Ethereum Watch

Franklin Templeton joins Hashdex in the crypto index fund race  The index fund will track ETH and BTC The $1.5 trillion asset manger Franklin Templeton is the latest player seeking to launch a crypto index ETF (exchange-traded fund). The firm filed a registration statement, S-1 form, with the U.S SEC (Securities and Exchange Commission) for […]

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 […]

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 […]

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 […]

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 […]

Michael Saylor makes a U-turn on ETH after ETF approvals.  The executive said that the approval will further legitimize crypto assets.  MicroStrategy founder and CEO Michael Saylor has changed his ‘no second best to Bitcoin’ rhetoric after the Ethereum ETF’s approval. Advertisements Commenting on the approvals, Saylor underscored the update as ‘good for crypto asset […]

Bitcoin maintained a balanced Put/Call Ratio ahead of the deadline ETH traders face potential losses as its price was close to the maximum pain point According to data from Deribit, the market-leading derivatives exchange, Bitcoin [BTC] options with a notional value of $1.18 billion will expire on 17 May. Advertisements Also, Ethereum [ETH] contracts, valued […]

BTC and ETH traded below their maximum pain points, suggesting that traders might face severe losses Implied Volatility dropped, implying a lack of bullish expectations going forward Bitcoin [BTC] and Ethereum [ETH] options contracts worth about $2.3 billion are set to expire on Friday, 3 May. According to Deribit Exchange, the Bitcoin options are valued […]

Trading volumes in crypto have plummeted to January lows. Bitcoin and Ethereum prices have declined slightly, impacting market activity. The crypto market is witnessing a significant lull, with trading volumes dropping to levels not seen since the start of the year. Advertisements This downturn accompanies a noticeable decrease in the prices of major cryptocurrencies, with […]

Bitcoin and Ethereum showcased a bullish market structure on the 12-hour chart. Key retracement levels have been defended thus far, but a retest can’t be ruled out yet. Bitcoin [BTC] and Ethereum [ETH] continued to trade within the short-term range. They have a bullish bias on the higher timeframe price charts, and whales were accumulating […]