Ethereum Watch

In a recent commentary shared on X, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, which ranks as the world’s largest provider of cryptocurrency index funds, detailed why investors should consider diversifying their cryptocurrency portfolio by adding Ethereum (ETH), alongside maintaining a position in Bitcoin (BTC). Hougan offered three compelling reasons for investors to […]

Bitcoin’s network saw more NFT sales than Ethereum’s over the past week. Floor prices of BAYC and CryptoPunks fell to multi-month lows too The sales volumes of non-fungible tokens (NFTs) on the Bitcoin [BTC] network surged last week, exceeding that of Ethereum [ETH], according to data from CryptoSlam. Advertisements Over the aforementioned period, Bitcoin’s NFT […]

According to the latest report by QCP Capital, options data reveals a plunge in trading volatility, particularly for Bitcoin, meaning cryptocurrency traders could be in for a tamer summer. Advertisements The research firm, which is well known for spotting new market trends, points out that the data patterns in the charts suggest that we are […]

The CME FedWatch Tool has indicated a low probability of a cut. Senator Warren’s letter hinted at Bitcoin’s bullish situation. With the Federal Open Market Committee (FOMC) meeting scheduled for the 12th of June, the crypto community is abuzz with speculation about its effect on market dynamics. Advertisements Current indications suggest that interest rates will […]

During the last seven days, BTC’s NFT sales volume declined by 4%. Weekly price charts of both coins remained green. Bitcoin [BTC] and Ethereum [ETH], two of the largest blockchains, continued to dominate the NFT market in May. Advertisements Although at first glance this looked optimistic, closer inspection revealed that both ETH and BTC’s NFT […]

The crypto market capitalization has increased slightly in the last 24 hours. BTC and ETH’s price increase contributed to the increase in the market cap. The cryptocurrency market recently experienced a slight increase in market capitalization. This growth was largely driven by the prices of Bitcoin [BTC] and Ethereum [ETH], which dominate the market. Advertisements […]

$4.7 billion in BTC and ETH options are set to expire, potentially influencing market volatility. Technical analysis on the chart shows us possible price movements for Bitcoin and Ethereum following the options expiry In the financial markets today, all eyes are on the cryptocurrency sector as it braces for a significant event. Advertisements Both Bitcoin […]

A majority of investors want to invest in Bitcoin NFTs over their Ethereum counterparts. Ethereum is expected to hike in the next few weeks, thanks to exchange outflows. The crypto market saw Spot Ether ETFs approval on 23 May. Investors, at large, were expecting a short rally after this much-awaited event. However, ETH instead declined […]

Bitcoin and Ethereum have risen to become one of the most valuable assets globally. There has been a pause in the uptrends that BTC and ETH saw in the previous week. Recent data shows that Bitcoin [BTC] and Ethereum [ETH] have achieved dominance not only within the cryptocurrency market but also in the broader financial […]

Bitcoin’s $70K surge seems like a dream as prices and social metrics decline.  Michael Saylor’s optimism clashes with market uncertainties. Amid widespread anticipation, Bitcoin [BTC] surged to $70,000 on the 27th of May, only to retract to $68,101 within 24 hours. This downturn has sparked significant FUD (Fear, Uncertainty, and Doubt), as noted by trader […]