Ethereum Watch

Advertisements The latest centralized exchange blockchain from LA Token claims to be the DeFi Hub for its users and is compatible with all Ethereum-based networks, though it is off to a slow start in an increasingly competitive ecosystem. Crypto platform LA Token has become the latest exchange to launch its own blockchain with the LACHAIN […]

A new DeFi project presents an opportunity for investors to become early adopters and reap the rewards of taking such a risk. On the other hand, things can go sideways and an exploit can quickly put an end to any tender hopes and dreams. Now, as a section of the Fantom community struggles to get […]

Advertisements The migration to the proof-of-stake consensus appears to be progressing well by all numerical accounts, potentially signifying an anticipatory demand for the network’s long-awaited upgrade. Quantitative analysis conducted on popular blockchain site Etherscan indicates that 184,441 transactions have been responsible for 10.2 million Ether (ETH) staked into the Eth2 (consensus layer) deposit contract since inception on […]

Ethereum implemented the EIP-1559 in 2021 and since then, ETH has been burned every day. This upgrade has pushed the network towards becoming deflationary, taking more than 30% that would have gone straight into circulation and burning it. Now, only seven months after the upgrade was implemented, the network has reached another milestone of ETH […]

Advertisements Data also shows that the average gas price on Ethereum has been dropping rapidly since the start of the year, plunging from 218 Gwei on Jan.10 to 40.82 on Wednesday. Gas fees for transactions on the Ethereum blockchain have dropped to the lowest levels since August. But, they’re still not cheap. According to data […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements From its ATH, the king alt has been on a steep downtrend over the last four months. The descent saw a clash between the buyers and sellers at the $3,100-mark Point of Control (POC, […]

Advertisements Ethereum faces heavy competition from up-and-coming blockchains. Cointelegraph Research asks: Which can vie for the top blockchain spot? Ethereum is a decentralized finance giant that has seen significant growth over the past few years, spurred on by events like “DeFi Summer” and the rise of nonfungible tokens (NFTs).  Ethereum’s popularity, however, may be leading […]

Advertisements ETH price is stuck in a rut and these three metrics suggest the downtrend is nowhere near an end. Ether (ETH) is still in troubled waters after failing to break a five-week-long descending channel top for the third time in a row. The March 2 test of the $3,000 resistance was followed by a […]

Advertisements Ethereum price has been increasingly in lockstep with the Nasdaq, but there’s a catch. Another big drop in the U.S. stock market could leave Ethereum’s native token Ether (ETH) in a similar downside spell, according to the latest Bloomberg report on digital assets. Ethereum faces global recession risks Mike McGlone, the senior commodity strategist […]

“With public sentiment, nothing can fail. Without it, nothing can succeed” It seems, Abraham Lincoln summarized the emotions of the crypto-market long back. While the king coin has been garnering a lot of investors’ interest of late, Ethereum looks complacent in this regard. Well, the painful gas fee could be one of the reasons. Advertisements […]