Ethereum Watch

Ethereum [ETH], the largest altcoin witnessed a major rejection near the $1,420 mark as of 22 September. ETH went down by over 20% in a week despite the Merge hype. There further remained a risk of a drop below the $1,220 support. Various narratives such as “sell the news” began surfacing soon after the Merge […]

Ethereum, the largest altcoin is down by 25% over the past seven days. Clearly, the much-hyped Merge narratives failed to work their ‘expected’ charm. Despite the fundamental change in its emission dynamics, the event resulted in a “sell the news” development in the price. Advertisements Now, the question is- From institutional backlash to retail, could […]

ETHPoW, in contrast to its recent development, rallied 44.85% from its value on 19 September. According to CoinMarketCap, the cryptocurrency went from $0.480 to trade at $6.73 at press time. Advertisements For its investors, this could be a sigh of relief since the breakdown of servers led to a massive loss in value in one […]

Despite being the most significant event in the history of its chain, the Ethereum merge has since failed to influence a positive price reaction for the leading altcoin, Ether [ETH].  Advertisements According to data from CoinMarketCap, moments after the merge, the price of ETH rose to a high of $1634, after which it declined steadily. […]

Prior to the Ethereum mainnet Merge, the majority of all Ether (ETH) staked ahead of the transition of the Ethereum network to a proof-of-consensus mechanism was done on Lido Finance.  Advertisements Interestingly, data from Dune Analytics revealed that at press time, with 4,170,811 ETH staked with the liquid staking platform, it still holds over 30% […]

The Merge has been a success for Ethereum [ETH]. Wait… but that’s not it as ETH has continued to dip despite this release. Advertisements The continued fall of the token has attracted the attention of analysts across the crypto industry to give their two cents on the matter. Galaxy Digital based researcher Christine Kim has […]

The Ethereum [ETH] Merge with the proof-of-stake (PoS) network was successfully completed as of 15 September. The implication of the Merge is that miners are now replaced by validators on the Ethereum network. However, a relatively small number of companies control the PoS mechanism. This has left analysts worried over the centralization of the ETH […]

Litecoin [LTC] and other top cryptocurrencies have been overshadowed by the Ethereum [ETH] Merge for the last few weeks. Interestingly, LTC may have actually benefited from the Merge from a hashrate perspective. Advertisements An inspection of Litecoin’s hash rate reveals a sharp uptick in the first 10 days of September. Its hash rate grew from […]

Ethereum’s [ETH] transition to Proof-of-Stake (PoS) consensus has been the most-talked-about topic in the crypto industry. Advertisements The craze around Merge can be compared to that of the craze around Bitcoin’s [BTC] whitepaper release. Amidst the hype, speculations, and narratives around ETH, it is important to consider one aspect- Are participating clients or partners ready […]

Ethereum [ETH] will release the Merge on the beacon chain in the next few days. This event has engrossed the larger crypto community for a long time now. The anticipations around the Merge have led to high activity surrounding Ethereum on social platforms. Advertisements In a recent tweet, Santiment claimed that “Social interest in the […]