Ethereum Watch

Ethereum and the crypto market slightly recovered some gains after the Federal Reserve (Fed) announced a 75-basis point (bps) interest rate hike. There was no surprise from the financial institutions, and the second crypto by market cap might be able to extend the bullish trend without external distractions. Advertisements Related Reading | TA: Bitcoin Price Restarts […]

Advertisements Ethereum’s futures trading volume has exceeded bitcoin’s. Currently, the ETH volume is at $11 billion and the BTC volume is at $10 billion. Ethereum may be due for many more milestones as the Proof-of-Stake transition edges closer. Ethereum’s futures trading volume has crossed that of bitcoin’s for the first time in about a year, […]

The month of July is coming to an end. Traders and long-term investors were hopeful of a strong recovery. But that didn’t materialize. Consequently, Ethereum couldn’t sustain its short-term gain. By looking at the market condition, it is probable that things may not get better for the king alt until the fourth quarter begins. Advertisements […]

Ethereum declined towards $1,350 before recovering higher against the US Dollar. ETH is now facing a major resistance near the $1,460 and $1,500 levels. Advertisements Ethereum extended losses and traded below the $1,400 level. The price is now trading below $1,460 and the 100 hourly simple moving average. There is a major bearish trend line […]

The news of the Ethereum Merge pumped up optimism on the network. However, ETH, at press time, was consolidating above $1600 as the Merge craze started easing coming into the weekend. Advertisements In the current relief rally, ETH has outperformed the king coin by achieving a 19.07% increase in the last seven days. Now, the […]

Ethereum [ETH] surged by more than 60% in just 10 days, and spiked from just above $1,000 to roughly $1,650. This strong uptrend highlights the strong demand for ETH and it places the next major price target at $2,000 but will it recover above this level by the end of the month? Advertisements The sharp […]

Ethereum [ETH] balances on exchanges reached a four-year low in what could have been termed a surprise. According to data from the leading analytics platform, Glassnode, the total number of ETH held on exchanges remained under 20 million. Glassnode recorded this number in the late hours of Friday, 22 July.  Advertisements Advertisements Source: Glassnode The […]

The annual Ethereum community Conference (ETHCC) took place on 21 July in Paris. Ethereum [ETH] co-founder Vitalik Buterin addressed the audience at this conference and spoke about the long-term potential of the network. Advertisements The developer-focused conference saw Buterin speak of the upcoming “Merge,” which will see Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS). […]

On-chain data shows around 800k ETH has exited wallets of the crypto exchange Gemini, a sign that could prove to be bullish for Ethereum. Advertisements Crypto Exchange Gemini Observes outflows Of 800k ETH As pointed out by an analyst in a CryptoQuant post, the Ethereum exchange reserve has plunged down to lows not seen since […]

The crypto market has extended its bullish momentum despite recent tailwinds, Ethereum continues to lead in this recovery. The second crypto by market cap trades at $1,600 with a 35% profit in the past week. Advertisements Related Reading | Crypto Market On The Mend: ApeCoin And Curve DAO Show Gains Trading firm QCP Capital shared a […]