Ethereum Watch

Advertisements The potential of Ethereum’s ETF approval has grown steadily. Short term holders outnumbered long term holders as ETH’s MVRV ratio rose. Ethereum’s [ETH] connection with the recent Bitcoin [BTC] ETF developments sparked interest and anticipation in the crypto sphere. While Ethereum already experienced positive effects from Bitcoin’s ETF journey, there’s a growing sense that […]

Advertisements Overcoming the $1,960 resistance could lead to a surge above $2,000. The OBV reflects a higher volume which could trigger an uptick. For Ethereum [ETH], the last seven days have been impressive, thanks to a 10.24% price increase. However, the double-digit hike has stalled, as ETH dropped to $1,780 in the last 24 hours. […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH extended its bullish rally past the $1,800 price level. Supply on exchanges continued to dip, highlighting strong buying pressure.  Ethereum [ETH] followed Bitcoin [BTC] in registering significant gains over the past week. […]

Advertisements Metrics revealed that investors were still buying Ethereum. Its MVRV Ratio was up, suggesting that ETH’s price might go up soon.  Ethereum [ETH] astonished investors with its latest bull rally that allowed it to surpass the $18,000 mark. In fact, during that period, ETH’s supply on exchanges hit a historic low level. However, the […]

Advertisements Ethereum whales have accumulated over $70 million in the last three days. ETH has added almost 10% to its price in the last 48 hours. In recent days, a group of whales has made substantial investments and displayed optimistic indicators. These whales have been moving their Ethereum [ETH] holdings out of storage and opening […]

Advertisements Grayscale’s ETHE trust is currently traded over-the-counter, which limits its accessibility. The final decision will likely take several months. The US Securities and Exchange Commission (SEC) has confirmed the receipt of Grayscale Investments’ application to convert its Grayscale Ethereum Trust (ETHE) into a spot Ethereum exchange-traded fund (ETF). This could potentially open up Ethereum […]

Advertisements Ethereum’s TVL recently dipped to a 12-month low. At press time, Tron seemed like a worthy contender to overthrow Ethereum. Is Ethereum [ETH] still the king of PoW networks? The answer might not be as straightforward as one might expect. Perhaps with a “yes, but…” and for good reason. Let’s explore why. Is your […]

Advertisements Ethereum surged over $1,600 after reports of a new spot ETF application emerged Many traders have since taken long ETH positions As the week neared its end, another Ethereum spot exchange-traded fund (ETF) announcement emerged. This begs the question – Did Ethereum respond in a manner reminiscent of Bitcoin’s reactions to ETF updates in […]

Advertisements Bitcoin and Ethereum recorded significant outflows over the last 7 days While BTC noted a positive 30-day MVRV, ETH’s was negative Bitcoin and Ethereum embarked on an action-packed journey over the past week, as indicated by a recently observed metric. Nevertheless, investors in the top two cryptocurrency giants saw divergent outcomes in terms of […]

Advertisements Members of Lido’s governance body are considering a new proposal to discontinue the protocol’s operations on Polygon.  The demand for MATIC has plummeted in the past ten days.  In the wake of Lido Finance’s [LDO] withdrawal from the Solana [SOL] network, a proposal has surfaced among community members to sunset the liquid staking protocol […]