Ethereum Watch

Advertisements Summary: Data from Blockchain Intelligence startup Nansen shows a steady increase in the number of staked ETH. So far, users and entities have locked over 22 million coins which amount to about 18% of the token’s supply. At the same time, balances in crypto exchanges are declining and now sit below 30 million tokens. […]

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 A further drop in ETH’s price could send the DeFi market into another round of liquidation. The DeFi TVL across all chains submerged. Ethereum [ETH] and assets linked to the Decentralized Finance (DeFi) sector are experiencing a wave of uncertainty in the market. Although ETH’s dominance in the smart contract space has been unwavering, […]

Advertisements The ETH supply on exchanges dropped to its record low at the time of publication. Supply held by top non-exchange addresses has shot up. Ethereum [ETH] whales have increased their appetite despite the prevailing uncertainty in the market. One of these whale wallets, withdrew nearly 39,300 ETH in a series of transactions over the […]

Advertisements Bitcoin and Ethereum defy negative market sentiment, witnessing a trading volume surge to month-high levels. Traders maintain a positive outlook on BTC and ETH as flows remain negative. Bitcoin and Ethereum, along with the entire cryptocurrency market, responded to the recent move by the Security and Exchange Commission (SEC). Nevertheless, there has been a notable […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements Ethereum saw large volatility but was bearishly biased on the 4-hour chart. This downtrend was against the trend on the daily timeframe and presented a support zone to watch for a positive reaction […]

Lido’s dominance in the Ethereum staking market should raise serious concerns about Ethereum’s centralization, say the heads of the decentralized autonomous organization Asymmetry Finance. The potential impact of centralization on Ethereum could be catastrophic, leading to market crashes and protocol failures. Will regulators and community members wake up in time? Advertisements Since the Bitcoin Whitepaper […]

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 […]