Ethereum Watch

Ethereum, the world’s largest altcoin, has seen unprecedented traction since its inception. Fair to say, the upcoming “Merge” has played a significant role in upping the associated interest in the crypto. ETH 2.0 is a multi-stage shift of the Ethereum network from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism. The transition would enhance […]

Advertisements Summary: Ethereum addresses holding one or more ETH has hit a new all-time high of 1.484 million. Deposits also continue to flow into the ETH 2.0 contract hitting a new all-time high of 12.785 million ETH. The on-chain metrics hint toward Ethereum investors playing the long game with ETH. Bitmex’s Arthur Hayes still believes […]

Advertisements The Ropsten beacon chain launched today, setting the stage for a merge. Ethereum beacon chain set to emerge with the Ropsten testnet on June 8. Ethereum’s move towards proof-of-stake looks all in order as investors anticipate the big transition. The Ethereum beacon chain is set to merge with the Ropsten testnet, one of Ethereum’s […]

Advertisements Quick take: Over 12 million Ethereum tokens have been pledged towards ETH 2.0 so far. Deposits from more than 73,000 addresses were recorded by Monday. The staking rate hit 10.72% over the weekend. More than 1/10 of ETH’s circulating supply is now locked up for The Merge. The switch from Proof-of-Work to Proof-of-Stake might […]

Advertisements Quick take: Over 34 million addresses that hold ETH are in loss positions. The second-largest crypto is down over 10% in the last week. Other altcoins across the market are also down as the markets hit a lull. Ethereum’s transition to PoS could still happen in August despite the reorg attack on the Beacon […]

Ethereum is down again! The largest altcoin has continued to disappoint investors as it is struggling to rise above the $2,000 price level. The Ethereum Foundation has already announced the final date for the Merge in August. But the current trajectory is a sore sight for the community as it stumbles on the price chart. […]

Advertisements The Prysmatic Labs team said the Merge might occur as early as August Preston Van Loon shared the news at this week’s Permissionless blockchain conference Vitalik Buterin made similar comments at the ETH Shanghai Summit Merging on the Ropsten testnet is also set for June 8 The Merge transitions Ethereum from a proof-of-work blockchain […]

Standard Chartered’s Head of Crypto Research believes Bitcoin and Ethereum will end 2022 on a high note. He remains positive that a bullish outcome is in store for the two cryptocurrencies, despite the recent blip in April. Advertisements Geoffrey Kendrick, Standard Chartered’s Head of Crypto Research, is the latest to share his verdict on the […]

Total market capitalization for cryptocurrencies dipped by 10% over the past week and 4.15% in 24 hours. Consequently,  ETH suffered the wrath of decline. Usually, FUD (Fear, Uncertainty, and Doubt) is a part of a rally. But, curiously, Ethereum witnessed FUD in its bear market this time.  Advertisements Well, ETH saw a 5% price correction […]

‘Eth2’ or now called ‘consensus layer’ had a speculative date for the launch. However, one Reddit member (u/superphiz) of the r/ethstaker community predicted that it would happen in June of this year. Advertisements It’s important to note that the Kiln testnet was the final public testing phase before the long-awaited Ethereum ‘Merge.’ Edging closer Now, […]