Ethereum Watch

Advertisements ETH’s rally paused at key resistance levels according to on-chain and technical data, but the downside risk appears limited based on the network’s activity. Ether (ETH) fell short of a bullish breakout based on technical and on-chain analysis, suggesting that the consolidation below the $2,000 price level could continue in the medium term. At […]

Ethereum price is still struggling to clear the $1,720 resistance against the US Dollar. ETH could surge if there is a close above $1,720 and $1,740. Advertisements Ethereum is still facing a major hurdle near $1,720 and $1,740. The price is trading above $1,660 and the 100 hourly simple moving average. There is a key […]

A look at the key challenges that developers have encountered in the days leading up to the Shanghai upgrade. Why challenges faced may not necessarily be a concern to the timeline. The Ethereum network is slated to end February with another major upgrade dubbed the Shanghai upgrade. Advertisements It will facilitate liquid staking, which is […]

Advertisements Hackers continue to create fake Web3-enabled websites to fleece unsuspecting victims’ browser-based wallets, with ETHDenver being the latest victim. A fake website of the popular Ethereum Denver conference is the latest phishing target of a red-flagged smart contract that has stolen over $300,000 worth of Ether (ETH). The popular conference saw its website duplicated […]

Advertisements A deflationary Ethereum supply does not necessarily mean a bullish market for ETH, at least in the near term. The price of Ethereum’s native token, Ether (ETH), has surged by more than 40% year-to-date to around $1,750, the highest level in seven months. However, ETH’s price is not out of the woods yet despite several […]

A whale accumulated 28,672 ETH, worth $48.5 million from Binance and Coinbase over the past two months.  Supply on exchanges decreased and metrics looked bullish.  Ethereum’s [ETH] much-awaited Shanghai upgrade is around the corner, and investors are excited. Advertisements The upgrade will finally allow investors to withdraw their staked Ethereum. Amidst the excitement, a Twitter […]

Bitcoin and ETH derivatives register healthy recovery alongside spot demand. However, demand is still relatively low as traders proceed cautiously. The crypto market’s performance on a YTD basis has been different from the bearish performance last year. We have seen strong demand recovery, especially from the spot market. Advertisements A recent analysis revealed how Bitcoin […]

Blockchain insight firm mentioned that L1 and L2 bridges could be risky for ETH. The wallets provided by Optimism and Arbitrum may not be as safe as intended. The Ethereum [ETH] blockchain, as big as it is, suffers from the challenges of scalability, efficiency, and finalizing transactions. Advertisements However, the advent of Layer-one (L1) and […]

While the crypto market is still in an uptrend despite the Securities and Exchange Commission’s (SEC) increase in regulatory actions, projects have been seen taking advantage of the so-called ‘mini bull run’ with new launches. NFT marketplace Blur is one of them.  Advertisements On Valentine’s day, February 14, Blur airdropped its native token under the […]

Advertisements A recent Binance report details the status of Ether staking and explores why the Shanghai upgrade may not result in the ETH sell pressure some traders have predicted. The upcoming Ethereum Shanghai hard fork is slated to occur in March 2023, and the upgrade will cap off the network’s move to proof-of-stake (PoS), which started […]