Ethereum Watch

Coinbase’s Chief Legal Officer, Paul Grewal, has taken a strong stance on the ongoing debate regarding Ethereum’s status as a security or commodity. Advertisements Amidst the US Securities and Exchange Commission’s (SEC) rigorous legal efforts to potentially classify Ethereum as a security, Grewal emphasizes its longstanding recognition as a commodity. Ethereum Is Not a Security […]

Vitalik Buterin, a co-founder of Ethereum, announced the introduction of a new staking concept termed “Rainbow Staking.” Advertisements This initiative aims to revamp the economic structure of the network by implementing a dual-pronged staking mechanism. The approach distinguishes between heavy and light services, offering a framework that impacts the distribution of rewards. Vitalik Buterin Introduces […]

$4.27 million ETH liquidations occurred over the last 24 hours in the DeFi sector. Traders turned bearish as IV grew. Over the last week, the price of Ethereum[ETH] has fallen tremendously coinciding with the correction in Bitcoin’s[BTC] price. Advertisements Bulls get punished Based on Parsec’s data, DeFi saw over $5.4 million in collateral liquidated within the […]

Ethereum price started a recovery wave from the $3,050 zone. ETH is up over 10% and is now struggling to clear the $3,550 resistance zone. Advertisements Ethereum started a decent recovery wave from the $3,050 zone. The price is trading above $3,350 and the 100-hourly Simple Moving Average. There was a break above a major […]