Ethereum Watch

Fees paid to process transactions on the Ethereum [ETH] network are at a one-year low, data from IntoTheBlock revealed. This can be primarily attributed to the movement of transactions. These were previously executed on mainnet Ethereum to Layer 2 scaling solutions (L2s). Advertisements At the time of writing, the total fees paid to use the […]

The crypto market is experiencing a correction with Bitcoin and Ethereum giving back their gains from previous weeks. The general sentiment in the sector was optimistic but could take a blow if main cryptocurrencies lose their current levels. Advertisements At the time of writing, Ethereum (ETH) trades at $1,690 with a 10% loss in the […]

Advertisements The Ethereum Merge to PoS is slated for the third week of September, eliminating PoW mining. Experts weigh in on how mining pools and miners would be impacted. The Ethereum blockchain is all set to make its highly anticipated transition from its current proof-of-work (PoW) mining consensus to proof-of-stake (PoS). The Merge date is […]

The upcoming Ethereum [ETH] Merge has been highly anticipated and so far all the test runs have been successful. Although this suggests that the Merge might turn out smooth, Grayscale highlighted an area of concern that investors should consider. Advertisements Grayscale expressed concerns over the potential impact on the Merge, especially on tokens that run […]

Despite changes in the asset’s price, Ethereum is steadily adding to the ETH 2.0 staking contract. Advertisements According to the development team, this occurs about a month before the Merge is scheduled to occur. Ethereum Staked Token Hit New ATH According to Dune Analytics data, more over 13.2 million ETH have been deposited to the […]

Advertisements Former Bitmex CEO Arthur Hayes expects a significant increase if the Merge is successful; therefore, he is not planning a “sell the news” event.  In the most recent writings on his Medium Blog, “Eth-Flexive” and “Max Bidding,” Arthur Hayes argues that Ethereum will have a rally similar to Bitcoin’s halving, based on current network […]

Advertisements Summary: Major derivatives marketplace CME Group announced an addition to its crypto offerings on Thursday. The firm plans to launch options on Ether futures around September 12. Users can already trade Bitcoin futures options and ETH futures via CME. The news comes as demand for Ether options trading activity hit an eight-month high in […]

Advertisements The data suggests that DeFi apps running on mostly centralized cloud providers may make Ethereum vulnerable. The majority of 4,653 active Ethereum (ETH) nodes are in the hands of centralized web providers like Amazon Web Services (AWS), which could “expose Ethereum to central points of failure,” according to crypto analytics platform Messari. An Aug.15 […]

As the Ethereum [ETH] Merge approaches, the altcoin king seems to be prepared to grab every support it can get. Again, ETH has taken it one step further by flipping Bitcoin [BTC]. Advertisements Of course, it’s not in terms of coin price or market capitalization. Arcane Research however, let the cat out of the bag. […]

Advertisements Investors have been crafting their strategies for navigating the volatility that could arise as the Ethereum Merge takes place. Here are a few to consider. The Ethereum network’s long-awaited transition from proof-of-work to proof-of-stake is set to occur from Sept 15 to 16 and for the last year, traders and analysts have been discussing […]