Ethereum Watch

 Fresh spot BTC ETFs are on the cards in the Far East. A spot ETH ETF approval might be seen first in Hong Kong, given the current developments. The introduction of a Bitcoin [BTC] spot ETF is no longer a novel development in the United States, and it is anticipated that a spot Ethereum [ETH] […]

Advertisements SEC postponed its verdict on the applications for spot Ethereum ETFs from BlackRock and Fidelity. Price of ETH remained unaffected and continued to grow. The United States Securities and Exchange Commission (SEC)  decided to postpone its determination on the approval or rejection of Ethereum [ETH] exchange-traded funds (ETFs) submitted by BlackRock and Fidelity, according […]

Amidst Ethereum’s [ETH] recent 16% surge in the past week, Jim Cramer, a respected market analyst and TV host, predicted that Ethereum ETFs’ will become the next big thing.  Advertisements On the 28th of February, Jim Cramer took to X (formerly Twitter), drawing parallels between Bitcoin’s [BTC] ascent and Ethereum’s surge to $3,400, said,  “Given […]

Advertisements A wallet seemingly belonging to Justin Sun accumulated a substantial amount of ETH. Market sentiment and most indicators looked bullish on ETH. Ethereum [ETH] has been sitting comfortably above $3,000 over the past 24 hours, thanks to its bullish price action. The trend seems to have carried forward to this week, as ETH’s daily […]

Advertisements Monthly NFT sales on Ethereum have reached a 10-month high. The general NFT market capitalization has risen by double digits in the last month. The monthly sales of non-fungible tokens (NFTs) on the Ethereum [ETH] network have reached their highest in ten months, surpassing $430 million, according to data from CryptoSlam.  In the last […]

Advertisements Dencun and Electra upgrades shape Ethereum’s development landscape. ETH’s price witnessed a minor correction, while network growth and velocity fell. In recent weeks, Ethereum [ETH] experienced a substantial surge in its price, reflecting heightened market activity. Behind this surge was significant developments within the Ethereum network, poised to propel the growth of this cryptocurrency […]

Advertisements Ethereum’s price faced uncertainty as a dormant ICO participant began to move holdings. NFT trades occurring on the network declined. On the 20th of February, following Ethereum’s [ETH] price surpassing $3,000, an ICO participant, who was dormant for 8.6 years, deposited 1,732 ETH, which amounted to $5.15 million on Kraken at press time. The […]

Advertisements Ethereum showed strong bullish sentiment on the price charts. A retest of the range highs would provide an ideal buying opportunity. Ethereum [ETH] saw a minor pullback from $2867 to $2719 from the 15th to the 17th of February. This came after the strong breakout past the range highs at $2.6k, a level that […]

Advertisements ETH’s staked supply has more than doubled since the Shapella upgrade.  The number of validators looking to enter the network jumped to a 4-month-high. Ethereum [ETH] staking got a big boost with the launch of Shapella Upgrade last year, and since then, there’s been no looking back. According to on-chain research firm IntoTheBlock, Ethereum’s […]

Advertisements Ethereum’s fees jumped 270% between the 5th and the 9th of February. ETH rose over 9% in the last week in USD terms. The blockchain ecosystem has seen a meteoric rise in recent years, with the entry of several new projects and advancements of the existing ones. However, amidst all these developments, the status […]