Ethereum Watch

Brandt predicted that Solana could double versus Ethereum. Solana showed significant growth despite recent network issues. Solana [SOL], a cryptocurrency that previously aimed for $200, has encountered setbacks amidst a bearish sentiment in the weekly charts. Advertisements However, its 24-hour price cycle depicted a 3.56% surge, mirroring optimism in the border market. Inasmuch, renowned crypto trader […]

Peter Brandt criticized Ethereum as a “junk coin” due to perceived flaws Most experts, however, are optimistic about Ethereum’s future  The crypto-market recorded significant volatility in the first quarter of 2024, with many leading cryptocurrencies such as Ethereum [ETH] and Bitcoin [BTC] both rising and falling. Ethereum, in particular, has showed some promising signs beyond […]

JPMorgan’s report sheds light on the decline in Lido’s staked Eth share. SEC had emphasized lack of network decentralization in evaluating Ethereum’s security status. For the last couple of weeks, the Securities and Exchange Commission (SEC) has been actively pursuing an investigation into Ethereum [ETH], aiming to classify it as a security. Advertisements This investigation […]

US SEC seeks comments on ETH ETF applications for Grayscale, Bitwise and Bitwise.  Analyst maintains low odds of May approval, calls the comments “standard procedure.” On the 3rd of April 2024, the U.S. Securities and Exchange Commission (SEC) opened a public comments period for Ethereum [ETH] ETF filing amendments tied to Bitwise, Fidelity and Grayscale.  […]

Amidst the uncertainty around Ethereum ETFs, ETH declined by 7.98% over the week. Despite optimism about EigenLayer’s protocol, challenges with Ethereum restaking were noted. As anticipation mounted for the potential approval of Ethereum [ETH] Exchange-traded Funds [ETFs], market sentiment toward Ethereum appeared to be uncertain. Advertisements According to CoinMarketCap, ETH was priced at $3,315.89, declining […]

ETFs reshape cryptocurrency, propelling Bitcoin to surpass previous all-time highs. Clear regulations are needed for Ethereum to protect consumers and stabilize markets. The Exchange-traded funds (ETFs) have revolutionized the cryptocurrency landscape, particularly for Bitcoin. These ETFs, combined with other external factors, have tossed Bitcoin’s price to surpass its previous all-time high. Advertisements However, the market’s […]

Degen Chain’s explosive growth has sparked debate on the utility of L3s.  Polygon Chief claims that L3s could undermine Ethereum’s security and value.  Polygon [MATIC] CEO Marc Boiron has expressed his reservations about Ethereum [ETH] layer 3s (L3s) and highlighted their risks.  Advertisements Penning his thoughts on X (formerly Twitter), Boiron stated that L3s siphon […]

Bitcoin and Ethereum showcased a bullish market structure on the 12-hour chart. Key retracement levels have been defended thus far, but a retest can’t be ruled out yet. Bitcoin [BTC] and Ethereum [ETH] continued to trade within the short-term range. They have a bullish bias on the higher timeframe price charts, and whales were accumulating […]

BlackRock CEO said Ethereum ETF approval is likely despite ETH designation. Hopeful issuers are adding “staking” to ‘nudge the SEC.” Blackrock’s Larry Fink’s recent take on Ethereum [ETH] ETF approval has many commentators speculating on possible outcomes. Advertisements In a recent interview with FOX Business, Larry Fink was asked if one can start an ETH […]

Solana’s weekly DEX volume surpassed $13.3 billion. Solana’s potential to outperform Ethereum in the near future was highlighted by Celestia’s COO. Solana’s [SOL] decentralized exchange (DEX) activity witnessed a record-breaking surge in transaction volumes, coinciding with the broader cryptocurrency market.  Advertisements Notably, Solana’s weekly DEX volume surpassed $13.3 billion, marking a significant milestone in the […]