Ethereum Watch

The crypto market saw two-way volatility in July as speculators reacted to events. The Federal Reserve held the benchmark interest rate at the current 23-year high for the eighth consecutive time. Bitcoin [BTC] traded fairly unchanged on the last day of July in the immediate aftermath of the Federal Open Market Committee’s interest rate decision. […]

Ethereum witnessed a more severe correction last week than Bitcoin.  Metrics suggested that selling pressure was high on BTC and ETH, but ETH had an edge.  Bitcoin [BTC] remained in the limelight over the last week as it approached $70k, but later plummeted near $66k. Ethereum [ETH] had a tougher week as it witnessed a […]

The largest ETH ETF, Grayscale, had a single-day outflow of $210 million. ETH also turned bearish, and most metrics hinted at a continued price drop.  Exchange Traded Funds (ETFs) have gained much traction since the beginning of this year with the launch of Bitcoin [BTC] ETFs. Things got even better over the last week as […]

Both Bitcoin and Ethereum hiked by over 3% in the last trading session Compared to ETH, BTC seemed overvalued at press time Bitcoin and Ethereum have long been two of the market’s biggest cryptos. However, tribalism within the community has often placed them at opposite ends of any spectrum, which is why comparisons are common.  […]

Analysts claimed that the Alt season could lag amidst a possible BTC dominance surge.  But other observers expected the alt season to be trigged by the US spot ETH ETF launch.   The altcoin market could hit an inflection point this week as US spot Ethereum [ETH] ETF begin to trade. As the largest altcoin, ETH […]

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Advertisements Semilore is drawn to the efficiency of digital assets in […]

Market trends favor Ethereum as ETF launch nears. The report showed a changing landscape in spot trading volume, options, Futures, and perpetual contracts. Cryptocurrency markets have experienced high volatility over the last two months. Market preferences are shifting, especially since the SEC approved Ethereum [ETH] spot ETFs in May. Advertisements With the anticipated launch of […]

Key Takeaways BTCfi tokens are down 23.4% in 2024, but the ecosystem’s TVL has increased over 100%. Three main factors are slowing BTCfi adoption: market distractions, user experience issues, and overall crypto market conditions. Share this article Advertisements URL Copied Advertisements The tokens from the Bitcoin decentralized finance (BTCfi) sector are down 23.4% on average […]

Solana surpassed Bitcoin and Ethereum in gains, marking a strong Q3 start. VanEck and 21Shares filed for Solana ETFs, influencing market sentiment. The crypto market kicked off the first day of Q3 on a positive note, with Bitcoin [BTC] and various altcoins on a bullish trajectory. Advertisements Solana in the limelight Solana [SOL], in particular, […]

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 […]