Ethereum Watch

One of Ethereum’s top whales has dumped seven thousand tokens, making over $16 million in profits. Ethereum’s price has seen very minute increases; Analysts expect bulls to take control back. Ethereum [ETH], the second-largest cryptocurrency in the world, continues struggling to regain its footing after a dramatic free-fall that sees investors holding on for dear […]

Whales accumulated over $9 million worth of ERC-20 tokens. Pepe and LINK saw a more positive price trend than UNI. Recently, Pepe [PEPE], Uniswap [UNI], and Chainlink [LINK] witnessed significant whale accumulations. While UNI stood out with its distinct price trend, PEPE and LINK displayed similar price movements. Advertisements Another commonality among these assets is […]

ETH’s price appreciated by over 5% on 3 May This contributed to a hike in the number of short positions liquidated Ethereum’s [ETH] 7% price rally during the intraday trading session on 3 May caused short liquidations on its derivatives market to rally to a two-month high, according to Coinglass.  Advertisements In fact, the on-chain […]

Michael Saylor predicts Ethereum will be classified as a crypto-asset security Charles Hoskinson was quick to respond to the Bitcoin maxi’s comments The United States is taking steps towards regulating the cryptocurrency market, beginning with platforms like Kraken, Coinbase, and Uniswap. Now, it would seem that it’s turning its attention towards Ethereum [ETH]. As expected, […]

BTC and ETH traded below their maximum pain points, suggesting that traders might face severe losses Implied Volatility dropped, implying a lack of bullish expectations going forward Bitcoin [BTC] and Ethereum [ETH] options contracts worth about $2.3 billion are set to expire on Friday, 3 May. According to Deribit Exchange, the Bitcoin options are valued […]

Stablecoins are set to be “mainstream,” per Bitwise exec.  Exec suggests Ethereum, Solana as starting points for stablecoins investments. Asset manager Bitwise sees the booming $159.5 billion stablecoin market as another crypto frontier worth investors’ attention. Advertisements In Q1 2024 alone, Tether [USDT], the leading stablecoin issuer by market cap, netted a record $4.5 billion […]

Trading volumes in crypto have plummeted to January lows. Bitcoin and Ethereum prices have declined slightly, impacting market activity. The crypto market is witnessing a significant lull, with trading volumes dropping to levels not seen since the start of the year. Advertisements This downturn accompanies a noticeable decrease in the prices of major cryptocurrencies, with […]

Lido’s price rise leads to an increase in the market cap of liquid staking assets. At the time of this writing, LDO was trading at approximately $2.13 As the past week drew to a close and the new one began, Ethereum [ETH] experienced a minor rebound. Similarly, Lido Dao witnessed a comparable movement. Advertisements Data […]

Resistance at $3,353 could force ETH to decline to $3,120. In the midterm, the price might fail to surpass $4,000. Ethereum’s [ETH] rise to $3,300 on the 28th of April returned optimism to the market. However, according to AMBCrypto’s analysis, the joy market participants might have had could be momentary. Advertisements One reason for this […]

Consensys sued the SEC in Texas over Ether’s classification Org has challenged the SEC’s allegations, while advocating for fairness and clarity With the debate around Ethereum’s [ETH] possible classification as a security becoming long and tiresome, Consensys, a blockchain software giant, recently made news. It did so by taking a bold step and initiating legal […]