Ethereum Watch

Members of the Forta network have discovered a new type of cryptocurrency scam dubbed the “Sleepdrop,” which has affected a significant number of users. The scam involves the presence of unexpected tokens from a seemingly legitimate contract in users’ wallets. Users who do not avoid such airdropped tokens are at grave risk. Advertisements The Forta […]

JPMorgan says Ethereum must come under a new category or be classified as a commodity to insulate it from overregulation. Advertisements In a research note on Thursday, JPMorgan strategist Nikolaos Panigirtzgolou said regulating Ethereum (ETH) as an alternative asset would see it strike a middle ground between commodity and security regulatory regimes. SEC Documents Cast […]

Advertisements Crypto market sentiment hits rock bottom as legal battles and price decline instill fear. Market cap sees a decline as negative sentiment catches up with prices. When news broke out about the legal battles involving Binance and Coinbase, the crypto market experienced a blend of responses. Ripple (XRP), among other crypto assets, displayed indications […]

Advertisements Hong Kong lays out welcome mat for exchanges, Korean crypto lender contagion, Do Kwon banged up abroad, Bank of China’s Ethereum debt note. Hong Kong lays out the red carpet for crypto exchanges While some jurisdictions (cough: America) have adopted a regulation-by-enforcement approach toward crypto, others are doing the opposite. According to a June […]

Ethereum has plunged below $1,700 during the past day. Here’s the on-chain indicator that may have signaled this dip in advance. Advertisements Ethereum Age Consumed Metric Saw A Spike Before The Price Decline According to data from the on-chain analytics firm Santiment, institutional investors look to have been expecting the move to take place. The […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The market structure was bearish and a downtrend was in progress. The selling pressure remained strong and a reversal was not yet in sight. A week ago on 7 June, Ethereum prices climbed […]

Data shows XRP and Ethereum are picking up social volume as investors have seemingly started to lose interest in Bitcoin. Advertisements Bitcoin Social Volume Shows Drop, Traders Shift Focus Towards XRP & Ethereum According to data from the on-chain analytics firm Santiment, BTC’s social volume has decreased since its surge in March. The “social volume” […]

Advertisements Net deposits on the Beacon Chain increased on the Lido pool.  L2 bridging grew by 5% as TVL fell. Even as a top liquid staking platform, Lido Finance [LDO] felt the impact of the turbulence. This was the case with many other assets in the market. During the period of unrest, the value of […]

Advertisements Ethereum hummed along through the latest AWS outage but one commentator said its reliance on Lido for staking could cause issues in the future. Amazon Web Services (AWS) suffered a minor outage, but there was no impact on Ethereum network nodes even though they largely rely on Amazon’s hosting. On June 13, the cloud […]

Ethereum is finding itself in a very dangerous position, with its fate possibly in the hands of the US SEC: Is it a security, or is it a commodity? Is it decentralized enough?  Advertisements While the industry figures itself out,  it is now or never for an ETHUSD rally, or there is heightened risk of […]