Ethereum Watch

Advertisements Decentralized finance (DeFi) is a financial system built on top of blockchain technology that allows for financial services without traditional intermediaries DeFi is open, transparent, and secure, and offers greater financial inclusion and potentially more efficient and cost-effective services Potential drawbacks include complexity, lack of regulation, risk of losses, risk of hacking, and limited […]

Ethereum climbed higher and tested the $1,275 resistance zone against the US Dollar. ETH is consolidating gains and might aim a fresh move above the $1,300 resistance. Advertisements Ethereum struggled to climb higher above the $1,275 and $1,280 resistance levels. The price is now trading above $1,230 and the 100 hourly simple moving average. There […]

Deep-pocket investors renewed their interest in ETH as the coin hit its highest value in three weeks. Buyers from the last few weeks were in slight profits, but on-chain data suggested a possible decrease in the coming days. Whales interested in topping up their Ethereum [ETH] holdings resumed their activities, according to a 4 January […]

Ethereum is about to undergo a major upgrade to release staked ETH from the Beacon Chain. This could be good news for liquid staking platforms such as Lido. Advertisements Ethereum staking has been hugely popular despite the crypto bear market. Furthermore, the amount of the asset staked continues to climb regardless of falling prices. This […]

Ethereum was able to clear the $1,240 resistance zone against the US Dollar. ETH is showing positive signs and there might be a move above the $1,300 resistance. Advertisements Ethereum is moving higher above the $1,220 and $1,240 resistance levels. The price is now trading above $1,220 and the 100 hourly simple moving average. There […]

More than 70% Ethereum stakes were underwater at press time The Shanghai upgrade would enable unstaking once deployed Staking Ethereum [ETH], particularly after the Merge, prompted several conversations. The topics of discussion ranged from dominant staking pools to OFAC-compliant blocks, as well as the threats that a combination of the two posed to Ethereum and […]

Advertisements Fresh Bitcoin support and resistance levels crystalize amid an “extremely tight” trading range while ETH price action sets multi-week highs. Bitcoin (BTC) continued to work on cracking the $17,000 mark on Jan. 4 as an “extremely tight” trading zone held firm. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $17,000 “possible” thanks to CPI print […]

Ethereum is moving higher above $1,220 against the US Dollar. ETH could rise further if there is a clear move above the $1,240 and $1,250 resistance levels. Advertisements Ethereum is attempting a fresh increase above the $1,200 and $1,220 resistance levels. The price is now trading above $1,200 and the 100 hourly simple moving average. […]

MakerDAO had a system surplus at press time, indicating that the total debt owed was not more than the value of the collateral in the system Its displacement by Lido might be temporary due to its slipping grip on the ETH staking market Leading decentralized finance protocol (DeFi) MakerDao [MKR] provided users with an overview […]

Advertisements BTC volatility is at a record low, inflows to spot markets remain muted and this week’s economic calendar suggests that volatility is set to rock the crypto market. Continuing with 2022’s trend, there is a lack of positive excitement in the crypto market. While Bitcoin (BTC) and altcoins have remained stagnant to start 2023, […]