Ethereum Watch

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH saw a corrective bounce from key ascending support near $1600. Open interest rates declined; the CVD spot eased, suggesting muted demand.  Ethereum [ETH] rebounded strongly from critical ascending support near $1600. But […]

Advertisements Summary: Ethereum Foundation researcher Michael Neuder proposed increasing the validator balance cap from 32 ETH to 2,048 ETH. The idea being considered within the developer community would stem the growing active validator set size and optimize network efficiency. Increasing the limits of validator balances would also make room for auto-compounding of rewards, allowing validators […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The first quarter of the new year brought a stop to the heartbreak investors repeatedly experienced in 2022. However, the balance of the crypto-market has been nothing close to the AI hype of […]

Advertisements Ethereum inscriptions launch with 10,000 Ethereum punk inscriptions in 24 hours. Ethereum dominance of the NFT space continues with blue-chip NFTs. Recent reports suggest Ethereum is treading a similar path to Bitcoin when pioneering the inscription of NFTs on its platform. In line with the concept of Bitcoin inscriptions, a new feature called Ethscriptions […]

Advertisements Ethereum’s price increased by nearly 2% in the last 24 hours.  However, market indicators were bearish, suggesting a change in trends. The Binance and Coinbase episode with the US Securities Exchange Commission caused havoc in the crypto industry. It caused a decline in the supply of Bitcoin [BTC] and Ethereum [ETH] on Binance, suggesting […]

Members of the Forta network have discovered a new type of cryptocurrency scam dubbed the “Sleepdrop,” which has affected a significant number of users. The scam involves the presence of unexpected tokens from a seemingly legitimate contract in users’ wallets. Users who do not avoid such airdropped tokens are at grave risk. Advertisements The Forta […]

Advertisements Crypto market sentiment hits rock bottom as legal battles and price decline instill fear. Market cap sees a decline as negative sentiment catches up with prices. When news broke out about the legal battles involving Binance and Coinbase, the crypto market experienced a blend of responses. Ripple (XRP), among other crypto assets, displayed indications […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The market structure was bearish and a downtrend was in progress. The selling pressure remained strong and a reversal was not yet in sight. A week ago on 7 June, Ethereum prices climbed […]

Advertisements Net deposits on the Beacon Chain increased on the Lido pool.  L2 bridging grew by 5% as TVL fell. Even as a top liquid staking platform, Lido Finance [LDO] felt the impact of the turbulence. This was the case with many other assets in the market. During the period of unrest, the value of […]

Advertisements Altcoins suffer from SEC’s lawsuit, boosting interest in Bitcoin and Ethereum as safe havens. Bitcoin and Ethereum dominance increases, and traders show more optimism towards ETH. Altcoins such as Solana [SOL], Cardano [ADA], and Polygon [MATIC] have experienced significant price impacts due to the SEC’s lawsuit against Coinbase and Binance. The SEC categorizing these […]