Ethereum Watch

Ethereum co-founder Vitalik Buterin advised crypto investors to use social recovery and self-custody wallets. Buterin’s suggestion comes amid heightened expectations for the new Arbitrum token airdrop scheduled on March 23 and the upcoming Shanghai upgrade. Advertisements The recommendation makes sense given the increased cyber-related crimes in crypto, with hackers targeting a vulnerability in user wallets. […]

Bitcoin (BTC) surged to a nine-month high of over $27,000 and has liquidated more than $200 million from short sellers, according to available data. Advertisements During the last 24 hours, BTC rose by 4.24% to $27,470 at the time of writing, according to BeInCrypto data. This continued its positive price performance over the past seven […]

The Goerli testnet witnessed a dip in participation rates. More than 15% of ETH’s total circulation supply was staked at press time. The highly-anticipated Shanghai upgrade also called Shapella, that would enable the withdrawal of staked Ethereum [ETH] has finally got a mainnet launch date, as decided during the network’s All Core Developers Call. Advertisements Much […]

Following the market bounce this week, Ethereum (ETH) has been one of the most profitable tokens with better market performances than most altcoins, including Cardano(ADA), Dogecoin (DOGE), and Solana (SOL). Advertisements The second-largest cryptocurrency by market cap began the week trading around the price region of $1,588 before rising by about 12% to almost hit […]

Advertisements Grayscale will take 180 days at max to decide whether, when and in what manner to sell ETHPoW on behalf of the record date shareholders. Cryptocurrency investment firm Grayscale Investments is taking more time to decide whether it should acquire and sell post-Merge forked Ethereum tokens. Grayscale announced on March 16 that the company intends to […]

ETH sees surge in demand which may remain in the long term courtesy of deflationary milestone ETH shorts traders suffer as price pivots while demand for leverage recovers Ethereum’s EIP 1559 in August last year marked an important milestone for the network and ETH. The impact of that milestone is particularly evident in the fact […]

Advertisements The upgrade will enable staked ETH withdrawals on the Beacon Chain, completing Ethereum’s transition to a PoS consensus. The target date for the highly anticipated Shanghai hard fork on Ethereum has now been set: April 12. Ethereum core developers approved the target deadline during the All Core Developers Execution Layer #157 call on March […]

Advertisements Summary: Ethereum Layer 2 protocol Arbitrum will airdrop native tokens under the ticker ARB to community members on Mar. 28. ARB will serve as the governance token for the protocol’s new self-executing DAO and its network – Arbitrum One and Nova. The protocol also announced a layer 3 stack for developers dubbed Orbit to […]

Galaxy Digital’s Christine Kim discussed Ethereum’s Shanghai upgrade on an episode of Unchained Kim believes unlocking of staked Ether, subsequent withdrawals will stress test the network Christine Kim, the Vice President of Research at Galaxy Digital, recently appeared on a podcast hosted by Laura Shin. Kim, who is an experienced Ethereum researcher, shared her thoughts […]

Advertisements Traders question whether the underperformance is due to the Shapella hard fork, while derivatives data indicates that ETH buyers lack conviction. The previous six months should have been extremely beneficial to Ether’s (ETH) price, especially following the project’s most significant upgrade ever in September 2022. However, the reality was the opposite: Between Sept. 15, […]