Ethereum Watch

Advertisements OKEx has integrated Polygon (MATIC) The integration opens the doors to faster and cheaper transfers of ETH and ERC20 tokens to the Polygon network 23 digital assets will benefit from the new efficiency brought about by integrating Polygon MATIC’s 50-day moving average is providing adequate support at the $1.30 price area The crypto exchange […]

Ethereum started a steady increase and cleared the $2,550 resistance against the US Dollar. ETH price is now struggling to climb higher above $2,650 and the 100 hourly SMA. Advertisements Ethereum gained pace for a move above the $2,500 and $2,550 resistance levels. The price is struggling to settle above $2,600 and the 100 hourly […]

Advertisements Ethereum’s average gas fee has dropped to levels last seen in mid-2020 It now costs roughly 26.9 GWEI to complete an Ethereum transaction Ethereum’s daily transaction count has also dropped to mid-2020 levels Ethereum miner revenue has also reached a 3 month low All these metrics point towards a drop in network activity on […]

OKEx, the leading global crypto exchange and derivatives trading platform has taken a huge step in making it easier for its users to trade Ethereum based assets by integrating with one of the fastest-growing Ethereum Layer-2 scaling solutions. With the latest development, OKEx has become one of the first exchanges to integrate with Polygon which […]

Advertisements Reduced network activity is resulting in lower fees for Bitcoin and Ethereum as both recede heavily from their all-time highs. The cost of using the Bitcoin and Ethereum blockchains is on the rapid decline, as evidenced by a 93%–95% reduction in average transaction fees over the past couple of months. Fees are paid to the […]

Advertisements Dfinity founder Dominic Williams has criticized Ethereum’s emerging ecosystem of layer-two solutions for exposing users to counterparty security risks. Dominic Williams, the founder of Dfinity and its Internet Computer, has slammed the scaling solutions put forward by Polkadot and Ethereum for offering a disjointed user experience. The self-described “blockchain maximalist” criticized Ethereum’s burgeoning ecosystem […]

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Advertisements The ETH/BTC exchange rate has surged by around 40% after bottoming out at 0.055 BTC. But the pair appears to be heading into a bull trap. A recent run-up in Ether (ETH) prices against its top rival, Bitcoin (BTC), appears to be at the risk of exhaustion, even as analysts see the second-largest cryptocurrency […]

Advertisements Ethereum whales holding 1k to 10k ETH are still holding their coins The Ethereum whales started accumulating ETH in October 2020 Ethereum’s daily address activity is on the decline which is bearish Trader sentiment towards Ethereum continues to be negative and could lead to a capitulation event Ethereum whales holding 1,000 to 10,000 ETH […]

Ethereum started a fresh decline from the $2,850 resistance against the US Dollar. ETH price is down over 5% and it is struggling to stay above $2,420. Advertisements Ethereum declined sharply after there was a clear break below the $2,650 support. The price is now well below $2,650 and the 100 hourly simple moving average. […]