Ethereum Watch

Ethereum average transaction fee has hit its lowest point of the year, a change that aligns with reduced on-chain activity. Notably, this drop comes when the supply of ETH has transitioned back to an inflationary phase. Advertisements Blockchain analytical firm Santiment revealed that the transaction fees on the Ethereum network dropped to $1.15 per transaction, […]

Advertisements The average transaction fees on Ethereum fell to its lowest level in 2023. ETH continued to move sideways. The average network fee paid to process transactions on the Ethereum [ETH] network has fallen to its lowest level this year, on-chain data provider Santiment noted in a recent post on X (formerly Twitter). 🤑 #Ethereum […]

In a recent development, asset manager Bitwise has withdrawn its application to transform its existing Bitcoin futures ETF (Bitwise Bitcoin Strategy Optimum Roll ETF) to one that invests in both Bitcoin and Ethereum futures contracts.  Advertisements This has raised speculations about the reason for this decision and what it means for the Ethereum futures ETFs […]

Advertisements ETH ETF approvals are now closer than ever following the SEC’s acknowledgement of recent applications. ETH started to see a resurgence in demand after dipping below $1,600. ETFs have been a major topic of discussion for the last few months and have mostly revolved around Bitcoin [BTC]. This time, Ethereum [ETH] is the subject […]

In recent weeks, Ethereum (ETH), one of the most valuable assets in the cryptocurrency market, has not enjoyed favorable sentiment due to its struggling price and unstable on-chain performance. The general market condition has not offered much reprieve either, as most altcoins have failed to maintain an upward momentum.  Fortunately, the latest on-chain revelation offers some […]

In addition to the decentralization of finance, cryptocurrency exchanges can and should play an active role in the democratization of finance, fostering cheap and instantaneous transactions for people everywhere. Advertisements That’s according to Ethereum founder Vitalik Buterin, who shared his vision of wider use of crypto in a wide-ranging CNBC interview. Buterin Criticizes Dominant Crypto […]

Advertisements Gas fees on Binance jumped to 530 ETH within a few hours of transactions. Network activity increased on Ethereum and the exchange was also surprised by the sudden spike. Without warning, gas fees on the Ethereum [ETH] mainnet jumped from 10 to about 300, according to data provided by Dune Analytics. Higher ETH transaction […]

Ethereum price gained bearish momentum below $1,620 against the US Dollar. ETH is showing bearish signs and might decline further toward $1,540. Advertisements Ethereum declined further below the $1,600 support zone. The price is trading below $1,620 and the 100-hourly Simple Moving Average. There are two bearish trend lines forming with resistance near $1,600 and […]

Advertisements Ethereum whales offloaded their holdings. Impact on price remained minimal. Institutional interest in Ethereum remained high as Grayscale filed for another ETF. In recent weeks, several significant Ethereum [ETH] whales have been steadily offloading their holdings, yet the impact on Ethereum’s price was minimal. Is your portfolio green? Check out the ETH Profit Calculator […]

Advertisements Spot Ether ETF requests, Ripple’s potential win against the SEC, and growing decentralized app dominance retain hope for ETH investors. Ether (ETH) has seen a 36% year-to-date increase in its price in 2023 in U.S. dollar terms. This recovery, however, is modest given that ETH is currently trading 66% below its November 2021 peak […]