Ethereum Watch

Advertisements ETH continued to trade above $2,300 despite the transfer. The price might climb above $3,000 if market conditions improve. According to Spot On Chain, Ethereum [ETH] was part of the cryptocurrencies let go by defunct crypto exchange FTX and its sister firm Alameda. Based on the post, the firms sent 1,000 ETHs to Coinbase. […]

Advertisements Ethereum’s whales have reignited their interest in ETH. Interest in NFT trades on the network fell. Despite the recent volatility experienced by Ethereum [ETH], there has been a noticeable increase in the altcoin over the past few days. Recent whale behavior also supported this notion. Whales move in According to Lookonchain, a substantial whale […]

Advertisements ETH must test a key support level at $2,150 to move up.  Market indicators suggested the possibility of a price downtrend.  Ethereum [ETH] witnessed a price correction a few days ago as it slipped under the $2,300 mark. However, it continued holding on to a key support zone at press time. A drop below […]

Advertisements Ethereum’s futures monthly volume rose to a three-year high on the Chicago Mercantile Exchange Group in January. Open interest on the exchange also registered a new high in January.  Key volatility markers showed that the coin remained prone to price swings. Ethereum’s [ETH] futures monthly volume on derivatives marketplace Chicago Mercantile Exchange Group (CME […]

Advertisements Monthly ETH withdrawals are now around $1.2 billion. The historical ETH balance on Binance hits its lowest in months. Ethereum [ETH] experienced a significant outflow in the past week, contributing substantially to the total outflow volume for the entire month. How has this impacted the available supply on exchanges, particularly Binance, the largest exchange? […]

Advertisements Over half of ERC-20 tokens launched in 2023 showed patterns of scams. Interactions with these scam tokens have been kept under 2%. Ethereum [ETH] is the largest decentralized finance (DeFi) platform globally. It hosts numerous platforms that leverage the ERC-20 token standard for launching tokens. However, recent reports show that some of the tokens […]

Advertisements Ethereum has completed the second testnet upgrade. ETH concluded the month with a decline. Ethereum [ETH] is nearing the implementation of the Dencun upgrade on its mainnet, having recently activated the upgrade on another of its testnets. Despite the coming upgrade, the network still holds the majority share of the Total Value Locked (TVL). […]

Advertisements The Ethereum network saw a 28% jump in the creation of daily addresses.  The increase in spot prices failed to move the derivatives market. Ethereum [ETH] has recovered well since its precipitous fall on the 22nd of January, which saw the second-largest asset lose 10% of its value. The second-largest asset clocked a steady […]

Advertisements The trading volume of Solana’s DEX, Jupiter, surpassed Uniswap in the past 24 hours. The SOL market remained plagued by bearish sentiments as the price moved sideways.  Solana [SOL]-based decentralized exchange (DEX) Jupiter saw its trading volume climb significantly in the last 24 hours, surpassing Ethereum [ETH]-based Uniswap [UNI], according to data from CoinGecko. […]

Advertisements Ethereum’s staking market cap surged to $65.45 billion. ETH’s liquid supply has been going downhill over the last two years. Ethereum [ETH] staking showed no signs of saturation as the total supply locked in ETH’s deposit contract surged to a fresh all-time high (ATH). ETH staking on a roll According to AMBCrypto’s analysis of […]