Ethereum [ETH] traders going long must know these Q3 stats

Cryptocurrency research platform Messari, in a new report, assessed the performance of Ethereum [ETH] in Q3 2022. Titled “State of Ethereum Q3 2022,” Messari found that the blockchain witnessed an uptick in activity on the network in Q3 over the last quarter. However, the network also logged some sectoral declines and suffered a general drop … Read more

Why ETHPoW’s >40% surge post the Merge shouldn’t get miners all elated   

ETHPoW, in contrast to its recent development, rallied 44.85% from its value on 19 September. According to CoinMarketCap, the cryptocurrency went from $0.480 to trade at $6.73 at press time. For its investors, this could be a sigh of relief since the breakdown of servers led to a massive loss in value in one day. … Read more

Decoding why Ethereum [ETH] investors are unhappy after 15 Sept.

Despite being the most significant event in the history of its chain, the Ethereum merge has since failed to influence a positive price reaction for the leading altcoin, Ether [ETH].  According to data from CoinMarketCap, moments after the merge, the price of ETH rose to a high of $1634, after which it declined steadily. As … Read more

Ethereum’s Merge yields anti-climactic outcome, but here’s the catch

Ethereum just concluded the blockchain industry’s most anticipated event of 2022. The Merge garnered a lot of hype, especially in the last weeks but the entire period turned out anticlimactic for ETH’s price action. ETH failed to deliver a meaningful rally despite heavy expectations ahead of the Merge event. Cryptocurrencies have historically been bullish in … Read more

Ethereum risk-takers, Merge has laid out these trading levels for you 

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. At press time, Ethereum [ETH] stood on the precipice of the Merge. The next few hours of trading will reveal how the market participants feel as Ethereum switches to Proof of Stake (PoS). A huge … Read more

Ethereum: Here’s everything you might not know about Merge

Ethereum’s [ETH] transition to Proof-of-Stake (PoS) consensus has been the most-talked-about topic in the crypto industry. The craze around Merge can be compared to that of the craze around Bitcoin’s [BTC] whitepaper release. Amidst the hype, speculations, and narratives around ETH, it is important to consider one aspect- Are participating clients or partners ready for … Read more

Can short-squeeze narrative for Ethereum, Bitcoin actually deliver results

Negative market sentiment for Ethereum [ETH] and Bitcoin [BTC] caused derivative funding rates to remain negative. While both prices suffered a major setback, short traders followed the selling ritual. Now, could this provide an opportunity for the patient (long) traders following a “potential” squeeze? Deep wounds  The funding rates for BTC and ETH have remained … Read more

ETH vs. BTC: A change of scenario in the futures market has left BTC at #2

Bitcoin [BTC]‘s ever-dominating rise in the spot market (market cap) has left all rivals behind by a margin. Ethereum [ETH], the closest rival still has miles and miles to go before it could catch up with the king coin. However, what would happen if we change the battleground to the futures (market) instead? Here’s how … Read more

Here’s why trading ETHPoW tokens could open users to risk of losing mainnet Ethereum

Warning: There is a risk of relay attacks on individual users’ wallets if the ETHPoW ChainID is not updated as planned. Such attacks will cause users to lose $ETH equivalent to the ETHPoW sold. Recent concerns over The Merge were exacerbated after discovering that the Ethereum proof-of-work chain had not updated its ChainID to a … Read more

ETH’s options OI surges by >$4B – Here’s what it could mean for you

Ethereum [ETH], the largest altcoin saw a major decline below the $1,600 support similar to Bitcoin [BTC]. ETH even dived below $1,550 before the bulls tried to take a stand but failed. Despite the lack of real fireworks in ETH, open interest in futures markets continues to see unprecedented levels. Could this be a sign … Read more