Ethereum Watch

Deribit Ethereum (ETH) options contracts with a strike price of $2,550 are set to expire on Friday. There are over 24,600 outstanding contracts worth more than $62 million at this price, even as the ETH’s price is $2,541.79 ahead of an exchange-traded fund (ETF) approval deadline in May. Advertisements The large volume of contracts appears […]

Advertisements The upgrade went live on the Testnet after a four-hour delay. The development would benefit the blockchain in the long term, experts say. As planned, Ethereum [ETH] developers deployed the Dencun upgrade on the Goerli Testnet on the 17th of January. However, the YouTube livestream of the event showed that it was not without a […]

Péter Szilágyi, an Ethereum (ETH) developer, has lauded EIP-1559 and its ETH burning mechanism as “the great equalizer.” Taking to X on January 16, Szilágyi admired EIP-1559’s ability to “level the playing field between validators and regular users.” Advertisements Developer: EIP-1559 Is A “Great Equalizer” Since the implementation of EIP-1559, Ethereum adjusted how users bid gas […]

Advertisements ETH and SOL were up by more than 90% and 917% in 2023, respectively.  Both tokens’ price charts and metrics looked bullish for 2024.  2023 could be termed as a comeback era for the crypto industry, as almost all coins witnessed a resurgence in the last year. Notably, Bitcoin [BTC] rose exponentially, while altcoins like […]

Ethereum core developers deployed the Dencun upgrade on the Goerli testnet. However, the testnet deployment faced challenges with finality. Advertisements Before the launch on the main network (mainnet), blockchain developers test the updates on the testnet. It eliminates the risk of losing real funds on the mainnet if there are some mishaps during testing. Dencun […]

Advertisements EigenLayer’s weekly ETH deposits doubled. EigenLayer’s total value locked (TVL) soared to $1.67 billion at press time. While spot ETFs, real-world assets (RWA), layer-2 solutions, and other popular narratives dominate crypto-related talks these days, slowly but surely a lesser-known category was catching up – Ethereum [ETH] restaking protocols. Increase in native ETH on restaking protocols […]

Amidst a volatile crypto market, Ethereum (ETH) is gaining momentum, outperforming its long-time rival Bitcoin (BTC). According to Kaiko data, the ETH/BTC ratio has steadily risen, rebounding from multi-year lows.  Advertisements ETHBTC ratio trend | Source: Kaiko on X ETH/BTC Ratio Rising, ETH Momentum Building The ETH/BTC ratio technically gauges market sentiment towards these two leading […]

Advertisements ETH reclaimed the $2,500 level and its weekly returns stood at an impressive 14.5%. Nearly 66% of all whale positions on ETH were long. While Bitcoin [BTC] proved to be a dampener since the official clearance of its spot ETFs, the focus shifted to Ethereum [ETH], which clocked double-digit gains over the past week. […]

The Ethereum price might be doing well post-spot Bitcoin ETF launch, but recent moves by Celsius threaten to destabilize the price movement. The now-bankrupt crypto lender seems to have begun its reimbursement plan to its creditors, as on-chain data reveal the movement of its ETH holdings to crypto exchanges. Advertisements According to crypto market intelligence […]

Advertisements Celsius has begun transferring its ETH holdings to exchanges. CEL’s future Open Interest has continued to plunge. Bankrupt cryptocurrency lender Celsius Network [CEL] has transferred over $125 million worth of Ethereum [ETH] to major exchanges within the past week, data from Arkham Intelligence revealed.  Information retrieved from the data provider showed that Celsius has […]