Ethereum Watch

Advertisements Opinions clash on the possible approval of a spot Ethereum ETF Final decisions are expected between May and August Excitement is mounting over the U.S. Securities and Exchange Commission’s (SEC) impending decision on several applications for Ethereum spot exchange-traded funds (ETFs). The same was highlighted by Fox Business’s Eleanor Terrett in her latest post […]

Advertisements Celsius made massive ETH transactions in the wake of its bankruptcy proceedings. Gas usage on the network declined, however, NFT activity remained high. The most recent data insights from on-chain analytics provider LookonChain revealed massive transactions within the Celsius wallet over the past 10 hours. Specifically, a deposit of 13,000 Ethereum [ETH], valued at […]

Advertisements Since ETFs were approved, the Ethereum Coinbase Premium Gap has declined. The coin’s price remained prone to swings despite the decrease in volatility. Ethereum’s [ETH] Coinbase Premium Gap has shrunk since the launch of Bitcoin [BTC] spot exchange-traded fund (ETF) on the 10th of January, data from CryptoQuant revealed.  This metric tracks the difference […]

Advertisements Before the BTC spot ETF approval, the active validator count on Ethereum fell.  The network’s participation rate, which dropped before the ETF approval, has climbed. The number of active validators on the Ethereum [ETH] Proof-of-Stake (PoS) network has seen a sharp uptick in the past week. This is after a period of decline before […]

Advertisements ETH was down by more than 2% in the last 24 hours. Buying pressure on Ethereum was high, and whale activity increased. Ethereum [ETH] once again proved that it is the king of altcoins, as it outshone the rest. If the latest data is to be considered, ETH was the leader in recent volatility […]

Advertisements Ethereum’s correlation to Bitcoin declined as prices fell. New developments on the Ethereum network may help ETH in the future. Bitcoin [BTC] was in the limelight for quite some time due to anticipation around the ETF. Due to this, Ethereum [ETH] got left behind and the correlation between the two coins witnessed a decline. […]

Advertisements Bitcoin and Ethereum hit historic profit levels. ETH and BTC have yet to sustain uptrends in price. Bitcoin [BTC] and Ethereum [ETH] have reached historic profit levels despite recent price fluctuations. As profits surged to noteworthy milestones, the number of holders has also steadily risen. Bitcoin, Ethereum hit historic profit levels An analysis of […]

Advertisements The upgrade went live on the Testnet after a four-hour delay. The development would benefit the blockchain in the long term, experts say. As planned, Ethereum [ETH] developers deployed the Dencun upgrade on the Goerli Testnet on the 17th of January. However, the YouTube livestream of the event showed that it was not without a […]

Advertisements ETH and SOL were up by more than 90% and 917% in 2023, respectively.  Both tokens’ price charts and metrics looked bullish for 2024.  2023 could be termed as a comeback era for the crypto industry, as almost all coins witnessed a resurgence in the last year. Notably, Bitcoin [BTC] rose exponentially, while altcoins like […]

Advertisements EigenLayer’s weekly ETH deposits doubled. EigenLayer’s total value locked (TVL) soared to $1.67 billion at press time. While spot ETFs, real-world assets (RWA), layer-2 solutions, and other popular narratives dominate crypto-related talks these days, slowly but surely a lesser-known category was catching up – Ethereum [ETH] restaking protocols. Increase in native ETH on restaking protocols […]