Ethereum Watch

In an encouraging development for the crypto space, Tether, the issuer of the world’s largest stablecoin USDT, has doubled down on its Bitcoin investment momentum by acquiring a staggering 8,888 BTC, further diversifying its portfolio.  Advertisements Tether Increases Its Bitcoin Holdings Tether has recently made its third largest Bitcoin purchase, as the stablecoin issuer added […]

Advertisements ETH tapped its lowest price against BTC in the last 20 months. The altcoin price may increase in Q1 due to its scheduled major upgrade. AMBCrypto’s analysis of the ETH/BTC chart showed that the altcoin slipped to its lowest against Bitcoin [BTC] since May 2022. According to data from TradingView, Ethereum’s [ETH] price fell […]

Advertisements NFT sales volume on the Bitcoin network exceeded Ethereum in December. This occurred despite Ethereum recording a  higher transaction count. The Bitcoin [BTC] Network outpaced Ethereum [ETH] as the blockchain with the highest non-fungible token (NFT) sales volume in December, marking the second such occurrence in just two months. According to data from CryptoSlam, […]

Advertisements Investors at large were accumulating ETH while its price remained low. Though confidence was high, market indicators remained bearish on ETH.  As we bid adieu to 2023, Ethereum [ETH], the king of altcoins, made remarkable moves in a bid to outshine the king of cryptos, Bitcoin [BTC]. A recent development signified increased confidence among […]

Advertisements BTC’s and ETH’s price action this year was one of the best of the century. BTC displayed weakness, suggesting a decline below $43,000 while ETH may move toward $2,500. Bitcoin’s [BTC] and Ethereum’s [ETH] performances in 2023 would go down as one of the best-ever in the century, a post by Santiment disclosed. At […]

In a strategic move that has effectively caught the attention of the crypto space, Microstrategy has once more fortified its Bitcoin portfolio, strengthening its position as the largest corporate holder of BTC globally.  Advertisements MicroStrategy Boost BTC Holdings In a recent filing on December 27, the United States Securities and Exchange Commission (SEC) announced that […]

Advertisements ETH HODLers were unconcerned about the altcoin’s price fluctuations. The short and long-term technical outlook suggested a bullish move for ETH. Long-term Ethereum [ETH] holders have desisted from liquidating their holdings while helping the coin reach a new milestone, IntoTheBlock noted. According to IntoTheBlock, the amount of ETH owned by HODLers has now hit […]

Advertisements ETH may displace Bitcoin’s dominance next year, an investor pointed out. Long-term investors are confident of the altcoin’s performance. According to Raoul Pal, Ethereum [ETH] will outperform Bitcoin [BTC] by 2024. Pal, who shared the opinion on X, noted that there could be a repeat of the 2021 cycle where BTC initially beat ETH’s […]

Advertisements Digital assets recorded outflows last week for the first time in almost three months. This was due to a surge in profit-taking activity. Capital flight from investment products totaled $16 million last week, marking a potential shift in sentiment after a period of sustained bullishness, digital asset investment firm CoinShares found in a new […]

Advertisements BTC dropped to $41,158 while ETH sank below $2,200 during the weekend. The market was expected to go sideways until the year-end. Crypto trading activity cooled off in the last non-holiday weekend of the year, the first possible sign that the peak of 2023 may have been achieved and that the market will remain […]