Ethereum Watch

Ethereum (ETH), a forerunner in the decentralized finance (DeFi) ecosystem, has seen a notable surge in its staking activities. This staking boom has raised eyebrows among experts from JPMorgan concerned over ETH’s increase in centralization and the consequences that may arise. Advertisements Ethereum, aiming to transition to a proof-of-stake consensus mechanism, opened the floodgates for […]

Advertisements The average cost of settling transactions over the week was just $1.13. ETH holdings continued to leave exchanges for self-custody. Once notorious for charging high fees for processing transactions, the Ethereum [ETH] blockchain became unexpectedly cheap to use in recent days. Is your portfolio green? Check out the ETH Profit Calculator Ethereum becomes super affordable […]

Advertisements Ethereum co-founder Vitalik Buterin previously admitted that centralization is one of Ethereum’s main challenges, which could take 20 years to solve. The rise of Ethereum staking since major network upgrades, Merge and Shanghai, has come at the cost of higher centralization and lower staking yields, a new report by JPMorgan said. JPMorgan’s analysts led […]

Ethereum price is slowly moving lower toward the $1,585 support against the US dollar. ETH must clear the $1,650 resistance to start a recovery wave. Advertisements Ethereum is struggling to stay above the $1,600 support zone. The price is trading below $1,650 and the 100-hourly Simple Moving Average. There is a major bearish trend line […]