Ethereum Watch

Amid the negative U.S. GDP record and high Fed rate, there seems to be a positive turning for some digital assets, especially Ethereum. For example, the global second largest cryptocurrency by market cap, Ethereum (ETH), is staging a solid bounce back. Advertisements Over the past few days, Ether has progressively increased as it surges to […]

On-chain data shows the number of active Ethereum addresses has recently spiked up to a new all-time high. Here’s what happened in the past when the metric reached such high values. Advertisements Ethereum Active Addresses Surge To A New All-Time High As pointed out by an analyst in a CryptoQuant post, a signal that has […]

Ethereum has been experiencing a slowdown in its bullish momentum over the weekend. The cryptocurrency managed to break the critical resistance at $1,700 but could re-test previous support levels before reclaiming higher levels. Advertisements According to Wu Blockchain, Ethereum recently surpassed Bitcoin in terms of Open Interest (OI) for options contracts. This metric stands at […]

The Ethereum “Merge” has become a hot topic among top crypto analysts after the incident that led to the collapse of the Ethereum network in the sale of Otherside by Yuga labs, with nearly $200M lost as gas fees. Advertisements Related Reading: Proof of Work Vs Proof of Stake – Laneaxis The Ethereum merge, also […]

Ethereum (ETH) price overshoots above $1,700 hinting a bullish momentum. And everyone was blown away. Advertisements James Seyffart, Bloomberg Intelligence research analyst, was impressed: “Ethereum just flew right through resistance there.”  Bitcoin, Ethereum, and other cryptocurrencies have soared following the Fed interest rate hike of 0.75%. It was indeed an optimistic kind of domino effect […]

Ethereum and the crypto market slightly recovered some gains after the Federal Reserve (Fed) announced a 75-basis point (bps) interest rate hike. There was no surprise from the financial institutions, and the second crypto by market cap might be able to extend the bullish trend without external distractions. Advertisements Related Reading | TA: Bitcoin Price Restarts […]

Ethereum declined towards $1,350 before recovering higher against the US Dollar. ETH is now facing a major resistance near the $1,460 and $1,500 levels. Advertisements Ethereum extended losses and traded below the $1,400 level. The price is now trading below $1,460 and the 100 hourly simple moving average. There is a major bearish trend line […]

Despite having a boom week, Bitcoin, the most valuable cryptocurrency, sank to its seven days low. Several other altcoins that had also been rallying dropped, including the second-largest coin, Ethereum, which fell over 5%, XRP fell by 4%, and ADA took the lead with 6%. Advertisements Over the last nine days, Bitcoin has seen positive […]

On-chain data shows around 800k ETH has exited wallets of the crypto exchange Gemini, a sign that could prove to be bullish for Ethereum. Advertisements Crypto Exchange Gemini Observes outflows Of 800k ETH As pointed out by an analyst in a CryptoQuant post, the Ethereum exchange reserve has plunged down to lows not seen since […]

The crypto market has extended its bullish momentum despite recent tailwinds, Ethereum continues to lead in this recovery. The second crypto by market cap trades at $1,600 with a 35% profit in the past week. Advertisements Related Reading | Crypto Market On The Mend: ApeCoin And Curve DAO Show Gains Trading firm QCP Capital shared a […]