Ethereum Watch

Ethereum-based decentralized finance (DeFi) protocol dYdX is closing operations in Canada. According to an official announcement, users in this country will be unable to open new accounts starting today, April 7th, at 17:00 UTC. Advertisements As a result of the announcement and following today’s trend in the crypto market, dYdX’s native token experienced a spike […]

ETH’s upcoming Shanghai upgrade encourages more block trades ETH can robust demand but sell pressure and high leverage may undermine its $2000-target Ethereum’s blockchain has reportedly seen a noteworthy surge in large trades over the last 2 weeks. The kind of trades that are usually associated with more market confidence. Advertisements Is your portfolio green? […]

The two largest cryptocurrencies by market capitalization, Bitcoin and Ethereum, are slowing down after weeks of trending to the upside. The market seems on the verge of a major move as prices consolidate and move sideways, but what can operate as a catalyzed? Advertisements As of this writing, Bitcoin trades at $28,000 with a minor […]

Q1 ETH holders reap rewards, courtesy of the overall bullish outcome thanks to more market confidence. ETH whales show mixed signals which coincided with the prevailing directional uncertainty. Ethereum’s native cryptocurrency ETH failed to reclaim the $2,000 price level in Q1 2023 despite high expectations. However, it performed quite well during the first three months […]

The first quarter of the new year brought a stop to the heartbreak investors repeatedly experienced in 2022. But the balance in the crypto market has been nothing close to the AI hype of the same period. And the sole reason? ChatGPT! Yes, the natural language processing tool has accustomed itself to providing human-like conversations. […]

The Ethereum blockchain would expand to a three-layer client. Latency and data efficiency remained a problem. Ethereum [ETH], plagued by transaction delays and network congestion a few years back, has been on top of solving these challenges, thanks to the plethora of scaling solutions. The last of these is the zero-knowledge integration with the Ethereum […]

Ethereum surpassed Cardano and Polkadot in developers’ count.  Traders are taking ETH positions before the Shapella update. Ahead of the 12 April completion of the Shanghai upgrade, Ethereum [ETH] has taken the mantle as the blockchain with the most active developers in the Layer one (L1) and Layer Two (L2) ecosystems. Advertisements Recall that projects […]

The second biggest cryptocurrency, Ethereum, has been generating buzz in the past few days as the market rebounded. At the time of writing, the global cryptocurrency market is up 2%, according to CoinGecko’s latest data. This has presented a bullish signal for investors, which is certainly the reason for Ethereum’s recent price ascent. Advertisements The […]

ETH supply continued to decline at a fast pace. The number of new ETH 2.0 deposits has not reached January and February highs. With about two weeks left until the Shanghai-Capella hard fork, Ethereum’s [ETH] supply has continued to diminish. According to Delphi Digital, the altcoin’s supply has fallen off by 70,000 ETH since it […]

After several postponements, a date has finally been set for the Ethereum Shanghai upgrade, which will allow for the withdrawal of staked ETH on several platforms. According to the Ethereum Foundation’s latest note, the Shanghai upgrade is set to be activated by 6:30 pm UTC on April 12, 2023. Advertisements This latest update on the […]