Ethereum Watch

While Open Interest increased, Funding Rate stalled. The price of the altcoin might keep swinging between $3,400 and $3,600 in the short term. One day after Ethereum’s [ETH] Open Interest dropped to $13.14 billion, it added another billion to its value. At press time, the Open Interest (OI) was $14.10 billion, according to data from […]

Whale accumulation of ETH grew, according to recent data. Network growth and velocity of ETH fell materially. Ethereum’s [ETH] recent dip in price did not reduce the optimism that traders and investors had in the slightest. Advertisements Ethereum whales start to buy Recent data showed that Ethereum whales, or large-scale investors, have accumulated over 700,000 ETH […]

Bitcoin’s network saw more NFT sales than Ethereum’s over the past week. Floor prices of BAYC and CryptoPunks fell to multi-month lows too The sales volumes of non-fungible tokens (NFTs) on the Bitcoin [BTC] network surged last week, exceeding that of Ethereum [ETH], according to data from CryptoSlam. Advertisements Over the aforementioned period, Bitcoin’s NFT […]

Ethereum ETF approval is expected by September allowing issuers to prepare for trading. ETH price declined post-announcement but showed recovery. After much anticipation regarding the approval of Ethereum [ETH] spot Exchange Traded Funds (ETFs), the SEC has finally provided a specific timeline. Advertisements Is SEC ready to approve the ETH ETF? During a budget hearing […]

Toncoin has seen more daily active addresses than Ethereum since the beginning of the month. TON’s weighted sentiment was positive for the first time since June started. Toncoin [TON], the blockchain network linked to the popular messaging app Telegram, has seen more demand than the leading Layer 1 blockchain, Ethereum [ETH], since the beginning of […]

The CME FedWatch Tool has indicated a low probability of a cut. Senator Warren’s letter hinted at Bitcoin’s bullish situation. With the Federal Open Market Committee (FOMC) meeting scheduled for the 12th of June, the crypto community is abuzz with speculation about its effect on market dynamics. Advertisements Current indications suggest that interest rates will […]

Spot ETH ETF’s prospective issuers are awaiting feedback from the SEC. ETH has seen significant selling pressure in the past few weeks. Ethereum’s [ETH] selling pressure mounts as prospective spot ETH exchange-traded-fund (ETF) issuers await comments from the Securities and Exchange Commission (SEC) on the state of their S-1 filings, submitted on the 31st of […]

More whale addresses have accumulated ETH in the last few weeks. ETH’s bull trend has continued to weaken with the price drop. Ethereum [ETH], which has been moving closer to a bear trend over the past few days, has presented a buying opportunity for large investors. Advertisements According to recent data, big wallets have acquired […]

Ethereum’s price dropped by over 2% in the last seven days. A metric suggested that ETH’s price was near its market bottom.  Ethereum [ETH] bears dominated the last week as the token’s price dropped. However, this might be the last chance for investors to accumulate more ETH while its price is low. Advertisements ETH was […]

Iggy Azalea’s MOTHER token reflects the memecoin trend after the NFT craze Despite Buterin’s critique, MOTHER surged by 1,200% Once a stranger to Solana [SOL], Australian rapper Iggy Azalea has launched her own Solana-based memecoin, Mother Iggy (MOTHER). However, this isn’t the first time such a trend has emerged either.  Advertisements In 2021, various celebrities […]