Ethereum Watch

June is important for two reasons for the crypto market. Firstly it marks the end of the second quarter, and secondly, the end of June will also mark the arrival of the Merge. The highly anticipated event is expected to be a turning point for Ethereum [ETH] and maybe for the ones investing in the […]

Key Takeaways EVODeFi, a bridge in the Oasis Protocol ecosystem, may be $66 million short of funds. EVODeFi responded to the turmoil by pausing the bridge on June 7. The Oasis Foundation has issued a statement attributing those losses to FUD rather than protocol failures. Share this article URL Copied Advertisements Rumors of insolvency are circulating […]

Advertisements Key takeaways: Ethereum developers have successfully merged the Ropsten Testnet to the proof-of-stake beacon chain. The Merge of the Ropsten Testnet is meant to be a test run for the final Merge on the Ethereum mainnet. Transactions have successfully been included in the post-merge Ropsten blocks. The value of Ethereum in the crypto-markets is […]

Advertisements Key takeaways: Ethereum’s Merge will happen today on the Ropsten Testnet. A successful Merge of the Beacon Chain and the Ropsten testnet will be the first signal of a potentially successful launch on the Ethereum mainnet. Investors look forward to the transition of Ethereum to a Proof-of-stake algorithm as it will mean lower fees […]

Advertisements ETH’s bullish reversal candlesticks form near a strong support confluence, raising anticipations about a sharp upside retracement ahead. Ethereum’s native token, Ether (ETH), looks poised to undergo a sharp upside retracement in the coming weeks after painting a so-called “double Doji” pattern, accompanied by a few bullish technical indicators. Ether strong support confluence meets […]

The worsening condition of the crypto market has seeped through Ethereum. The market cap of Ethereum was purged by more than $100 billion last month. Advertisements Ethereum was trading at $1,809.49, down -6.9% Wednesday, chart by Coingecko shows. The bearish market stance is getting more consistent as Ethereum appears to settle at its comfort zone […]

Ethereum, the world’s largest altcoin, has seen unprecedented traction since its inception. Fair to say, the upcoming “Merge” has played a significant role in upping the associated interest in the crypto. ETH 2.0 is a multi-stage shift of the Ethereum network from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism. The transition would enhance […]