Ethereum Watch

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 […]

Ethereum (ETH) has so far relatively underperformed in comparison to the flagship cryptocurrency Bitcoin. However, that could change soon enough as a crypto analyst has predicted the second-largest crypto token by market to gain some momentum soon enough.  Advertisements Ethereum To Hit $1900 In a post shared on his X (formerly Twitter) platform, prominent crypto […]

Advertisements Bitcoin and Ethereum recorded significant outflows over the last 7 days While BTC noted a positive 30-day MVRV, ETH’s was negative Bitcoin and Ethereum embarked on an action-packed journey over the past week, as indicated by a recently observed metric. Nevertheless, investors in the top two cryptocurrency giants saw divergent outcomes in terms of […]

Advertisements Ethereum’s correlation with Bitcoin hit a yearly low of 0.61. Subdued Ethereum spot trade volume and waning whale interest contrasted with Bitcoin’s resurgence. In the midst of the ever-fluctuating cryptocurrency landscape, Ethereum[ETH] appeared to be facing ongoing challenges, in contrast to Bitcoin’s recent resurgence. Is your portfolio green? Check out the ETH Profit Calculator […]

In a recent post, investor Chris Burniske expressed the belief that a bottom is looming for the top cryptocurrencies. Burniske predicts that Bitcoin and Ethereum could dip as low as $20,000 and $1,000, respectively, with top altcoins, except Solana (SOL), hitting new lows. Advertisements Notably, BTC retraced from $28,000 to slightly above $27,600, with ETH […]

Advertisements BTC’s supply on exchanges dropped as its price went above $28,000. ETH’s price also surged by more than 9% last week, but a few indicators were bearish.  KuCoin, a popular crypto exchange, recently published its asset reserve certificate, revealing users’ Bitcoin [BTC] and Ethereum [ETH] holdings. The latest report pointed out a drop in […]

Ethereum might be the king of smart contracts and the world’s primary hub for decentralized finance (DeFi) and non-fungible tokens (NFTs) activity but onchain data suggests that Bitcoin is ahead in user engagement, interpreted by the number of daily active users, and network activity is at acceptable, healthy levels, reading from the number of daily […]

FTX can now sell up to $200 million worth of its assets weekly, according to a recent ruling. Solana, Bitcoin, and Ethereum were the largest digital assets held by the exchange. There has been speculation throughout the week regarding the impending FTX ruling, which could grant the defunct exchange the authority to liquidate its digital […]

Ethereum’s numerous use cases may have made it a better project than Bitcoin, according to a market player. Regardless, activity on the Bitcoin network outshone Ethereum. The debate about which asset is better between Ethereum [ETH] and Bitcoin [BTC] took another turn on 6 September. This time, it was Dr. Julian Hosp, CEO of CAKE […]

As negative sentiment began to dwindle, crypto outflows dropped to their lowest in weeks.  With a year-to-date net inflow of $26 million, Solana might be “the most loved altcoin.”  Capital flight from digital asset investment products “cooled off” last week, causing outflows to drop to a low of $11.2 million, digital asset investment firm CoinShares […]