Ethereum Watch

Ethereum rose to $1,700 on February 17. Whale and shark address holding have not slowed down their accumulation. The price of Ethereum [ETH] reached $1,700 on 17 February after five months. Is this ascent an indicator of things to come? Or will the whale accumulation result in dumping before the Shanghai upgrade? Advertisements Read Ethereum’s […]

Ethereum led the market at press time, as it remained the largest L1 in terms of TVL and fees. ETH’s on-chain performance looked bullish. Ethereum [ETH] registered massive gains during this year’s bull market. However, since peaking on 7 February, ETH’s price dropped by 13%. At the time of writing, it was trading at $1,501.74, […]

Coinbase clarifies stance on staking, ETH faces uncertainty. Validators remain positive, however, traders remain pessimistic about the king altcoin. Coinbase, of late, has been found at the heart of the massive FUD surrounding the crypto market. The FUD was stirred due to SEC’s investigation into Coinbase’s rival firm, Kraken. Advertisements Now, after the Kraken incident […]

ETH bears are losing momentum after a strong pullback in the last few days. ETH exchange balances reach 4-year lows as outflows continue. Ethereum’s native cryptocurrency just concluded the week with a sizable bearish pullback. There is more directional uncertainty as a result, but multiple indicators and metrics may offer some much-needed clarity. Advertisements How […]

ETH tanked to a two-week low at press time. However, ETH’s staking activity was not massively impacted.  The crypto space felt the pinch of yet another U.S. Securities and Exchange Commission (SEC) ruling. According to a 10 February tweet by Wu Blockchain, Kraken, the second-largest exchange in the U.S., “immediately” ceased its crypto staking-as-a-service platform […]

Coinbase CEO’s tweet sparked speculation on SEC’s new crypto rulings. New regulations could impact the crypto industry and lead to problems. The crypto world has been buzzing for the last 24 hours, thanks to a tweet by Coinbase CEO Brian Armstrong. The speculation triggered by the tweet revolved around the potential impact of the SEC’s […]

Ethereum network’s validator numbers remained steady despite bear market. Decreased whale interest, network growth, velocity, and trader sentiment raised concerns. Validators on Ethereum [ETH] could play a significant role in the network’s future. New data on 6 February suggested that the number of new validators added to the network remained constant in 2022, even during […]

Public testnet launched before Shanghai upgrade activation. There was an increased interest from validators in the Ethereum ecosystem. The launch of Ethereum‘s Zhejiang testnet on 1 February marked an important milestone in the journey towards the Shanghai upgrade. Advertisements Zhejiang is different from previous Ethereum testnets as it is open to the public, allowing anyone […]

Ethereum’s price went up by over 40% since January. Network growth, however, declined. With a price increase of over 40%, Ethereum [ETH] had a successful January. Although short-term investors can consider this a success, would it be advantageous to hold the asset for the foreseeable future? Advertisements Read Ethereum’s [ETH] Price Prediction 2023-24 ETH sees a […]

Ethereum-based NFTs on OpenSea saw its highest monthly sales volume since August 2022. OpenSea saw increased activity in the last 30 days. With Blue Chip non-fungible tokens (NFTs) collections at the forefront, the year has so far seen a resurgence of interest in profile-picture (PFP) NFTs.  Advertisements Ethereum-based NFT sales have soared to a four-month […]