Ethereum Watch

Centralized exchanges — Kraken, Binance, and Coinbase — are responsible for roughly 90% of the full-staked Ethereum withdrawals on the Beacon Chain, according to data compiled by 21 Shares Research. Advertisements A Research Analyst at 21Co, Tom Wan, noted that these exchanges were responsible for withdrawing over 877,000 ETH — amounting to 87.5% of all ETH […]

Advertisements Ethereum developers planned to add new features to the network. ETH’s IV declined, and prices showcased a slightly bullish momentum. Despite volatility being faced by Ethereum [ETH] in the market, the network’s developers have continued their efforts to add new developments to their network. Read Ethereum’s [ETH] Price Prediction 2023-2024 Developers remained focus On Ethereum’s […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The lower timeframe momentum and structure favored ETH bulls. The presence of strong resistance above meant that short sellers could find an opportunity next week. Ethereum [ETH] bulls were able to defend the […]

On-chain data from Santiment shows the Ethereum shark and whale addresses have registered a growth of 5.7% over the past year. Advertisements Ethereum Sharks & Whales Numbers Have Gone Up During The Past Year According to data from the on-chain analytics firm Santiment, there are now around 380 more sharks and whales in the market […]

Advertisements Ethereum traders go long on ETH despite high market volatility. Activity on the protocol remains stable, whereas NFT interest sees growth. The price of Ethereum experienced a significant degree of fluctuation subsequent to the highly anticipated Shapella upgrade. While a considerable number of traders displayed a pessimistic outlook towards ETH initially, it now seems […]

Ethereum, the second-largest cryptocurrency by market cap, is facing another bout of turbulence as it experiences a fresh influx of coins into exchange addresses.  Advertisements According to recent data, this surge in Ethereum inflows is reminiscent of a similar occurrence that coincided with a drop in the cryptocurrency’s value below the $2,080 mark.  The question […]

Advertisements ETH bulls make a splash after whales ease up on their sell pressure. Short-term focus as the market eases off recent FUD. Ethereum [ETH] bulls are back on top in a surprise move after interfering with a pullback that had the markets concerned about weak demand. However, current market data suggested that the ongoing […]

Advertisements About $4.23 billion worth of trades were settled on Arbitrum last week, as compared to $8.4 billion on Ethereum. The average number of transactions on all L2s has outpaced Ethereum mainnet transactions. Ethereum’s [ETH] decentralized exchange (DEX) volume dominance on the 90-day moving average fell in April for the first time since the end […]

Advertisements The new protocol burns coins on the sending chain, and mints new ones on the receiving chain. Circle, the creator of US Dollar Coin (USDC), has launched a mainnet protocol that lets users transfer USDC between Ethereum and Avalanche, according to an April 26 announcement. Previously, Avalanche users who held USDC on Ethereum had […]

The US Federal Reserve has predicted a recession, and the IMF predicts a sluggish global economy. Is now the time to buy Bitcoin and Ethereum? Let’s consider their performance so far this year and analysts’ forecasts. Advertisements Federal Reserve meeting minutes suggest that the US banking crisis will likely push the economy into a recession […]