Ethereum Watch

Ethereum might be the king of smart contracts and the world’s primary hub for decentralized finance (DeFi) and non-fungible tokens (NFTs) activity but onchain data suggests that Bitcoin is ahead in user engagement, interpreted by the number of daily active users, and network activity is at acceptable, healthy levels, reading from the number of daily […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements Ethereum reclaimed the mid-range of $1600 but hit an obstacle. Crucial sell limit orders were at $1650, $1700, and $1800. Ethereum [ETH] posted about 5% gains after rising from $1550 on 12 September […]

Advertisements Holešky testnet had a 1.6 billion ETH supply at launch, making it potentially more accessible than the older Goerli network. Ethereum developers launched a new testnet on Sept. 15. Called “Holešky,” the network is expected to be used for staking, infrastructure and protocol development, according to its developer documents. Sepolia will remain the dominant […]

Ethereum Core Developers have officially approved EIP-7514 for inclusion in the upcoming Dencun upgrade which is slated for late 2023. This Ethereum Improvement Proposal (EIP) primarily aims to decelerate the growth rate of ETH staking, thereby providing the Ethereum community additional time to craft an improved validator reward scheme. Advertisements The main modification brought by […]

Advertisements Energy use is down, and staking is up, but technical concerns still mark the road ahead for the second-largest cryptocurrency by market cap. One year after its historic transition to proof of stake, Ethereum has seen a massive reduction in energy use and a marked improvement in access to the network, however, a number […]

FTX can now sell up to $200 million worth of its assets weekly, according to a recent ruling. Solana, Bitcoin, and Ethereum were the largest digital assets held by the exchange. There has been speculation throughout the week regarding the impending FTX ruling, which could grant the defunct exchange the authority to liquidate its digital […]

Ethereum founder Vitalik Buterin expressed reservations about Hong Kong’s recent warming towards crypto. He voiced his concerns at the Web3 Transitions Summit in Singapore on Thursday. Advertisements As Hong Kong boldly positions itself as a potential crypto hub by adopting a new regulatory framework, skepticism grows among top industry leaders. Buterin Doubts Hong Kong’s Crypto […]

Advertisements SSV.network launches a distributed validator technology network with more than 10 staking DApps to help decentralize Ethereum staking. Criticisms aimed at the perceived centralization of Ether (ETH) staking pools may finally be quelled by an alternative staking infrastructure that aims to improve private key security and reduce validator downtimes and slashing penalties. Speaking exclusively […]

Advertisements Analysts at market intelligence platform Santiment suggest that the Ether market may experience increased volatility, potentially leading to a recovery. Through an examination of Ether’s (ETH) on-chain activity, market intelligence platform Santiment has published a report indicating that the count of daily active Ether addresses experienced a notable increase, reaching around 1,089,893 on Sept. 13. […]

Ethereum price is slowly moving higher above $1,600 against the US Dollar. ETH could gain bullish momentum unless there is a nasty drop below $1,550. Advertisements Ethereum is showing a few positive signs for a move above the $1,650 resistance. The price is trading above $1,600 and the 100-hourly Simple Moving Average. There was a […]