Ethereum Watch

According to data from DefiLlama, the total value locked (TVL) for all decentralized finance (DeFi) protocols housed within different chains stood at $59.18 billion. Impacted by the general decline in the cryptocurrency market, the TVL within the DeFi ecosystem has declined by 65%.   Advertisements Built on the Ethereum network, MakerDAO, with a TVL of $7.94 […]

Ethereum is edging closer to the Merge right now, with the launch scheduled for 15 September. The Merge has already given a sharp boost to Ethereum [ETH] trading over the past month. According to data from Coin Glass, the number of Ether contracts that have not been settled has doubled to just over $8.43 billion. […]

The Merge is round-the-corner, and the Ethereum [ETH] developers may be on cloud 9. However, there are a few concerns that have been finding their way around the crypto market lately. However, the ETH community are growing skeptical of the much-awaited Merge. Advertisements It’s not all sunshine out here The issues regarding the Merge have […]

Ethereum [ETH] co-founder Vitalik Buterin has taken another dig at Bitcoin [BTC]. In a recent interview with Noah Smith, the Russian-Canadian crypto creator made a statement. This was not the first time that Vitalik claimed superiority over the number one cryptocurrency in market value.  Advertisements In 2021, he told CNN that Bitcoin could get left […]

Many Ethereum [ETH] investors may expect the Merge day to bring good tidings. However, this anticipation may need to be followed with a rethink of the situation. Advertisements This is because the community may need to withhold transacting on D-day. While this assertion should not cause panic, investors should understand that risks are involved. According […]

The buzz around the Ethereum Name Service (ENS) has witnessed ups and downs within the crypto community in 2022. April-May saw a surge in the demand for 3- and 4-digit ENS domain names. But can August reciprocate the same narrative? Advertisements Cementing my name The popularity and buzz around ENS domains witnessed all kinds of […]

Ethereum Layer 2 solutions have witnessed a massive gain in traction and utility in 2021-22. TVL across L2 platforms went up by 130% (in ETH terms) since the beginning of this year. But two main platforms stood at the very front of this L2 leg race- Arbitrum and Optimism. Advertisements However, there might be a […]

Ethereum [ETH] witnessed a major decline below the $1,600 zone against the U.S. dollar. ETH even declined below $1,500 at press time on CoinMarketCap. Now any recovery of more than $1.5k could face hurdles but again, surpassing the line remains a possibility. Advertisements Rising amidst a storm The largest altcoin, at the time of writing, […]

The rampage continues for Ethereum as the alt faltered in the market on 28 August. Investors are elated to see that the Merge is finally happening after a series of delays over the past year. Advertisements But Ethereum is facing a torrid time in the market with trader expectations taking a massive hit at least […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements After a brief month-long uptrend until mid-August, Ethereum [ETH] bears were back in the game post the rising wedge breakdown. This reversal aided the sellers in pulling ETH below its daily 20/50/200 EMA. […]