Ethereum Watch

Advertisements Ethereum’s Galaxy Score was high, which was a typical bull signal. Whales continued to accumulate, and derivatives metrics were positive. Ethereum [ETH] has been sitting comfortably under the $1,900 mark, because of which investors have been bearing losses. In fact, the king of altcoins’ number of addresses in profit reached a one month low. […]

Advertisements Monthly trade volume for both assets stayed muted over much of Q2 and July thus far. BTC and ETH deposits to exchanges have been on a downward spiral for weeks. The ongoing quiet in the crypto market has put the spotlight back on one of the most-talked about topics in the sphere – volatility. […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The price action of Ethereum was at odds with a volume indicator. ETH bulls can wait for a retracement but must trade a breakout carefully. Bitcoin [BTC] saw its bullish momentum stall just […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The market structure was bearish and a downtrend was in progress. The selling pressure remained strong and a reversal was not yet in sight. A week ago on 7 June, Ethereum prices climbed […]

Advertisements Vitalik Buterin, in a recent post, stated how the reuse of validators for different purposes may compromise the security of the Ethereum network. ETH’s price and network usage didn’t react to Vitalik’s blog post. The consensus mechanism of the Ethereum network stands as one of the most robust and secure cryptoeconomic systems available. With […]

Advertisements Ethereum’s gas price reached a 10-month high. The ETH price was affected by the gains collected by meme traders. The reappearance of seemingly profitable memes has helped Ethereum [ETH] record a whooping 73% hike in gas fees. Throughout the week that ended on 22 April, several meme cryptocurrencies caught the attention of the crypto […]

Advertisements ETH holders started to sell their holdings despite incurring losses On-chain activity on the network declined due to high gas prices Following the Shapella Upgrade, the price of Ethereum [ETH] noted significant corrections. In fact, data from Santiment revealed that ETH holders have been impatient due to this and are opting to sell. Even if […]

Ethereum surpassed Cardano and Polkadot in developers’ count.  Traders are taking ETH positions before the Shapella update. Ahead of the 12 April completion of the Shanghai upgrade, Ethereum [ETH] has taken the mantle as the blockchain with the most active developers in the Layer one (L1) and Layer Two (L2) ecosystems. Advertisements Recall that projects […]

ETH bulls push past the $1800 and eye the $2,000 level in less than 4 weeks to the Shanghai upgrade. Low leverage underpins the current rally, lowering the risk of an extended downside. ETH bulls have finally summed up enough momentum to push out of its 6-month low range. Meanwhile, the Ethereum network just confirmed […]

The Goerli testnet witnessed a dip in participation rates. More than 15% of ETH’s total circulation supply was staked at press time. The highly-anticipated Shanghai upgrade also called Shapella, that would enable the withdrawal of staked Ethereum [ETH] has finally got a mainnet launch date, as decided during the network’s All Core Developers Call. Advertisements Much […]