske mentioned […]

Advertisements CEO Raoul Pal discussed the changing dynamic of Bitcoin’s correlation with Ethereum. Pal discussed these issues with Scott Melker on a podcast recently. Real Vision CEO Raoul Pal believes that unlike other altcoins, the price action of Ethereum [ETH] isn’t dictated as much by that of Bitcoin [BTC]. He also placed his bets on […]