Ethereum Watch

Ethereum price corrected further lower below the $1,900 level against the US Dollar. ETH is showing bearish signs and might decline further toward $1,825. Advertisements Ethereum extended its decline and tested the $1,875 level. The price is trading below $1,930 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with […]

Advertisements Ethereum was the protocol with the highest count of fee-paying users in the last six months. It was, however, four places behind Tron in terms of daily active user count. Ethereum [ETH] takes the lead as the project with the highest count of fee-paying users in the last six months, data from Token Terminal […]

Advertisements Mantle’s team said the modular design will allow for quick future upgrades, making it simple to onboard Ethereum updates. The design which splits blockchain activity across separate layers also offers users cheap transactions on a high-performance blockchain, the team said. The team announced its mainnet alpha at the EthCC in Paris today. The mainnet […]

ZkSync’s new prover for its zkSync Era rollup will offer cheaper transactions through reduced capital costs. Advertisements Unlike other scaling solutions, some of which require up to 500 gigabytes of memory, zkSync’s new prover will only consume 8 GB. ZkSync Prover Decentralizes Key Infrastructure The Boojum prover can use the memory on standard Graphical Processing […]

Advertisements Unstoppable Domains and Ethereum Name Service have dominated the decentralized domain name space as competitors — until now. Two of the biggest platforms powering Web3 decentralized domains are now available under one roof after Unstoppable Domains announced support for .eth domain names from the Ethereum Name Service (ENS). The two service providers have been central […]

Ethereum price failed to stay above $2,000 and corrected lower against the US Dollar. ETH could start a fresh rally if there is a move above $1,950. Advertisements Ethereum started a downside correction and tested the $1,900 level. The price is trading below $1,950 and the 100-hourly Simple Moving Average. There is a key bearish […]

Advertisements GHO has launched on the Ethereum mainnet. Aave has replaced MakerDAO as the DeFi protocol with the second-largest TVL. Following the ratification of a proposal to do the same, lending protocol Aave [AAVE] finally launched its over-collateralized stablecoin GHO on the Ethereum Mainnet on 15 July.  The Aave DAO has successfully launched @GHOAave on […]

Advertisements According to cLabs, the Celo transition would include leveraging OP Stack as the architecture to become an Ethereum L2 blockchain. CLabs, the organization responsible for developing the Celo blockchain, is seeking to return to the Ethereum ecosystem by transitioning from an independent EVM-compatible layer-1 blockchain to an Ethereum layer-2 solution.  According to a proposal […]

Advertisements Paul Brody’s “Ethereum for Business” gives a basic overview of enterprise Ethereum, while providing real-world use cases of how EY clients leverage the technology. The cryptocurrency market has encountered its share of ups and downs over the past year, but blockchain technology continues to see impressive growth as businesses seek digital transformation.  Recent findings […]

Advertisements ETH has witnessed over 7% rise in price only three times YTD. YTD, ETH has gained over 66% in value. Ethereum [ETH] and other alternative cryptocurrencies experienced a thrilling surge not too long ago, driven by the uplifting victory of Ripple. The surge proved transient, as a decline has now set in.  Is your […]