Ethereum Watch

Key Takeaways The SEC does not want to define “digital assets” in relation to hedge funds and private equity funds. This is not the first time the SEC is undecided on defining notable crypto terms, referring back to the Ether as a security speculation. Share this article URL Copied Advertisements Despite proposing a definition for […]

Advertisements Summary: Smart contracts for Curve Finance’s crvUSD stablecoin went live on Ethereum’s mainnet, the team shared via a Twitter update on May 3. “This is not finalized yet because UI also needs to be deployed. Stay tuned!” said crvUSD developers promising a user interface for the stablecoin. crvUSD enters a highly competitive Ethereum stablecoin […]

Advertisements As JPMorgan swooped in to save troubled First Republic Bank, positive sentiment remained in the crypto market.  Positive funding rates and long liquidations marked the last 24 hours, indicating that investors expected assets’ prices to rally. Global cryptocurrency market capitalization slipped by a mere 1.5% 24 hours after the U.S. Federal Deposit Insurance Corporation […]

Advertisements Summary: Daily unique addresses on Ethereum Virtual Machine-compatible chains set a new all-time high of 6.77 million last week. Experts and on-chain say expensive gas fees pushed more users to leverage EVM-chain like BNB Chain, Polygon, Fantom, and Avalanche. The hike in gas fees coincides with the Pepe and meme coin fever spreading through […]

May is looking up for Polygon (MATIC) price as it is seen to be in the green zone for two consecutive days. Polygon bulls have picked up steam and momentum in the new month after bears held the prices down since mid-February. Advertisements Despite Polygon’s countless innovative partnerships and bullish news events, its native token […]

Advertisements Months after the Merge, ETH records its largest exchange inflow. Investors are not excited about the current condition of the altcoin. Since Ethereum’s [ETH] switched to Proof-of-Stake (PoS), many holders have opted to be guardians of their assets. This resolve has, in turn, affected the overall supply on exchanges. However, in an interesting twist, […]

Ethereum stakers have withdrawn 1,976,138.58 ETH ($3.6 billion) in staked ETH since developers enabled withdrawals in the Shapella upgrade in April. Advertisements ETH rewards make up 80% of the withdrawals, with roughly 3% of stakers exiting the through principal deposit outflows. Lido Finance Staked About 6 Million ETH There has been a notable increase in […]

On-chain data shows Ethereum has observed massive inflows of $505 million into Binance during the past day, a sign that selling may be going on. Advertisements Ethereum Exchange Inflows Have Shot Up During The Past Day According to data from the on-chain analytics firm Santiment, this increase in the supply on exchanges is the largest […]

Advertisements Another top 20 U.S. bank bites the dust, but Ether’s price fails to benefit from the event. Ether’s (ETH) price has shown weakness after failing to break above the $1,950 resistance on April 26. The subsequent correction drove ETH to $1,810 on May 1, nearing its lowest level in four weeks. Curiously, the movement […]

Advertisements Ethereum staking and deposit contracts soar to new ATHs. ETH struggles to regain bullish momentum as whales sell pressure prevails. Now is a good time to assess Ethereum and its native coin’s performance as April comes to its conclusion. ETH managed to push to a new YTD high during mid-month but investors’ confidence has […]