Ethereum Watch

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH bulls looked to cede control back to sellers after the price rejection at resistance level. Bulls could still recover despite selling pressure. Ethereum’s [ETH] early October bullish run from the $1,619 support […]

Prominent crypto exchange Coinbase has emerged as the second largest ETH staking entity based on a recent scoop by Chinese reporter Colin Wu. This development comes amidst growing concerns about network centralization in regard to Lido’s dominance in the ETH staking market.  Advertisements Coinbase Accounts For 14.1% Of ETH Staking Activity – Report According to Wu, […]

Advertisements The network participation rate on Ethereum increased to 90% as Devnet-9 closes in on completion. The Dencun testnet could launch before November ends. Ethereum [ETH] developers had their usual All Core Developers Consensus (ACD) call on 5 October. From the meeting, they decided the timing for the Devnet-10 launch could happen earlier than initially […]

Vitalik Buterin, Ethereum’s co-founder, has put forward a series of solutions to bolster the decentralization of staking pools and protocols. He also proposed solutions to reinforce these protocols’ security against potential attacks. Advertisements These suggestions follow a previous proposal shared by Buterin on possible changes that can be made to the Ethereum network. Addressing Decentralization […]

Advertisements A bearish Ethereum fractal meets lower network activity as Ether’s price struggles to break above $2,000. The price of Ethereum’s native token, Ether (ETH), has gained around 35% so far in 2023. But its attempts to break above $2,000, a psychological resistance level, have witnessed strong bearish rejections multiple times. ETH/USD daily price chart. […]

Advertisements Santiment observes ETH holder sensitivity to the possibility of more sell pressure. ETH on-chain data reveals that top addresses are shielding ETH amid whale sell pressure. Ethereum [ETH] kicked off this week with a sharp pullback compared to the previous bullish attempt in the last week of September. However, recent observations may give insights into […]

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 […]