Ethereum Watch

Lido’s Staked Ethereum (stETH) market cap reached an all-time high of over $12 billion. Advertisements According to BeinCrypto data, Lido stETH is now the eighth largest digital asset by market cap — ahead of top cryptocurrencies like Dogecoin, Solana, and Polygon. Lido Staked Ethereum (Source: BeInCrypto) The Cryptocurrency’s market cap first topped 12 billion on […]

On the back of soaring NFT activity, Ethereum tests $1,700. On-chain metrics show the recent ETH price downswing could dip further in March 2023. Advertisements Ethereum (ETH) was lauded after EIP-1559 successfully passed, enabling a mechanism for network transaction gas fees paid to be burned. It marked the start of the disinflationary era for the […]

The Ethereum (ETH) price is trading slightly above a crucial resistance level at $1,664. Reclaiming it would be a positive signal for the future price. Advertisements ETH is the native token of the Ethereum blockchain, created by Vitalik Buterin. After the release of Ethereum 2.0, it moved to a proof-of-stake (PoS) consensus mechanism. Ethereum developers launched […]

Liquid staking platforms and their associated tokens are seeing a resurgence this week. Industry leader Lido is leading the pack as its LDO token skyrockets. Advertisements The newest narrative in the crypto ecosystem is liquid staking derivatives. They offer a more flexible way to stake and earn without locking up crypto collateral. Momentum for such […]

Layer 2 activity is ramping up and has surpassed Layer 1 Ethereum for some metrics, including transactions per second. Advertisements Aggregate transactions per second (TPS) are higher on Layer 2 networks than on Ethereum. However, this does not equate to overall activity on those respective networks. According to Etherscan, there were 992,470 transactions on Ethereum […]

We’re now closing in on three months since the mid-September Ethereum merge. And in short, traders don’t know what to make of the second largest crypto asset by market cap. Advertisements On one hand, Ethereum is seeing promising signs with key whale accumulation. But on the other hand, actual on-chain activity and utility continues looking […]

The ETH price rebounded following Ethereum staking withdrawals entering the testnet stage. The full launch will come in the Shanghai upgrade. Advertisements The ETH price is beginning to see some upwards momentum, jumping by 10% to over $1,200 in the last 24 hours. The likely reason for the rebound is the fact that the staking […]

More than a million ETH has left centralized exchanges over the past week. The Ethereum exodus comes in the wake of the FTX collapse as holders grow wary of centralized exchanges. Advertisements According to Glassnode, 1.1 million ETH has been withdrawn from centralized exchanges over the past week. It is the largest 30-day Ethereum balance […]

Over 380,000 crypto market traders have been liquidated in the past 24 hours, resulting in over $875 million in positions closed. Both Bitcoin and Ethereum experienced double-digit drops. Advertisements The crypto market has taken suffered massive bleeding in the past 24 hours. The global market cap tanked by 6.8% to $950 billion. Over $875 million […]

Ethereum Price Prediction: Ethereum (ETH) is expected to drop to $675 this year. But, don’t cry yet. It is also predicted to recover at the end the year to $1,711. Advertisements These predictions are according to Finder.com’s latest Ethereum Price Predictions Report. If you do hold Ethereum, Finder says you should be prepared for a […]