Ethereum Watch

Prometheum, an “alternative” trading platform for crypto “securities” assets, has recently announced the launch of its custodial services for Ethereum (ETH). This move has significant implications for the legal status of the second-largest cryptocurrency by market capitalization.  Advertisements Fortune Magazine reported that the company’s strategy is to compel regulators, particularly the Securities and Exchange Commission […]

Advertisements The final Ethereum testnet has gotten upgraded. Ethereum’s TVL has added nearly $3 billion in the last three days. Recent reports indicate that Ethereum’s [ETH] developers have reached the penultimate stage of the Dencun mainnet upgrade. Holesky gets an Ethereum upgrade As of a recent announcement from an Ethereum developer, the anticipated final deployment […]

Ethereum (ETH) has made significant strides in its 2024 roadmap with the successful launch of the Dencun upgrade on the final Holesky testnet.  Advertisements This is seen as a crucial step towards deploying the upgrade on the mainnet, signaling Ethereum’s progress in improving transaction efficiency, and scalability and reducing transaction fees by up to 90%. […]

Advertisements ETH continued to trade above $2,300 despite the transfer. The price might climb above $3,000 if market conditions improve. According to Spot On Chain, Ethereum [ETH] was part of the cryptocurrencies let go by defunct crypto exchange FTX and its sister firm Alameda. Based on the post, the firms sent 1,000 ETHs to Coinbase. […]

Advertisements Ethereum’s whales have reignited their interest in ETH. Interest in NFT trades on the network fell. Despite the recent volatility experienced by Ethereum [ETH], there has been a noticeable increase in the altcoin over the past few days. Recent whale behavior also supported this notion. Whales move in According to Lookonchain, a substantial whale […]

Advertisements ETH must test a key support level at $2,150 to move up.  Market indicators suggested the possibility of a price downtrend.  Ethereum [ETH] witnessed a price correction a few days ago as it slipped under the $2,300 mark. However, it continued holding on to a key support zone at press time. A drop below […]

Advertisements Ethereum’s futures monthly volume rose to a three-year high on the Chicago Mercantile Exchange Group in January. Open interest on the exchange also registered a new high in January.  Key volatility markers showed that the coin remained prone to price swings. Ethereum’s [ETH] futures monthly volume on derivatives marketplace Chicago Mercantile Exchange Group (CME […]

The allure of creating your own NFTs and BRC-20 tokens is undeniable. For artists, owning and monetizing their digital creations through NFTs offers a new level of control and potential financial reward. Beyond the realm of art, NFTs can foster passionate communities, grant exclusive access to events, and even act as fundraising tools.  Advertisements However, […]

Advertisements Monthly ETH withdrawals are now around $1.2 billion. The historical ETH balance on Binance hits its lowest in months. Ethereum [ETH] experienced a significant outflow in the past week, contributing substantially to the total outflow volume for the entire month. How has this impacted the available supply on exchanges, particularly Binance, the largest exchange? […]

Recent data shows that Solana-based decentralized exchanges (DEXs) have taken Ethereum’s spot in a key metric, creating expectations and positive sentiment for the Solana (SOL) ecosystem. Advertisements Solana DEXs Outperform Ethereum According to data from DeFiLlama, Solana-based decentralized exchanges (DEXs) have flipped Ethereum in daily trading volume. Over the last 24 hours, Solana’s $1.14 billion […]