Ethereum Watch

Advertisements Buterin praised the governance model, saying that it would lead to long-term success through the representation of non token holders’ interests. Optimism airdropped the OP governance token earlier in the week. Community members and others have shown a lot of excitement for the new governance experiment. Ethereum co-founder Vitalik Buterin offered some praise and […]

The recent crash in the crypto markets took everyone by surprise, especially Bitcoin. Many coins lost value drastically and very fast at that. Even the number one crypto Bitcoin took a big hit when investors kept selling out in panic. While many are hoping for a recovery, the storm is still rising. Also, many speculations […]

Massive ETH holdings have been moved into exchanges as the shakedown continues for the Ethereum community. ETH holdings worth around $2.1 billion were transferred to exchanges over the past week with investors under increasing pressure. Ethereum has started the new month poorly and is down again after under-performing across May. Advertisements Not clicking very well! […]

Advertisements ETH price is meeting strong resistance at the $2,000 level and these trading metrics explain why. Ether’s (ETH) market structure continues to be bearish despite the failed attempt to break the descending channel resistance at $2,000 on May 31. This three-week-long price formation could mean that an eventual retest of the $1,700 support is […]

Advertisements Summary: Arthur Hayes has released a new forecast of a possible bottom for Bitcoin at between $25k to $27k and Ethereum at between $1,700 to $1,800. Mr. Hayes also questions whether the crypto markets have already factored in multiple interest rate hikes by the US Fed. He adds that the correlations between Bitcoin, Ethereum, […]

Advertisements Ethereum’s price action hangs around major swing lows despite the all-important Merge network upgrade. Analysis suggests ETH is discounted below $2,000. In a May 30 tweet, Ethereum (ETH) core developer Tim Beiko confirmed that the much-anticipated Ropsten testnet trial of the Merge from proof-of-work to proof-of-stake can be expected “around June 8 or so.” […]

Advertisements There are currently 38 projects deployed on the Ethereum layer-2 network. More are expected as attention shifts to scalability. Automated market maker and decentralized finance (DeFi) protocol Balancer has officially deployed on Optimism, the highly touted Ethereum layer-2 scaling solution, in a move designed to enhance user functionality by increasing scalability and reducing fees.  […]

Ethererum‘s much-anticipated “Merge” seem to be closer than ever. DeFi investors are hoping that Ethereum’s ‘Merge’ will pull the crypto market out of its current bear market. Advertisements All roads lead to ‘YOU’ The second-largest cryptocurrency has significantly suffered in 2022. Data from DeFiLlama shows, that the total value of assets locked in the space […]

Ethereum gained bearish momentum after it broke the $1,920 support against the US Dollar. ETH might extend losses if it breaks the $1,760 support. Advertisements Ethereum started a fresh decline after it broke the $1,920 support. The price is now trading below $1,900 and the 100 hourly simple moving average. There was a break below […]

Advertisements Summary: The New York Department of Justice has announced that it will be charging a former OpenSea employee for alleged insider trading of NFTs. The former employee was arrested and will be presented in the United States District Court for the Southern District of New York. The charges cite that the Opensea employee used […]