Ethereum Watch

Advertisements Ethereum has gained 60% of its value year-to-date (YTD). Another CryptoVantage survey revealed that 46% of its respondents think Ethereum will surpass Bitcoin. Ethereum’s [ETH] outlook for the next 12 months and the long term is positive, as per a recent report published by Fidelity Digital Assets. The firm is bullish on the premier […]

In the latest development surrounding Binance, the world’s largest cryptocurrency exchange, the company has officially canceled its registration in the United Kingdom. The UK Financial Conduct Authority (FCA) approved Binance’s request to deregister Binance Markets Limited (BML) (BML) on May 30, 2023, effectively ending its authorization to provide regulated services in the country. Advertisements While […]

On-chain data shows Ethereum has observed massive inflows of $505 million into Binance during the past day, a sign that selling may be going on. Advertisements Ethereum Exchange Inflows Have Shot Up During The Past Day According to data from the on-chain analytics firm Santiment, this increase in the supply on exchanges is the largest […]

Binance Pool added Ravencoin [RVN] to its list of supported tokens, as per the latest announcement made on 23 November. Binance Pool will be charging 1% fees for its RVN pool. Advertisements It was only in October that the cryptocurrency exchange launched a funding pool worth $500 million. This was to lend to distressed mining […]

Binance’s CEO shared a solution to help avoid exchanges using customer funds as presented by Vitalik Buterin BNB continues to prevail in static positions, according to its on-chain information The CEO of Binance, CZ, agreed with Vitalik Buterin that Centralized Exchanges (CEXes) needed to produce public evidence showing user safety. Of course, CZ had initially […]

Advertisements Summary: Uniswap’s trading volumes for Ether skyrocketed to $1.21 billion, beating centralized exchange Binance. $31 billion worth of transactions happened at decentralized exchange venues over the past week. “Not your keys, not your coins” crypto participants echo as FTX’s crash unravels further. Decentralized cryptocurrency exchange Uniswap facilitated over $1.21 billion in Ethereum transactions as […]

Ethereum sharks and whales ramped up coin accumulation as the market attempted recovery Despite the freefall in the alt’s price, holders remain positive Before Binance confirmed withdrawing its offer to acquire embattled cryptocurrency exchange FTX, Ethereum [ETH] attempted recovery on the charts. During the intraday trading session on 9 November, data from Santiment revealed a […]

Advertisements Summary: Major crypto exchanges like Binance, Coinbase, and FTX released their operational plans for the merge. While some plans differ, most platforms intend to support Ethereum’s switch from proof-of-work to proof-of-stake. The merge is less than 24 hours away at press time. Developers expect the Paris update to go live and signal the full […]

Advertisements Summary: A digital wallet belonging to Axie Infinity CEO allegedly moved $3 million worth of AXS to Binance before the announcement of the $600 million exploit on the Ronin Bridge. Crypto Youtuber, Asobs, was the first to spot the significant AXS transaction from the wallet. Sky Mavis’ spokesperson has explained that the AXS was […]

Advertisements Summary: Coinbase Wallet has integrated swaps on the BNB Chain and Avalanche in addition to Ethereum and Polygon. With an in-app Decentralized Exchange, Coinbase Wallet simplifies the process of swaps and will integrate other networks in the months to come. The team at Coinbase has announced that the platform’s wallet has integrated swaps on […]