Ethereum Watch

Advertisements Ethereum Foundation’s Nixo Rokish told Cointelegraph that unexpected issues on two testnets left developers under pressure and exhausted. Ethereum developers are under pressure as the Pectra upgrade moves to a new testnet following a series of unexpected issues that have delayed its mainnet deployment. The Pectra upgrade, which was expected to hit the Ethereum […]

Celo has officially transitioned from a standalone EVM-compatible Layer-1 (L1) blockchain to an Ethereum Layer-2 (L2), marking a significant milestone for the blockchain ecosystem. Advertisements The network first proposed the migration two years ago, intending to enhance security, real-world Ethereum use cases, and developer experience. Celo’s Migration to Ethereum Layer 2 Celo finalized its migration […]

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced one of its most challenging starts to the year, recording its second-worst performance in the first quarter of its history.  Advertisements As of now, ETH is trading just above the crucial support level of $2,000, reflecting a year-to-date decline of 43%. This stark contrast is […]

Advertisements Swyftx lead analyst Pav Hundal told Cointelegraph that a “vertical swing up” over the next six days before the end of the first quarter of 2025 is unlikely. Bitcoin and Ethereum are poised to suffer their worst first quarter in years unless they can pull off a huge rally in the next few days. […]

Advertisements Ether price is at risk of a decline toward $1,200 as it retests a key support level amid diminishing network activity and a return to inflation of ETH supply. Ether’s (ETH) price printed a bear flag on the daily chart, a technical chart formation associated with strong downward momentum. Could this bearish setup and […]

Advertisements World Liberty Financial, backed by US President Donald Trump, said the USD1 stablecoin launched on March 4 was “not currently tradeable.“ The Donald Trump-backed crypto venture World Liberty Financial launched a US dollar-pegged stablecoin with a total supply of more than $3.5 million. According to data from Etherscan and BscScan, the project launched the […]

Advertisements Ethereum’s market cap surpasses global giants like Toyota and Disney, highlighting its value despite trading 57% below its 2021 all-time high. Ether is trading at around half its all-time high price, but the Ethereum network is still valued higher than some of the world’s most prominent companies. Ether (ETH) traded at roughly $2,088 at […]

Ethereum is currently in a major support zone. It’s trading around the $2K level, which happens to be the bottom of a prominent trendline. Advertisements The last two times $ETH bounced off from this trendline (in May 2022 and November 2022), it surged by 110% and 250%, respectively. If the scenario repeats this time around, […]

The market is experiencing renewed optimism as crypto inflows reached $644 million last week. Advertisements It is a significant reversal after five consecutive weeks of outflows, suggesting a notable change in investor sentiment. Crypto Inflows Reach $644 Million, Market Sentiment Recovers The rebound follows a challenging period in which investor sentiment remained cautious, leading to […]

This week, several significant events are poised to impact the crypto market. The new SEC chair ascension, developments in Ethereum’s Pectra Upgrade, and new ecosystem developments have the crypto space buzzing with anticipation. Advertisements Investors and market watchers closely monitor these events to gauge their potential influence on the market and asset prices. Here is […]