Ethereum Watch

Advertisements The total value locked on Polygon (MATIC) grew by 1,102% in the month of May Address activity on Polygon also grew by 4x in the same time period Polygon’s growth has been fueled by DeFi apps migrating from Ethereum and new projects Polygon (MATIC) has experienced remarkable ecosystem growth during the just concluded month […]

Advertisements Ethereum could be on track to surpass Bitcoin in terms of market cap Ethereum’s market cap is currently half of Bitcoin’s Ethereum will thrive due to continual use-case such as DeFi  Ethereum should consolidate for a while between $2k and $4k The team at Bloomberg has released their monthly Crypto Outlook Report in which […]

Advertisements NortonLifeLock has launched a new feature dubbed Norton Crypto Norton Crypto will enable users to safely mine crypto, specifically Ethereum Select users will be invited to mine Ethereum beginning today Norton Crypto aims at easing the process of mining crypto by providing a secure platform to do so NortonLifeLock, the parent company of the […]

Advertisements Ethereum’s 3-month correlation with Bitcoin has hit a 10 month high The increased correlation comes after last month’s Bitcoin dip to $30k that shook the crypto-verse ETH/BTC daily chart hints of Ethereum attempting to break free from the influence of Bitcoin at least in the short term However, 0.08 BTC might prove to be […]

Advertisements Ethereum traders are showing signs of impatience and doubt as Ethereum keeps ranging in the $2k price area $3k is proving elusive for Ethereum with $2,800 providing stiff resistance All eyes are on Ethereum’s London Upgrade in July which introduces EIP1559 Trader sentiment surrounding Ethereum has flipped to one of doubt, impatience, and exhaustion […]

Advertisements The number of Ethereum addresses holding 0.01+ ETH has hit a new all-time high of 15.71 million This is indicative of growth in the Ethereum ecosystem through use of ETH or holding as an investment Ethereum investors keep locking their funds in the ETH2.0 contract that now has 5.179M ETH Ethereum’s $2k is the […]

Advertisements Ethereum outflows from crypto exchanges have resumed to levels seen before last Wednesday’s crash 403k ETH worth $1.132 billion has left crypto exchanges in the last 24 hours 1.2 million ETH worth $3.376 Billion has left crypto exchanges in the last month Accumulation of ETH continues and could lead to a price increment towards […]

Advertisements The number of Ethereum addresses holding 100+ ETH drops to a 3 year low Such a drop is indicative of some ETH investors taking profits However, the premium on Grayscale’s Ethereum Trust has turned positive hinting of institutional interest Ethereum is back above $2k and could eventually return to levels above $3k The number […]

Advertisements Ethereum reserves on crypto exchanges have increased by 5.1% since May 18th Such an inflow of Ethereum hints of selling by investors Ethereum has turned bearish in the short-term Ethereum has lost the $2k support and regaining it will be crucial in returning into bullish territory Ethereum still has the 200-day MA acting as […]

Advertisements Ethereum whale transactions above $100k have reached levels last seen in January 2018 Ethereum has lost above 50% of its gains since setting an all-time high mid this month The increment of whale transactions coupled with the rapid sell-off is indicative of a potential top for Ethereum Ethereum’s correlation to Bitcoin has started to […]