Michael Nderitu 
ETH bulls push past the $1800 and eye the $2,000 level in less than 4 weeks to the Shanghai upgrade. Low leverage underpins the current rally, lowering the risk of an extended downside. ETH bulls have finally summed up enough momentum to push out of its 6-month low range. Meanwhile, the Ethereum network just confirmed … Read more
ETH sees surge in demand which may remain in the long term courtesy of deflationary milestone ETH shorts traders suffer as price pivots while demand for leverage recovers Ethereum’s EIP 1559 in August last year marked an important milestone for the network and ETH. The impact of that milestone is particularly evident in the fact … Read more
ETH might be prone to more sell pressure as Voyager liquidates its holdings. Long positions shift in favor of shorts as bearish market conditions prevail. The ghost of 2022’s crypto contagion is yet to be exorcised. A wave of ETH sell pressure might be on the way courtesy of distraught crypto firm Voyager. Realistic or … Read more
ETH’s latest liquidations indicate a bullish bias among investors. The king alt is back to uncertainty amid a fall in demand and sell press pressure. ETH is experiencing a surge in leverage trades following the volatility and demand slowdown since early February. A contrast to its performance in January, but recent observations suggest an increased … Read more
The Shanghai Upgrade will be released in three days. As a result of the upgrade, LDO has seen a surge in staking. The coming week is extremely important for the Ethereum [ETH] community because the Shanghai upgrade is scheduled to take place in three days, counting down from press time. There has been a lot … Read more
Circle rolls out new Euro-based stablecoin as an ERC20 token on Ethereum. Ethereum’s on-chain metrics rose as a result of the announcement. The Ethereum [ETH] network just added support for another stablecoin. The network has so far supported multiple stablecoins, but most are pegged on the U.S. dollar. This time the latest addition is Euro … Read more
A look at the key challenges that developers have encountered in the days leading up to the Shanghai upgrade. Why challenges faced may not necessarily be a concern to the timeline. The Ethereum network is slated to end February with another major upgrade dubbed the Shanghai upgrade. It will facilitate liquid staking, which is why … Read more
Bitcoin and ETH derivatives register healthy recovery alongside spot demand. However, demand is still relatively low as traders proceed cautiously. The crypto market’s performance on a YTD basis has been different from the bearish performance last year. We have seen strong demand recovery, especially from the spot market. A recent analysis revealed how Bitcoin and … Read more
Sell pressure is building up following a retest of a key resistance level. Profit-taking in the futures market was observed but whales are holding on to their bags. Ethereum’s native cryptocurrency ETH achieved a new YTD high during Thursday’s (16 February) bull run. However, it has since pulled back, confirming that the bulls are battling … Read more
ETH whales lead the charge in recent rally. Short squeeze turbocharges ETH’s momentum after exiting bear trap. Ethereum [ETH] concluded a bearish second week of February, but the tide was changing at press time. The crypto market delivered a bullish performance over the last two days and ETH was not left behind. Read Ethereum’s [ETH] … Read more
