Ethereum Watch

ETH traders maintained a healthy appetite for SHIB at a critical time. SHIB experienced a strong surge, but the bears might be right around the corner. Shiba Inu [SHIB] is having one of its most important weeks in the recent past, mostly courtesy of Shibarium. This may have renewed investor interest, triggering more demand, which […]

Based on the year-to-date performance and their drawdown from their all-time highs (ATHs), Bitcoin (BTC) and Ethereum (ETH) have performed very similarly. While BTC has risen by 25.5% since the beginning of the year, ETH has climbed by about 27%. From its ATH, Bitcoin has declined by 69.9%, while Ether is down by 68.9%. Advertisements […]

Advertisements Summary: The Raydium exploiter drained a total of $4.4 million in digital assets from the Solana DEX in December 2022 before moving the funds to Ethereum’s blockchain. A wallet controlled by the hack transferred $2.7 million of the stolen loot to sanctioned crypto mixer Tornado Cash on Thursday. The incident was one of several […]

Advertisements Summary: The Ethereum Name Service governance proposal aims to create an extra runway for the project should the crypto market suffer another downturn. 10,000 ETH would be sold for Circle’s USDC via a Gnosis auction, Wednesday’s proposal suggested. ENS DAO held around $2.4 million in stablecoin and some 40,000 Ether in its treasury at […]

Ethereum struggled to clear the $1,600 resistance and corrected lower against the US Dollar. ETH could remains supported and might rise from the $1,500 support. Advertisements Ethereum is correcting gains from the $1,600 and $1,580 resistance levels. The price is now trading below $1,550 and the 100 hourly simple moving average. There was a break […]

Advertisements Leading layer-2 networks on Ethereum have seen a surge in daily active users and fees recently. Ethereum layer-2 networks have gone through an explosive growth phase over the past couple of months, a trend that is set to continue in 2023. According to recent data, the leading layer-2 networks have seen an increase in […]

Ethereum validators hit over 500,000 as the network moved close to an upgrade. The total value of ETH staked also increased to over 16 million. As per a report published on 17 January by web3 platform Alchemy, the number of smart contracts deployed on the Ethereum [ETH] mainnet had increased by 293% in comparison to […]

Advertisements ETH price continues to encounter resistance at the $1,600 level, a potential sign that the current rally lacks sustainable momentum. Ethereum (ETH) price is struggling to overcome resistance at $1,600 and this is the altcoin’s third attempt since September 2022. Some would say the 33% year-to-date rally could be interpreted as a failed opportunity […]

ZKSync, an Ethereum layer-2 platform designed to scale transaction throughput using zero-knowledge (ZK) proofs and Rollups, has released a new software development kit (SDK) in Swift. Advertisements ZKSync Releases SDK in Swift In a tweet on January 17, ZKSync said the goal is to make their features more accessible to developers and dApps. With a Swift […]

ETH saw its highest profit transaction ratio since October 2021. On-chain data suggested that a local top has been reached. Currently trading at its pre-FTX level, leading altcoin Ethereum [ETH] logged its highest profit transaction ratio since October 2021 on 16 January, data from Santiment revealed.  Advertisements 💸 Are #crypto markets seeing a top? Traders […]