Ethereum Watch

The metaverse, the next iteration of social media witnessed an unprecedented demand hike. In the last few months of 2021, digital real estate prices went up 400% to 500%. A report estimated the digital world would grow into a $1 trillion business in the near future. Advertisements Choosing my own ‘verse’ Memecoin, Shiba Inu and its […]

Advertisements NFTs have increased their lead over stablecoins and ERC-20 tokens in transfers on the Ethereum network since last July, while WBTC minted on chain has leveled off this month. Transfers of nonfungible tokens (NFT) on Ethereum have surpassed transfers of stablecoins and altcoins while the supply of wrapped Bitcoin (WBTC) has remained relatively stagnant […]

Solana joined Bitcoin’s free fall on the price charts on Tuesday. While once it was among the few cryptos in the green, SOL corrected by 8.5% as it traded just above the $85-mark. Advertisements Even so, there seems to be a reason to rejoice for Solana’s developers. SOL-o Growth  Looking at the number of developers, […]

VeChain has been trading in the green during the last day as the crypto market shows signs of a potential recovery. The cryptocurrency could be benefiting from positive developments around its most recent partnerships. Advertisements Related Reading | VeChain (VET) Sends Bearish Signals? Analyst Points Key Levels At the time of writing VET records a […]

Advertisements StarkNet hopes to inspire creativity among the developer community and lead the layer 2 building boom. StarkNet, the layer-2 (L2) scaling solution established by Ethereum protocol StarkWare, announced that the first few decentralized apps, or DApps, built on the platform have been deployed since it launched on the Ethereum Mainnet in November. Now that the StarkWare […]

While there has been no dearth of hacks and exploits within the cryptocurrency space, one of the most infamous ones transpired in 2016. At the time, around 3.64 million Ether were siphoned off The DAO protocol. The hack remains unsolved to this day. However, crypto-journalist Laura Shin is now claiming to have uncovered new evidence […]

Ethereum had seen its balances on exchanges decline through 2021. This happened despite continuous market rallies that sent the digital asset towards all-time highs. Investors had accumulated all through bull rallies instead of trying to dump their coins, leading to reduced supply on centralized exchanges. This was also propelled forward by the growing popularity of […]

Advertisements Ethereum could find a floor at $1,900 ETH’s $3,000 support seemed strong earlier this year, but has since been lost Ethereum underwent a death cross in late January and could be gearing up for more losses amidst global geopolitical tensions between Ukraine and Russia $2,150 could hold for Ethereum forming a double bottom The […]

Ethereum‘s main chain is expected to merge with its Beacon Chain later this year, effectively turning it into a Proof of Stake protocol. In anticipation of this, users have increasingly been staking their ETH, with the staking deposit contract amassing over 9.41 million Ether worth over $24.83 billion at press time. Advertisements While anticipation for […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements In recent months, macro factors have had a bearish impact on the price of cryptocurrencies. Even though the past three weeks have seen a bullish price movement on the charts for Ethereum, it was […]