Ethereum Watch

Advertisements For the first time in the last four weeks, investment products suffered outflows.  Investors shied away from Bitcoin, with altcoins pulling all the inflows. For the first time in the last month, digital asset investment products experienced outflows that totaled $6.5 million, ending four weeks of cumulative $742 million inflows, CoinShares found in a […]

Ethereum price is showing bearish signs below the $1,900 resistance against the US Dollar. ETH could extend its decline toward the $1,780 support. Advertisements Ethereum is showing bearish signs below the $1,900 level. The price is trading below $1,880 and the 100-hourly Simple Moving Average. There is a short-term bullish trend line forming with support […]

Advertisements Daily active addresses trading UNI drop to a one-month low. New demand for the alt token drives up its price by double digits in the past 30 days.  On-chain network activity for Uniswap’s governance token UNI has dropped to its lowest level in the last month, data from Santiment showed.  Is your portfolio green? […]

Ethereum price is struggling to clear the $1,900 resistance against the US Dollar. ETH could gain bearish momentum if there is a close below $1,850. Advertisements Ethereum is showing bearish signs below the $1,920 level. The price is trading below $1,900 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements Ethereum [ETH] co-founder Vitalik Buterin teased a new network upgrade that could “reduce costs by 100 times.” According to Buterin, it could also mean lower transaction fees. Buterin spoke about the development at the […]

Advertisements Address outflows from whales contributed heavily to ETH’s latest sell pressure. Some whales are re-accumulating, but it may not be enough to turn the ship around. Ethereum [ETH] has been on an overall bearish trajectory for the last seven days – an outcome that saw it shed last month’s gains. But what has been […]

Over the past week, Ethereum (ETH) registered the highest inflows into centralized exchanges (CEX) in the past two months. These significant asset movements have suggested a potential price dip for ETH. Advertisements CoinGecko data shows that the second-largest cryptocurrency has been experiencing a slight price decline, losing 2.5% of its value in the past week. […]

Advertisements Ethereum’s annual carbon footprint was significantly cut since The Merge. Bitcoin’s estimated annual emissions contributed just 0.15% to the global tally.  Ethereum’s [ETH] annual electricity consumption fell by more than 99.9% after switching from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism, according to a report by Ethereum.org. Is your portfolio green? Check out […]

This week, after the end of a major industry conference, everyone in the crypto sphere is talking about account abstraction, smart contract wallets, and the new Ethereum upgrade, ERC-4337. What are they, and why is everyone so excited? Advertisements One of crypto’s longstanding foibles is its lack of user-friendliness. Even for seasoned tech veterans, setting […]

The second quarter of 2023 brought significant challenges for the Ethereum network as its revenue experienced a sharp decline. Ethereum network revenue plummeted from $1.27 billion to $847 million during Q2, representing a staggering 33.3% drop.  Advertisements The network revenue for Ethereum encompasses all transaction fees paid by users to Ether validators, as well as […]