Ethereum Watch

On 15 September, the Ethereum merge occurred. Described by Glassnode as the “most impressive feat of engineering in the blockchain industry,” the merge marked the final transition of the Ethereum network from the consensus mechanism of Proof-of-Work (PoW) to Proof-of-Stake (PoS). Advertisements Although many harbored doubts concerning the success of the merge, Ether [ETH] holders […]

Ethereum [ETH] is having yet another bearish week as the crypto bears retain dominance over the market. Here are some of the latest observations that may offer insights into ETH’s demand and supply dynamics. Especially, now that everyone is wondering about the market’s next move. Advertisements Here’s AMBCrpto’s price prediction for Ethereum (ETH) Some of […]

The transition of the Ethereum [ETH] network into a proof-of-stake led to the supply of the network’s Ether [ETH] witnessing a significant drop, data from Santiment revealed.  Advertisements According to data from the blockchain analytics platform, the percentage of ETH’s total supply that has been sent to exchanges stood at 14.52% at press time. Since the […]

Ethereum [ETH] bears have been dominant since last week, leading to a higher price drop towards the lower range for 2022. Amid all this, there were some interesting observations that investors should take note of. Advertisements ETH’s exchange reserves dropped back to the lowest year-to-date levels. The last time that exchange reserves were this low […]

Ethereum [ETH], on 9 October, recorded a significant increase in the number of addresses registered on the blockchain as per data from the analytics platform Santiment. Advertisements There were over 135,000 Ethereum addresses registered, which was over 11% greater than the peak number that was recorded in January 2022.  📈 #Ethereum saw a surge of […]

After suffering heavy losses due to the sell pressure that emerged from the Merge, it appears that Ethereum [ETH] has been getting back on its feet. According to new data, ETH witnessed a massive spike in terms of network growth, which could be a positive development for the altcoin. Advertisements _______________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction […]

Ethereum [ETH] has been on the receiving end of a lot of sell pressure, especially post the Merge. However, even after Ethereum’s decline in prices, validator interest and revenue had a different picture to convey. Advertisements ____________________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for Ethereum for 2022-2023. ____________________________________________________________________________________________ Advertisements It should be noted that garnering interest from […]

Ethereum’s [ETH] network revenue fell by a massive 86% in the third quarter of 2022, according to the report released by Bankless (an informative site focused on crypto). Advertisements Reportedly, Ethereum recorded $1.96 billion in net revenue in the second quarter (Q2). Unfortunately, the third quarter was a paltry $274.12 million. Advertisements Source: Token Terminal […]

Ethereum Classic [ETC] concluded the second half of September on a bearish note that resulted in a support retest. The bearish momentum notably weakened but ETC continues to tread lower after failing to bounce from support. Advertisements ETC bears demonstrated strong momentum up until 22 September. This resulted in a retest of support at the […]

It’s been more than 2 weeks since Ethereum’s Merge happened. However, the hype that existed before the event died down soon, with the event followed by disinterest in the cryptocurrency. Glassnode recently confirmed this outcome after observing a sustained drop in ETH Open Interest in perpetual Futures contracts. Advertisements Here’s AMBCrypto’s Price Prediction for Ethereum […]