Ethereum Watch

Advertisements As the Ethereum blockchain edges closer to its proof-of-stake transition, the network has merged with the Beacon chain on the Kiln testnet. The news marks the final step before the blockchain deploys the upgrade and moves away from leveraging a proof-of-work consensus mechanism. Advertisements Ethereum blockchain engineer Tim Beiko revealed that the network deployed […]

Advertisements “Post-merge blocks are being produced by validators, and they contain transactions!” said Ethereum developer Tim Beiko. On Tuesday, Ethereum (ETH) developer Tim Beiko tweeted that Kiln successfully passed the Ethereum Merge, with validators producing post-merge blocks containing transactions. Kiln will be the last Merge testnet (formerly Ethereum 2.0) before existing public testnets are upgraded. […]

In 2022, ethereum has been in a bearish trend. It has dropped 40% year to date, far more than the average cryptocurrency. ETH has a long history of being one of the best-performing cryptocurrencies. Advertisements Since its introduction in 2016, it has largely outperformed Bitcoin, resulting in a narrowing of the market capitalization gap between […]

Advertisements Quick take: Yuga Labs is planning virtual land sales this month and later in August The goal is to raise hundreds of millions of dollars as part of its metaverse initiative to expand beyond NFTs Yuga Labs aims to create a gaming metaverse, named MetaRPG MetaRPG will be compatible with other NFTs and powered […]

Advertisements Quick take: Polygon Studios has welcomed new hires from the web2 companies of Amazon, Google, Youtube, Electronic Arts, Penske Media and Mythical Games The move is part of plans by Polygon Studios to strengthen its gaming initiative Polygon Studios, the developer relationship arm of Polygon Technologies, has announced new hires to spearhead its growth […]

One of the biggest Ethereum competitors faced network-wide issues, potentially tied to a previous update on the network. This, directly and indirectly affected the native token’s price as per CoinMarketCap. Advertisements Didn’t go down well Binance, the world’s biggest crypto exchange by trading volume announced the temporary stoppage of all Polygon-related deposits and withdrawals as […]

Advertisements Quick take: SHIB is the third most held token on the Ethereum network after ETH and FTT Shiba Inu is also the 10th most bought token on the Ethereum network in the last 7 days An ETH whale recently bought $1 million worth of Shiba Inu (SHIB) Accumulation and holding could be a result […]

Advertisements The Kiln testnet is the final public testing phase before the long-awaited Ethereum ‘Merge’ and the end of proof-of-work consensus. The much-anticipated ‘Merge’ on the Ethereum network is another step closer to becoming a reality after the final public testnet Kiln launched to put it through its paces. On Monday, the Ethereum Foundation urged […]

Advertisements Traders who believe ETH will recover but unlikely surpass $3,800 ahead of May can benefit from the skewed iron condor strategy. Being bullish on Ether (ETH) over the past four months did not pay off as its price dropped 44% from $4,600. The decentralized finance (DeFi) applications growth that fueled the rally faded away, […]

Ethereum continues to struggle after falling below $3,000. This price point was critical for bulls to hold and ever since bears dragged the price below it, it has been a continuous display of dips and crashes. For a cryptocurrency like Ethereum, there are resistance and support levels that are very important for the digital asset. […]