Ethereum Watch

Activity on DEXes on Ethereum increased over the last few years. Moreover, the number of validators on the Ethereum network grew. According to a tweet by Delphi Digital on 29 December, the DEX activity on Ethereum [ETH] surged significantly over the past year. One reason for the same could be the mistrust in CEXes caused […]

A decline in ETH’s Transaction Count metric suggests that it might touch $1000 in the coming year. On-chain assessment confirmed the prolonged decline in market activity.  With a consistent decline in new demand for leading altcoin Ethereum [ETH], its price might fall below the $1000 mark, CryptoQuant analyst Greatest Trader opined.  Advertisements Read Ethereum’s [ETH] Price […]

ETH’s price fared considerably better than other layer-1 altcoins this year. SOL suffered the most decline in value.  On a year-to-date basis, the price of leading altcoin Ethereum [ETH] fared better than other layer-1 altcoins (Alt L1s), including Solana [SOL], Near [NEAR], and Avalanche [AVAX], a new report revealed.  Advertisements The cryptocurrency market has experienced […]

ETC is at its lowest hashrate since the merge took place. ETC’s price has also declined by more than half since then. As miners undergo trying times on major Layer 1 blockchains, Ethereum Classic’s [ETC] hashrate clinched its lowest level since the merge, data from CoinWarz revealed.  Advertisements At a hash rate of 99.82 TH/s […]

New data suggests that the majority of Ethereum staked was handled by four providers Staking revenue declines however traders continue to show interest According to new data majority of all ETH staked was handled by four staking providers. This development could pose a threat to the decentralization of Ethereum. This data was shared by Delphi […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Advertisements The technical indicators shed no light on the way forward for Ethereum With lower liquidity in the market, quick moves to trigger a mass of stop-loss orders before a short-term reversal are possible […]

Enjin Coin became part of the top token traded by Ethereum whales Going forward, ENJ might need better on-chain performance to stay relevant The entire crypto market felt the wrath of the bear market in the whole of 2022, and as expected, Enjin Coin [ENJ] was not left out of the aftereffect. Advertisements Enjin, which […]

ETH saw an increase in the demand for futures contracts, which may result in rising volatility this week Though the metrics were in favor of the bulls, ETH’s price saw a bearish shift Ethereum [ETH] dashed all hopes for a short-term rally as its performance last week was a disappointment. The king of altcoins dropped […]

Ethereum’s upcoming technological update could have a positive impact on its validators. The king altcoin’s MVRV ratio and transaction count declined over the past few days. In the coming days, one of the key developments for the Ethereum network could be its DVT (Distributed Validator Technology). According to Messari’s new report, this update might help […]

Ethereum is to be removed from Paxful, according to the announcement from Paxful’s CEO. Critical metrics reveal that despite the removal, ETH remains largely unaffected. New information suggests that Ethereum (ETH) will be removed from a cryptocurrency trading platform. The Paxful CEO announced the removal of the second-largest cryptocurrency by market size on 21 December. […]