Ethereum Watch

Ethereum’s price seems to have been following Bitcoin’s, but recent large transactions suggest it may soon move independently. Advertisements Whale Alert reported a sum of 25,264 ETH, roughly valued at around $48 million, was moved from an unidentified wallet to the leading cryptocurrency exchange, Coinbase. 🚨 🚨 25,264 #ETH (48,302,924 USD) transferred from unknown wallet […]

Advertisements Ethereum demand in the derivatives segment outweighed spot demand in June. ETH’s funding rate also witnessed a rise, especially in the last week of June. Recent data analyzing the state of demand for crypto reveals that the derivatives segment grew significantly in June. Ethereum [ETH] was among the cryptocurrencies that have been tapping into […]

StarkWare, an Israeli-based company working to scale Ethereum (ETH), has released the testnet for its latest layer-2 solution, Starknet v12.0. The new version focuses on improving performance and user experience, with a significant 10x increase in throughput achieved through the implementation of the Sequencer in Rust.  Advertisements Starknet Upgrade Signals Boost for Ethereum’s Scalability According […]

Advertisements A section of the Ethereum community proposed the ERC-7265 standard to reduce DeFi exposure to exploits. The approach has raised concerns about certain issues that DeFi is against. As the leading project in Decentralized Finance (DeFi), the Ethereum [ETH] community has taken it upon itself to curb the incessant attacks in the ecosystem. Dubbed […]

Advertisements Last week’s minor price rally caused inflows into Bitcoin and Ethereum investment products to jump. Short-bitcoin, on the other hand, saw its 10th week of consecutive outflows.  Inflows from digital asset investment products totaled $125 million last week, bringing the second consecutive week of inflows to $334 million, CoinShares found in a new report.  […]

Last week, the likes of Ethereum in the crypto market were shaken when the United States Securities and Exchange Commission (SEC0 revealed that it found the Bitcoin Spot ETF filings of giants such as BlackRock and Fidelity, among others, inadequate. This news saw the price of cryptocurrencies declines rapidly. But as the new week opens, […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The price action of Ethereum was at odds with a volume indicator. ETH bulls can wait for a retracement but must trade a breakout carefully. Bitcoin [BTC] saw its bullish momentum stall just […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements Ethereum [ETH] is the second-largest cryptocurrency with a market cap of $230 billion. It is the bedrock of a large number of blockchain projects running successfully today. The first quarter of the new […]

Advertisements Developers of ENS have announced plans to implement Layer 2 interoperability.  ENS has seen increased buying pressure in the past few weeks. During a community call on 28 June, ENS Labs, the developer team behind the Ethereum Name Service [ENS], announced its plans to introduce Layer 2 (L2) interoperability for ENS domains.  Realistic or […]

Advertisements BTC and ETH long contracts were far more than shorts, but these positions’ expiration could mark the highest in months. The Put Call Ratio of both assets remained bullish despite rising concerns. With the cryptocurrency market buzzing with increased activity, about $7.2 billion in Bitcoin [BTC] and Ethereum [ETH] options contracts may be set […]