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 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 Aave V2 iteration on Polygon has suffered a temporary halt. AAVE’s buying pressure has climbed in the last week. Aave’s [AAVE] V2 iteration on Layer 2 (L2) network Polygon [MATIC] suffered a temporary halt due to a bug on 19 May. This prevented Aave V2 Polygon users from interacting with Wrapped Ether [wETH], Tether […]

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’s [ETH] price remained in a bearish zone below the $1,840 mark throughout the last week. Ethereum started a fresh decline below the $1,800 level and showed […]

Advertisements For the second time, a roll-up’s daily active addresses surpassed those of Ethereum. Sentiment around ETH remained negative last week, but network growth and funding rates were high.  Ethereum’s [ETH] daily active addresses were stagnant for quite a few months. While ETH’s metric plateaued, roll-ups, on the other hand, flourished. Is your portfolio green? […]

Advertisements Celsius kickstarted the process to unstake its long-staked Ether coins on Lido. CEL’s price continues to plummet as distribution remains unabated.  According to data from blockchain explorer for the Ethereum network Etherscan, bankrupt crypto lender Celsius Network [CEL] has commenced the withdrawal of staked Ether coins [ETH] from Lido Finance. This was following the […]

Advertisements The L2 project will move from the Goeril Testnet to the final Bedrock on 6 June. Still, Arbtirum has dominated it in terms of active addresses. Layer two scaling platform Optimism [OP] has finalized the date for the Bedrock upgrade. According to its official announcement, it would take place on 6 June. The upgrade, […]

Advertisements Ethereum’s Finality pause caused a decline in active addresses, but they bounced back soon after.  While the outflow trend has reversed, Ethereum has yet to recover fully from its bearish trend. The Ethereum [ETH] blockchain encountered a technical hiccup not too long ago, leading to a halt in the finalization of blocks within the […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH dropped below 50-EMA but was checked by 100-EMA.  A positive CVD spot could offer bulls slight hope.  The second largest digital asset based on market cap, Ethereum [ETH], is weathering the current […]

Advertisements The Autoglyphs and Azuki collections showed strength despite the broader market tumble. The number of addresses buying NFTs fell to June 2021 levels. It has been a horrendous last 30 days for blue-chip Ethereum [ETH] NFTs in the market with a handful of them experiencing significant downturns in value. However, out of the top […]

Advertisements Ethereum’s supply on exchanges hit an all-time low, with only 10.1% of the total supply available for trading. Investors remain optimistic about Ethereum’s future despite liquidations, as the exchange funding rate is still positive. Following its remarkable 6% surge in value on 5 May, Ethereum [ETH] has embarked on a consistent downward trajectory. Yet, the […]