Ethereum Watch

The Ethereum Foundation has sold over 1,000 ETH again Its previous selling spree was received by much criticism from the community Over the last 24 hours, the Ethereum Foundation has executed two transactions, selling more of its ETH holdings in exchange for DAI. This move comes despite facing significant criticism during their previous large-scale sale […]

Bank of Japan’s rate hikes could trigger new cryptocurrency market turmoil. Japan’s crypto market share declines as the Prime Minister’s departure looms. Recent volatility in the global economy, especially in cryptocurrencies, has raised concerns about the effects of major financial decisions. Advertisements The Federal Reserve’s anticipated interest rate cuts have fueled concerns, with George Lagarias, […]

Ethereum traded in a massive triangle at press time, with analysts predicting a possible double bottom pattern. Whale transactions and active addresses increased, signaling potential upward momentum for ETH’s price. Ethereum [ETH] has faced significant challenges in recent weeks, continuing its downward trajectory in both price and market sentiment. Following a price slump last month, […]

Solana’s ETP inflows surged 7,600% despite a broader market downturn. Solana outperformed Bitcoin and Ethereum in year-to-date performance, showing significant resilience. Despite the broader crypto market experiencing a downturn in September, some coins have demonstrated notable resilience. Advertisements While many assets struggled, certain cryptocurrencies stood out by maintaining stability or even gaining traction during this […]

Advertisements contributor Edited By: Saman Waris Posted: September 3, 2024 Share this article Advertisements There is a high possibility that ETH could fall 4% to the $2,400 level. ETH’s reserve on the exchanges has been increasing, indicating higher selling pressure from investors.  In this bearish market sentiment, a recent transaction of Ethereum [ETH] by WazirX […]

ETH’s inflation remains elevated after the implementation of the blobs in March Analysts are divided on how to address inflation with the low-cost blobs Analysts and insiders are calling for a revision of the current Ethereum [ETH] blobs to mitigate inflation and allow the second-largest altcoin to accrue value for its L2s (layer 2s).  Advertisements […]

Ethereum’s underperformance could delay the much-awaited altcoin season.  Bitcoin’s rising dominance could derail altcoin performance post-Fed rate cuts.  Ethereum’s [ETH] muted price action and the lackluster performance of US spot ETH ETFs could delay the much-awaited altcoin season. In fact, on 30th August, the US spot ETH ETFs record zero flows across the board. Advertisements […]

ETH’s supply crisis intensified as staking demand spiked and exchange reserves fell ETH fundamentals remained strong despite weak market sentiment Ethereum[ETH]’s supply crisis continues to intensify and could be a set-up for a possible strong rebound for the world’s largest altcoin. Advertisements In fact, according to on-chain analyst Leon Waidmann, ETH’s supply crisis has been […]

Ethereum shows potential for a bullish reversal, with a rare daily bullish divergence and narrowing Bollinger Bands. Macroeconomic shifts and on-chain data could propel Ethereum’s price upward, despite recent bearish momentum. Ethereum [ETH] was exhibiting signs of a price reversal at press time, with a bullish divergence emerging on the daily timeframe. This marks the […]

Selling pressure on Bitcoin and Ethereum increased. SOL and DOGE also witnessed over 4% price declines in the past 24 hours.  After quite a few days of promising upticks, the crypto market witnessed major corrections as several top coins tumbled. Advertisements Therefore, AMBCrypto planned to take a closer look at the states of top cryptos […]