Ethereum Watch

Crypto speculators remain wary of profit-taking and price correction concerns There haven’t been consecutive ETH/BTC green weekly candles since April 2024 Most cryptocurrencies were trading in the green on Friday after making decent advances between Wednesday and Thursday. In fact, the market-wide gains reversed an early midweek dip, one which ensued after a sluggish start […]

ETH has declined by 7.95% over the last 30 days. Despite the unfavorable market conditions an analyst is eyeing 48% surge to $3,550. While the crypto market has attempted to recover with Bitcoin [BTC] surpassing $60k levels, Ethereum [ETH] has remained behind. ETH, the second largest cryptocurrency by market cap, has experienced a strong downtrend. […]

ETH reserves spiked by over 100,000 in the last 24 hours alone On the price charts, the altcoin climbed to over $2,400 During its last trading session, Ethereum’s price saw a decent move, but the real highlight was the spike in its exchange reserves. In fact, data pointed to a noticeable hike in ETH being […]

Vitalik Buterin has vowed that this week’s ETH sale was the last.  ETH’s sentiment declined amid sell-offs from Buterin and the Ethereum Foundation.  Ethereum[ETH] founder Vitalik Buterin has assured the community that this week’s ETH sell-off was the last. Advertisements Amid renewed criticism after selling another $441K worth of ETH on Thursday,12th September, Buterin said […]

Ethereum mirrors its 2019 pattern. Largest holders of ETH have steadily accumulated more since 2019. Ethereum [ETH] remained the second-largest cryptocurrency, with market sentiment shifting from bearish to bullish as 2024 nears its end. Advertisements The price action of Ethereum was mirroring the 2019 pattern on the ETH/USD pair, where an ascending wedge was formed. […]

Ethereum community members had divergent views on ETH’s value and road map. The mixed signals from Ethereum leadership could dent ETH’s sentiment.   The Ethereum [ETH] leadership has hit the headlines following its long-term roadmap and ETH’s value accrual views. One of the Ethereum community members, Justin Drake, suggested that ETH was like Nvidia and Apple […]

The Ethereum Foundation has sold over 1,000 ETH again Its previous selling spree was received by much criticism from the community Over the last 24 hours, the Ethereum Foundation has executed two transactions, selling more of its ETH holdings in exchange for DAI. This move comes despite facing significant criticism during their previous large-scale sale […]

The markets expect the Federal Open Market Committee to cut interest rates at its next meeting on 18 September. However, escalating geopolitical tensions in the Middle East and Africa are making investors fearful. Advertisements Consider this – After the easing of U.S inflation, traders expected BTC to change hands at a premium. However, the coin […]

Ethereum has failed to hold levels above $2,800, with the recent uptrend showing signs of weakening. Despite the exchange-supply ratio at record lows, ETH price continues to struggle. Ethereum [ETH] jumped to a multi-week high above $2,800 on the 24th of August as the broader cryptocurrency market rallied. ETH has since lost some of these gains, […]

Ethereum demonstrated signs of recovery, though it remained below previous highs amid cautious market sentiment. Rising Ethereum exchange outflows indicated investor confidence, possibly pointing to a bullish trend ahead. Ethereum [ETH], the second-largest cryptocurrency by market capitalization, has recently experienced a modest recovery in its price, trading at $2,661 at the time of writing. Advertisements […]