Ethereum Watch

Advertisements Ethereum’s net supply has been shrinking at an annual rate of 0.248% Projections highlighted interesting observations for Ethereum’s supply More than 307,000 Ethereum [ETH] coins have exited circulation since the pivotal ‘Merge’ event. In fact, this was the lowest volume of ETH in circulation since the network made a historic shift from the proof-of-work […]

Advertisements The continuous influx of funds into crypto over the past six weeks surpassed the total inflows observed in 2022. Last week, Ethereum recorded its highest weekly inflows since August 2022. Digital asset investment products recorded inflows totaling $261 million last week, marking the sixth consecutive week of inflows, digital asset investment firm CoinShares found […]

Advertisements contributor Posted: November 16, 2023 Advertisements Blackrock’s spot Ethereum ETF plan sees development with an S1 filing The firm has chosen Coinbase Custody as the custodian for its spot ETF ETF Investment management giant – Blackrock’s spot Ethereum ETF application officially makes its way to the SEC’s desk. The firm has officially submitted its […]

Advertisements Ethereum (ETH) joins the spot ETH league as Blackrock makes the first move towards its application The coin’s price has rallied in the market ever since the news started circulating on crypto Twitter Ethereum (ETH), the second-largest cryptocurrency in the market, has seen significant gains in the past hour. The rise comes right when […]

Advertisements Traders became optimistic as ETH’s price grew. Sentiment around ETH spiked and network usage remained the same. Ethereum [ETH] bears recently met their day of reckoning as ETH’s prices surged after the latest Ethereum ETF development. Due to the spike in ETH price, trader behavior was impacted significantly. Looking at the traders According to […]

Advertisements ETH surpassed the supply wall between $1,972 and $2,030, rising as high as $2,127. Traders are targeting an upward movement for ETH in the region of $2,153. Ethereum’s [ETH] movement on the chart was one that attracted a lot of criticism due to its inability to match Bitcoin’s [BTC] uptrend over the last few […]

Advertisements Ethereum’s daily new addresses have been rising recently. ETH fell for the second day but maintained the $2,000 price range. Factors beyond the latest ETF application drove the recent increase in Ethereum’s [ETH] price. The actions of addresses on the network have also played a significant role in influencing the movement of ETH.  Ethereum […]

Advertisements Ethereum’s revenue hit $10 billion as demand for ETH increased over the week. Network activity also rose but transactions later dropped. ETH, the native cryptocurrency of the Ethereum blockchain, had tongues wagging over the course of the just-ended week. This was because BlackRock filed for an Ethereum ETF, triggering a breakout for ETH as […]

Advertisements BTC and ETH climbed over the $36,000 and $2,000 price range, respectively. BTC and ETH positions liquidation lead crypto market liquidations. On 9th November, Bitcoin [BTC] and Ethereum [ETH] underwent significant price movements, propelling them into new price ranges. Consequently, the market witnessed a substantial increase in liquidations, accompanied by notable shifts in other […]

Advertisements Ethereum was up by more than 2% in the last 24 hours. Buying sentiment remained dominant in the derivatives market. All eyes have been on Ethereum [ETH] as it managed to remain above the $1,900 mark for some time now. Adding to the excitement, new data revealed that ETH has managed to break a […]