Ethereum Watch

Advertisements The ERC-3643 Ethereum Improvement Proposal reached its final stage, emerging as a recognized standard for tokenizing real-world assets. The Ethereum community has officially signed off on the ERC-3643 Ethereum Improvement Proposal (EIP), establishing it as a recognized standard for compliant tokenization of real-world assets (RWAs).  According to a Dec. 15 announcement, the proposal reached its […]

Advertisements Ethereum’s liquidation level increased once its price reached the $2,170 mark. Its exchange reserve was increasing, but the derivatives metrics looked bullish. Ethereum’s [ETH] price has once again gained bullish momentum as its price registered an increase in the last 24 hours. However, a short while ago, the token fell into a critical demand […]

On-chain data shows Ethereum has successfully found a rebound at a major support zone, a positive sign for the asset’s exploration at higher levels. Advertisements Ethereum Recently Made A Retest Of A Strong On-Chain Support Zone In terms of on-chain analysis, the potential of any particular price range to act as support or resistance lies […]

Advertisements The commission had until Dec. 23 to decide or punt on approval or disapproval for the spot crypto investment vehicle. The United States Securities and Exchange Commission has delayed its decision on whether to approve or disapprove a spot Ether (ETH) exchange-traded fund, or ETF, proposed by Invesco and Galaxy Digital. In a Dec. […]

Advertisements Coti will look to provide privacy-focused functionality to the Ethereum ecosystem as a new layer-2 protocol. Enterprise-grade blockchain platform Coti is set to transition protocol to become a scalable, privacy-focused layer-2 on Ethereum in 2024. An announcement shared with Cointelegraph outlines how Coti will shift from a standalone protocol to an Ethereum layer 2 […]

Advertisements A key indicator seemed to suggest that ETH might fall to $2,150 before a bull run While Ethereum’s social metrics dropped, a few market indicators were bearish  Ethereum’s [ETH] price recently fell victim to a price correction like the rest of the crypto-market. Ahead of the said episode, a key ETH indicator flashed a […]

Advertisements A new Ethereum zero-knowledge proof compiler could address security concerns identified in different zkEVM solutions. Zero-knowledge technology firm =nil; Foundation has developed a new type-1 zero-knowledge Ethereum Virtual Machine (zkEVM) compiler to address security concerns identified in similar ZK-powered Ethereum scaling solutions. Speaking exclusively to Cointelegraph, =nil; Foundation CEO and co-founder Misha Komarov says […]

Ethereum price started a consolidation phase after a sharp decline. ETH must clear the $2,275 resistance to start a fresh increase in the near term. Advertisements Ethereum recovered losses after testing the $2,000 support zone. The price is trading below $2,320 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]

Advertisements Ethereum’s net supply has been shrinking at an annual rate of 0.248% Projections highlighted interesting observations for Ethereum’s supply More than 307,000 Ethereum [ETH] coins have exited circulation since the pivotal ‘Merge’ event. In fact, this was the lowest volume of ETH in circulation since the network made a historic shift from the proof-of-work […]

Advertisements Atlas Development Services executive Oscar Franklin Tan told Cointelegraph that to avoid the gas fees for transferring 200 million NFTs, it took a different approach in the migration. Nonfungible token (NFT) platform Enjin recently migrated over 200 million NFTs from Ethereum and a sidechain to its own Enjin Blockchain.  In an announcement received by […]