Ethereum Watch

ETH prices continue to trend downwards as prices remain bearish, with price trading on critical support.  ETH trades below 50 and 200-day Exponential Moving Average as price struggles to regain bullish signs as many traders and investors wish for $500.  The price of ETH needs to break and hold above the key resistance of $1,400 […]

Ethereum [ETH], on 9 October, recorded a significant increase in the number of addresses registered on the blockchain as per data from the analytics platform Santiment. Advertisements There were over 135,000 Ethereum addresses registered, which was over 11% greater than the peak number that was recorded in January 2022.  📈 #Ethereum saw a surge of […]

All eyes have been on the Ethereum network since it moved from a Proof of Work (PoW) to a proof of Stake (PoS) mechanism. Granted, the digital asset’s price hasn’t done as well as many had predicted it would after the upgrade but the new functions of the network remains fascinating. Now, Ethereum has marked […]

After suffering heavy losses due to the sell pressure that emerged from the Merge, it appears that Ethereum [ETH] has been getting back on its feet. According to new data, ETH witnessed a massive spike in terms of network growth, which could be a positive development for the altcoin. Advertisements _______________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction […]

Ethereum [ETH] has been on the receiving end of a lot of sell pressure, especially post the Merge. However, even after Ethereum’s decline in prices, validator interest and revenue had a different picture to convey. Advertisements ____________________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for Ethereum for 2022-2023. ____________________________________________________________________________________________ Advertisements It should be noted that garnering interest from […]

The post-Merge landscape of Ethereum took many by surprise; the figures and the outcome weren’t something they had in mind. Advertisements Bad macroeconomic conditions and other negative factors overshadowed what was expected as a breakthrough. It was, in some ways, but the fanfare pre-Marge was so hyped up, until a few days following the event. […]

Ethereum’s [ETH] network revenue fell by a massive 86% in the third quarter of 2022, according to the report released by Bankless (an informative site focused on crypto). Advertisements Reportedly, Ethereum recorded $1.96 billion in net revenue in the second quarter (Q2). Unfortunately, the third quarter was a paltry $274.12 million. Advertisements Source: Token Terminal […]

Ethereum open interest (OI) had seen a meteoric rise in the weeks leading up to the Ethereum Merge. Even after the Merge, the open interest has not declined, given all of the new interest from institutional investors following the network’s move to a proof of work mechanism. This time around, the Ethereum open interest has […]

It’s been more than 2 weeks since Ethereum’s Merge happened. However, the hype that existed before the event died down soon, with the event followed by disinterest in the cryptocurrency. Glassnode recently confirmed this outcome after observing a sustained drop in ETH Open Interest in perpetual Futures contracts. Advertisements Here’s AMBCrypto’s Price Prediction for Ethereum […]

Ethereum [ETH] activity index for September was almost no different from the decreasing network involvement in August. Advertisements This was according to the latest monthly Ethereum analysis by AnalytEx. Based on the report, the Proof-of-Stake (PoS) blockchain recorded slight increases, but overall, it was not a seemingly good month. Maintaining the neutral stance According to […]