Ethereum Watch

Ethereum, the largest altcoin underwent the much-anticipated Merge that saw it transition into a Proof-of-Stake (PoS) consensus. Well, the mechanism has changed, but ETH continues to give mixed signals to traders. Advertisements Two sides of the same coin Despite being one of the most prominent blockchains, Ethereum’s biggest drawback was its extraordinarily high transaction costs. […]

According to Dune Analytics, Ethereum Name Service (ENS) has recorded a spike in registrations so far this month. Here, it’s worth pointing out that this uptick comes on the back of tremendous growth logged across the month of August. Advertisements August 2022 stats for ENS – 301K new .eth registrations (total 2.17m names)– $4.7m in […]

Ethereum’s [ETH] co-founder, Vitalik Buterin, recently commented about the king of altcoin’s next steps. While attending the 2022 Messari mainnet event virtually, Vitalik said that the surge was the next move after its successful translation to Proof-of-Stake (PoS). Advertisements Meanwhile, this was not the first time the crypto head mentioned the surge. On the day […]

Ethereum [ETH], at the time of writing, was exchanging hands at $1,341. As of 22 September, the alt concluded a 30% retracement from its September high of $1,789. A far cry from what many investors expected from its most important month of the year. On the bright side, the alt was trading at a steeper […]

Ethereum [ETH], the largest altcoin witnessed a major rejection near the $1,420 mark as of 22 September. ETH went down by over 20% in a week despite the Merge hype. There further remained a risk of a drop below the $1,220 support. Various narratives such as “sell the news” began surfacing soon after the Merge […]

Ethereum, the largest altcoin is down by 25% over the past seven days. Clearly, the much-hyped Merge narratives failed to work their ‘expected’ charm. Despite the fundamental change in its emission dynamics, the event resulted in a “sell the news” development in the price. Advertisements Now, the question is- From institutional backlash to retail, could […]

ETHPoW, in contrast to its recent development, rallied 44.85% from its value on 19 September. According to CoinMarketCap, the cryptocurrency went from $0.480 to trade at $6.73 at press time. Advertisements For its investors, this could be a sigh of relief since the breakdown of servers led to a massive loss in value in one […]

Despite being the most significant event in the history of its chain, the Ethereum merge has since failed to influence a positive price reaction for the leading altcoin, Ether [ETH].  Advertisements According to data from CoinMarketCap, moments after the merge, the price of ETH rose to a high of $1634, after which it declined steadily. […]

Prior to the Ethereum mainnet Merge, the majority of all Ether (ETH) staked ahead of the transition of the Ethereum network to a proof-of-consensus mechanism was done on Lido Finance.  Advertisements Interestingly, data from Dune Analytics revealed that at press time, with 4,170,811 ETH staked with the liquid staking platform, it still holds over 30% […]

The Merge has been a success for Ethereum [ETH]. Wait… but that’s not it as ETH has continued to dip despite this release. Advertisements The continued fall of the token has attracted the attention of analysts across the crypto industry to give their two cents on the matter. Galaxy Digital based researcher Christine Kim has […]