Ethereum Watch

Advertisements Summary: The Ethereum network has seen a rise in daily active addresses Such an increment in network activity points towards Ethereum retesting $2k Ethereum balances on crypto exchanges continue to decrease Ethereum is probably being diverted to DeFi, NFTs, Cold Storage and ETH 2.0 Staking Only a weak Bitcoin will delay Ethereum from retesting […]

Advertisements Ether miners coming out in force against the Ethereum Improvement Proposal that can slash the reward ratio by over 50%. The EIP-1559 is a network upgrade that seeks to send a small fraction of the fee associated with all ETH transactions directly to the network. The tokens will be subsequently burned, thereby reducing the […]

Ethereum is started a major decline from well above $1,850 against the US Dollar. ETH price is trading near the key $1,700 support, below which it could decline heavily. Advertisements Ethereum declined further below the $1,800 and $1,750 support levels. The price is now trading well below $1,800 and the 100 hourly simple moving average. […]

Advertisements Gas tokens quietly move higher as the cost of transacting on the Ethereum network highlights the benefits of dual-token models with stable fees. Network congestion and high transaction costs on the Ethereum (ETH) network have been a persistent issue for investors and developers for the past year and this has shone a spotlight on […]

Advertisements The price of Ether saw gains in its BTC pair on Monday as Bitcoin price dropped below $60,000. Bitcoin’s (BTC) price made another new all-time high above $60,000 over the weekend. However, the same cannot be said for Ether (ETH), and the market in general didn’t show much strength thereafter for a continuation. As a […]

Key Takeaways The round was led by CMS Holdings, Alameda Research, and eGirl Capital. Alchemix has stormed the DeFi space by offering loans that reimburse themselves. Alchemix builds on Yearn Finance vaults and uses their yield to reimburse the loans. Share this article Newcomer to the scene, Alchemix has already raised $4.9 million from some […]

Ethereum is trading nicely above the $1,850 support against the US Dollar. ETH price is likely to start a strong increase above $1,900 and it could even clear the $2,000 resistance. Advertisements Ethereum traded as high as $1,943 before correcting lower below $1,900. The price is now trading nicely above $1,850 and the 100 hourly […]

Advertisements A new Ethereum Improvement Proposal could offer a path to compromise between Ethereum’s miners and developers, but few in the community appear to support the EIP. A new Ethereum Improvement Proposal, or EIP, has emerged amid opposition from miners to scheduled changes to the network’s fee market. While some are looking to the proposal […]

Advertisements In summary: Ethereum 2.0 deposit contract now holds 3.493 Million ETH worth roughly $6.568 Billion The value of these deposits will continue to increase as Ethereum charts a course above $2k The Ethereum community is ready to transition into a Proof-of-Stake algorithm The amount of Ethereum deposited to the ETH 2.0 contract has hit […]

Advertisements Ethereum co-founder Vitalik Buterin is working to proactively solve a blockchain vulnerability. Ethereum developers recently proposed a network change called EIP-1559 — a proposal meant to combat the network’s rising transaction fees. Expected to take effect in July of this year, the move would send a part of every transaction fee to the Ethereum […]