Ethereum Watch

Gas prices on the Ethereum network have been a bane to anyone using it over the past year or so. Prices surged to astronomical highs on several occasions during the 2021 bull market. In 2021, transaction fees on the ETH network spiked as much as 470% due to congestion on the network. Advertisements But, 2022 […]

It wasn’t a very happy start of the year for most bulls as the market resembled a slaughterhouse, and crash after crash affected investors’ spirits. Feelings might not seem important in the crypto-sector, but they can often point at changing fortunes. So, it’s time to take a look at the top two crypto-assets. Advertisements Sigmund […]

With the flurry of activity in the decentralized finance (DeFi) space, the number of Ethereum (ETH) contract calls continues to increase. Advertisements As numerous DeFi projects emerge weekly, dry-runs and tests on smart contracts are increasing as developers work out bugs. The Ethereum blockchain itself is also experiencing significant congestion leading to a massive hike […]

Advertisements Total fees collected on Ethereum have continued to trounce Bitcoin for the past 30 days. Ethereum fans argue that the evidence proves that demand for Bitcoin is waning. Demand on Ethereum is growing, and individuals are spending more in fees to use the network than ever before. According to data collected by glassnode, fees […]

Advertisements Ethereum team lead, Péter Szilágyi believes the latest increase in miner fees is a threat to the long-term health of the network. Miner fees for the second-largest blockchain by market cap are on the rise in the run-up to Ethereum 2.0. The long-awaited upgrade will see a fundamental shift from Proof-of-Work to the Proof-of-Stake […]

Advertisements Cryptocurrency exchanges continue to see significant Bitcoin (BTC) outflows since Black Thursday (mid-March 2020). Balances have reportedly declined by a staggering 12.7% year to date (YTD). This emerging trend of deposit displacement likely indicates a growing appreciation for Bitcoin as a haven asset. Meanwhile, the reverse is true for Ethereum as ETH deposits on […]