Ethereum Watch

Advertisements The Ethereum community is anxiously awaiting the mainnet launch of EIP-1559. Ethereum’s forthcoming London upgrade, containing the highly-anticipated Ethereum Improvement Proposal (EIP) 1559, has been deployed on the Ropsten testnet. Following the launch on Ropsten on Thursday, London is now expected to progress through Ethereum’s Goerli, Rinkeby and Kovan testnets at roughly weekly intervals — […]

Ethereum is still struggling to gain pace above $2,000 against the US Dollar. ETH price is still below the 100 hourly SMA, while bitcoin surpassed $35,000. Advertisements Ethereum is still struggling to clear the $2,050 and $2,060 resistance levels. The price is trading near the $2,000 barrier and the 100 hourly simple moving average. There […]

A recent post on CryptoQuant by TemptingBeef has confirmed that the number of staked Ethereum on the ETH 2.0 deposit contract has now exceeded 100,000. This means that the number of staked ETH is now more than 5% of the amount of Ethereum that is currently in circulation. Advertisements Advertisements Chart showing the amount of […]

Advertisements Traders are looking for BTC and ETH to make a decisive move ahead of Friday’s $6 billion in quarterly futures and options expiries, but what does back-tested data show? Bitcoin price has slightly recovered from its sharp dip below $29,000, but generally, the past month has not been generous to BTC and Ether (ETH). […]

Advertisements Ethereum could retest the $2,200 to $2,300 range with the new month of July Trader sentiment towards Ethereum remains negative and at its lowest since June 2018 There is a slight possibility of Ethereum dropping to the $1,200 to $1,400 range in the weeks ahead Ethereum (ETH) is once again attempting to reclaim the […]

Advertisements Total value locked across decentralized finance-enabled smart contracts has dipped 35% from its peak. The drop in the price of Ether (ETH) is failing to shake out the long-term holders, while the decentralized finance (DeFi) sector is also providing opportunities for investors.  So suggests a new Glassnode report that noted many long-term Ether holders (>155 […]

StakeHound has announced that it is suing crypto-custody firm Fireblocks for the loss of 38,178 ETH that has been rendered inaccessible due to negligence of the company. The press release said that they had been informed of the incident on the 2nd of May 2021. But all efforts to resolve the issue were not successful. […]

Advertisements The 14th-largest cryptocurrency by market capitalization jumped by more than 55% after bottoming out at $20.14 on Tuesday. An overnight bounce across the cryptocurrency assets this Wednesday saw Solana (SOL) outpacing its top rivals, including Bitcoin (BTC) and Ether (ETH). The SOL/USD exchange rate surged 55.10% to $31.58 on Wednesday after bottoming out at […]

Advertisements The Bank of Israel has experimented with using Ethereum and nonfungible tokens for a pilot as part of its ongoing digital shekel research, a local report claims. Israel’s central bank has allegedly completed a pilot — under the radar — for a central bank digital currency (CBDC) using Ethereum’s technology. The claim was made […]

Cardano founder Charles Hoskinson has predicted a quick victory of Ethereum over Bitcoin. Advertisements Charles Hoskinson talked about cryptocurrencies and why he believes ethereum is poised to overtake bitcoin in the near future. He started by talking about the speed of bitcoin transactions. Pointing to the sluggishness of the network and how slow it is […]