Ethereum Watch

Advertisements The NFT volume on the blockchain reached its lowest since November 2022. Blur dominated OpenSea but trading activity on both marketplaces decreased. Once recognized as a thriving landscape of digital art and collectibles, the Ethereum [ETH] NFT market was now experiencing a period of turbulence as activity and volume took a notable downturn. According […]

Advertisements ETH’s inactive supply surged significantly from 2020 to 2022. Staked ETH continued to grow despite a considerable drop in yields. Ever since its launch in July 2015, Ethereum [ETH] has scaled new heights of success by redefining the utility of blockchain technology. The major innovation brought about by the second-gen blockchain was the advent […]

Advertisements Ethereum’s supply on and outside of exchanges changed little over the last week. ETH’s price increased by over 1.5% in the last 24 hours, and indicators were bullish.  After crossing the $1,900 mark, Ethereum’s [ETH] price has once again settled under that zone. Glassnode’s data revealed that a reason behind this could be a […]

Advertisements Ethereum’s Finality pause caused a decline in active addresses, but they bounced back soon after.  While the outflow trend has reversed, Ethereum has yet to recover fully from its bearish trend. The Ethereum [ETH] blockchain encountered a technical hiccup not too long ago, leading to a halt in the finalization of blocks within the […]

– The Shapella update triggered the withdrawal of thousands of ETH worth millions of dollars. Advertisements -Despite concerns about market impact, Ethereum investors remained optimistic as the price defied predictions and stayed above $2,000. The recent Ethereum [ETH] Shapella update brought about the long-awaited unlocking of staked ETH. This development was met with mixed predictions […]

ETH demand soars on both the spot and derivatives market after a successful upgrade. Assessing the prospects of a retracement as some ETH whales take profit. More than 24 hours have passed since the Ethereum [ETH] network successfully deployed the Shanghai upgrade. The hype around the upgrade will rapidly die down but what does this […]