Ethereum Watch

Today marks 240 days since an event the Ethereum community has come to know as “the merge.” And its effects on the total ETH supply are clear. Advertisements Arguably the most significant upgrade in its history, the merge saw the Ethereum network transition from a Proof of Work (PoW) consensus mechanism to one based on […]

Advertisements Ethereum’s supply on exchanges hit an all-time low, with only 10.1% of the total supply available for trading. Investors remain optimistic about Ethereum’s future despite liquidations, as the exchange funding rate is still positive. Following its remarkable 6% surge in value on 5 May, Ethereum [ETH] has embarked on a consistent downward trajectory. Yet, the […]

The Ethereum price consolidation weakened as the bulls lost momentum, resulting in a nearly 4% loss in the last 24 hours and a 7% decline on the weekly chart. The technical analysis indicates considerable bearish pressure. Advertisements The coin’s value remained stagnant at around $1,800, leading to waning interest from buyers and a significant decrease […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Advertisements Sellers were temporarily stalled at $1800 support at press time.  Negative sentiment persists despite the accumulation seen in the past few weeks. The U.S. stock and crypto market posted mixed results on 10 […]

Advertisements ETH staking gains momentum after staking unlocks, proving investor confidence. At press time, ETH whales held the market back after a recent sale. Not so long ago we were wondering whether ETH staking unlocks will lead to a massive outflow from staking pools. Potentially trigger more sell pressure. Fast forward to the present and […]

Advertisements On Episode 19 of Hashing It Out, Ambire founder and CEO Ivo Georgiev explains a new technology aiming to bring increased flexibility and security to the Ethereum network. On Episode 19 of Cointelegraph’s Hashing It Out podcast, Elisha Owusu Akyaw talks to Ivo Georgiev, CEO of Ethereum smart contract wallet Ambire. Georgiev explained account […]

Advertisements The failed rally above $2,000 on May 6 has proven that ETH bulls are nowhere near comfortable adding leveraged longs. After a brief overshoot above $2,000 on May 6, the Ether price has returned to a tight range between $1,820 and $1,950, which has been the norm for the past three weeks. According to […]

Tether Holdings Limited, the issuer of the world’s largest stablecoin, USDT, has published its Q1 2023 Assurance Report, attested to by BDO Italia, a top five-ranked global independent public accounting firm. The report re-affirms the accuracy of Tether’s Consolidated Reserves Report (CRR), which details the assets held by the group as of March 31, 2023. […]

Advertisements Cardano takes advantage of upper hand in lower fees compared to rival Ethereum. ADA slips below key support level after struggling to find bullish momentum. The crypto market is currently at a stage where a network’s weakness may pave the way for another to thrive. The rivalry between Ethereum and Cardano is perhaps an […]

Advertisements Ethereum’s staking rewards hit a record 8.6% post-Merge, with validators earning $46 million in the first week of May, citing the memecoin craze responsible. Validators earned $46 million in the first week of May due to an increase in the staking rewards rate, which is a metric for validators’ annualized yield. According to data, […]