Ethereum Watch

Consensys has refuted the Securities and Exchange Commission’s (SEC) assertion that Ethereum could be considered a security following its transition to a Proof-of-Stake consensus mechanism.  Advertisements The software company, established by Ethereum co-founder Joe Lubin, filed a lawsuit in a Texas federal court against the SEC, arguing that the regulatory body is misapplying federal securities […]

Ethereum price struggled to recover above $3,350 and corrected gains. ETH is consolidating near $3,200 and facing many hurdles. Advertisements Ethereum started another decline and tested the $3,120 zone. The price is trading below $3,220 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support at $3,170 on the hourly […]

Lido’s price rise leads to an increase in the market cap of liquid staking assets. At the time of this writing, LDO was trading at approximately $2.13 As the past week drew to a close and the new one began, Ethereum [ETH] experienced a minor rebound. Similarly, Lido Dao witnessed a comparable movement. Advertisements Data […]

As the crypto market continues to navigate its intricate patterns, the rivalry between Ethereum (ETH) and Bitcoin (BTC) remains a focal point for traders and investors alike. Advertisements Recent analysis suggests a power struggle between Ethereum and Bitcoin in the coming month. Can ETH regain its bullish price action against BTC in May? Analyzing ETH/BTC: […]

Ethereum price rallied above the $3,300 level. ETH tested the $3,350 resistance and recently started a sharp decline below $3,300. Advertisements Ethereum rallied toward $3,350 before the bears appeared again. The price is trading below $3,220 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at […]

Resistance at $3,353 could force ETH to decline to $3,120. In the midterm, the price might fail to surpass $4,000. Ethereum’s [ETH] rise to $3,300 on the 28th of April returned optimism to the market. However, according to AMBCrypto’s analysis, the joy market participants might have had could be momentary. Advertisements One reason for this […]

Ethereum emerged as the best-performing cryptocurrency over the past week as its price rose by more than 6% to over $3,300. Advertisements Notably, blockchain analytical firm Santiment reported that the price increase coincided with a significant drop in transaction fees, which hit its lowest point in six months. Ethereum Gas Fees Hit Six-Month Low Ethereum’s […]

The tension between Consensys and the Securities and Exchange Commission (SEC) has escalated, sparking debates over the boundaries of regulatory oversight. Advertisements The crux of the matter centers on the SEC’s recent moves to classify Ethereum, the world’s second-largest cryptocurrency by market capitalization, as a security. The Case Against Ethereum as a Security Consensys argues […]

Consensys sued the SEC in Texas over Ether’s classification Org has challenged the SEC’s allegations, while advocating for fairness and clarity With the debate around Ethereum’s [ETH] possible classification as a security becoming long and tiresome, Consensys, a blockchain software giant, recently made news. It did so by taking a bold step and initiating legal […]

Ethereum co-founder Vitalik Buterin has responded to community concerns about the network’s transitioning from Proof-of-Work (PoW) to Proof-of-Stake (PoS). Advertisements Over the past week, Ethereum’s PoS transition faced scrutiny from community members, particularly amidst concerns it prompted increased scrutiny by US regulators. Was Ethereum’s Transition to PoS a Mistake? Since its launch in July 2015, […]