Ethereum Watch

A profitable trading day is really hard to come by. Especially when an American billionaire investor (Yes, Charlie Munger) has just called for a ban on cryptocurrencies. Advertisements Funnily enough, 14 hours (at press time) after his statement to CNBC, the market was nowhere near its doomsday. In fact, Bitcoin [BTC] was trading in the […]

Ethereum price broke the key $1,600 resistance against the US Dollar. ETH could rally further if it clears the $1,700 resistance zone in the near term. Advertisements Ethereum is up over 10% and cleared the $1,600 resistance. The price is now trading above $1,600 and the 100 hourly simple moving average. There is a key […]

Ethereum led the market at press time, as it remained the largest L1 in terms of TVL and fees. ETH’s on-chain performance looked bullish. Ethereum [ETH] registered massive gains during this year’s bull market. However, since peaking on 7 February, ETH’s price dropped by 13%. At the time of writing, it was trading at $1,501.74, […]

Ethereum price is attempting an upside correction above $1,500 against the US Dollar. ETH could start another decline if there is no increase above $1,600. Advertisements Ethereum is slowly moving higher above the $1,500 resistance. The price is now trading above $1,510 and the 100 hourly simple moving average. There was a break above a […]

Coinbase clarifies stance on staking, ETH faces uncertainty. Validators remain positive, however, traders remain pessimistic about the king altcoin. Coinbase, of late, has been found at the heart of the massive FUD surrounding the crypto market. The FUD was stirred due to SEC’s investigation into Coinbase’s rival firm, Kraken. Advertisements Now, after the Kraken incident […]

Ethereum price extended its decline below the $1,520 level against the US Dollar. ETH must clear the $1,540 resistance zone to start a decent increase. Advertisements Ethereum remained in a bearish zone below $1,550 and $1,540. The price is now trading below $1,540 and the 100 hourly simple moving average. There is a major bearish […]

On Thursday, it was revealed that crypto exchange Kraken reached a settlement with the Securities and Exchanges Commission (SEC) to stop offering staking services for Ethereum and similar cryptocurrencies. This news understandably triggered a dip in the prices of digital assets across the space, but the question now becomes, where does all of the staked […]

ETH bears are losing momentum after a strong pullback in the last few days. ETH exchange balances reach 4-year lows as outflows continue. Ethereum’s native cryptocurrency just concluded the week with a sizable bearish pullback. There is more directional uncertainty as a result, but multiple indicators and metrics may offer some much-needed clarity. Advertisements How […]

MATIC price is making investors smile and beam with confidence as it moves north. There is currently a massive demand to jack up the price of the crypto further up, as explained by veteran crypto analyst, Ali Martinez. Advertisements Here’s a quick glance of the coin’s performance: MATIC price is down by 1.8% Polygon sees […]

Coinbase CEO’s tweet sparked speculation on SEC’s new crypto rulings. New regulations could impact the crypto industry and lead to problems. The crypto world has been buzzing for the last 24 hours, thanks to a tweet by Coinbase CEO Brian Armstrong. The speculation triggered by the tweet revolved around the potential impact of the SEC’s […]