Ethereum Watch

Despite anticipation around the Ethereum ETF, ETH-based memecoins showed marginal gains. While some see bullish potential in Ethereum’s future, Andrew Kang predicted a possible price drop. Due to the anticipated approval of the Ethereum [ETH] ETF, altcoins are enjoying a bullish surge, while Bitcoin [BTC] is hovering near the $60k mark. Advertisements This has also […]

Ethereum chalked out a classic descending channel pattern on the daily chart, confirming a bearish edge. The immediate support range at the $3,200 level can determine ETH’s near-term trajectory. Ethereum’s [ETH] reversal from the $3,900 resistance level over the past month has set the stage for the bears. Advertisements The altcoin’s increasing Open Interest trend […]

Spot Ether ETFs may reduce Ethereum’s price to as low as $2,400. Institutional interest in Ethereum is less compared to Bitcoin, affecting ETF conversion rates. As Ethereum [ETH] trails Bitcoin in performance, its price has seen a 5.1% decrease over the past 24 hours, bringing it to a current valuation of $3,315. Advertisements This recent […]

Ethereum outperformed all other networks in terms of development activity. Whale interest in ETH declined significantly in the last few days. The recent buzz around ETFs on the Ethereum [ETH] network did not interrupt development activity on the Ethereum network one bit. Advertisements Development on the rise Ethereum had one of the highest number of […]

Data revealed that the memecoin’s strong ties to ETH could stall further growth High exchange outflows might help PEPE Frog-themed memecoin Pepe [PEPE] was one of the few top-50 cryptocurrencies to register gains in the last 24 hours. At press time, PEPE was trading at a value of $0.000011, following a 3.35% hike its its […]

Data showed that the latest upgrade could tank BNB Chain’s revenue. Broader trader sentiment was positive, suggesting that BNB’s price can retest $600. On the 20th of June, BNB Chain, the decentralized blockchain ecosystem released a major update. According to the chain, through BEP 336, users on the network can make transactions with a 90% […]

Ethereum’s Open Interest has decreased, potentially easing market tensions. The asset’s price shows signs of recovery, with a current rise to $3,585. In recent developments within the cryptocurrency markets, Ethereum [ETH] has shown signs of a modest recovery after a turbulent period. Advertisements Over the last 24 hours, ETH has seen a rise of 1.5%, […]

The percent of ETH supply on exchanges has dropped to an eight-year low. ETH rebounded from its decline in the previous trading session. Not only has Ethereum’s [ETH] price declined in the last few days, but its supply on exchanges has also decreased. This decline aligns with the trend in its Netflow, which has seen […]

Altcoin dominance has declined by 15% in the last month. The demand for ETH remained significantly low, putting the altcoin at risk of a further price decline. Altcoin dominance has cratered by double digits in the last month. At 9.88% at press time, it has fallen by 15% in the past 30 days, according to […]

Ethereum whales accumulated large amounts of ETH in the last few days. Developments for Ethereum ensued, price remained stagnant. Ethereum’s [ETH] price has remained stagnant over the last few days, despite this, whales have shown interest in the ETH token. Advertisements Ethereum whales move in The number of Ethereum wallets holding significant amounts of ETH […]