Ethereum Watch

Advertisements A lack of oracle support, the majority of DApps being supportive of the Merge and Ethereum Classic’s minimal developer activity suggests that PoW hard forks will fizzle. Ether (ETH) is the second largest crypto by market capitalization and the absolute leader in decentralized applications by deposits. Becoming a victim of its own success, the […]

Ethereum [ETH] witnessed a major decline below the $1,600 zone against the U.S. dollar. ETH even declined below $1,500 at press time on CoinMarketCap. Now any recovery of more than $1.5k could face hurdles but again, surpassing the line remains a possibility. Advertisements Rising amidst a storm The largest altcoin, at the time of writing, […]

Advertisements Arbitrum will deploy its Nitro upgrade on August 31  While the upgrade is live, the network will be facing a downtime of nearly 2-3 hours On August 30, Ethereum Layer 2 solution Arbitrum tweeted that the network is all set to undergo a major upgrade on Wednesday, August 31.  Dubbed Nitro, the said upgrade […]

Advertisements The Nitro upgrade will further improve the transaction fee crisis that has plagued the growth of the Ethereum network over the last two years. Ethereum layer-2 scaling solution Arbitrum is set to undergo one of its most significant upgrades on Wednesday, set to increase transaction throughput, slash transaction fees and simplify cross-chain communication between […]

The crypto market is spiraling downwards, especially Ethereum and other altcoins. The overall market cap lost $50 billion last weekend, leaving the current figure at $950 billion. Unfortunately, it eventually lost the $1 trillion mark. The price fall in Bitcoin, Ethereum, and other crypto caused the recent plunge. Advertisements The trend emerged after the August […]

The rampage continues for Ethereum as the alt faltered in the market on 28 August. Investors are elated to see that the Merge is finally happening after a series of delays over the past year. Advertisements But Ethereum is facing a torrid time in the market with trader expectations taking a massive hit at least […]

On-chain data shows the Ethereum funding rates have now declined to the lowest value in 14 months, something that could pave way for a short squeeze in the market. Advertisements Ethereum Funding Rates Reach Highly Negative Value As pointed out by an analyst in a CryptoQuant post, the ETH funding rates are currently at their […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements After a brief month-long uptrend until mid-August, Ethereum [ETH] bears were back in the game post the rising wedge breakdown. This reversal aided the sellers in pulling ETH below its daily 20/50/200 EMA. […]

In the past few years, the cryptocurrency market has shared a close correlation with the stock market. For instance, in February, it was reported that the leading alt, Ethereum [ETH], started to move more closely with U.S. stocks. Advertisements According to the report, a 40-day correlation coefficient for the token and the S&P 500 marked […]

Advertisements The terms of services, laid down by Ethereum’s second-biggest host Hetzner, prohibits customers from running nodes, mining and farming, plotting, storage of blockchain data and trading. Just when the Ethereum ecosystem reached its final stages in preparing for the much-anticipated upgrade, The Merge, german cloud provider Hetzner, reiterated its stance against allowing mining operations […]