Ethereum Watch

Advertisements Put options for ETH rose significantly, indicating bearish sentiment within the market. Implied Volatility witnessed an uptick as price declined. Despite earnest endeavors from Ethereum’s [ETH] development team to enhance the protocol, the price of ETH experienced a significant downturn in the past month. This decline exaggerated the bearish sentiment in the market towards […]

Advertisements Six institutions have filed applications for Ethereum ETF. ETH and S&P 500 prices trend separately as stocks gain more value. A recent report showed that certain financial institutions have begun applying for an Ethereum ETF. As ETH gains recognition as an asset class in traditional finance, its price trend could be affected. – How […]

Advertisements The NFT volume on the blockchain reached its lowest since November 2022. Blur dominated OpenSea but trading activity on both marketplaces decreased. Once recognized as a thriving landscape of digital art and collectibles, the Ethereum [ETH] NFT market was now experiencing a period of turbulence as activity and volume took a notable downturn. According […]

Advertisements ETH outperformed BTC in terms of price movement over the last month. Addresses continue to accumulate ETH, but interest in Ethereum NFTs falls. Despite the institutional interest showcased in Bitcoin over the last month, Ethereum[ETH] was the cryptocurrency that gained significantly during this period, compared to the king coin. Is your portfolio green? Check […]

Advertisements MEV rewards spiked to over 6,000 during the weekend. Ethereum transactions and TVL remain normal as ETH’s bearish trend continues. Amidst a whirlwind of turbulence in the DeFi space over the weekend, the Ethereum Maximal Extractable Value (MEV) soared to remarkable heights. It hit levels that were not seen in a long time. This […]

Advertisements The sales of Ethereum and Polygon-minted NFTs on OpenSea have fallen to their lowest level this year. Blur continues to overshadow OpenSea in terms of monthly trading volume.  The monthly sales volume of Ethereum and Polygon-based non-fungible tokens (NFTs) on the leading marketplace OpenSea has plummeted to its lowest point this year as July […]

Advertisements ETH staked through liquid staking platforms increased progressively since the beginning of 2023. Liquid staking commanded 36% of the total ETH staking market share. Ethereum [ETH] staking began in December 2o2o, providing an opportunity for investors to lock up their holdings and earn passive income on the same. The interest was fueled by the […]

Advertisements Monthly trade volume for both assets stayed muted over much of Q2 and July thus far. BTC and ETH deposits to exchanges have been on a downward spiral for weeks. The ongoing quiet in the crypto market has put the spotlight back on one of the most-talked about topics in the sphere – volatility. […]

Advertisements ETH bulls might regain control after the price drops to the 0.786 Fibonacci level. Federal Reserve’s interest rate announcement adds a layer of uncertainty. In the last two weeks, we observed as ETH bears brought the price down. This week the market has so far slid lower, and notably to a level where we […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements Ethereum did not have a clear trend but a retest of the range lows could produce a bounce. If Bitcoin sees losses in the coming days, Ethereum could fall toward $1750. Ethereum [ETH] […]