Ethereum Watch

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 […]

Advertisements Ethereum could reclaim $3.2k to $3.5k in the short term This price target is reliant on Ethereum breaking the $3k ceiling Ethereum’s 50-day moving average is also acting as a resistance at the $3k price area The London Upgrade in July could assist Ethereum in rallying back to $4k Ethereum (ETH) could reclaim the […]

Advertisements The CEO of Pantera Capital has pointed out that EIP1559 will make Ethereum a more deflationary asset than Bitcoin He believes Ethereum is undergoing a market re-rating for EIP 1559 and proof of stake The ratio of Ethereum’s market cap to Bitcoin’s has doubled in the last year Ethereum will keep gaining due to […]

Advertisements Timothy Peterson has forecasted that Ethereum could close the month of May at a value of between $3,500 and $6,200 His analysis is based on ETH’s seasonal trend of performing well in the first half of the year $4.6k is a possible mid-point value for the monthly close with the higher range of $6.2k […]

Advertisements ETH/BTC pair is hovering at levels last seen during the 2017/2018 bull market According to PlanB, Ethereum at current levels of 0.08 BTC could open the doors to 0.12 BTC He however cautions that a pullback is usually the next phase after an altcoin peaks against Bitcoin An increase in Ethereum withdrawals from exchanges […]

Advertisements The number of Ethereum addresses holding at least 1 ETH has hit a new all-time high of 1,224,176 The Ethereum Network witnessed its highest daily address activity after posting its most recent all-time high of $4,205 ETH’s price is backed by fundamentals such as high network activity $3,650 is the Ethereum support level to […]

Advertisements Ethereum is threatening traditional finance in a manner similar to how Bitcoin is edging out Gold as a store of value Ethereum is the go-to platform for the digitization of finance One ETH is more accessible to investors in terms of price when compared to Bitcoin Ethereum’s bullishness is mimicking 2017 where ETH rose […]

Advertisements Ethereum deposited in smart contracts has reached 22.8% of its circulating supply Ethereum on crypto exchanges has dropped to 12% of the circulating supply 2021 has seen 10 events where over 200k ETH is withdrawn from exchanges in a day Ethereum has set a new all-time high of $3,605 – Binance rate The trend […]

Advertisements Ethereum’s bullish momentum could lead to a new round of growth to $4.5k – $5k However, a pullback to $2.9k or $3k might happen first before a second phase of growth by Ethereum Ethereum usually outperforms Bitcoin in the month of May increasing the chances of additional growth The second most valuable digital asset […]

Advertisements Mark Cuban believes Ethereum smart contracts are better at delivering digital items than alternatives available He concludes that DeFi on Ethereum is better in delivering financial instruments than banks Smart contracts used in DeFi allow transactions to be automated, trustless and almost instant The owner of the Dallas Mavericks and Shark Tank investor, Mark […]