Ethereum Watch

Blockchain insight firm mentioned that L1 and L2 bridges could be risky for ETH. The wallets provided by Optimism and Arbitrum may not be as safe as intended. The Ethereum [ETH] blockchain, as big as it is, suffers from the challenges of scalability, efficiency, and finalizing transactions. Advertisements However, the advent of Layer-one (L1) and […]

While the crypto market is still in an uptrend despite the Securities and Exchange Commission’s (SEC) increase in regulatory actions, projects have been seen taking advantage of the so-called ‘mini bull run’ with new launches. NFT marketplace Blur is one of them.  Advertisements On Valentine’s day, February 14, Blur airdropped its native token under the […]

Advertisements A recent Binance report details the status of Ether staking and explores why the Shanghai upgrade may not result in the ETH sell pressure some traders have predicted. The upcoming Ethereum Shanghai hard fork is slated to occur in March 2023, and the upgrade will cap off the network’s move to proof-of-stake (PoS), which started […]

Advertisements There is a new upgrade on the chain called Ethereum Shanghai. Is that bullish or bearish for Ether and the crypto market? What is the next upgrade for Ethereum? The Shanghai upgrade is a stepping stone toward making the Ethereum blockchain more scalable. Features like sharding, zero-knowledge (ZK)-SNARKs and more, decorate the Ethereum roadmap. […]

Ethereum price spiked above $1,700 before correcting lower against the US Dollar. ETH is still well supported above the $1,600 zone and the 100 hourly SMA. Advertisements Ethereum climbed above the $1,700 resistance before the bears took a stand. The price is still trading above $1,600 and the 100 hourly simple moving average. There is […]

A profitable trading day is really hard to come by. Especially when an American billionaire investor (Yes, Charlie Munger) has just called for a ban on cryptocurrencies. Advertisements Funnily enough, 14 hours (at press time) after his statement to CNBC, the market was nowhere near its doomsday. In fact, Bitcoin [BTC] was trading in the […]

Advertisements ETH price is in danger of losing another 20% versus Bitcoin by March, based on a mix of technical and fundamental indicators. Ethereum’s native token, Ether (ETH), has printed a death cross technical pattern versus Bitcoin (BTC) for the first time since May 2022, suggesting more pain ahead for ETH/BTC in the coming weeks. […]

Ethereum price broke the key $1,600 resistance against the US Dollar. ETH could rally further if it clears the $1,700 resistance zone in the near term. Advertisements Ethereum is up over 10% and cleared the $1,600 resistance. The price is now trading above $1,600 and the 100 hourly simple moving average. There is a key […]

Ethereum led the market at press time, as it remained the largest L1 in terms of TVL and fees. ETH’s on-chain performance looked bullish. Ethereum [ETH] registered massive gains during this year’s bull market. However, since peaking on 7 February, ETH’s price dropped by 13%. At the time of writing, it was trading at $1,501.74, […]

Advertisements Just weeks before the Shanghai upgrade, the decline in exchange supply is being seen as a bullish sign. Ether (ETH), the second-largest cryptocurrency by market capitalization, has seen a constant decline in exchange supply over the past six months post-Merge. The Ethereum network underwent a major upgrade in September 2022, moving from a proof-of-work […]