Ethereum Watch

The price of Ethereum has experienced a notable decline following a major Ether sale this week. The unexpected decrease has left the crypto community anxious about the stability of the world’s second-largest cryptocurrency and the long-term effects of the decline.  Advertisements Ethereum Price Drops After Large-Scale Ether Swap On Monday, October 9, the price of […]

Advertisements The non-profit arm of the Ethereum Foundation sold some of its holdings. Traders opened more short positions moments after the sale. On-chain data from Arkham Intelligence showed that the Ethereum [ETH] Foundation sold 1,700 ETH, and exchanged it for 2.7 USD Coin [USDC] on 9 October.   How much are 1,10,100 ETHs worth today? According […]

Advertisements The author of the white paper, Robin Linus, based BitVM’s architecture on Ethereum’s optimistic rollups with fraud proofs and recent Merkle tree developments. A Bitcoin developer has proposed a new way to bring more expressive off-chain smart contracts to Bitcoin (BTC) without needing a soft fork. Announced in an Oct.9 white paper titled “BitVM: Compute […]

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 […]