Ethereum Watch

Advertisements Quick take: ETH held by the top 100 Ethereum whale exchange addresses has dropped to levels last seen 27 months ago The drop is inversely correlated with the price of Ethereum The number of Ethereum addresses holding 10k ETH or more has continued to increase Ethereum could be eyeing $2k very soon The amount […]

Advertisements Summary: ETH and Stablecoins running on Ethereum settled over $1.6 Trillion in 2020 The three major stablecoins driving transaction volume on Ethereum are Tether (USDT), USDC and DAI Stablecoins are a bridge between traditional finance and crypto markets ETH, together with stablecoins running on the Ethereum network settled over $1.6 Trillion in transactions last […]

Advertisements Quick take:  The value of Ethereum staked on the ETH2.0 deposit contract has hit $1B in value There is 1.54 Million Ethereum staked on ETH2.0  Ethereum deposits to the contract seem to be entering a plateau phase If ETH2.0 was ranked as a DeFi project, it would be in the top 10 in terms […]

Advertisements Quick take: The number of non-zero addresses on both the Ethereum and Bitcoin network is continually increasing Both have hit an all-time high of 50.651M for ETH and 32.925M for Bitcoin Such activity on both networks is a clear sign of investor interest as well as the adoption of each digital asset Price appreciation […]

Advertisements Quick take: According to crypto analyst MagicPoopCannon, Ethereum could be on a path to test $750 If $750 is broken, Ethereum could very well push higher to $830 His analysis is based on Ethereum moving within a parallel channel since February this year Ethereum will continue facing pullbacks but a retest of its all-time […]

Advertisements Quick take: Ethereum investors continue sending ETH to the ETH2.0  staking contract This is despite the minimum threshold of 524,288 ETH been met 775,232 ETH is currently locked in the contract which is 148% of the required amount According to Weiss Ratings, the high deposits means everyone wants to get onboard Continual deposits is […]

Advertisements Quick take: The percentage of Ethereum being held on crypto exchange is at 13.35% of the total supply in circulation This value is the lowest since November 23rd, 2018 DeFi and preparation for ETH2.0 staking could be two reasons why this is so It could also indicate that whales are least likely to dump […]

Advertisements Quick take: Bitfinex’s CTO has suggested that crypto exchanges should run their own Ethereum nodes His comments were a recommendation after Ethereum’s infrastructure provider, Infura, went offline Crypto exchanges were temporarily forced to suspend ETH and ERC20 token withdrawals after a chain split occurred The root cause of the Ethereum chain split has been […]

Advertisements In brief: The ETH holdings of the top 10 Ethereum whales has dropped to a 3 month low The drop could signify selling but could also be a case of adoption through numerous DApps At the same time, the number of addresses holding 100+ Ethereum has reached an all-time high Additionally, those holding 32+ […]

Advertisements Summary: ETH2.0 Phase 0 will be launched on the 1st of December v1.0 of ETH2.0’s specifications are available online The mainnet deposit contract address is live A minimum of 16,384 32 ETH validator deposits are required 7 days prior to December 7 to trigger the genesis event of ETH2.0 The team behind the development […]