Ethereum Watch

Electricity consumption has been one of the major concerns with the advent of cryptocurrencies especially Polkadot. Though with models running with the Proof-of-Stake (PoS) consensus mechanism, this electricity use seems to be minimal since their process for transaction validations is staking. But the story is not the same for those running with Proof-of-Work (PoW) such […]

Ever since the Ethereum network had launched its Beacon Chain for staking in December 2020, enthusiasts have waited for the day that the chain will finally be merged with Ethereum’s mainnet, giving way for the Proof of Stake consensus to be the only mechanism through which new ETH is created. While unfortunately, a specific date […]

Advertisements Users will still need to provide a full Ethereum address however as ENS domains have not yet been integrated. In Sept. 2021, Twitter enabled Bitcoin payments as the first cryptocurrency payment option available via its tipping jar. Wednesday, the social media platform added a slew of fresh payment services to these existing tipping options, including […]

Analysis shared by the WhaleStatsBSC Twitter account showcased interesting holding behavior. The largest Binance Smart Chain whales were holding Bitcoin, Ethereum and several other major altcoins. But here’s what changed over 24 hours of trading in the holding activity. Advertisements Playing the long game Binance Smart Chain (BSC) whales are not showing signs of slowing […]

Advertisements Ethereum addresses have been on a strong, steady increase since last year, but daily transaction volumes and the number of whales on-chain are decreasing. New data reveals that the Ethereum network gained 18.36 million addresses with a balance greater than zero in 2021. That works out to an astonishing growth rate of 1.53 million […]

Bitcoin has maintained dominance over altcoins like Ethereum and others for the longest time. This dominance, although has declined over time, still helps the digital asset maintain its title as the most valuable cryptocurrency in the space. However, in only a matter of years, bitcoin’s dominance on the market has declined by half, and according […]

Advertisements Global tensions that could trigger a correction in markets abound, but traders say ETH’s current setup could result in a swift return to the $4,000 level. Global and macroeconomic concerns ranging from rising inflation rates in the United States to the prospect of Russia invading Ukraine continue to spark volatility in financial markets. To […]

The past two weeks showcased a sizeable bullish recovery attempt after the bears pushed the prices to their multi-month lows on 24 January. Thus, Ethereum and IOTA continued their up-channel trajectories while jabbing through crucial support levels. On the flip side, Uniswap saw a rectangle breakout as the bears tried to defend the $12.5-area. Advertisements […]

With the market-wide retracement in the last few days, the Bitcoin fear and greed index saw a slight pullback as it kept hovering into the ‘fear’ zone. Ethereum and Dogecoin witnessed an up-channel breakdown on their 4-hour charts. Uniswap fell by marking a reversal pattern. Any bullish comebacks are likely to find a barrier near […]

Advertisements Ethereum’s average transaction fees dropped by almost 73.3% just within a month — down to $14.17 from $53.03. The infamous transaction fees of the Ethereum (ETH) ecosystem underwent a decremental phase from Jan. 10 to record the lowest average and median fees of $14.17 and $5.67 — lowest since September 2021.  Data from Blockchair […]