Ethereum Watch

Ethereum is struggling below the $1,100 zone against the US Dollar. ETH could gain bearish momentum if it breaks the $1,030 support zone. Advertisements Ethereum is facing resistance near the $1,100 and $1,120 levels. The price is now trading below $1,150 and the 100 hourly simple moving average. There is a key bearish trend line […]

Advertisements Fees spiked to a high of $8.36 million for Uniswap on June 15, beating out Ethereum on the same day at $7.99 million, and coincided with an 8.7% pump for UNI. Decentralized exchange (DEX) Uniswap has overtaken its host blockchain Ethereum in terms of fees paid over a seven-day rolling average. The surge appears […]

Ethereum [ETH] is taking a bit of a breather after the cryptocurrency market’s extended downward spiral. The altcoin king dropped below $1,000 for the first time since January 2021 between 18 June and 19 June. Advertisements Although ETH has recovered slightly above the $1,000 price level, concerns that the bears might continue their assault still […]

Advertisements Summary: Ethereum core developers have confirmed that only Goerli and Sepolia Testnets will be maintained after the Merge. The Kiln, Rinkeby, and Ropsten testnets will slowly be retired. Ethereum developers are urged to shift to Goerli and Sepolia. The Goerli testnet’s state is the closest to the Ethereum mainnet. Sepolia is relatively new with […]

Ethereum, the second-largest cryptocurrency by market capitalization, is currently in freefall. Over $124 billion in capital vanished from the Ethereum (ETH) decentralized finance (DeFi) in six weeks. Advertisements Seven months ago, ETH reached its highest value ever at $4,891.70 on November 16, 2021. But it is now trading at around $1,100, which is less than […]

Advertisements On the Ethereum network, USDC’s real volume has nearly doubled that of USDT in the past 24 hours, which could be another sign that the top stablecoin’s dominance is coming to an end. USD Coin (USDC) is taking a run at the title of the top stablecoin in crypto after its daily ‘real volume’ on […]

Ethereum hasn’t had a chance to recover ever since it began declining in November 2021. However, its investors haven’t lost the hope of witnessing a rally. Advertisements Notably, a possible recovery might not bring enough improvement for the king altcoin, given its investors’ recent actions. Ethereum back to $2k? Trading at $1155, Ethereum’s 13.15% rise […]

Advertisements Summary: Ethereum’s Vitalik Buterin has criticized Bitcoin’s stock-to-flow model by PlanB. Vitalik explains that the stock-to-flow model is not looking good, and financial models that give people false hope deserve all the mockery they get. Mr. Buterin also asked the crypto community to remember all who supported the Bitcoins stock-to-flow model and those who […]

Key Takeaways Compound and Aave have surged by over 70% since Jun. 18. Synthetix also went parabolic at the start of the week as its trading volumes have exploded. COMP can hit $63 and AAVE $94 if the buy orders continue piling up.  Share this article URL Copied Advertisements Compound and Aave have nearly doubled […]

Shiba Inu is currently the second-largest crypto asset held among the top 100 Ethereum whales behind USDC, according to statistics from WhaleStats, although Ethereum (ETH) maintains the top rank. Advertisements The most recent data from WhaleStats reveals the investment patterns of the top 100 non-exchange Ethereum addresses by wealth. The top 100 whales are essentially […]