Ethereum Watch

Ethereum’s numerous use cases may have made it a better project than Bitcoin, according to a market player. Regardless, activity on the Bitcoin network outshone Ethereum. The debate about which asset is better between Ethereum [ETH] and Bitcoin [BTC] took another turn on 6 September. This time, it was Dr. Julian Hosp, CEO of CAKE […]

Ethereum price is eyeing an upside break above $1,650 against the US Dollar. ETH must stay above $1,600 to start a fresh increase in the near term. Advertisements Ethereum is slowly moving higher from the $1,620 support zone. The price is trading above $1,632 and the 100-hourly Simple Moving Average. There is a connecting bullish […]

Average daily trade volume across Ethereum’s derivatives market has fallen to new lows in 2023. Following the Shanghai Upgrade, liquidity has gradually exited the futures markets.  In the current cycle, activity across Ethereum’s [ETH] derivatives markets have fallen below levels observed in 2021 and 2022, Glassnode found in a new report.  Advertisements Read Ethereum’s [ETH] Price […]

As negative sentiment began to dwindle, crypto outflows dropped to their lowest in weeks.  With a year-to-date net inflow of $26 million, Solana might be “the most loved altcoin.”  Capital flight from digital asset investment products “cooled off” last week, causing outflows to drop to a low of $11.2 million, digital asset investment firm CoinShares […]

Ethereum price is struggling to recover above $1,650 against the US Dollar. ETH is showing bearish signs and might dive below the $1,600 support. Advertisements Ethereum failed to gain strength for a move above the $1,650 zone. The price is trading below $1,640 and the 100-hourly Simple Moving Average. There are two bearish trend lines […]

Ethereum’s exchange outflows have increased in the past few weeks. This has occurred despite its sideways price movements. Leading altcoin Ethereum [ETH] has continued to experience a surge in exchange outflows, despite recent price action, on-chain data provider IntoTheBlock noted in a recent post on X. Advertisements ETH continues to record more significant exchange outflows, […]

Ethereum price tested the $1,600 zone and is currently recovering against the US Dollar. ETH is facing many hurdles near $1,650 and $1,670. Advertisements Ethereum started a recovery wave from the $1,600 support level. The price is trading below $1,650 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements On 30 August, the status of Ethereum [ETH] as a commodity was reaffirmed in a ruling that involved Uniswap [UNI]. The court action was instituted by some Uniswap users who felt undone by […]

ETH breaking the $1,700 may have set the tone for altcoins to blossom. BTC dominated the market but attention has been shifting toward SOL and ADA. Ethereum [ETH], considered the pioneer altcoin and the one with the largest market cap, seems to be setting the stage for what could potentially be the resurgence of the […]

Stablecoins, including sDAI and GHO, propelled Aave V3’s $100 million loan record. Assets staked on the protocol reduced in the last 24 hours. A whopping $100 million— that was the value of loans issued on Aave [AAVE] on Monday 28 August. The landmark, a record high, was reported by Lucas Outumoro,  IntoTheBlock’s Head of Research. […]