Ethereum Watch

Advertisements Ethereum has completed the second testnet upgrade. ETH concluded the month with a decline. Ethereum [ETH] is nearing the implementation of the Dencun upgrade on its mainnet, having recently activated the upgrade on another of its testnets. Despite the coming upgrade, the network still holds the majority share of the Total Value Locked (TVL). […]

Advertisements The Ethereum network saw a 28% jump in the creation of daily addresses.  The increase in spot prices failed to move the derivatives market. Ethereum [ETH] has recovered well since its precipitous fall on the 22nd of January, which saw the second-largest asset lose 10% of its value. The second-largest asset clocked a steady […]

Advertisements The trading volume of Solana’s DEX, Jupiter, surpassed Uniswap in the past 24 hours. The SOL market remained plagued by bearish sentiments as the price moved sideways.  Solana [SOL]-based decentralized exchange (DEX) Jupiter saw its trading volume climb significantly in the last 24 hours, surpassing Ethereum [ETH]-based Uniswap [UNI], according to data from CoinGecko. […]

Advertisements Ethereum’s staking market cap surged to $65.45 billion. ETH’s liquid supply has been going downhill over the last two years. Ethereum [ETH] staking showed no signs of saturation as the total supply locked in ETH’s deposit contract surged to a fresh all-time high (ATH). ETH staking on a roll According to AMBCrypto’s analysis of […]

Advertisements Ethereum has a bullish structure on the weekly chart. The two key range resistance levels overhead line up well with the liquidation heatmap. Ethereum [ETH] bulls took over a month to breach the resistance at the $2.4k mark. The Bitcoin [BTC] spot ETF approval news took Ethereum to the local high at $2.7k, but […]

Advertisements Celsius moved $1 billion worth of ETH. ETH ETF approval got delayed, but price of ETH remain unaffected. The now-inoperative crypto lending platform Celsius made significant transfers of Ethereum [ETH] to centralized exchanges over the last few days. The latest transaction involved a substantial 459,561 ETH, valued at around $1 billion at press time. […]

Advertisements Celsius made massive ETH transactions in the wake of its bankruptcy proceedings. Gas usage on the network declined, however, NFT activity remained high. The most recent data insights from on-chain analytics provider LookonChain revealed massive transactions within the Celsius wallet over the past 10 hours. Specifically, a deposit of 13,000 Ethereum [ETH], valued at […]

An Ethereum (ETH) whale has recently executed a series of transactions, carrying out a considerable movement of funds across various platforms. The blockchain analytics platform Spot On Chain initially brought to light this activity, involving roughly $46.02 million in ETH tokens. Advertisements Deciphering The Whale’s $46M ETH Transfer Across Major Platforms The whale, operating through […]

Advertisements Since ETFs were approved, the Ethereum Coinbase Premium Gap has declined. The coin’s price remained prone to swings despite the decrease in volatility. Ethereum’s [ETH] Coinbase Premium Gap has shrunk since the launch of Bitcoin [BTC] spot exchange-traded fund (ETF) on the 10th of January, data from CryptoQuant revealed.  This metric tracks the difference […]

Advertisements Before the BTC spot ETF approval, the active validator count on Ethereum fell.  The network’s participation rate, which dropped before the ETF approval, has climbed. The number of active validators on the Ethereum [ETH] Proof-of-Stake (PoS) network has seen a sharp uptick in the past week. This is after a period of decline before […]