Ethereum Watch

Advertisements Developers of ENS have announced plans to implement Layer 2 interoperability.  ENS has seen increased buying pressure in the past few weeks. During a community call on 28 June, ENS Labs, the developer team behind the Ethereum Name Service [ENS], announced its plans to introduce Layer 2 (L2) interoperability for ENS domains.  Realistic or […]

Advertisements BTC and ETH long contracts were far more than shorts, but these positions’ expiration could mark the highest in months. The Put Call Ratio of both assets remained bullish despite rising concerns. With the cryptocurrency market buzzing with increased activity, about $7.2 billion in Bitcoin [BTC] and Ethereum [ETH] options contracts may be set […]

Advertisements Ethereum’s exchange reserve increased which meant it was reeling under selling pressure.  Most of the market indicators were bearish, but a few metrics supported the bulls.  After crossing the $1,900 mark, Ethereum [ETH] once again witnessed price corrections as its value declined. Interestingly, a tweet from Lookonchain pointed out that whales were selling their […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The H4 market structure and momentum of Ethereum were bearish. The move above $1930 collected liquidity before rejection, showing seller dominance. As the largest altcoin in the market, Ethereum [ETH] is an asset […]

Advertisements Top ETH NFT collections such as BoredApe and CryptoPunks have witnessed a drop in their floor price. ETH’s on-chain metrics were bearish, suggesting that investors must wait for another price pump.  Ethereum’s [ETH] state in the NFT ecosystem seemed to have been dwindling for quite some time as the prices of its top NFT […]

Advertisements Volatility and trading volume jumped sharply over the last 24 hours. ETH held by top non-exchange addresses amassed hit its all-time high. Ethereum [ETH] bulls and bears were locked in an intense battle around the $1900 level on Monday as the second-largest crypto in the market welcomed the long-evasive volatility. Is your portfolio green? […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The first quarter of the new year brought a stop to the heartbreak investors repeatedly experienced in 2022. However, the balance of the crypto-market has been nothing close to the AI hype of […]

Advertisements ETH price hovered around $1,890, inching closer to the $1,900 price zone. ETH supply on exchanges continued to decline, reaching a record low. Ethereum [ETH] trended sideways for weeks and eventually slid. However, it has embarked on an upward trajectory, breathing new life into the market. Nevertheless, amidst this surge, the available supply of […]

Advertisements About 39 Holders who have owned BAYC for more than one year have sold the asset. The collection’s floor price decreased but sales volume outpaced every other one across various blockchains. Some long-term holders of Bored Ape Yacht Club [BAYC] have let go of their NFTs, according to information from Nansen. In its 23 […]

Advertisements Exchange supply decreased while short-term price action tilted upwards. ETH experienced high liquidity despite low network congestion. According to Santiment, Ethereum [ETH] fees were back to the low points experienced in March. During that period, ETH exchanged hands a little above $1,700. But a few weeks later, the altcoin surged to $2,100. Read Ethereum’s […]