Ethereum Watch

Ethereum, the second-largest cryptocurrency by market cap, is facing another bout of turbulence as it experiences a fresh influx of coins into exchange addresses.  Advertisements According to recent data, this surge in Ethereum inflows is reminiscent of a similar occurrence that coincided with a drop in the cryptocurrency’s value below the $2,080 mark.  The question […]

Advertisements ETH bulls make a splash after whales ease up on their sell pressure. Short-term focus as the market eases off recent FUD. Ethereum [ETH] bulls are back on top in a surprise move after interfering with a pullback that had the markets concerned about weak demand. However, current market data suggested that the ongoing […]

Advertisements About $4.23 billion worth of trades were settled on Arbitrum last week, as compared to $8.4 billion on Ethereum. The average number of transactions on all L2s has outpaced Ethereum mainnet transactions. Ethereum’s [ETH] decentralized exchange (DEX) volume dominance on the 90-day moving average fell in April for the first time since the end […]

Advertisements The new protocol burns coins on the sending chain, and mints new ones on the receiving chain. Circle, the creator of US Dollar Coin (USDC), has launched a mainnet protocol that lets users transfer USDC between Ethereum and Avalanche, according to an April 26 announcement. Previously, Avalanche users who held USDC on Ethereum had […]

The US Federal Reserve has predicted a recession, and the IMF predicts a sluggish global economy. Is now the time to buy Bitcoin and Ethereum? Let’s consider their performance so far this year and analysts’ forecasts. Advertisements Federal Reserve meeting minutes suggest that the US banking crisis will likely push the economy into a recession […]

Ethereum’s (ETH) staking ecosystem has made headlines in the blockchain space since the recent Shanghai upgrade. As the crypto market continues to grow, Ethereum has emerged as a market leader in staking, offering some of the best yields and attracting more investors. But what exactly makes Ethereum’s staking so attractive? Advertisements Ethereum Staking Goes Big […]

Advertisements Investors eventually turned to Ethereum investment products. As staking withdrawals reduced, so did ETH’s price. After a long period of low activity, Ethereum [ETH] finally experienced a substantial inflow of investments. According to data from CoinShares, Ethereum’s investment products saw an inflow of $17 million in the week, which ended on 21 April. How […]

Advertisements Institutional investors accumulated Ether and sold off Bitcoin last week, suggesting confidence in Ethereum after the Shapella hard fork. The price of Ethereum’s Ether (ETH) token has retreated from its recovery trend versus Bitcoin (BTC) while making a series of lower highs in April. ETH price risks more losses vs. Bitcoin As of April […]

Advertisements Ethereum’s gas price reached a 10-month high. The ETH price was affected by the gains collected by meme traders. The reappearance of seemingly profitable memes has helped Ethereum [ETH] record a whooping 73% hike in gas fees. Throughout the week that ended on 22 April, several meme cryptocurrencies caught the attention of the crypto […]

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