Ethereum Watch

The rumors were true. Donald Trump is indeed serious about making the US a global hub for crypto. He just announced the creation of a National Crypto Reserve that will include XRP, SOL, and ADA, as well as BTC and ETH. Advertisements As a result, XRP surged over 30%, overtaking USDT to become the third-largest […]

Amid the market retrace, Ethereum (ETH) has lost its key $2,600 support zone and fallen below the next crucial level. As the second-largest cryptocurrency by market capitalization attempts to hold its current range, some analysts predict a 6% drop could be coming. Advertisements Ethereum Risks Fall To $2,180 Following the $1.5 billion hack of crypto […]

Ethereum is preparing for a Pectra update which will revolutionize institutional staking on the blockchain, potentially attracting more investors and becoming more appealing to companies and institutions. We look at 3 ERC-20 coins that could benefit. Advertisements ETH Holds the Higher Ground The Pectra update news comes as Vitalik Buterin, the co-founder of Ethereum, fields […]

Ether supply on exchanges is now at a 9-year low: specifically 18.95 million ETH as of February 18, at the time of writing. This suggests investors are now moving $ETH into cold storage, presumably for long-term HODLing purposes. Advertisements If the ecosystem is overall looking to hold, rather than trade Ether, the historic all-time lows […]

Bybit is now moving its options and future contracts to Tether (USDT) and will not issue new USDC contracts from February 26 in an effort to increase liquidity on the platform. Advertisements In times when the crypto landscape is gradually moving towards USDC, Bybit seems to be doing the opposite. This is because most of […]

Amid the market corrections, Ethereum (ETH) has retested a key multi-year support level, suggesting that a bounce to $4,000 could be near. However, some market watchers noted that ETH has tapped an “interesting level” against Bitcoin, which could signal the time to celebrate is not here yet. Advertisements Ethereum Holds Key Support Level Over a […]

Word on the street is that Ethereum is ready for an early Christmas. The cryptocurrency’s accumulation addresses received a whopping $883M on February 7 – the highest daily inflow ever. Advertisements Moreover, long-term holders are now holding over $19.24M worth of $ETH, which is also a record. This number, by the way, has jumped 20.55% […]

Ethereum saw some huge selling in the early trading hours of Monday as it dipped below the $2.1K mark – a 25% dip from its opening price that day. Advertisements This fall was a result of whale wallets liquidating their positions in $ETH. For instance, two dormant wallets sent $149M and $201M worth of $ETH […]

Ethereum adoption is soaring, with the network just passing a critical milestone that has analysts forecasting a price recovery. Advertisements On January 24th and 25th, Ethereum experienced a rise in daily active addresses, exceeding 200,000—a number not seen since October 2022. This huge increase reflects the network’s increased engagement and importance in decentralized finance (DeFi) […]

Ethereum (ETH) is gaining prominence as Bitcoin maintains its recent highs. Despite the fact that ETH is currently 36% below its all-time high of $4,878 from 2021, analysts anticipate that the second-largest cryptocurrency by market capitalization may be preparing for a significant shift. Advertisements Ethereum’s ecosystem is a hive of activity, with a surge in […]