Ethereum Watch

The largest ETH ETF, Grayscale, had a single-day outflow of $210 million. ETH also turned bearish, and most metrics hinted at a continued price drop.  Exchange Traded Funds (ETFs) have gained much traction since the beginning of this year with the launch of Bitcoin [BTC] ETFs. Things got even better over the last week as […]

Grayscale’s Ethereum Trust ETF saw $1.5 billion in outflows from the 23rd to the 26th of July. BlackRock’s iShares Ethereum Trust ETF attracted $87.2 million in inflows on the 26th of July. Since the approval of the spot Ethereum [ETH] ETF for trading, Grayscale Ethereum Trust ETF [ETHE] has experienced significant outflows. Advertisements Grayscale breaks […]

ETH has remained in the $3,200 price range. Its RSI showed it was in a bear trend. Ethereum [ETH] has experienced some price declines recently. However, during this period, there was a noticeable increase in the volume of large transactions. Advertisements Data analysis revealed whether this surge in transaction volume was primarily oriented toward buying […]

Both Bitcoin and Ethereum hiked by over 3% in the last trading session Compared to ETH, BTC seemed overvalued at press time Bitcoin and Ethereum have long been two of the market’s biggest cryptos. However, tribalism within the community has often placed them at opposite ends of any spectrum, which is why comparisons are common.  […]

Stablecoin supply grew in the last few days. USDT and USDC continued to dominate the market capitalization. There has been a noticeable increase in the market capitalization and supply of stablecoins, particularly Tether [USDT] and USD Coin [USDC]. Advertisements This growth has been significantly influenced by the recent approval of an Ethereum [ETH] ETF, which […]

ETH volume soars past $1 billion during the first 24 hours. The recent surge sparks investors optimism. After long months of waiting,  Ethereum [ETH] Exchange-traded funds (ETFs) went live on 23rd July. The crypto community has been eagerly awaiting the approval of ETH ETFs. Advertisements Since the approval of BTC ETFs early this year, the […]

Spot Ethereum ETFs were approved for trading on 23rd July.  Despite ETH’s sluggish performance at press time, bullish momentum persists.  After much anticipation and several rounds of revisions, the spot Ethereum [ETH] ETF has finally received full and final approval to commence trading in the United States on 23rd July. Advertisements SEC greenlights spot Ethereum […]

Ethereum has been on the verge of surging past the $3.5k resistance level over the last five days Traders can anticipate a rally towards $3.9k, but chances of a bearish reversal thereafter would solidify Ethereum [ETH], at the time of writing, was trading below the $3.5k-$3.6k resistance zone. Its momentum has stalled over the past […]

Analysts claimed that the Alt season could lag amidst a possible BTC dominance surge.  But other observers expected the alt season to be trigged by the US spot ETH ETF launch.   The altcoin market could hit an inflection point this week as US spot Ethereum [ETH] ETF begin to trade. As the largest altcoin, ETH […]

Polygon network has seen a surge in RWA interest, including a recent ECB trial.  MATIC traction on the price charts has slowed slightly, with $0.51 as a key price level.  Polygon [MATIC] founder Sandeep Nailwal has acknowledged rising Real World Asset (RWA) interest in the Ethereum [ETH] L2 network. His remarks followed the European Central […]