Ethereum Watch

Advertisements Blur’s NFT lending protocol witnesses a massive spike in activity. Ethereum NFTs such as CryptoPunks, Azuki and Milady Makers take the spotlight. The NFT market has been seeing lots of volatility, as interest in the space hasn’t been as consistent. However, the performance of Blur Blend could indicate a turn in tides. Is your […]

Ethereum’s volume on centralized exchanges has dropped to its lowest level in five years, according to Glassnode data. Advertisements According to the data, there are only 17.882 million ETH on centralized exchanges, around 14% of the network’s total supply. DeFi Protocol Velvet Capital noted that this low was last seen during the early days of […]

Advertisements The system uses “time-lock puzzles” to encrypt the contents of votes, making them unreadable until balloting has finished. Venture capital fund Andreessen Horowitz, also known as A16z, has released a Solidity library that can be used for anonymous voting on Ethereum. Called “Cicada,” the library prevents an individual voter’s choice from being known before […]

Advertisements A recent surge in Multi-Collateral DAI repayments via wETH suggested a potential trend for Ethereum. Despite marginal losses, Ethereum’s current trading price and resistance zone indicated an interesting market landscape. The value of Ethereum, mainly its wrapped variant wETH, has historically been influenced by a metric called Multi-Collateral DAI repaid. Notably, there has been […]

Advertisements The ETH balance decline began in September 2022, dropping significantly in November and December after the downfall of FTX. The balance of available Ether (ETH) across crypto exchanges dropped to a five-year low on May 26, bringing the total amount of Ether held on exchanges to 17.86 million. A drastic decline in the exchange […]

Advertisements Staked ETH grows to a new historic high but market excitement is still at bay. ETH may lend itself to the bulls if these price action finding prove accurate. Although ETH has been stuck in limbo for the last two weeks, it has continued to exhibit healthy growth in other areas. The amount of […]

At the time of writing, the trading price of ETH was $1790. Despite attempting to trade within the $1800 price range, the altcoin encountered selling pressure, resulting in its depreciation. The current overhead resistance for Ethereum is $1810. If the altcoin surpasses this resistance level, it has the potential to trigger a rally in its […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Advertisements  ETH posted over 2% gains as of press time.  Long positions were discouraged.  Ethereum [ETH] started the week on a positive note, posting about 4% gains, since Monday (22 May). At press time […]

Advertisements 3 key indicators are behind the prolonged bearish trend in Ether, and data fails to identify an immediate catalyst for a price breakout. Ether’s price has been stuck below $1,920 for the past 16 days, which is especially concerning since the latest breakout attempt on May 6 lasted less than 24 hours. Excluding this […]

Advertisements Vitalik Buterin, in a recent post, stated how the reuse of validators for different purposes may compromise the security of the Ethereum network. ETH’s price and network usage didn’t react to Vitalik’s blog post. The consensus mechanism of the Ethereum network stands as one of the most robust and secure cryptoeconomic systems available. With […]