Ethereum Watch

Steady decline of Ethereum was partly due to lowered transaction fees Other leading L2s saw rising transaction counts while ETH lost out slightly Ethereum [ETH] has performed poorly since April, especially compared to Bitcoin [BTC]. As the leader of the altcoin market, some participants expect ETH to lead the altcoins’ bullish charge. As things stand, […]

Solana and Ethereum have both held significant milestones while fostering a competitive rivalry However, a recent event may exacerbate tensions between the two In its monthly report, Swiss crypto bank Sygnum highlighted Solana [SOL]  as Ethereum’s [ETH] most significant challenger in the finance sector and a viable alternative for numerous rollouts and development breakthroughs. Advertisements Often […]

Bitcoin ETFs IBIT and FBTC excelled with over $10 billion in assets amid the market downturn. Ethereum ETFs struggled, facing cumulative outflows as Bitcoin and Ethereum prices declined. As the cryptocurrency market grapples with a broader downturn, Bitcoin [BTC] ETFs are not immune to the prevailing trends. Advertisements Recent reports from Farside Investors reveal that […]

ETH has declined by 6.18% in 24 hours. Ethereum daily active addresses have declined by 18.32% from 382k to 312k YTD. Ethereum [ETH] has experienced a sharp decline over the past week. Over this period, ETH has declined by 5.46%. In fact, as of this writing, Ethereum was trading at $2480. This marked a 6.18% […]

EigenLayer finally rolls out its EIGEN crypto with an impressive FDV and major listings. A recap of the EigenLayer’s TVL and other performance metrics. Ethereum based restaking protocol EigenLayer kicked off October with the unlocking and listing of its EIGEN crypto. According to the Eigen Foundation’s official X handle, the unlock means the token is […]

ETH’s performance against Bitcoin was less than ideal, leading to a weekly bearish structure. Until the $2.8k and $3k levels are breached, the outlook will remain bearish. Ethereum [ETH] witnessed a continued increase in gas fees as the network activity marched higher. This is attributed partly to the rising use of decentralized finance (DeFi) platforms […]

Base hit new TVL and stablecoin marketcap highs as bullish excitement returned to the market. Performance stats confirmed healthy improvement in confidence and network utility The tides have changed in September in favor of crypto bulls and Base is among the networks that have been capitalizing on this shift. This is evident by looking at […]

Crypto speculators remain wary of profit-taking and price correction concerns There haven’t been consecutive ETH/BTC green weekly candles since April 2024 Most cryptocurrencies were trading in the green on Friday after making decent advances between Wednesday and Thursday. In fact, the market-wide gains reversed an early midweek dip, one which ensued after a sluggish start […]

Ethereum dominance is declining despite overall market cap being on the rise. ETH staying above all weekly moving averages signals strength. Ethereum [ETH], the second-largest cryptocurrency by market cap, is facing challenges in maintaining its dominance in the broader crypto market. Advertisements While the total market cap of cryptocurrencies, excluding stablecoins, shows a long-term upward […]

The SEC has delayed its decisions on BlackRock and Bitwise Ethereum ETF options until November. Ethereum ETFs face $624.4 million in outflows, led by Grayscale’s Ether ETF. The U.S. Securities and Exchange Commission (SEC) has extended its timeline for reviewing Nasdaq’s proposal to list and trade options on BlackRock’s iShares Ethereum [ETH] Trust (ETHA). Advertisements […]