Ethereum Watch

Bitcoin’s $70K surge seems like a dream as prices and social metrics decline.  Michael Saylor’s optimism clashes with market uncertainties. Amid widespread anticipation, Bitcoin [BTC] surged to $70,000 on the 27th of May, only to retract to $68,101 within 24 hours. This downturn has sparked significant FUD (Fear, Uncertainty, and Doubt), as noted by trader […]

ENS Labs, the team behind the widely-used Ethereum Name Service (ENS), has announced an important upgrade. Advertisements ENSv2 aims to significantly increase the scalability and reduce transaction costs by migrating to a Layer-2 network. Critical Points of ENSv2 Upgrade Since its inception in 2017, ENS has simplified blockchain interactions by mapping long Ethereum addresses to […]

In a recent post on X, renowned crypto analyst Alex Wacy outlined his perspectives on the current state of the crypto market and his top pick for an “under-the-radar” altcoin following the recent price surge of Ethereum. Despite its position as the 9th largest cryptocurrency by market capitalization, Wacy remains bullish on the potential of […]

The recent approval of spot Ethereum (ETH) exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) has stirred the crypto market. ETH and other altcoins in its ecosystem witnessed a renewed interest, with their prices increasing significantly. Advertisements Analysts at crypto research firm Kaiko shared their thoughts regarding the SEC’s preliminary approval. They […]

Michael Saylor makes a U-turn on ETH after ETF approvals.  The executive said that the approval will further legitimize crypto assets.  MicroStrategy founder and CEO Michael Saylor has changed his ‘no second best to Bitcoin’ rhetoric after the Ethereum ETF’s approval. Advertisements Commenting on the approvals, Saylor underscored the update as ‘good for crypto asset […]

Layer-2 (L2) project Taiko has officially deployed its protocol on the Ethereum (ETH) mainnet, marking a significant milestone after two years of work. Advertisements The Taiko protocol uses Based Contestable Rollup (BCR) architecture. It promises to enhance Ethereum’s scalability and security while maintaining a decentralized structure. Vitalik Buterin Proposes First Block as Taiko Deploys on […]

The preliminary approval from the US Securities and Exchange Commission (SEC) for several spot Ethereum exchange-traded funds (ETFs) has sparked renewed enthusiasm in the crypto market. Advertisements This development has led to significant gains for Ethereum (ETH) and several altcoins within its ecosystem, such as PEPE and Ethereum Name Service (ENS), over the past 24 […]

Ethereum price is again moving higher above the $3,800 resistance. ETH is now consolidating near $3,850 and is eyeing an upside break above $4,000 in the near term. Advertisements Ethereum started a fresh increase above the $3,750 resistance. The price is trading above $3,750 and the 100-hourly Simple Moving Average. There is a key bullish […]

Ethereum whales have become more active recently. ETH is attempting to establish the $3,600 range as its support. Analysis revealed that before the Ethereum [ETH] ETF was approved, a particular whale address made bold moves by acquiring more ETH at a specific price level. Advertisements As a result, this address saw a significant unrealized profit. […]

MicroStrategy executive chairman and co-founder Michael Saylor appears to be reassessing his stance on Ethereum after the US Securities and Exchange Commission’s (SEC) approval of spot exchange-traded funds (ETFs). Advertisements In the latest episode of the “What Bitcoin Did For Me” podcast, Saylor called the SEC’s decision positive news for Bitcoin and the entire crypto […]