Ethereum Watch

Mining activity on EthereumPoW is at an all-time low. DeFi activity on the chain is also almost non-existent. The hashrate of EthereumPoW’s [ETHW] network has hit an all-time low due to a continuous decrease in mining activity, data from 2Miners.com revealed. Advertisements As of this writing, the network’s hashrate stood at 14.82 TH/s, having fallen […]

The Shanghai Upgrade will be released in three days. As a result of the upgrade, LDO has seen a surge in staking. The coming week is extremely important for the Ethereum [ETH] community because the Shanghai upgrade is scheduled to take place in three days, counting down from press time. There has been a lot […]

The volume of blue chip collections, including BAYC, Otherdeed, and MAYC, all declined around the same period Other not-so-popular collections filled in for the decrease, but there were no substantial changes. Ethereum [ETH] NFTs like Otherdeed, Moonbirds, and Bored Ape Yacht Club [BAYC] were almost always on the list of collections with the most daily […]

Circle rolls out new Euro-based stablecoin as an ERC20 token on Ethereum. Ethereum’s on-chain metrics rose as a result of the announcement. The Ethereum [ETH] network just added support for another stablecoin. The network has so far supported multiple stablecoins, but most are pegged on the U.S. dollar. This time the latest addition is Euro […]

Gaming activity on the Ethereum network declined considerably. Gas fees increased by a significant margin only to fall back again. The gaming sector in the cryptocurrency space has been driving users to multiple networks over the last few months. However, it appeared that Ethereum was not enjoying that privilege. Advertisements According to recent data provided […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH has been rejected at $1,743 and faces OB at a 78.6% Fib level. Fluctuating open interest (OI) could keep the above challenge going. After the release of US CPI, investors’ risk-on approach […]

Ethereum rose to $1,700 on February 17. Whale and shark address holding have not slowed down their accumulation. The price of Ethereum [ETH] reached $1,700 on 17 February after five months. Is this ascent an indicator of things to come? Or will the whale accumulation result in dumping before the Shanghai upgrade? Advertisements Read Ethereum’s […]

A look at the key challenges that developers have encountered in the days leading up to the Shanghai upgrade. Why challenges faced may not necessarily be a concern to the timeline. The Ethereum network is slated to end February with another major upgrade dubbed the Shanghai upgrade. Advertisements It will facilitate liquid staking, which is […]

A whale accumulated 28,672 ETH, worth $48.5 million from Binance and Coinbase over the past two months.  Supply on exchanges decreased and metrics looked bullish.  Ethereum’s [ETH] much-awaited Shanghai upgrade is around the corner, and investors are excited. Advertisements The upgrade will finally allow investors to withdraw their staked Ethereum. Amidst the excitement, a Twitter […]

Bitcoin and ETH derivatives register healthy recovery alongside spot demand. However, demand is still relatively low as traders proceed cautiously. The crypto market’s performance on a YTD basis has been different from the bearish performance last year. We have seen strong demand recovery, especially from the spot market. Advertisements A recent analysis revealed how Bitcoin […]