Ethereum Watch

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements Last week, it was discovered that the former U.S. President and 2024 White House contender Donald Trump held up to $500,000 in an Ethereum [ETH] wallet, as per an April filing with the U.S. […]

Advertisements Increased L2 adoption has led to a jump in transaction count across Ethereum Mainnet and major optimistic rollups. Due to the launch of friend.tech, Base outperformed Optimism and Arbitrum last week. The transaction numbers between Ethereum [ETH] Mainnet and major optimistic rollups recently hit their second-highest value ever, IntoTheBlock noted in an 18 August […]

Advertisements The SEC may approve the several Ethereum ETF applications it has received. ETH’s price jumped as the news broke. According to a Bloomberg report, Ethereum [ETH] futures Exchange-Traded Fund (ETF) may be approved by the U.S. SEC sooner than expected. The report, which came out on 17 August, noted that the regulatory is unlikely […]

Advertisements The lack of external catalysts forced top cryptos to stay glued to their narrow ranges. Experts said that the silent phase could be utilized for innovations in the industry. The fiercest critics of cryptocurrencies’ high volatility may be finding it hard to stomach the ongoing dynamics of the market. For the uninitiated, the crypto […]

Advertisements The stablecoins that makeup Curve’s 3pool have seen increased outflows since the hack. The demand for CRV continues to fall, putting downward pressure on price. In the aftermath of Curve’s reentrancy exploit of July 30, 3pool, one of the decentralized exchange’s (DEX) prominent liquidity pools, continue to experience capital flight, research firm Kaiko noted […]

Advertisements ETH could recover if the open interest continues to decrease. However, the potential rebound to $2,000 depends on the average market behavior. After enduring a period of low volatility and price retracement, Ethereum [ETH] was now standing at a crucial juncture, presenting a potential scenario for a rebound. This was the opinion of Korean […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements Ethereum volume indicators showed selling pressure was dominant, but the on-chain metrics showed otherwise. Combined with the lack of a strong trend, a bullish resurgence was possible in the coming weeks. Ethereum [ETH] […]

Advertisements Ethereum has gained around 300% against Bitcoin recently. BTC is trending higher than ETH YTD despite gains. Bitcoin [BTC] and Ethereum [ETH] continue to be the leading digital assets. This fact was underscored when traditional financial institutions applied for ETFs for both these assets. Nevertheless, their price trends in the current market exhibit distinct […]

Advertisements Ethereum’s CPI revealed that institutional investors in the USA have reduced their exposure to the altcoin On the daily chart, daily traders were spotted distributing their ETH holdings  Ethereum’s [ETH] Coinbase Premium Index (CPI) recently slipped into negative territory, suggesting that institutional investors in the USA have reduced their accumulation of the altcoin on […]

Advertisements ETH reserves across centralized crypto exchanges fell to a five-year low. Staked ETH supply has been hitting new all-time highs almost daily. Ethereum’s [ETH] liquid supply plummeted to new depths, as seasoned investors explored options other than active trading. As per a recent update by on-chain analytics firm Glassnode dated 11 August, ETH reserves […]