Ethereum Watch

Ethereum, the world’s largest altcoin, has seen unprecedented traction since its inception. Fair to say, the upcoming “Merge” has played a significant role in upping the associated interest in the crypto. ETH 2.0 is a multi-stage shift of the Ethereum network from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism. The transition would enhance […]

Ethereum core developer Tim Beiko, on 30 May, confirmed the much-anticipated Ropsten testnet trial of the Merge ‘around June 8 or so.’ Thereby, aiding the largest altcoin shifting from proof-of-work to proof-of-stake consensus. Advertisements Interestingly, Ether’s price action relatively unchanged despite the unexpected bullish announcement. Nonetheless, Holders have continued their march through heavy turbulence. Keep it […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements Ethereum [ETH] left its investors quite disgruntled after its inability to break the chains of its daily 20 EMA (red) for two months now. The ripples of the recent Bitcoin rally aided ETH’s falling […]

Ethereum seems to be running low on gas as it edges towards capitulation. Recent weeks have been nothing but a stain on the vision endorsed by Buterin and his team. The altcoin king dropped to a 14-month low over the weekend as it continues to struggle. Advertisements “Far from home” The Ethereum community was perplexed […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements Bitcoin continued to trade within a range from $28.7k to $30.6k, while much of the rest of the altcoin market was in a downtrend. Ethereum managed to stave the bears off in the […]

Ethereum, known as the altcoin king, is supposed to lead the altcoins for good. However, the case has not been the same for the last few weeks since Ethereum became a victim of the bear attack. It has been struggling to get off the ground it fell during the May crash. Advertisements Ethereum can’t find […]

Coin flows can tell us a lot about the movements of coins and tokens through the crypto market, as well as investors’ reactions to the market. However, does the latest data match what’s really going on at the exchanges? Advertisements Let me ETH a look at this Glassnode’s weekly coin flows update revealed that Bitcoin […]

ETH is back on track after recording a 4% bull run in the last 24 hours. After a difficult series of weeks, ETH developers have finally released a bit of good news. A core developer posted a tweet signaling the release of the testnet on 8 June. Advertisements The Ethereum community seems to have a […]

Bitcoin and Ethereum miners, both have made a significant chuck in revenues over the years as demand skyrocketed. However, 2022 might come as a surprise especially for the largest cryptocurrency. January proved to be a tough month for Bitcoin miners. Miners generated approximately $1.2 billion in revenue during the first month of 2022. Advertisements While […]

Despite APE’s recent setback and a massive price correction, dominant buyers continue to show faith in the token. What’s going on here? Advertisements ApeCoin crashed from $24.86 to $16.73 following Saturday’s Otherside sale. One of the reasons could be the congestion caused on the Ethereum blockchain through the minting of Otherdeed NFTs. This resulted in […]