Ethereum Watch

Advertisements Summary: USDC stablecoin Issuer Circle has plans to solely support the Ethereum Proof-of-Stake chain post-merge. Circle announced the decision on Tuesday amid rising speculations regarding a Proof-of-Work hard fork by major Ethereum miner Chandler Guo. The digital asset firm stated that only a “single valid version” of USDC can exist. Circle’s stablecoin is the […]

Advertisements Summary: DeFi aggregator DeBank believes that Ethereum hard forks could be counterproductive. DeBank also shared these remarks after naming ETH’s network as the most prospective chain for Web3 solutions and apps. The service said they do not plan to support any hard forks during ETH’s transition to Proof-of-Stake. Chainlink shared similar comments on Monday. […]

Advertisements A non-difficulty bomb ETHW chain could grab 2%–10% of Ethereum’s market capitalization, crypto hedge fund manager says. An Ethereum fork token that does not yet exist, dubbed ETHW, is trading under $100 across several crypto exchanges after debuting at $30.  ETHW and ETHS begin trading  ETHW is the native asset to the ETHPoW chain. […]

Advertisements “Greater clarity” around the Merge has driven institutional inflows into Ethereum products, according to a CoinShares report. Institutional investors are piling into Ether-based digital asset funds, which have recorded seven straight weeks of positive inflows, according to the latest CoinShares report.  Said inflows reached $16.3 million last week, adding to a total of $159 […]

Ethereum‘s much-anticipated Merge continues to see bullish developments over the ETH 2.0 deposit contract. However, unlike on previous occasions, the main ‘OG’ token too has been creating a sense of belonging. Here’s the latest record sheet – Advertisements Higher highs  Ethereum 2.0 is an upgrade to the Ethereum network that focuses on improving the speed, […]

Advertisements TLDR: Crypto Expert and Macro Guru Raoul Pal declared on Twitter today that he believes most participants are still underweight in Ethereum.  The Founder of Real Vision Academy followed on to say that the pain will be at higher entry points, around $2,300. Raoul Pal was famously previously bullish on Ethereum on October 29, 2021, where […]

Ethereum (ETH) took off over the weekend and has extended its gains during today’s trading session. The second crypto by market cap could extend its gains, as “The Merge” becomes a certainty. Advertisements The event that will complete Ethereum’s transition from a Proof-of-Work (PoW) to a Proo-of-Stake (PoS) consensus algorithm, “The Merge” has been set […]

Advertisements Optimism and expectations increase around crypto markets, but U.S. inflation data looms large this week. Bitcoin (BTC) looked to target new August highs at the Aug. 8 Wall Street open as upcoming United States inflation data fueled sentiment. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $25,000 next major BTC resistance Data from Cointelegraph Markets […]

Advertisements Summary: Chainlink has declared its stance regarding the upcoming Ethereum PoS transition and possible network hard forks. The oracle network supports Ethereum’s upgrade to a Proof-of-Stake consensus. Forked versions of ETH’s Proof-of-Work blockchain will not be supported by the protocol. The news comes as speculations regarding a hard fork have emerged in recent weeks […]

The king of altcoins has shared a close correlation with Bitcoin since forever. Needless to say, every move made by the king coin has had some impact on Ethereum. That dynamic is beginning to change, however, and this might bear a good result for the second-generation cryptocurrency and its investors. Advertisements Ethereum rises beyond Bitcoin […]