Ethereum Watch

Ethereum broke the $2,820 support to enter a bearish zone against the US Dollar. ETH remains at a risk of more downsides below the $2,740 level. Advertisements Ethereum started a fresh decline after it failed to clear the $2,880 zone. The price is now trading below $2,820 and the 100 hourly simple moving average. There […]

Advertisements ENS price gained 90%+ after the protocol surpassed 1 million registered domain names in April. A handful of industries and tech workers are shifting from Web2 to Web3 and with this move, awareness of blockchain technology is also spreading. The Ethereum Name Service (ENS) is one project that is looking to help facilitate Web3 […]

Advertisements Summary: Ethereum could end 2022 at $5,783 and hit $11,764 by 2025 and $23,372 by 2030 The price predictions are by Finder.com’s panel of analysts Ethereum’s increment in price is hinged on a successful upgrade to Proof-of-stake and fighting off other networks in the DeFi space The number two digital asset of Ethereum (ETH) […]

Advertisements The second-largest blockchain has developed a massive ecosystem around it. However, its scalability issues have made room for “ETH killers” to enter the ring. Ethereum has proven to be a formidable force. While its major issues have spawned other coins aimed at addressing them, Ethereum looks to shed its old skin with the release […]

Sales of Ethereum Name Service (ENS) domains have skyrocketed. At current market prices, the base price for a four-digit ENS domain name is around 0.5 ETH, which is over $1,450. Ethereum users rushed to purchase scarce three- and four-digit names. Furthermore, the number of eth. name registrations saw a spike post 21 April. Advertisements April […]

On Saturday, April 30th, Bored Ape’s creators Yuga Labs broke Ethereum. Their new metaverse-inspired project, Otherside sold plots of virtual land to a roaring crowd of people yelling “Shut up and take my money!” In this case, the currency in question was the recently created ApeCoin. However, since Ethereum hosts ApeCoin and the land NFTs, […]

Advertisements Quick take: The Otherside Metaverse NFT mint spearheaded by Yuga Labs is thus far the largest in blockchain history 55,000 Otherdeeds NFTs were sold for a flat rate of 305 Apeocin, raising $320 million using an APE value of around $19 The mint congested the Ethereum network raising network fees to as high as […]

Advertisements Nearly $170 million left Ethereum-based investment funds in 2022, signaling a drop in institutional demand. Ethereum’s native token Ether (ETH) faces the possibility of a 35% price correction in Q2 as it comes closer to breaking below its “ascending triangle” pattern. ETH price breakdown ahead? Ether’s price swung between profits and losses on May […]

Ethereum, the world’s largest altcoin, followed a bearish path below the $2,850-pivot level. In fact, ETH even traded below the $2,800-support level amidst the wider correction within the market. It traded as low as $2,718 before the bulls appeared on the horizon. Soon after, Ether’s price started an upside correction and climbed above the $2,750-level. […]

Advertisements Otherdeed NFTs top the “burn leaderboard” over the past seven days at roughly 55,816 ETH, or 56% of all burns during that period. The burning rate of Ethereum has spiked to new all-time high (ATH) levels following the heavily anticipated sale of tokenized land plots in Yuga Labs’ upcoming Metaverse project the “Otherside.” Yuga […]