Ethereum Watch

AAVE’s V3 to offer more flexibility for users AAVE witnesses some demand from top whales in anticipation of the rollout The Aave Protocol and its community are currently preparing for the rollout of the Aave Protocol V3. The latter will particularly target the Ethereum [ETH] market, where it might be a big deal. A recent […]

Advertisements Thanks to Ethereum removing the stigma associated with “altcoins,” more projects have the opportunity to prove their name doesn’t matter. Altcoin originally meant “Bitcoin alternative” because, in the early stages of cryptocurrency development, every blockchain-based currency was seen as a sort of Bitcoin (BTC) knockoff. Cryptocurrencies back then were mainly used for payments, such […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements Long and short-term ETH holders saw gains If BTC’s bearish sentiment persists, ETH could find new support at $1217.22 and $1166.83  Ethereum [ETH] witnessed a drop just as it headed into the weekend. It […]

This week saw a positive recovery in some crypto assets, Ethereum included. It is gaining momentum and preparing for a bullish rally in the days to come. Although Ethereum is still below $1,300, some factors suggest a possible increase to $1,350 and $1,550. Advertisements The crypto market has been filled with FUD (fear, uncertainty, and […]

Ethereum’s total net issuance witnessed a massive spike. The number of Ethereum’s retail investors also grew over the past few days. Glassnode, a crypto analytics firm, reported that over the past few weeks, there was a significant increase in the total net coin issuance of Ethereum. Advertisements                 […]

An analyst predicted that ETH’s price would touch $450 before seeing any significant rally. On-chain data suggests that the analyst’s position might be misconceived.  The dormancy on the ETH network, however, has to see a reversal for the price to rally in the long term  According to CrypotQuant analyst Ghoddusifar, Ethereum’s [ETH] price might touch […]

Ethereum spiked above the $1,300 resistance zone against the US Dollar. ETH is correcting gains, but it remains supported near $1,250 and $1,230. Advertisements Ethereum gained pace for a move above $1,300 before the bears appeared. The price is now trading above $1,250 and the 100 hourly simple moving average. There was a break below […]

Advertisements Despite the new multi-chain vision, the Trader Joe team confirmed that its “true home” and “top priority for all growth efforts” will continue to be on Avalanche. Decentralized finance (DeFi) protocol Trader Joe has announced its very first expansion from Avalanche and onto the Ethereum ecosystem, as part of its plans to access new […]

Advertisements Demand for liquid Ethereum staking options gains pace in the months following the Merge, according to blockchain data. Blockchain data analytics carried out by Nansen highlights the ever-growing amount of Ether (ETH) being staked across various staking solutions in the months following Ethereum’s shift to proof-of-stake (PoS) consensus. The highly anticipated Merge has been […]

Ethereum [ETH] has seen a surge in its count of daily active addresses. The past few days have been marked by increased ETH accumulation. On 28 November, for the first time since 15 October, the number of unique addresses that traded Ethereum [ETH] daily clinched a high of 497,300 addresses, data from Santiment showed.  Advertisements […]