Ethereum Watch

Advertisements Summary: The Ethereum Name Service governance proposal aims to create an extra runway for the project should the crypto market suffer another downturn. 10,000 ETH would be sold for Circle’s USDC via a Gnosis auction, Wednesday’s proposal suggested. ENS DAO held around $2.4 million in stablecoin and some 40,000 Ether in its treasury at […]

Ethereum struggled to clear the $1,600 resistance and corrected lower against the US Dollar. ETH could remains supported and might rise from the $1,500 support. Advertisements Ethereum is correcting gains from the $1,600 and $1,580 resistance levels. The price is now trading below $1,550 and the 100 hourly simple moving average. There was a break […]

Advertisements Leading layer-2 networks on Ethereum have seen a surge in daily active users and fees recently. Ethereum layer-2 networks have gone through an explosive growth phase over the past couple of months, a trend that is set to continue in 2023. According to recent data, the leading layer-2 networks have seen an increase in […]

Ethereum validators hit over 500,000 as the network moved close to an upgrade. The total value of ETH staked also increased to over 16 million. As per a report published on 17 January by web3 platform Alchemy, the number of smart contracts deployed on the Ethereum [ETH] mainnet had increased by 293% in comparison to […]

Advertisements ETH price continues to encounter resistance at the $1,600 level, a potential sign that the current rally lacks sustainable momentum. Ethereum (ETH) price is struggling to overcome resistance at $1,600 and this is the altcoin’s third attempt since September 2022. Some would say the 33% year-to-date rally could be interpreted as a failed opportunity […]

ZKSync, an Ethereum layer-2 platform designed to scale transaction throughput using zero-knowledge (ZK) proofs and Rollups, has released a new software development kit (SDK) in Swift. Advertisements ZKSync Releases SDK in Swift In a tweet on January 17, ZKSync said the goal is to make their features more accessible to developers and dApps. With a Swift […]

ETH saw its highest profit transaction ratio since October 2021. On-chain data suggested that a local top has been reached. Currently trading at its pre-FTX level, leading altcoin Ethereum [ETH] logged its highest profit transaction ratio since October 2021 on 16 January, data from Santiment revealed.  Advertisements 💸 Are #crypto markets seeing a top? Traders […]

Advertisements According to the developers, the soulbound credit score system uses over 10,000 data points to determine a Web3 user’s creditworthiness. Masa Finance has launched the first soulbound identity protocol for the Ethereum mainnet, according to a Jan. 17 press release shared with Cointelegraph. The protocol will allow for standardized soulbound tokens to be minted […]

Advertisements Summary: Validators on the network increased from 428,000 around September 15 when Ethereum upgrade from proof-of-work to proof-of-stake. The news comes ahead of staked Ether withdrawals expected to roll out with the Shanghai update in March 2023. Validators have staked over 16 million ETH worth roughly $25 billion with Ether trading around $1500 on […]

Ethereum gained pace above the $1,500 resistance zone against the US Dollar. ETH is consolidating gains and might aim a fresh rally towards the $1,650 level. Advertisements Ethereum started a decent increase above the $1,500 and $1,520 resistance levels. The price is now trading above $1,520 and the 100 hourly simple moving average. There is […]