Ethereum Watch

ETFs reshape cryptocurrency, propelling Bitcoin to surpass previous all-time highs. Clear regulations are needed for Ethereum to protect consumers and stabilize markets. The Exchange-traded funds (ETFs) have revolutionized the cryptocurrency landscape, particularly for Bitcoin. These ETFs, combined with other external factors, have tossed Bitcoin’s price to surpass its previous all-time high. Advertisements However, the market’s […]

Degen Chain’s explosive growth has sparked debate on the utility of L3s.  Polygon Chief claims that L3s could undermine Ethereum’s security and value.  Polygon [MATIC] CEO Marc Boiron has expressed his reservations about Ethereum [ETH] layer 3s (L3s) and highlighted their risks.  Advertisements Penning his thoughts on X (formerly Twitter), Boiron stated that L3s siphon […]

Bitcoin and Ethereum showcased a bullish market structure on the 12-hour chart. Key retracement levels have been defended thus far, but a retest can’t be ruled out yet. Bitcoin [BTC] and Ethereum [ETH] continued to trade within the short-term range. They have a bullish bias on the higher timeframe price charts, and whales were accumulating […]

BlackRock CEO said Ethereum ETF approval is likely despite ETH designation. Hopeful issuers are adding “staking” to ‘nudge the SEC.” Blackrock’s Larry Fink’s recent take on Ethereum [ETH] ETF approval has many commentators speculating on possible outcomes. Advertisements In a recent interview with FOX Business, Larry Fink was asked if one can start an ETH […]

Solana’s weekly DEX volume surpassed $13.3 billion. Solana’s potential to outperform Ethereum in the near future was highlighted by Celestia’s COO. Solana’s [SOL] decentralized exchange (DEX) activity witnessed a record-breaking surge in transaction volumes, coinciding with the broader cryptocurrency market.  Advertisements Notably, Solana’s weekly DEX volume surpassed $13.3 billion, marking a significant milestone in the […]

An Ethereum whale that has been holding ETH for a long period of time sells its holdings. Price of ETH remains unaffected, however, activity on Ethereum’s ecosystem poses concerns. After seeing a massive rally over the last week, the price of Ethereum[ETH] started to get stagnant around the $3500 price level. Due to this stagnancy, […]

Ethereum displayed a bullish market structure on the 1-day chart. However, buyers were fighting for control and winning at press time. Ethereum [ETH] witnessed a negative Coinbase Premium after the recent retracement from $4.1k. Advertisements The complications surrounding an Ethereum ETF could explain why U.S. investors have grown less bullish on the asset in March. […]

Grayscale’s CLO reiterated the SEC’s strong case for Ether ETF approval.  Commodity futures also suggested potential for spot Ether ETF approval. 2024 has been a significant year for the cryptocurrency market, marked by strong recovery in prices and investor confidence. Advertisements With the success of Bitcoin [BTC] ETFs, attention has turned to the possibility of […]

An analysis suggested a bull rally for altcoins. Market indicators remained bearish for XRP and Ethereum.  The market witnessed quite some volatility in the recent past, but altcoins like Ethereum [ETH] and Ripple [XRP] held their ground last week. Advertisements In fact, a recent analysis hinted at yet another altcoin rally in the coming days.   […]

Solana recorded the highest stablecoin volumes for three months in a row. Solana’s rise was linked with the growth of USDC. Solana [SOL] has solidified its position as the largest chain for stablecoin settlements, outperforming its competitors comprehensively. Advertisements Solana for stablecoins According to AMBCrypto’s analysis of Artemis data, the network handled more than $310 […]