Ethereum Watch

Advertisements The amount of ETH staked surged to nearly 23 million at the time of writing. Due to Coinbase’s legal troubles, the growth of ETH staking has stalled. The much-awaited but delayed Shapella Upgrade, which went live on the Ethereum [ETH] mainnet about two months ago, has begun to progressively advance towards its goal of […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH saw a corrective bounce from key ascending support near $1600. Open interest rates declined; the CVD spot eased, suggesting muted demand.  Ethereum [ETH] rebounded strongly from critical ascending support near $1600. But […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The first quarter of the new year brought a stop to the heartbreak investors repeatedly experienced in 2022. However, the balance of the crypto-market has been nothing close to the AI hype of […]

Advertisements Ethereum inscriptions launch with 10,000 Ethereum punk inscriptions in 24 hours. Ethereum dominance of the NFT space continues with blue-chip NFTs. Recent reports suggest Ethereum is treading a similar path to Bitcoin when pioneering the inscription of NFTs on its platform. In line with the concept of Bitcoin inscriptions, a new feature called Ethscriptions […]

The brutal bear market in crypto over the past few months has taken a serious toll on ETH’s price and profitability. The price of Ethereum has been stuck in a sideways range recently, and many ETH holders have been unlucky for it. According to data from Glassnode, the percentage of Ethereum addresses in profit has […]

Ethereum has plunged below $1,700 during the past day. Here’s the on-chain indicator that may have signaled this dip in advance. Advertisements Ethereum Age Consumed Metric Saw A Spike Before The Price Decline According to data from the on-chain analytics firm Santiment, institutional investors look to have been expecting the move to take place. The […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The market structure was bearish and a downtrend was in progress. The selling pressure remained strong and a reversal was not yet in sight. A week ago on 7 June, Ethereum prices climbed […]

Data shows XRP and Ethereum are picking up social volume as investors have seemingly started to lose interest in Bitcoin. Advertisements Bitcoin Social Volume Shows Drop, Traders Shift Focus Towards XRP & Ethereum According to data from the on-chain analytics firm Santiment, BTC’s social volume has decreased since its surge in March. The “social volume” […]

Ethereum is finding itself in a very dangerous position, with its fate possibly in the hands of the US SEC: Is it a security, or is it a commodity? Is it decentralized enough?  Advertisements While the industry figures itself out,  it is now or never for an ETHUSD rally, or there is heightened risk of […]

Advertisements Altcoins suffer from SEC’s lawsuit, boosting interest in Bitcoin and Ethereum as safe havens. Bitcoin and Ethereum dominance increases, and traders show more optimism towards ETH. Altcoins such as Solana [SOL], Cardano [ADA], and Polygon [MATIC] have experienced significant price impacts due to the SEC’s lawsuit against Coinbase and Binance. The SEC categorizing these […]