Ethereum Watch

Q1 ETH holders reap rewards, courtesy of the overall bullish outcome thanks to more market confidence. ETH whales show mixed signals which coincided with the prevailing directional uncertainty. Ethereum’s native cryptocurrency ETH failed to reclaim the $2,000 price level in Q1 2023 despite high expectations. However, it performed quite well during the first three months […]

The first quarter of the new year brought a stop to the heartbreak investors repeatedly experienced in 2022. But the balance in the crypto market has been nothing close to the AI hype of the same period. And the sole reason? ChatGPT! Yes, the natural language processing tool has accustomed itself to providing human-like conversations. […]

Update April 2, 17:58 UTC: The Arbitrum Foundation released a statement to address the crypto community. It said that from the on-chain transfer of 50 million ARB tokens, 40 million ARB were allocated as a “loan to a sophisticated actor in the financial markets space.” Meanwhile, the remaining 10 million ARB tokens were converted to […]

The Ethereum blockchain would expand to a three-layer client. Latency and data efficiency remained a problem. Ethereum [ETH], plagued by transaction delays and network congestion a few years back, has been on top of solving these challenges, thanks to the plethora of scaling solutions. The last of these is the zero-knowledge integration with the Ethereum […]

Ethereum validators have earned 1.1 million ETH ($2.007 billion) in staking rewards since January 2021, according to Delphi Digital data. Advertisements Ethereum validators started staking in 2021, soon after the launch of the Beacon Chain. Since then, their reward has steadily grown as more validators joined the network. Ethereum Validators Earning (Source: Delphi Digital) Over 67k […]

Ethereum surpassed Cardano and Polkadot in developers’ count.  Traders are taking ETH positions before the Shapella update. Ahead of the 12 April completion of the Shanghai upgrade, Ethereum [ETH] has taken the mantle as the blockchain with the most active developers in the Layer one (L1) and Layer Two (L2) ecosystems. Advertisements Recall that projects […]

The Polygon team officially deployed the zkEVM Mainnet for public use.  Ethereum’s Vitalik Buterin made the first transaction on the network as over 50 projects were in line to join.  Almost six months after its Public Testnet, the Polygon [MATIC] zkEVM Mainnet Beta went live on Monday 27 March. The event, which began at 10 […]

ETH supply continued to decline at a fast pace. The number of new ETH 2.0 deposits has not reached January and February highs. With about two weeks left until the Shanghai-Capella hard fork, Ethereum’s [ETH] supply has continued to diminish. According to Delphi Digital, the altcoin’s supply has fallen off by 70,000 ETH since it […]

EOS has launched its EVM feature on the testnet. Lack of high accumulation momentum drives down EOS’ value. Ahead of the mainnet launch in April, EOS Network launched its EOS Ethereum Virtual Machine (EVM) feature on the testnet on 28 March.  Advertisements The final #EOS EVM testnet before mainnet launch is officially live 🥳 With […]

Advertisements Summary: Ethereum core developer Tim Beiko confirmed that the anticipated Shapella upgrade will happen on April 12. The Shanghai-Capella update on the mainnet will enable the withdraw function for staked ETH and unlock around 16 million stETH, developers have said. Liquid staking provider Lido Finance could unlock withdrawals later in mid-May due to audit […]