Ethereum Watch

2 February saw ETH hit $1,713 for the first time in four months. The inflow of ETH into exchanges exceeds the outflow signifying sell pressure. Ethereum [ETH] experienced a price increase before the close of the trading session on 2 February, bringing it to its highest level in more than four months. How did traders […]

In 2022, the crypto space faced a high rate of scams and fraudulent activities, especially in the DeFi sector. Scammers use phishing, fake ICOs (Initial Coin Offerings), Ponzi schemes, and impersonation techniques to trick people into giving up their cryptocurrencies.  Advertisements Unfortunately, the decentralized nature of cryptocurrencies made it easier for scammers to operate and […]

There was a notable increase in the number of ETH burned, but miner revenue declined. Ethereum’s development activity prevailed in highs as Shanghai upgrade draws near. The EIP-1559 proposal was approved as a solution to congestion of the Ethereum [ETH] network. Reportedly, the proposal will also help the blockchain with token deflation. The activity somewhat […]

Key Takeaways Sberbank is set to launch an Ethereum-compatible DeFi platform. Launch will happen on multiple steps, with commercial transactions enabled by the end of April. Sberbank is the largest bank in Russia and the third largest in Europe. Share this article URL Copied Advertisements Russia’s various financial institutions and banking entities don’t always see […]

Advertisements Summary: Russia’s largest bank said the Ethereum-based platform will launch for open testing in March ahead of the main launch in May. The system will begin facilitating commercial operations at the end of April and MetaMask users will be able to connect to the DeFI platform. Friday’s news comes after Sberbank launched Russia’s first […]

Advertisements DeFi systems are able to displace the traditional market of banking services, Sber’s Blockchain Lab product director Konstantin Klimenko said. Russia’s largest bank, Sberbank, is moving forward with the plan to launch its decentralized finance (DeFi) platform, preparing to trial the product in a few months. Sberbank expects to launch open trials of its […]

On-chain data shows Ethereum profit-taking has spiked to high levels not seen since February 2021, a sign that could be bearish for the asset’s price. Advertisements Ethereum Profit Taking Rises As ETH Continues To Rally As per data from the on-chain analytics firm Santiment, this profit-taking may suggest that the holders don’t believe the rally […]

Ethereum’s price went up by over 40% since January. Network growth, however, declined. With a price increase of over 40%, Ethereum [ETH] had a successful January. Although short-term investors can consider this a success, would it be advantageous to hold the asset for the foreseeable future? Advertisements Read Ethereum’s [ETH] Price Prediction 2023-24 ETH sees a […]

Advertisements ETH price is finding support at $1,560 and multiple data points are beginning to hint at a possible rally to $1,800 before the end of February. Ether (ETH) has been struggling with the $1,680 resistance since Jan. 20. Still, the ascending triangle pattern and improvements in investor sentiment in ETH derivatives provides hope that […]

Advertisements Summary: The average number of 56 industry experts expect ETH to hit finish 2023 above $2,000 and hit $6,000 by 2025. Finder’s panelists also opined that Ethereum could flippen Bitcoin as the largest crypto by market cap by 2024. 56% of Finder’s experts said now is the time to buy Ether and 60% believe […]