Ethereum Watch

Amidst Ethereum’s [ETH] recent 16% surge in the past week, Jim Cramer, a respected market analyst and TV host, predicted that Ethereum ETFs’ will become the next big thing.  Advertisements On the 28th of February, Jim Cramer took to X (formerly Twitter), drawing parallels between Bitcoin’s [BTC] ascent and Ethereum’s surge to $3,400, said,  “Given […]

Advertisements For every loss-making transfer on the network, about 2.3 transfers were found to be profitable. All ETH holders were realizing gains over 20% on their investments on average. Ethereum [ETH] broke through $3,300 as bullish momentum into the world’s second-largest cryptocurrency continued to propel it upwards. At press time, ETH was up 2.61% in […]

Advertisements Ethereum surpassed $3200 at press time. FTX and Alameda’s ETH deposit raised questions about potential impacts on prices. Ethereum [ETH] recently surged past the $3200 mark, instilling optimism among holders. However, lurking beneath this positive momentum were potential challenges, with data revealing interesting moves by significant players that might cast shadows on ETH’s future. […]

Advertisements A wallet seemingly belonging to Justin Sun accumulated a substantial amount of ETH. Market sentiment and most indicators looked bullish on ETH. Ethereum [ETH] has been sitting comfortably above $3,000 over the past 24 hours, thanks to its bullish price action. The trend seems to have carried forward to this week, as ETH’s daily […]

Advertisements Ethereum bulls have strong support just below the $2900 mark. A rally to $3500 could commence if the bullish sentiment continues to intensify. Ethereum [ETH] sailed above the psychological $3000 resistance on the 25th of February. It closed the daily trading session at $3014 on the 20th, but ETH dipped to the $2900 area […]

Advertisements Monthly NFT sales on Ethereum have reached a 10-month high. The general NFT market capitalization has risen by double digits in the last month. The monthly sales of non-fungible tokens (NFTs) on the Ethereum [ETH] network have reached their highest in ten months, surpassing $430 million, according to data from CryptoSlam.  In the last […]

Advertisements Dencun and Electra upgrades shape Ethereum’s development landscape. ETH’s price witnessed a minor correction, while network growth and velocity fell. In recent weeks, Ethereum [ETH] experienced a substantial surge in its price, reflecting heightened market activity. Behind this surge was significant developments within the Ethereum network, poised to propel the growth of this cryptocurrency […]

Advertisements Ethereum’s burn rate spiked in January. This has resulted in a decline in the coin’s circulating supply. 18,109 Ether [ETH], worth around $53.17 million at press time, have been removed from circulation in the last 30 days, pushing its circulating supply to a new post-Merge low, per Ultrasound.money. Advertisements Source: Ultrasoundmoney.com Information from the […]

Advertisements Ethereum’s price faced uncertainty as a dormant ICO participant began to move holdings. NFT trades occurring on the network declined. On the 20th of February, following Ethereum’s [ETH] price surpassing $3,000, an ICO participant, who was dormant for 8.6 years, deposited 1,732 ETH, which amounted to $5.15 million on Kraken at press time. The […]

Advertisements If Bitcoin dominance falls, ETH and ADA might lead the altcoin rally. The broader market was bullish on both cryptocurrencies. Despite the price hike experienced lately, crypto analyst Dan Gambardello said Ethereum [ETH] and Cardano [ADA] have not made big moves to confirm the much-anticipated altcoin season. Gambardello mentioned this in a YouTube session […]