Ethereum Watch

ChatGPT’s ENS domain sold for 139x of its initial sale. Registrations remain in shambles despite an increase in 24-hour trading volume. Despite not being a part of AI token, Ethereum Name Service [ENS] became part of the cryptocurrencies that have gained from ChatGPT’s rise. According to the sales bot of the open naming system, the […]

Charles Hoskinson, the founder of Cardano, thinks the entire staking model used in Ethereum is problematic.  Advertisements The Ethereum Staking Model is Flawed, Says Cardano Founder Charles waded into the staking discussion following Brian Armstrong’s unconfirmed rumors that the United States Securities and Exchange Commission (SEC) planned to ban retail crypto staking in the country. Ethereum relies […]

Rising gas prices could affect Ethereum. NFT trades decline, but traders show optimism. As the Ethereum [ETH] network continues to grow, new data has revealed an alarming trend. Gas fees on the Ethereum network have been steadily increasing since the network’s recent merge. This rise in gas prices might hinder the adoption of Ethereum, as […]

Advertisements Ethereum co-founder and Consensus founder Joe Lubin says ETH’s relatively stable value through crypto winter is reason to be bullish about Ethereum’s future. With Ethereum showing resilience through the latest cryptocurrency winter, Consensus founder Joe Lubin says he’s ‘bullish’ over Ether’s (ETH) relative stability through compounding macro events.  Cointelegraph Magazine editor Andrew Fenton spoke […]

The Ethereum (ETH) price is trading slightly above a crucial resistance level at $1,664. Reclaiming it would be a positive signal for the future price. Advertisements ETH is the native token of the Ethereum blockchain, created by Vitalik Buterin. After the release of Ethereum 2.0, it moved to a proof-of-stake (PoS) consensus mechanism. Ethereum developers launched […]

Advertisements Ethereum block statistics show that the average number of blocks mined each day showed little to no change, while the total block size per month increased by 7%. Stepping into 2023, the cryptocurrency market seemingly shrugged off the year-long bearish sentiment from 2022. As investors took notice, the long-awaited price corrections had a significant […]

Ethereum started a fresh increase and retested $1,700 against the US Dollar. ETH is showing positive signs and might rise further towards the $1,800 zone. Advertisements Ethereum gained pace and was able to clear the $1,660 resistance zone. The price is now trading above $1,660 and the 100 hourly simple moving average. There was a […]

Ethereum network’s validator numbers remained steady despite bear market. Decreased whale interest, network growth, velocity, and trader sentiment raised concerns. Validators on Ethereum [ETH] could play a significant role in the network’s future. New data on 6 February suggested that the number of new validators added to the network remained constant in 2022, even during […]

Advertisements Liquid staking protocol Lido unveils upgrade plans for V2, set to unlock stETH withdrawals and introduce Staking Router architecture. Liquid staking protocol Lido is set to roll out staking reward withdrawals and improved staking architecture with the announcement of the upcoming Lido V2 upgrade. Two major focal points of the planned upgrade include Lido’s […]

Ethereum corrected lower and tested $1,600 against the US Dollar. ETH is holding the $1,610 support and might attempt a fresh increase. Advertisements Ethereum corrected lower, but the bulls are active near the $1,600 zone. The price is now trading below $1,640 and the 100 hourly simple moving average. There is a major bearish trend […]