Ethereum Watch

Ethereum was priced at $3030 and the altcoin king noted a sharp decline of 11% in the past week. Major cryptocurrencies are all on a downtrend, after breaking past their immediate support levels. Advertisements Bitcoin was priced below $40k and had declined by 12% over the past week. The global cryptocurrency market cap stood at […]

Advertisements Quick take: Ethereum core developer Tim Beiko has confirmed that the Ethereum merge will not happen in June as anticipated Tim Beiko believes it will come ‘in the few months after’ June However, Ethereum developers are in the final chapter of transitioning the network from proof-of-work to proof-of-stake Approximately 11.4 million ETH has been […]

Ethereum’s price, at press time, was picturing an interesting setup after its latest crash. ETH seemed to be hovering above a crucial support area, one that prevented a further increase in selling pressure by absorbing it. Therefore, interested investors can start accumulating the smart contract token at its press time levels for further gains. Advertisements […]

Advertisements Former Ethereum developer Virgil Griffith has been sentenced to 63 months in prison and a $100,000 fine for violating sanctions on North Korea. Virgil Griffith, a former Ethereum (ETH) developer has been sentenced to 63 months in prison and will pay a fine of $100,000 for attending a conference and assisting North Korea use […]

Ethereum is attempting an upside correction above $3,000 against the US Dollar. ETH price must clear $3,130 and the 100 hourly SMA to continue higher. Advertisements Ethereum started an upside correction from the $2,950 zone. The price is still trading below $3,100 and the 100 hourly simple moving average. There was a break above a […]

Advertisements Ethereum’s latest upgrade from a proof-of-work network to a proof-of-stake blockchain passed a key test phase The process dubbed The Merge was successfully trialed on a private mainnet staging area known as a shadow fork The event is one of two test stages before the upgrade ships to the public mainnet While desired results […]

Advertisements The ETH futures premium turned bearish and the network’s TVL dropped 22% from its peak, but how is this impacting pro traders’ sentiment? Ether (ETH) lost the critical $3,000 psychological support level on April 11 after a 16% weekly negative performance. Bulls were definitively caught by surprise as $104 million in leveraged long futures […]

Advertisements Summary: Ethereum developer Virgil Griffith will serve 63 months in federal prison for visiting North Korea without the permission of the US Government Griffith also has to pay a $100,00 fine for his role in helping North Korea to use crypto to evade sanctions He was arrested in November 2019 after giving a talk […]

Total market capitalization for cryptocurrencies dipped by 10% over the past week and 4.15% in 24 hours. Consequently,  ETH suffered the wrath of decline. Usually, FUD (Fear, Uncertainty, and Doubt) is a part of a rally. But, curiously, Ethereum witnessed FUD in its bear market this time.  Advertisements Well, ETH saw a 5% price correction […]

Ethereum gained bearish momentum below the $3,100 level against the US Dollar. ETH price extended decline and settled below the $3,000 support zone. Advertisements Ethereum started another decline and traded below the key $3,000 support. The price is now trading below $3,050 and the 100 hourly simple moving average. There is a connecting bearish trend […]