Ethereum Watch

Advertisements Ethereum’s CPI revealed that institutional investors in the USA have reduced their exposure to the altcoin On the daily chart, daily traders were spotted distributing their ETH holdings  Ethereum’s [ETH] Coinbase Premium Index (CPI) recently slipped into negative territory, suggesting that institutional investors in the USA have reduced their accumulation of the altcoin on […]

Advertisements ETH reserves across centralized crypto exchanges fell to a five-year low. Staked ETH supply has been hitting new all-time highs almost daily. Ethereum’s [ETH] liquid supply plummeted to new depths, as seasoned investors explored options other than active trading. As per a recent update by on-chain analytics firm Glassnode dated 11 August, ETH reserves […]

Advertisements ETH’s price volatility has dropped to its lowest point in a decade. Its correlation with BTC might keep its price stagnated for a while. In its 10-year history, Ethereum’s [ETH] volatility has dropped to its lowest level, data from IntoTheBlock revealed. At the time of writing, this was 16%. Ethereum’s volatility is at a […]

Advertisements y00ts’ disclosure of its move to Ethereum has been met with intense debate. NFT sales across blockchains have decreased in the last 30 days. In a surprising turn of events, Polygon [MATIC]-based NFT collection y00ts has made a strategic decision to ignore the possibility of a move back to Solana [SOL]. Instead, it announced […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements A bounce in ETH prices searching for liquidity near $1850 was a possibility. The lack of volatility meant traders looking to enter the market can wait for more favorable conditions Ethereum [ETH] was […]

Advertisements The launch of PYUSD had little to no impact on the market. Analysts opined that regulators would approve several Ethereum futures ETFs. This year, the evolution of the cryptocurrency market has been marked by various milestones. First, it was the approval of a leveraged Bitcoin [BTC] Exchange Traded Fund (ETF). Now, payment giant PayPal […]

Advertisements Paypal launched its stablecoin as an ERC-20 token on the Ethereum network. Sentiment around Ethereum improved, but price movement remained the same. Recently, online payment leader PayPal forayed into the digital currency sphere via its own stablecoin named PayPal USD [PYUSD]. The stablecoin will maintain a 1:1 peg to the US dollar and derive its […]

Advertisements Ethereum’s Galaxy Score was high, which was a typical bull signal. Whales continued to accumulate, and derivatives metrics were positive. Ethereum [ETH] has been sitting comfortably under the $1,900 mark, because of which investors have been bearing losses. In fact, the king of altcoins’ number of addresses in profit reached a one month low. […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements For some time, Ethereum [ETH] has been experiencing a relatively subdued period in the market. However, analysts are cautioning against interpreting this phase as a weakness in the altcoin. Some of those backing ETH […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH’s price action remained below the 12-hour chart order block. A breach of the range-low ($1828) could tip ETH to sink lower. The king of altcoins, Ethereum [ETH], has remained below a key […]