Ethereum Watch

It has been quite an interesting week for Ethereum’s community as it prepares for a major upgrade. In fact, its impact has started spilling over into Ethereum layer 2 solutions such as Polygon now. The latter’s native cryptocurrency, MATIC, concluded the week on the back of a significant upside on the charts. Advertisements MATIC’s bulls […]

Proof-of-Stake (PoS) bound Ethereum [ETH] has  jumped by almost 100% in the last thirty days. Consider this – On 14 July, ETH was valued at a mere $1,086. At press time, however, the altcoin was up 6.61% in 24 hours to hit a value of $2011.80 on the charts. Advertisements With investors gearing up for […]

The Ethereum Merge is about five weeks away and as the count down to the main event narrows, the phrase, “buy the rumor, sell the news” is expected to play out. Advertisements This means we should expect an increase in the demand for ETH within the next four weeks. A look at ETH’s on-chain metrics […]

Ethereum [ETH] finally sustained its bullish track as its recent rallies altered the long-term trend to exhibit a buying edge. With the 200 EMA assuming a rebound zone for the bearish pulls, the king alt now saw a volatile break above the point of Control (POC, red). Advertisements In the four-hour timeframe, the two-week trendline […]

The trading session on 8 August was an interesting one for ETH HODLers as the price of the leading altcoin jumped above $1,800 for the first time in two months, data from Santiment revealed. Advertisements In the last 30 days, the ETH network has seen over 546,000 active addresses trading the coin daily. Santiment showed […]

Advertisements Summary: U.S. Inflation numbers were released on Wednesday, triggering a move in the price of crypto assets. Consumer Price Index data stood at 8.5% for July 2022. The numbers fell from the 9.1% level reported in June. It’s also the first time U.S. Inflation numbers have dipped since April 2022. Cryptos like Bitcoin and […]

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject Advertisements Ethereum is the market’s most well-known altcoin. For many investors and enthusiasts, it is much more than just another cryptocurrency. According to experts, it could increase in […]

Advertisements Summary: USDC stablecoin Issuer Circle has plans to solely support the Ethereum Proof-of-Stake chain post-merge. Circle announced the decision on Tuesday amid rising speculations regarding a Proof-of-Work hard fork by major Ethereum miner Chandler Guo. The digital asset firm stated that only a “single valid version” of USDC can exist. Circle’s stablecoin is the […]

Advertisements Summary: DeFi aggregator DeBank believes that Ethereum hard forks could be counterproductive. DeBank also shared these remarks after naming ETH’s network as the most prospective chain for Web3 solutions and apps. The service said they do not plan to support any hard forks during ETH’s transition to Proof-of-Stake. Chainlink shared similar comments on Monday. […]

Ethereum‘s much-anticipated Merge continues to see bullish developments over the ETH 2.0 deposit contract. However, unlike on previous occasions, the main ‘OG’ token too has been creating a sense of belonging. Here’s the latest record sheet – Advertisements Higher highs  Ethereum 2.0 is an upgrade to the Ethereum network that focuses on improving the speed, […]