Ethereum Watch

Advertisements Ethereum’s futures monthly volume rose to a three-year high on the Chicago Mercantile Exchange Group in January. Open interest on the exchange also registered a new high in January.  Key volatility markers showed that the coin remained prone to price swings. Ethereum’s [ETH] futures monthly volume on derivatives marketplace Chicago Mercantile Exchange Group (CME […]

The allure of creating your own NFTs and BRC-20 tokens is undeniable. For artists, owning and monetizing their digital creations through NFTs offers a new level of control and potential financial reward. Beyond the realm of art, NFTs can foster passionate communities, grant exclusive access to events, and even act as fundraising tools.  Advertisements However, […]

Advertisements Monthly ETH withdrawals are now around $1.2 billion. The historical ETH balance on Binance hits its lowest in months. Ethereum [ETH] experienced a significant outflow in the past week, contributing substantially to the total outflow volume for the entire month. How has this impacted the available supply on exchanges, particularly Binance, the largest exchange? […]

Recent data shows that Solana-based decentralized exchanges (DEXs) have taken Ethereum’s spot in a key metric, creating expectations and positive sentiment for the Solana (SOL) ecosystem. Advertisements Solana DEXs Outperform Ethereum According to data from DeFiLlama, Solana-based decentralized exchanges (DEXs) have flipped Ethereum in daily trading volume. Over the last 24 hours, Solana’s $1.14 billion […]

Ethereum (ETH) has established itself as a favorite crypto asset, with speculations mounting over its potential to hit the $10,000 mark by 2030. Advertisements Amidst the buzz surrounding Bitcoin and the introduction of new spot Bitcoin exchange-traded funds (ETF), Ethereum’s rally has been anticipated. Can Ethereum’s Dominance in DeFi Sector Result in 5X Price Growth […]

Advertisements Over half of ERC-20 tokens launched in 2023 showed patterns of scams. Interactions with these scam tokens have been kept under 2%. Ethereum [ETH] is the largest decentralized finance (DeFi) platform globally. It hosts numerous platforms that leverage the ERC-20 token standard for launching tokens. However, recent reports show that some of the tokens […]

Advertisements Ethereum has completed the second testnet upgrade. ETH concluded the month with a decline. Ethereum [ETH] is nearing the implementation of the Dencun upgrade on its mainnet, having recently activated the upgrade on another of its testnets. Despite the coming upgrade, the network still holds the majority share of the Total Value Locked (TVL). […]