Ethereum Watch

Prominent crypto exchange Coinbase has emerged as the second largest ETH staking entity based on a recent scoop by Chinese reporter Colin Wu. This development comes amidst growing concerns about network centralization in regard to Lido’s dominance in the ETH staking market.  Advertisements Coinbase Accounts For 14.1% Of ETH Staking Activity – Report According to Wu, […]

Ethereum (ETH), a forerunner in the decentralized finance (DeFi) ecosystem, has seen a notable surge in its staking activities. This staking boom has raised eyebrows among experts from JPMorgan concerned over ETH’s increase in centralization and the consequences that may arise. Advertisements Ethereum, aiming to transition to a proof-of-stake consensus mechanism, opened the floodgates for […]

Ethereum price is slowly moving lower toward the $1,585 support against the US dollar. ETH must clear the $1,650 resistance to start a recovery wave. Advertisements Ethereum is struggling to stay above the $1,600 support zone. The price is trading below $1,650 and the 100-hourly Simple Moving Average. There is a major bearish trend line […]

In a recent post, investor Chris Burniske expressed the belief that a bottom is looming for the top cryptocurrencies. Burniske predicts that Bitcoin and Ethereum could dip as low as $20,000 and $1,000, respectively, with top altcoins, except Solana (SOL), hitting new lows. Advertisements Notably, BTC retraced from $28,000 to slightly above $27,600, with ETH […]

Ethereum price trimmed all gains and revisited $1,580 against the US dollar. ETH could continue to move down if it settles below the $1,600 support. Advertisements Ethereum started a fresh decline below the $1,650 support. The price is trading below $1,665 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]

Ethereum price corrected gains from the $1,750 zone against the US dollar. ETH is holding the key $1,620 support and might start a fresh rally. Advertisements Ethereum is correcting gains from the $1,755 high. The price is trading below $1,700 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend […]

Ethereum price is attempting a fresh increase above $1,720 against the US Dollar. ETH could accelerate higher if it clears the $1,750 resistance. Advertisements Ethereum is attempting a fresh increase above the $1,720 level. The price is trading above $1,700 and the 100-hourly Simple Moving Average. There is a connecting trend line forming with resistance […]

According to an on-chain report on Saturday, September 30, an address associated with the FTX exploiter became active for the first time in 10 months. As earlier reported, some 5,000 ETH (equivalent to $8.2 million) was transferred from the flagged address (identified as 0x3e9) to new addresses on Saturday. Advertisements However, in the latest development, […]

Asset management firm Valkyrie, one of the frontrunners for the first Ethereum ETF (exchange-traded fund) in the United States, has decided to pause its purchase of Ether futures contracts until the US Securities and Exchange Commission approves an Ether futures ETF. This comes barely a day after the asset manager reportedly secured approval to offer […]

Ethereum price is attempting a fresh increase above $1,650 against the US Dollar. ETH could accelerate higher if it clears the $1,670 resistance. Advertisements Ethereum is attempting a fresh increase above the $1,620 level. The price is trading above $1,620 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with […]