Ethereum Watch

Advertisements Dorsey supported a 2015 suggestion that Coinbase should focus on Bitcoin.  Twitter boss Elon Musk also chipped in to support Dogecoin. Twitter founder and long-term Bitcoin advocate Jack Dorsey claimed on Twitter that Ethereum [ETH] is a security and his comments have created a furore. Dorsey responded with “yes” to a question asking if […]

Advertisements ETH’s daily active addresses and daily transactions have declined of late.  On-chain metrics gave hope for a price uptick in the coming days.  Ethereum [ETH] has witnessed quite a few interesting developments over the last few days. At first glance, it seemed that network usage had increased, while the rest of the metrics suggested […]

Advertisements Ethereum’s non-zero addresses hit an all-time high as it surpassed 100.2 million. Ethereum saw a positive funding rate as bullish sentiment dominated. Ethereum’s [ETH] quest for the $2,000 price realm wound up after encountering numerous obstacles. Nevertheless, two crucial indicators consistently pointed towards a steady upward trajectory, signaling a growing fascination with accumulating and […]

Advertisements Bitcoin’s voyage into the NFT market has made it a strong contender for Ethereum’s position. The migration of some Solana NFTs to Polygon has negatively affected its volume. Sales of various assets in the NFT world significantly surged as the usual suspect, Bored Ape Yacht Club [BAYC], registered the most volume. With $18.16 million, […]

Advertisements The U.S. debt ceiling decision propelled S&P 500 and gold prices, surpassing Bitcoin and Ethereum. Bitcoin and Ethereum were trading at a profit on a daily timeframe at press time. In a fascinating turn of events, the prices of the S&P 500 and gold have taken a leap, outshining Bitcoin [BTC] and Ethereum [ETH]. […]

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 average fees returned to reasonable levels after reaching a high in 2023. NFT trades rise as gas prices drop, while self-custody and bullish sentiment boost Ethereum’s outlook. Ethereum [ETH] has long been infamous for its exorbitant gas prices, which has driven away users and forced them to seek alternative networks or solutions. However, […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The week started positively for Ethereum [ETH]. The U.S. debt ceiling talks got “an agreement in principle” on Saturday during a phone call between President Joe Biden and House Speaker Kevin McCarthy. Bitcoin […]

Advertisements The amount of ETH staked grew by 11% since the Shapella Upgrade. Over 60% of the stakers were in losses since they locked their ETH on the network. Users in the crypto space have shown significant interest in Ethereum [ETH] staking since the Shapella Upgrade went live last month. Following a successful test of […]

Advertisements Transactions on the Dogecoin blockchain exceeded that of Bitcoin and Ethereum combined. The hike affected the hashrate as new tokens increasingly minted. Dogecoin [DOGE] witnessed a surge in transaction count, as it surpassed a daily count of two million buying and selling activity on 28 May. The hike means that the meme coin could […]