Ethereum Watch

Ethereum (ETH) had one of its worst days of the year on Monday, August 5, as the price experienced a steep 23% correction. The result of this infamous decline was a drop to $2,120 — a level it last reached in 2023. Advertisements However, while ETH has quickly recovered, the initial plunge likely marked the […]

Ronin Bridge, an Ethereum sidechain built for the popular play-to-earn non-fungible token game Axie Infinity, has been hacked. The hack caused 3,996 Ethereum (ETH) worth approximately $9.33 million to be lost. Advertisements Players use the Ronin Bridge to transfer assets between the Ronin chain and the Ethereum network. Ronin Bridge Compromised for $9 Million PeckShield confirmed the […]

Market analyst and trader Henrik Zerberg predicts a blow-off top in US markets for cryptocurrency and stock sectors. This prediction comes after the market-wide crash on Monday, which saw over $1 billion in crypto positions liquidated. Advertisements The crypto industry is recording a shift in sentiment, with Bitcoin up 8%, holding well above $55,000, and […]

The crypto market has been in turmoil, and Ethereum (ETH) is no exception. Amid this downturn, a rumor circulated that Justin Sun, founder of layer-1 (L1) blockchain TRON and advisor to Huobi, has been liquidated on his significant Ethereum positions. Advertisements However, Sun has addressed the fear, uncertainty, and doubt (FUD) and reaffirmed his commitment […]

During early Monday in Asian trading hours, Ethereum (ETH) plummeted to its lowest since January 2024, hitting a low of around $2,100. This sharp drop occurred in just a 15-minute window around 01:00 UTC, with Ethereum’s value nosediving from $2,540 to $2,100—a 15% fall. Advertisements This swift descent shocked traders, struggling to believe the rapid […]

During early Asia trading time, the crypto market experienced a drastic decline. According to CoinGecko, the total crypto market capitalization has dropped by 12.5%, now standing at approximately $1.97 trillion. Advertisements This marks the first time since mid-February that the market cap has fallen below the $2 trillion mark. Fed’s Rate Stance Spurs Speculation on […]

Grayscale’s Ethereum Trust (ETHE) has seen a notable reduction in outflows during its second week of trading, following a $1.5 billion outflow in the initial week. Advertisements According to blockchain analysis firm Arkham Intelligence, ETHE experienced an 80% drop in outflows as the second week progressed. Why Grayscale’s ETHE Outflows Declined On July 29, approximately […]

A “smart money” bought 4,000 Ethereum (ETH) tokens worth $12.58 million on Friday. The transaction drew attention, not only due to the prevailing market conditions but also because of the trader’s track record of successful purchases. Advertisements Retail investors and smaller traders often look to smart money investors for cues on market direction and potential […]

VanEck Head of Digital Assets Research Mathew Sigel says Solana ETFs (exchange-traded funds) could hit markets sooner than expected. The firm’s position differs from that of BlackRock, which thinks it may be premature to have the financial instrument now. Advertisements Solana (SOL) remains a formidable contender in the crypto market. It first challenged Ethereum on […]

An Ethereum ICO participant resurfaced on Tuesday, moving a large chunk of his investment to a new wallet. The early investor’s reemergence comes on time for the network’s ninth birthday. Advertisements ICO, short for initial coin offering, differs from a project’s launch date. During an ICO, the project issues digital tokens or coins for sale […]