Ethereum Watch

Ethereum developers have successfully merged the veteran Ropsten testnet with its beacon chain. This marks one of the last steps before the ultimate penultimate mainnet transition scheduled for August. In other news, whale activity is signaling a price reversal for Ethereum investors. Advertisements Coming soon… Prominent Ethereum whisperer Paritosh updated on the Ropsten merge on […]

Advertisements ETH price could drop by another 25% this month, a mix of technical and fundamental indicators suggest. Ethereum’s native token Ether (ETH) resumed its decline against Bitcoin (BTC) two days after a successful rehearsal of its proof-of-stake (PoS) algorithm on its longest-running testnet “Ropsten.” The ETH/BTC fell by 2.5% to 0.0586 on June 10. […]

Advertisements A founding member of Ethereum has claimed that Bitcoin uses nearly 1% of the world’s electricity, but different sources put it substantially lower. The ever-raging debate around Bitcoin’s energy consumption has been re-ignited, with founding member of Ethereum Anthony Donofrio claiming that Bitcoin is using “way too much” energy.  According to figures from Digiconomist, […]

Ethereum is still above the $1,720 support against the US Dollar. ETH must clear $1,820 and $1,850 to start a steady increase in the near term. Advertisements Ethereum is still above the main $1,720 support zone. The price is now trading below $1,800 and the 100 hourly simple moving average. There is a crucial bearish […]

On 2 May, ApeCoin DAO, a governance system that protects ApeCoin holders’ democratic rights — a digital asset linked to the Bored Ape Yacht Club ecosystem — published an official proposal. It discussed whether the asset should stay on Ethereum, migrate to a layer-2 alternative, or consider chain migration. Advertisements The final findings suggest that […]

Advertisements Traders keep saying ETH price will collapse below $1,600 soon, but a key trading metric shows most are unwilling to place bearish bets below $1,900. Ether (ETH) is down 25% in just a month and even the recent upgrade to a proof-of-stake (PoS) consensus on the Ropsten testnet failed to move the altcoin’s price.  […]

Advertisements Key takeaways: ViacomCBS has partnered with RECUR to launch NFTs across its portfolio of consumer brands. ViacomCBS is the parent company of Nickelodeon, MTV, CBS, BET, Comedy Central, Paramount Pictures, and Showtime Networks Inc. Nickelodeon already has a Twitter page on NFTs. The NFTs will be launched in the spring of 2022, focusing on […]

Advertisements Summary: The Merge on the Ropston testnet on Wednesday was largely successful as the pace picks up for Ethereum 2.0. A few bugs remain with client pairs and validating block proposals, but ETH developers assured that fixes are on the way. Developers also asked the community to help spot and report any bugs. Goerli […]

Advertisements Liquid staking firms could default on their Ether obligations if The Merge does not happen. The next big crypto crash could be around the corner due to Lido Staked Ether (stETH), a liquid token from the Lido protocol that is supposed to be 100% pegged by Ethereum’s native token, Ether (ETH). Notably, the stETH […]

Ethereum is showing positive signs above $1,720 against the US Dollar. ETH could start a strong increase if there is a clear move above the $1,850 resistance. Advertisements Ethereum remained well supported above the $1,720 support zone. The price is now trading below $1,820 and the 100 hourly simple moving average. There is a major […]