Ethereum Watch

Advertisements Its owner acquired the tokens during Ethereum’s ICO in 2015, when each ETH was worth only 31 cents each. An Ether (ETH) wallet that has been inactive in 2015 has suddenly awoken after eight years of dormancy, moving a total of 8,000 ETH in just two minutes. The wallet received 8,000 ETH after participating in […]

Advertisements Staking rewards following Ethereum’s Shanghai upgrade have made it easier for investigators to spot counterintuitive behavior by ETH holders. With its historic Merge event in September, Ethereum has become a proof-of-stake blockchain. The mechanism now used to confirm transactions relies on validators staking their Ether (ETH). Ethereum’s March upgrade, codenamed Shanghai, finally enabled stakers […]

Advertisements The hike in fees denotes a 5x increase from the value when the year began. Among all L2 projects, Arbitrum remains the one with the most market share.  Layer two (L2) solutions under the Ethereum [ETH] blockchain have sustainably gained traction as a means of addressing the network’s scalability and high transaction fees. As […]

Advertisements Blur’s NFT lending protocol witnesses a massive spike in activity. Ethereum NFTs such as CryptoPunks, Azuki and Milady Makers take the spotlight. The NFT market has been seeing lots of volatility, as interest in the space hasn’t been as consistent. However, the performance of Blur Blend could indicate a turn in tides. Is your […]

Ethereum’s volume on centralized exchanges has dropped to its lowest level in five years, according to Glassnode data. Advertisements According to the data, there are only 17.882 million ETH on centralized exchanges, around 14% of the network’s total supply. DeFi Protocol Velvet Capital noted that this low was last seen during the early days of […]

Advertisements The system uses “time-lock puzzles” to encrypt the contents of votes, making them unreadable until balloting has finished. Venture capital fund Andreessen Horowitz, also known as A16z, has released a Solidity library that can be used for anonymous voting on Ethereum. Called “Cicada,” the library prevents an individual voter’s choice from being known before […]

Advertisements A recent surge in Multi-Collateral DAI repayments via wETH suggested a potential trend for Ethereum. Despite marginal losses, Ethereum’s current trading price and resistance zone indicated an interesting market landscape. The value of Ethereum, mainly its wrapped variant wETH, has historically been influenced by a metric called Multi-Collateral DAI repaid. Notably, there has been […]

Advertisements The ETH balance decline began in September 2022, dropping significantly in November and December after the downfall of FTX. The balance of available Ether (ETH) across crypto exchanges dropped to a five-year low on May 26, bringing the total amount of Ether held on exchanges to 17.86 million. A drastic decline in the exchange […]

Advertisements Staked ETH grows to a new historic high but market excitement is still at bay. ETH may lend itself to the bulls if these price action finding prove accurate. Although ETH has been stuck in limbo for the last two weeks, it has continued to exhibit healthy growth in other areas. The amount of […]

At the time of writing, the trading price of ETH was $1790. Despite attempting to trade within the $1800 price range, the altcoin encountered selling pressure, resulting in its depreciation. The current overhead resistance for Ethereum is $1810. If the altcoin surpasses this resistance level, it has the potential to trigger a rally in its […]