Ethereum Watch

As negative sentiment began to dwindle, crypto outflows dropped to their lowest in weeks.  With a year-to-date net inflow of $26 million, Solana might be “the most loved altcoin.”  Capital flight from digital asset investment products “cooled off” last week, causing outflows to drop to a low of $11.2 million, digital asset investment firm CoinShares […]

At the recent Korea Blockchain Week conference, Ethereum co-founder Vitalik Buterin discussed the future of Ethereum nodes and how mobile devices could play a role in promoting decentralization and scalability. Advertisements During a talk on September 5, Buterin explained that one of the challenges facing Ethereum is the centralization of nodes, with most currently running […]

Ethereum’s exchange outflows have increased in the past few weeks. This has occurred despite its sideways price movements. Leading altcoin Ethereum [ETH] has continued to experience a surge in exchange outflows, despite recent price action, on-chain data provider IntoTheBlock noted in a recent post on X. Advertisements ETH continues to record more significant exchange outflows, […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements On 30 August, the status of Ethereum [ETH] as a commodity was reaffirmed in a ruling that involved Uniswap [UNI]. The court action was instituted by some Uniswap users who felt undone by […]

ETH breaking the $1,700 may have set the tone for altcoins to blossom. BTC dominated the market but attention has been shifting toward SOL and ADA. Ethereum [ETH], considered the pioneer altcoin and the one with the largest market cap, seems to be setting the stage for what could potentially be the resurgence of the […]

Stablecoins, including sDAI and GHO, propelled Aave V3’s $100 million loan record. Assets staked on the protocol reduced in the last 24 hours. A whopping $100 million— that was the value of loans issued on Aave [AAVE] on Monday 28 August. The landmark, a record high, was reported by Lucas Outumoro,  IntoTheBlock’s Head of Research. […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH’s recent pump waned and eased towards $1700 at press time.  Open Interest surged to $5 billion, last seen on 18 August, but later dipped. After an impressive pump on 29 August, Ethereum […]

Advertisements The number of ETH long-term holders surpassed BTC by more than 40 million. Bitcoin’s inability to offer a plethora of use cases contributed to the switch. As the top two most valuable cryptocurrencies, Bitcoin [BTC] and Ethereum [ETH] have not had to deal with any strong competition to yank them off the standings. However, […]

Advertisements Lido’s TVL climbed by 1.28% in the last seven days, as ETH deposits on the protocol rose.  Its native token, LDO, however, experienced slow accumulation. The total value locked (TVL) in Lido Finance [LDO], a liquid staking protocol for Ethereum [ETH], increased by 1.28% in the past week, according to DeFiLlama. This represented the […]

Advertisements An increase in inter-chain transfer could temporarily increase ETH transaction fees. Volatility increased, meaning ETH’s value could decrease further. Over the last few weeks, a significant amount of Ethereum [ETH] has been moved from the Mainnet into other chains. The movements within the Ethereum network have been closely linked to the attention given to […]