Ethereum Watch

Ethereum’s profits rise as trading activity increases due to USDC and SVB saga Short sellers face the heat as their positions get liquidated The aftermath of the collapse of SVB and Signature bank has been felt by the stablecoin market and various holders alike. However, Ethereum [ETH] managed to benefit from the chaos that ensued […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Advertisements The H4 market structure remained bearish. The daily chart showed that $1350 and $1280 could see some relief from the selling. News that Voyager was liquidating its Ethereum holdings saw the bearish pressure […]

Ethereum’s new protocol is aimed at further Account Abstraction While new addresses have joined the network, the TVL has risen too A major part of Ethereum‘s future roadmap is Account Abstraction(AA). AA focuses on the UI/UX (User Interface/User Experience) elements of Ethereum’s ecosystem. The aim of AA is to allow more user-friendly interactions between wallet […]

Advertisements Token incentive models may become obsolete as layer-2 networks focus on ease of functionality and low fees, but how will this impact decentralization? Layer-2 networks continue to gain momentum as the Ethereum ecosystem advances. For example, data from analytics provider Token Terminal found that layer-2 scaling solution Polygon had 313,457 daily active users as […]

Ethereum (ETH) has been branded as a security by the NYAG alongside two other coins The New York AG wants to stop Kucoin’s operations in the region via the lawsuit The New York Attorney General Letitia James has sued the crypto exchange – Kucoin. The AG claims that Kucoin violated the Martin Act in three […]

PancakeSwap (CAKE), the leading multichain decentralized exchange (DEX) running on the Binance Smart Chain (BSC), has suffered a significant 12% drop in its total value locked (TVL) to $2.4 billion. Advertisements The crypto crackdown by regulators targeting Binance’s stablecoin BUSD triggered a decrease in the stablecoin supply. This has negatively impacted the growth of the […]

Advertisements Ethereum’s Shanghai upgrade is set to unlock a trove of staked Ether and possibly benefit other staking protocols that offer lucrative yields. Ethereum’s upcoming Shanghai upgrade will allow users to withdraw staked Ether (ETH), increasing the network’s liquidity and competitiveness while also boosting its staking ratio closer to its competitors. The Shanghai upgrade is […]

Advertisements From liquidity pools to liquid staking and “looping,” here are a few approaches you can take to ETH staking — categorized by the Chinese Zodiac. Staked Ether (ETH), liquid derivatives — it’s a whirlygig of smart contracts and big-brain blockchain jargon out there. Nonetheless, there are a few paths through the ETH staking wilderness. […]

ETH might be prone to more sell pressure as Voyager liquidates its holdings. Long positions shift in favor of shorts as bearish market conditions prevail. The ghost of 2022’s crypto contagion is yet to be exorcised. A wave of ETH sell pressure might be on the way courtesy of distraught crypto firm Voyager. Advertisements Realistic […]

Ethereum price is down over 8% and trading below $1,450 against the US Dollar. ETH remains at risk of a larger decline towards $1,350 in the near term. Advertisements Ethereum started a major decline from the $1,565 resistance zone. The price is trading below $1,500 and the 100 hourly simple moving average. There is a […]