Ethereum Watch

Advertisements Ethereum miners and developers might be fighting over network upgrades but derivatives data shows investors are still wildly bullish. As Bitcoin price dropped below $55,000 on March 15, Ether (ETH) pulled back to confirm the $1,750 level as support. This signals optimism from professional traders despite the 12% drop that occurred after Ether price […]

Advertisements Summary: The Ethereum network has seen a rise in daily active addresses Such an increment in network activity points towards Ethereum retesting $2k Ethereum balances on crypto exchanges continue to decrease Ethereum is probably being diverted to DeFi, NFTs, Cold Storage and ETH 2.0 Staking Only a weak Bitcoin will delay Ethereum from retesting […]

Advertisements Ether miners coming out in force against the Ethereum Improvement Proposal that can slash the reward ratio by over 50%. The EIP-1559 is a network upgrade that seeks to send a small fraction of the fee associated with all ETH transactions directly to the network. The tokens will be subsequently burned, thereby reducing the […]

Ethereum is started a major decline from well above $1,850 against the US Dollar. ETH price is trading near the key $1,700 support, below which it could decline heavily. Advertisements Ethereum declined further below the $1,800 and $1,750 support levels. The price is now trading well below $1,800 and the 100 hourly simple moving average. […]