Ethereum Watch

Ethereum is still above the $1,720 support against the US Dollar. ETH must clear $1,820 and $1,850 to start a steady increase in the near term. Advertisements Ethereum is still above the main $1,720 support zone. The price is now trading below $1,800 and the 100 hourly simple moving average. There is a crucial bearish […]

On 2 May, ApeCoin DAO, a governance system that protects ApeCoin holders’ democratic rights — a digital asset linked to the Bored Ape Yacht Club ecosystem — published an official proposal. It discussed whether the asset should stay on Ethereum, migrate to a layer-2 alternative, or consider chain migration. Advertisements The final findings suggest that […]

Advertisements Traders keep saying ETH price will collapse below $1,600 soon, but a key trading metric shows most are unwilling to place bearish bets below $1,900. Ether (ETH) is down 25% in just a month and even the recent upgrade to a proof-of-stake (PoS) consensus on the Ropsten testnet failed to move the altcoin’s price.  […]

Advertisements Key takeaways: ViacomCBS has partnered with RECUR to launch NFTs across its portfolio of consumer brands. ViacomCBS is the parent company of Nickelodeon, MTV, CBS, BET, Comedy Central, Paramount Pictures, and Showtime Networks Inc. Nickelodeon already has a Twitter page on NFTs. The NFTs will be launched in the spring of 2022, focusing on […]

Advertisements Summary: The Merge on the Ropston testnet on Wednesday was largely successful as the pace picks up for Ethereum 2.0. A few bugs remain with client pairs and validating block proposals, but ETH developers assured that fixes are on the way. Developers also asked the community to help spot and report any bugs. Goerli […]

Advertisements Liquid staking firms could default on their Ether obligations if The Merge does not happen. The next big crypto crash could be around the corner due to Lido Staked Ether (stETH), a liquid token from the Lido protocol that is supposed to be 100% pegged by Ethereum’s native token, Ether (ETH). Notably, the stETH […]

Ethereum is showing positive signs above $1,720 against the US Dollar. ETH could start a strong increase if there is a clear move above the $1,850 resistance. Advertisements Ethereum remained well supported above the $1,720 support zone. The price is now trading below $1,820 and the 100 hourly simple moving average. There is a major […]

Advertisements Following a six-day snapshot voting period, the final results narrowly reveal that 53.59% of ApeCoin participants advocate to remain on Ethereum for the mid-term future, with 7.1 million APE tokens cast in total. ApeCoin DAO, a governance system serving the democratic rights of ApeCoin holders — a digital asset tied to the Bored Ape […]

June is important for two reasons for the crypto market. Firstly it marks the end of the second quarter, and secondly, the end of June will also mark the arrival of the Merge. The highly anticipated event is expected to be a turning point for Ethereum [ETH] and maybe for the ones investing in the […]

Key Takeaways EVODeFi, a bridge in the Oasis Protocol ecosystem, may be $66 million short of funds. EVODeFi responded to the turmoil by pausing the bridge on June 7. The Oasis Foundation has issued a statement attributing those losses to FUD rather than protocol failures. Share this article URL Copied Advertisements Rumors of insolvency are circulating […]