Ethereum Watch

Advertisements Summary: Yuga Labs has announced that it has filed a lawsuit against parties slandering the Bored Ape Yacht Club NFT project. The Bored Ape Yacht Club NFT project has been the victim of conspiracies that it has ‘racist’ undertones. The Co-founder of BAYC, Gordon Goner, had earlier this week attempted to debunk such claims. […]

Solana (SOL) is the best performing asset in the crypto top 10 by market cap. The market seems to be positively reacting to Solana Labs’ smartphone announcement as the cryptocurrency is surging faster than other assets in this tanking. Advertisements Related Reading | Bitcoin Whale Presence On Derivatives Still High, More Volatility Ahead? At the time […]

It’s said that the ability to upgrade is important. All hail Ethereum as the network awaits the ‘Gray Glacier’ upgrade. In the coming days, the upgrade will be introduced to the mainnet. It is built to further delay the Ice Age (Difficulty Bomb) by roughly 100 days. Advertisements The Ethereum network will be undergoing the […]

Advertisements The top 100 DeFi tokens showed signs of recovery after last week’s mayhem, and many of the these tokens registered double-digit gains. This past week, the decentralized finance (DeFi) ecosystem tried gaining some momentum amid the bear market crash. Uniswap saw a trend reversal and overtook Ethereum regarding network fees paid. However, not all […]

Advertisements Summary: Sky Mavis, the parent company of Axie Infinity, expects to reimburse hack victims on June 28th. The Ronin Network bridge is also expected to reopen on the same day. The parent company and developer of the Axie Infinity Video Game, Sky Mavis, has said in a statement that it expects to reimburse all […]

Advertisements Ether has rebounded by nearly 40% in the last six days despite persistent “bull trap” risks. Ethereum’s native token, Ether (ETH), gained alongside riskier assets as investors assessed weak U.S. economic data and its potential to cool down rate hike fears. Ether mirrors risk-on recovery ETH’s price climbed up to 8.31% on June 24 […]

Ethereum is slowly moving higher above the $1,120 zone against the US Dollar. ETH could rally if there is a clear move above the $1,165 resistance level. Advertisements Ethereum is facing resistance near the $1,165 and $1,190 levels. The price is now trading above $1,120 and the 100 hourly simple moving average. There was a […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Advertisements Ethereum [ETH] has seen rough times in recent weeks on the price charts. During the harsh drop on 12 May across the market, Ethereum had managed to hold on to the […]

Advertisements Summary: Ethereum co-founder, Vitalik Buterin, has thrown some shade into Su Zhu’s alleged $50 million yacht purchase. According to Vitalik, there are better ways of burning $50 million, such as becoming a Gitcoin grants matching partner. Rumors of Su Zhu’s yacht purchase have elicited mixed reactions on Twitter. Ethereum’s co-founder, Vitalik Buterin, has chimed […]

Advertisements ETH price faces headwinds from bearish technicals coupled with strong Ethereum investment outflows. Ethereum’s token Ether (ETH) could be entering a “bull trap” zone after rebounding back above the $1,000 mark from 18-month lows of $885.  Ether price paints a “rising wedge” The first among these indicators is a “rising wedge,” a classic bearish […]