Ethereum Watch

Mining activity on EthereumPoW is at an all-time low. DeFi activity on the chain is also almost non-existent. The hashrate of EthereumPoW’s [ETHW] network has hit an all-time low due to a continuous decrease in mining activity, data from 2Miners.com revealed. Advertisements As of this writing, the network’s hashrate stood at 14.82 TH/s, having fallen […]

Ethereum price is slowly moving higher above the $1,620 resistance zone against the US Dollar. ETH must surpass $1,650 and $1,670 to continue higher in the near term. Advertisements Ethereum is recovering higher from the $1,565 support zone. The price is trading above $1,620 and the 100 hourly simple moving average. There was a break […]

The Shanghai Upgrade will be released in three days. As a result of the upgrade, LDO has seen a surge in staking. The coming week is extremely important for the Ethereum [ETH] community because the Shanghai upgrade is scheduled to take place in three days, counting down from press time. There has been a lot […]

The volume of blue chip collections, including BAYC, Otherdeed, and MAYC, all declined around the same period Other not-so-popular collections filled in for the decrease, but there were no substantial changes. Ethereum [ETH] NFTs like Otherdeed, Moonbirds, and Bored Ape Yacht Club [BAYC] were almost always on the list of collections with the most daily […]

DeFi protocol Oasis Network said it helped Jump Crypto recover some of the stolen funds in the $300 million Wormhole exploit of February 2022, according to a Feb. 24 statement. Advertisements The platform disclosed that it acted based on an order from the High Court of England and Wales. Following the order, it helped to […]

Ethereum core developers want to build a new testnet called Holesky which will solve the issue of testnet token distribution for developers currently using the Goerli testnet. Advertisements In a Feb. 23 tweet, Ethereum’s core developer, Tim Beiko, said the developers were planning a new testnet Holli for later this year. The testnet could be […]

Circle rolls out new Euro-based stablecoin as an ERC20 token on Ethereum. Ethereum’s on-chain metrics rose as a result of the announcement. The Ethereum [ETH] network just added support for another stablecoin. The network has so far supported multiple stablecoins, but most are pegged on the U.S. dollar. This time the latest addition is Euro […]

Advertisements One Ethereum bull hopes the launch will help onboard a host of other crypto companies and financial institutions onto Ethereum. The Ethereum community appears to have taken a bullish view of Coinbase’s newly announced layer-2 network, Base, which has been described as a “massive confidence vote” and a “watershed moment” for the blockchain network.  […]

Gaming activity on the Ethereum network declined considerably. Gas fees increased by a significant margin only to fall back again. The gaming sector in the cryptocurrency space has been driving users to multiple networks over the last few months. However, it appeared that Ethereum was not enjoying that privilege. Advertisements According to recent data provided […]

Ethereum price started a fresh increase from $1,600 against the US Dollar. ETH is rising, but it must clear $1,720 to start a fresh rally in the near term. Advertisements Ethereum is now rising from the key $1,600 support zone. The price is trading just above $1,650 and the 100 hourly simple moving average. There […]