Ethereum Watch

According to on-chain data, Euler Finance exploiter returned over 58,000 Ethereum — worth over $100 million on March 25. The returned funds shot its EUL token up by 28%. Advertisements In a series of March 25 transactions, the Euler exploiter first sent 51,000 ETH to the decentralized finance (DeFi) deployer address. The exploiter later sent […]

Earnings from transaction fees on the network declined by 3.66% over the previous week. The Open Interest (OI) for ETH rose, complementing the increase in price. In preparation for the much-anticipated Shanghai hard fork which is scheduled to go live on 12 April, Ethereum [ETH] developers asked all network validators to upgrade their nodes. Advertisements […]

Matter Labs has launched its zero-knowledge EVM mainnet zkSync Era in Alpha, marking the first-ever launch of a permissionless zero-knowledge Ethereum scaling solution. Advertisements Several notable crypto projects are already live on zkSync Era, including, Argent, a DeFi and Ethereum wallet, Frax, a fractional algorithmic stablecoin, and oracle network Pyth. Ethereum Projects and Exchanges Joining […]

After several spikes since the beginning of the year, up over 40% from January, Ethereum investors have profited, translating into key metrics. According to the on-chain analysis firm Glassnode, the number of Ethereum addresses in profit has now hit a 10-month high of nearly 64 million.  Advertisements This comes after ETH dipped below $1,200 last […]

Of all the altcoins in the crypto space, the price of Ethereum has been the one that has closely followed the performance trend of Bitcoin. The digital asset has been able to clear the $1,800 level multiple times, dragging more investors into profit. But even more important is that on-chain data is showing increased adoption […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Advertisements ETH continues with its consolidation range into the weekend. The bears had slight leverage despite a recent accumulation.  Since 17 March, Ethereum [ETH] has consolidated within the $1,715 – $1,840 price range. Put […]

Advertisements Summary: On Friday, Matter Labs launched zkSync Era for users, beating other zero-knowledge developers like Polygon to the punch. The project already opened its so-called “first ZK Ethereum Virtual Machine-compatible” product to developers a month ago. Matter Labs CEO Alex Gluchowski cautioned users to “take it carefully” and not “just ape into it” as […]

A recent Bank of America Report argues that Ethereum’s long-term viability depends on scalability, even as OFAC censorship issues loom large post-Merge.  Advertisements According to the report, Ethereum’s first-mover advantage drew decentralized app developers who now face the prospect of network congestion until sharding goes live. Ethereum’s Low Transaction Throughput and Censorship Threaten Use Data […]

Analyst suggested that Ethereum could soon follow Bitcoin’s rally. NFT trades and lowering gas fees may impact network activity in the long run. Bitcoin [BTC] has been seeing quite a rally over the last few days, inspiring a lot of positive speculation around the king coin. However, it appears that Ethereum [ETH] will also soon be […]

Advertisements Ethereum price has turned oversold against Bitcoin, raising the possibility of a rebound in the coming weeks. Ethereum’s native token, Ether (ETH), continues its multimonth downtrend against Bitcoin (BTC) in March, rising 5.5% versus the latter’s 19.5% gains on a month-to-date timeframe. Bitcoin overshadows Ethereum amid banking crisis As of March 23, the ETH/BTC […]