Ethereum Watch

The hype around the Ethereum network had built up following the announcement that the Merge was scheduled to take place on September 15th if everything went according to plan. The price of ETH had seen a massive run-up off the back of the news, seeing it touch above $2,000, albeit briefly. However, as the weeks […]

Ethereum is well on its way to the Merge as more milestones are met. The move to proof of stake will no doubt be a game-changer for the blockchain. So As the day for the merge draws closer, users of the network have been upping their activity in recent times. One of the places where […]

Advertisements In brief: A community member of the r/ethstaker Reddit community has predicted that Ethereum’s merge could happen in June of this year The prediction outlined five reasons as to why June was a plausible timeframe for the merge between the current Ethereum mainnet using Proof-of-work, with the Beacon chain that uses Proof-of-Stake The highly […]

Where’s the best place to buy ETH? Advertisements There are many centralized exchanges that support Ethereum. If you live in the US, the most popular exchanges are Coinbase, Gemeni and Kraken. Coinbase users can use Coinbase Pro for lower fees. When is Eth2 launching? Eth2 is a marketing term used to represent a number of […]

Advertisements In brief: The daily trade volume of the CME Ethereum futures hits $75.8M 9 days after launch Open interest on the CME Ethereum futures has hit $62M These numbers point towards institutional demand for Ethereum trading products Grayscale has accumulated 194,522 ETH in the last 30 days further confirming institutional demand It has been […]

Advertisements Quick take: The amount of Ethereum held by the top 10 ETH whales has dropped from 16.4% of the total supply to 4.5% in one month This is a case of redistribution as more ETH addresses are created Whales transferring their ETH to ETH2.0 explains the redistribution further Ethereum is once again battling to […]

Advertisements Quick take: The number of Ethereum addresses holding one or more ETH has hit a new all-time high of 1,174,377 The increase is due to the progress of ETH2.0 and the potential of staking Ethereum The popularity of DeFi is also behind the increment of addresses holding at least one ETH The value of […]

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 Ethereum Foundation is calling on developers to help build the ETH2.0 Ecosystem This will be in the form of community grants ETH2.0 mainnet deposit address is live with Phase 0 staking currently at 13.61% Mid-last week, the Ethereum Foundation announced that it was launching a Community grants program geared towards building […]

Advertisements Summary: Popular Bitfinex Whale, @Joe007, has compared ETH2.0 to a marketing ploy luring greedy Ethereum plebs. According to him, staking will trap their ETH forever while insiders unload their riches of ETH1.0. Additionally, the concept of Ethereum staking is just like any other ETH scam. Popular Bitfinex Whale, @Joe007, has compared staking on the […]