Ethereum Watch

Advertisements Ethereum investors have resumed their pattern of moving ETH out of crypto exchanges The percent of Ethereum held on exchanges has dropped below 18%, its lowest since November 2018 and a 31 month low Roughly 971,616 Ethereum has left crypto exchanges in the last 30 days Over 6 million Ethereum worth $13 Billion is […]

Advertisements Binance Smart Chain and Polygon networks are continually eclipsing Ethereum in daily transaction count In mid-May, BSC had a peak daily transaction count of 12 million, Polygon had 9 million whereas Ethereum had roughly 1.75 million The majority of the daily transactions on these networks are happening through Dapps Binance Smart Chain and Polygon […]

Advertisements The monthly close is hours away and Ethereum is on track to end June with -21% in returns June 2021 has been the worst month for Ethereum since March 2020 after the Coronavirus crash However, Ethereum has had positive returns in nine of the last 12 months Quarterly returns in Q2 2021, are also […]

Advertisements Gas fees on the Ethereum network have dropped to levels last seen in December 2020 However, social sentiment towards Ethereum remains at historic lows Ethereum is once again trading above $2k with $2,400 to $2,500 a likely short-term target There is a death cross forming on the daily ETH/USDT chart Gas fees on the […]

Advertisements Ethereum could retest the $2,200 to $2,300 range with the new month of July Trader sentiment towards Ethereum remains negative and at its lowest since June 2018 There is a slight possibility of Ethereum dropping to the $1,200 to $1,400 range in the weeks ahead Ethereum (ETH) is once again attempting to reclaim the […]

Advertisements Ethereum has lost its $2k support zone hitting a local low of $1,700 today However, Ethereum’s top 10 non-exchange whale addresses keep holding Other Ethereum investors have sent $500M worth of ETH to crypto exchanges in the last week Ethereum looks set for its very own death cross in mid-July Yesterday, Ethereum lost its […]

Advertisements Digital Currency Group will purchase shares of the Grayscale Ethereum Classic trust worth $50 million Digital Currency Group is the parent company of Grayscale Investments The purchase will not be immediate and will depend on numerous factors Ethereum Classic’s value has been hit hard by the ongoing crypto market pullback led by Bitcoin dropping […]

Advertisements DeFi users have stuck with Polygon despite lower gas fees on Ethereum DeFi on polygon continues to experience record growth due to its affordability Total DeFi users on MATIC have exceeded 420k On June 15th, the total value locked on Polygon hit an all-time high of $11.85 Billion DeFi users that have interacted with Polygon […]

Advertisements Ethereum percent addresses still in profit has hit a 5-month low of 90.73% The number of Ethereum addresses in loss has also hit a 5-month high of 5.542 million Ethereum miner revenue has also reached a 3-month low of $1.121 Million 187k ETH has been sent to crypto exchanges in the last week and […]

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 […]