Ethereum Watch

Advertisements There are currently 38 projects deployed on the Ethereum layer-2 network. More are expected as attention shifts to scalability. Automated market maker and decentralized finance (DeFi) protocol Balancer has officially deployed on Optimism, the highly touted Ethereum layer-2 scaling solution, in a move designed to enhance user functionality by increasing scalability and reducing fees.  […]

Ethererum‘s much-anticipated “Merge” seem to be closer than ever. DeFi investors are hoping that Ethereum’s ‘Merge’ will pull the crypto market out of its current bear market. Advertisements All roads lead to ‘YOU’ The second-largest cryptocurrency has significantly suffered in 2022. Data from DeFiLlama shows, that the total value of assets locked in the space […]

Ethereum gained bearish momentum after it broke the $1,920 support against the US Dollar. ETH might extend losses if it breaks the $1,760 support. Advertisements Ethereum started a fresh decline after it broke the $1,920 support. The price is now trading below $1,900 and the 100 hourly simple moving average. There was a break below […]

Advertisements Summary: The New York Department of Justice has announced that it will be charging a former OpenSea employee for alleged insider trading of NFTs. The former employee was arrested and will be presented in the United States District Court for the Southern District of New York. The charges cite that the Opensea employee used […]

Advertisements Ethereum layer 2 solution Optimism has finally launched its OP token The token was airdropped to 2,49,000 registered Ethereum wallets.  Optimism, which is a layer two scaling solution of Ethereum, has finally airdropped its widely anticipated OP governance token to its registered users.  The details concerning the token airdrop event were first unveiled in […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements Ethereum [ETH] left its investors quite disgruntled after its inability to break the chains of its daily 20 EMA (red) for two months now. The ripples of the recent Bitcoin rally aided ETH’s falling […]

A very expected launch went live as the governance token OP was airdropped by the Ethereum layer-2 scaling solution Optimism. Advertisements Why So Optimistic? In a mission to fund public goods and create a sustainable future for Ethereum, the Optimism Collective firmly believes that “positive impact to the collective should be rewarded with profit to […]

The road to recovery is not always an easy path, and recovery amidst a volatile cryptocurrency market is not easy, especially when the cryptocurrency is Ethereum, the king of altcoins. Advertisements But as it turns out to be, a very good recovery might as well be on the charts for the altcoin given its current […]

Advertisements The Ropsten beacon chain launched today, setting the stage for a merge. Ethereum beacon chain set to emerge with the Ropsten testnet on June 8. Ethereum’s move towards proof-of-stake looks all in order as investors anticipate the big transition. The Ethereum beacon chain is set to merge with the Ropsten testnet, one of Ethereum’s […]

Two Ethereum killers are on the brink of price rallies; they include Avalanche (AVAX) and Solana (SOL). Advertisements Pentoshi’s Stand On Solana And Avax Pentoshi, a pseudonymous crypto pundit and analyst, took to Twitter to say that he presumes Solana (SOL) is about to change momentum towards a bullish one. Related Reading | Negative Sentiment Deepens […]