Ethereum Watch

Ethereum is about to undergo a major upgrade to release staked ETH from the Beacon Chain. This could be good news for liquid staking platforms such as Lido. Advertisements Ethereum staking has been hugely popular despite the crypto bear market. Furthermore, the amount of the asset staked continues to climb regardless of falling prices. This […]

Layer 2 activity is ramping up and has surpassed Layer 1 Ethereum for some metrics, including transactions per second. Advertisements Aggregate transactions per second (TPS) are higher on Layer 2 networks than on Ethereum. However, this does not equate to overall activity on those respective networks. According to Etherscan, there were 992,470 transactions on Ethereum […]

We’re now closing in on three months since the mid-September Ethereum merge. And in short, traders don’t know what to make of the second largest crypto asset by market cap. Advertisements On one hand, Ethereum is seeing promising signs with key whale accumulation. But on the other hand, actual on-chain activity and utility continues looking […]

Rising concerns began circulating on Nov. 26 regarding Wrapped Ethereum (WETH) becoming unpegged with ETH. Some speculated that WETH wasn’t backed 1:1 by ETH, which gave rise to insolvency fears. Ethereum developers and influencers stepped in to conclude the situation, calling it FUD. Advertisements Recent price corrections triggered by the collapse of FTX exacerbated fears […]

The ETH price rebounded following Ethereum staking withdrawals entering the testnet stage. The full launch will come in the Shanghai upgrade. Advertisements The ETH price is beginning to see some upwards momentum, jumping by 10% to over $1,200 in the last 24 hours. The likely reason for the rebound is the fact that the staking […]

The Bitcoin (BTC), Ethereum (ETH), and XRP price have all broken down from critical horizontal support levels. The trend is considered bearish until these areas are reclaimed. Advertisements The Bitcoin price has fallen since reaching an all-time high of $69,000 in Nov. 2021. BTC Price Breaks Down Below Long-Term Resistance In June 2022, the BTC […]

Ethereum (ETH) price is trading below $1,150, charting a decrease of around 7.20% in the past 24 hours as the FTX hacker continued dumping.  Advertisements The global crypto market still isn’t over the bloodbath that continued to pull large-cap altcoins down. Ethereum price, in particular, was significantly affected after the FTX hacker started to dump […]

Following the Ethereum Merge, staking ETH has become a key component of the blockchain. Many investors chose this option in order to earn free rewards. However, the timeframe in which stakers would be able to withdraw has been completely obfuscated, leaving many wondering what will happen. Advertisements Millions of users were successfully able to stake […]

The Bitcoin (BTC) and the Ethereum price are trading in descending parallel channels, while the XRP price follows an ascending support line. Advertisements Can ETH Price Break out From Channel? ETH, the native token of the Ethereum network, was created by Vitalik Buterin. The Ethereum blockchain is also home to various other cryptocurrencies. The ETH price […]

Key Takeaways The decentralized futures platform GMX has seen an increase in use following the collapse of FTX. Last week, GMX registered a new all-time daily high trading volume of $1.17 billion. Other decentralized trading platforms, such as the Polygon-based Gains Network, have also increased in popularity. Share this article URL Copied Advertisements GMX trading […]