Ethereum Watch

Increased demand for the Ethereum network has led to a surge in burn rate. This has brought about a decline in the coin’s circulating supply. Ethereum’s [ETH] circulating supply has fallen to a new post-merge low, according to data from Ultrasound.money. Advertisements In the last month, 86,219 ETH worth around $300 million at the altcoin’s […]

Grayscale said case for Ethereum spot ETFs as strong as that of Bitcoin. Concerns regarding the approval started to surface Grayscale Investments submitted a revised filing with the U.S. Securities and Exchange Commission (SEC) to transition its flagship Ethereum [ETH] trust into a spot ETF. Advertisements One step closer Craig Salm, the company’s Chief Legal […]

Asset management firm Grayscale Investments has updated its application for an Ethereum spot ETF (exchange-traded fund) with the United States Securities and Exchange Commission (SEC). Advertisements Ethereum Spot ETF Case Just As Solid As Bitcoin’s, Grayscale Argues According to a recent post on X by Craig Salm, Grayscale’s chief legal officer, the asset management firm […]

Despite the regulatory uncertainty surrounding spot Ethereum exchange-traded fund (ETF), leading crypto asset management firm Grayscale’s quest for this investment product persists. Advertisements The firm amended its proposal to uplift its Ethereum Trust into a spot Ethereum ETF that would be listed and traded on NYSE Arca. Grayscale Amends Ethereum ETF Filing Grayscale argued that […]

The past 24 hours have seen a decline in the general cryptocurrency market. BTC, ETH, and XRP prices may witness further decline in the short term. As the crypto market overheats, the values of many leading assets have declined over the past 24 hours. Due to this, the global cryptocurrency market capitalization plummeted by 7% […]

Ethereum price is declining from the $4,080 zone. ETH is now approaching a major support at $3,500 where the bulls might take a stand. Advertisements Ethereum started a downside correction from the $3,080 zone. The price is trading below $3,800 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with […]

The Dencun upgrade caused volatility for L2 tokens. Activity on Polygon and Arbitrum grew as fees declined, but Optimism failed to benefit. Ethereum’s [ETH] Dencun upgrade was expected to have a massive impact on the Ethereum network and its price. Advertisements However, along with that, Layer-2 networks were also expected to be impacted due to the […]

Ethereum’s recent Dencun upgrade has significantly reduced transaction fees across various Layer 2 (L2) networks.  Advertisements This milestone marks a pivotal moment for Ethereum users, promising improved scalability and affordability within the network. Ethereum Dencun Upgrade: Lower Fees, More Speed Following the upgrade, the average fee on Optimism plummeted to $0.05, while Arbitrum’s dropped to […]

Ethereum price is struggling above the $4,000 zone. ETH is slowly moving lower and there is a risk of a downside thrust toward the $3,850 support. Advertisements Ethereum traded to a new multi-month high above $4,080 before correcting lower. The price is trading below $4,000 and the 100-hourly Simple Moving Average. There is a connecting […]

The Dencun upgrade is aimed at reducing fees to help L2s grow further.  ETH’s price action remained bullish, as did market sentiment.  The wait for Ethereum’s [ETH] much-talked-about Dencun upgrade is coming to an end, as it is scheduled to take place on the 13th of March. Advertisements The upgrade will bring several changes to […]