Ethereum Watch

Ethereum outperformed all other networks in terms of development activity. Whale interest in ETH declined significantly in the last few days. The recent buzz around ETFs on the Ethereum [ETH] network did not interrupt development activity on the Ethereum network one bit. Advertisements Development on the rise Ethereum had one of the highest number of […]

Data revealed that the memecoin’s strong ties to ETH could stall further growth High exchange outflows might help PEPE Frog-themed memecoin Pepe [PEPE] was one of the few top-50 cryptocurrencies to register gains in the last 24 hours. At press time, PEPE was trading at a value of $0.000011, following a 3.35% hike its its […]

Data showed that the latest upgrade could tank BNB Chain’s revenue. Broader trader sentiment was positive, suggesting that BNB’s price can retest $600. On the 20th of June, BNB Chain, the decentralized blockchain ecosystem released a major update. According to the chain, through BEP 336, users on the network can make transactions with a 90% […]

Ethereum’s Open Interest has decreased, potentially easing market tensions. The asset’s price shows signs of recovery, with a current rise to $3,585. In recent developments within the cryptocurrency markets, Ethereum [ETH] has shown signs of a modest recovery after a turbulent period. Advertisements Over the last 24 hours, ETH has seen a rise of 1.5%, […]

The percent of ETH supply on exchanges has dropped to an eight-year low. ETH rebounded from its decline in the previous trading session. Not only has Ethereum’s [ETH] price declined in the last few days, but its supply on exchanges has also decreased. This decline aligns with the trend in its Netflow, which has seen […]

Altcoin dominance has declined by 15% in the last month. The demand for ETH remained significantly low, putting the altcoin at risk of a further price decline. Altcoin dominance has cratered by double digits in the last month. At 9.88% at press time, it has fallen by 15% in the past 30 days, according to […]

Ethereum whales accumulated large amounts of ETH in the last few days. Developments for Ethereum ensued, price remained stagnant. Ethereum’s [ETH] price has remained stagnant over the last few days, despite this, whales have shown interest in the ETH token. Advertisements Ethereum whales move in The number of Ethereum wallets holding significant amounts of ETH […]

While Open Interest increased, Funding Rate stalled. The price of the altcoin might keep swinging between $3,400 and $3,600 in the short term. One day after Ethereum’s [ETH] Open Interest dropped to $13.14 billion, it added another billion to its value. At press time, the Open Interest (OI) was $14.10 billion, according to data from […]

Whale accumulation of ETH grew, according to recent data. Network growth and velocity of ETH fell materially. Ethereum’s [ETH] recent dip in price did not reduce the optimism that traders and investors had in the slightest. Advertisements Ethereum whales start to buy Recent data showed that Ethereum whales, or large-scale investors, have accumulated over 700,000 ETH […]

Bitcoin’s network saw more NFT sales than Ethereum’s over the past week. Floor prices of BAYC and CryptoPunks fell to multi-month lows too The sales volumes of non-fungible tokens (NFTs) on the Bitcoin [BTC] network surged last week, exceeding that of Ethereum [ETH], according to data from CryptoSlam. Advertisements Over the aforementioned period, Bitcoin’s NFT […]