Ethereum Watch

Enjin Coin became part of the top token traded by Ethereum whales Going forward, ENJ might need better on-chain performance to stay relevant The entire crypto market felt the wrath of the bear market in the whole of 2022, and as expected, Enjin Coin [ENJ] was not left out of the aftereffect. Advertisements Enjin, which […]

ETH saw an increase in the demand for futures contracts, which may result in rising volatility this week Though the metrics were in favor of the bulls, ETH’s price saw a bearish shift Ethereum [ETH] dashed all hopes for a short-term rally as its performance last week was a disappointment. The king of altcoins dropped […]

Chiliz put up a deplorable performance despite anticipation for a rally in the wake of a global sports event In the forthcoming days, CHZ might not halt its downtrend Chiliz [CHZ], the Ethereum [ETH] token that powers Socio.com found favor with the latter’s whales, jumping into the top ten tokens purchased. Advertisements Whale tracking platform, […]

Ethereum OFAC-compliant blocks have dropped, according to recent data. Ethereum validators are also planning to employ an update that would see OFAC compliance reduced by 35%. After this year’s merge, Ethereum [ETH] changed from a Proof-of-Work (POW) to a Proof-of-Stake (POS) network. Because of the consolidation, validators are now responsible for protecting transactions and the […]

Ethereum would be introducing Proto Danksharding in the coming months. The amount of revenue generated by ETH validators decreased by 26% in the past month. The broader market has undoubtedly been reeling under the selling pressure. But, according to the roadmap presented by the Ethereum Foundation, the near future looks very interesting for the ETH […]

ETH sold at a five-week high of $1,335 on 13 November. Daily active addresses rallied to a year-high of 653,000. There was a decline in ETH’s network growth. Having traded momentarily at the $1,335 price mark, the leading altcoin Ethereum [ETH] hit a five-week high during the intraday trading session on 13 November.  Advertisements Read Ethereum’s […]

The aftereffect of Ethereum’s merge failed to yield a substantial effect on the ETH price. The funding rate flatlined as traders offered no push for increased volume. As the 15 September Ethereum [ETH] Merge approaches its three-month anniversary, traders still remain in hysteria over the impact the event has had.  Advertisements Recall that there was […]

Key sharks and whales have grown their ETH holdings in the last month. Even after a price decline, ETH sees fewer sell-offs. Despite the continued decline in  Ethereum’s [ETH] price due to the collapse of FTX, sharks, and whales (holders of 100 to one million ETH tokens) on the network exhibit no signs of slowing […]

Ethereum addresses holding more than 100 ETH increased in the past weeks Staking rewards and the current price of ETH might be a motivation for the increased accumulation The price of Ethereum [ETH] has fluctuated between extreme highs and lows during the last few months, making investors less eager to invest in the coin. Nevertheless, […]

AAVE witnesses renewed interest from whales However, lack of demand may dampen the state of AAVE in the long run  In the first half of November, AAVE crashed to sub-$60 price levels. Its performance last week indicated a low demand of enough bullish momentum for a sizable recovery. However, that observation might be about to […]