Ethereum Watch

Ethereum has finally touched the $3,000 price level once again after spending weeks trading in a narrow range beneath $2,800. This recent breakout, although brief, marks the first time Ethereum reclaimed this level since early February. According to technical analyst Merlijn The Trader, Ethereum’s next destination after breaking past $3,000 is already in sight. Advertisements […]

Ethereum has been consolidating around the $2,500 price level over the past few days, showing little momentum in either direction. The second-largest cryptocurrency by market cap has struggled to sustain a breakout above the $2,600 resistance zone, despite the inflows into Ethereum Spot ETFs last week.  Advertisements One event that has sparked interest, and possibly […]

Analysts reported that there is a growing demand for Ethereum due to the increasing appeal of the digital currency to large investors. Advertisements The whale activity serves as one of the indicators that the cryptocurrency is gaining momentum for possible significant growth, capitalizing on the positive market sentiment on the crypto industry. Growing Whale Activity […]

Ethereum missed out on this week’s crazy price movements. For the last couple of days, Bitcoin has dominated the bigger crypto market, making gigantic strides almost crossing the $73,500 mark for its best in recent months. Other altcoins have also followed that trajectory as SOL and DOGE trail Bitcoin. Advertisements As Bitcoin retests a new […]

Almost 70% of institutional investors in Ethereum (ETH) are participating in ETH staking, with 60.6% of them using third-party staking platforms. Advertisements Ethereum Staking Landscape At A Glance According to a report by Blockworks Research, 69.2% of institutional investors holding Ethereum are engaged in staking the platform’s native ETH token. Of these, 78.8% are investment […]

Investors are bullish on Ethereum as the industry awaits the launch of Spot Ethereum ETFs. This sentiment is relayed through the recent expiration of Ethereum options contracts and the put-call ratio. According to data, over 200,000 ETH options recently expired, and the crypto community eagerly awaits the direction of the Ethereum price. Advertisements Related Reading […]

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Share this article Advertisements URL Copied Advertisements Decentralized finance (DeFi) has emerged as a dominant force in the blockchain space, surpassing stablecoins in daily transactions and concluding the first quarter with approximately 7 million daily transactions, reveals the “OnChain Report Q1 2024” by QuickNode and Artemis. All major DeFi protocol categories, including Liquid Staking, Lending, […]

Share this article Advertisements URL Copied Advertisements The Numun Ecosystem has officially launched, introducing a suite of applications designed to tokenize and lend against real-world assets (RWA) on the Ethereum network. This RWA-focused ecosystem is initially comprised of tokenization company Num Finance and lending protocol Vectium. “Numun ignites the power of synergy between transparency and […]

Ethereum’s network has seen notable growth recently in both daily active users and daily transaction volume, yet the price of ETH, Ethereum’s native cryptocurrency, has undergone corrections in the past few days. Notably, Ethereum is down by over 10% in the past seven days, underperforming Bitcoin and the S&P 500. Advertisements While this decline can […]