Ethereum Watch

Advertisements Ethereum’s 50-day MA and 200-day MA look set to form a death cross later this month The death cross might be postponed or averted completely by the launch of the London Upgrade Ethereum developer Tim Beiko, has proposed the London Upgrade to be activated on August 4th at block 12,965,000 Only time will tell […]

Advertisements The Polygon (MATIC) development team has opened discussions for the implementation of EIP-1559 on its network MATIC has a fixed supply therefore implementation of EIP-1559 would mean restructuring payouts The development team proposes the implementation of EIP-1559 on Polygon without burning the base fee They propose that the base fee be sent to the […]

Advertisements The CEO of Pantera Capital has pointed out that EIP1559 will make Ethereum a more deflationary asset than Bitcoin He believes Ethereum is undergoing a market re-rating for EIP 1559 and proof of stake The ratio of Ethereum’s market cap to Bitcoin’s has doubled in the last year Ethereum will keep gaining due to […]

Advertisements Ethereum active addresses have hit an all-time high of 771k This milestone eclipses previous all-time highs set in November 2020 and January 2018 Unique Ethereum addresses also continue to grow, hitting a new high of 148.8 million The increased network activity points towards a bullish future for Ethereum EIP1559 implementation is also around the […]

Advertisements Quick take: Ethereum’s EIP-1559 is scheduled for implementation this July during the London hardfork EIP-1559 includes the implementation of a BASEFEE that will be burnt with each transaction Burning of the BASEFEE makes Ethereum a deflationary asset EIP-1559 coupled with incoming $1,400 stimulus checks, could send Ethereum back above $2k Ethereum’s EIP-1559 is scheduled […]