Ethereum Watch

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 […]

 Fresh spot BTC ETFs are on the cards in the Far East. A spot ETH ETF approval might be seen first in Hong Kong, given the current developments. The introduction of a Bitcoin [BTC] spot ETF is no longer a novel development in the United States, and it is anticipated that a spot Ethereum [ETH] […]

Advertisements BTC and Ethereum lead the 7-day increase metric. BTC and ETH have contributed to the increase in the general market cap. Over the last seven days, both Bitcoin [BTC] and Ethereum [ETH] witnessed price increases, consequently impacting their respective market caps. Furthermore, the growth observed in these two assets has contributed favorably to the […]