An Ethereum network upgrade was quietly deployed this week as EIP-4337 went live. It ushers in a number of improvements for the Ethereum ecosystem. On March 1, EIP-4337 deployed on the Ethereum mainnet heralding a new token standard – ERC-4337. The token standard implementation was initially proposed in September 2021. At that time, it was … Read more
The amount of staked Ethereum is continually increasing. However, more than half of it remains underwater in terms of gains made despite the ETH price recently hitting local highs. A large portion of all the Ethereum staked is still underwater, according to research shared by analysts on Feb. 18. The chart shows that 60% of … Read more
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. 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 has … Read more
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure and momentum were bearish. A revisit to $1560 was likely but the bears could seize the upper hand afterward. Bitcoin [BTC] bulls were able to keep BTC from falling beneath the … Read more
Ethereum developers have successfully deployed the first mainnet shadow fork in preparation for the Shanghai upgrade. This upgrade is due in March and will allow validators to unstake their ETH. The Ethereum network has taken a step forward with respect to the Shanghai upgrade. The development team successfully deployed its first mainnet shadow fork in … Read more
Large amounts of Ethereum are on the move as previously inactive whale accounts wake from a five-year slumber. On Dec 19, on-chain analysis Twitter feed ‘Lookonchain’ reported that two dormant Ethereum addresses have started to show activity. The addresses have not been active for five years but woke up on Dec. 18. Two transfers totaling … Read more
Ethereum turned inflationary as network supply fees fail to surge Network validators remain staunch in their duty to avoid slashing events while ETH consolidated Ethereum’s [ETH] quest for profitability took another sour turn as it returned to inflationary condition after a few attempts at the opposite. According to Token Terminal, the decentralized blockchain daily earning … Read more
More than a million ETH has left centralized exchanges over the past week. The Ethereum exodus comes in the wake of the FTX collapse as holders grow wary of centralized exchanges. According to Glassnode, 1.1 million ETH has been withdrawn from centralized exchanges over the past week. It is the largest 30-day Ethereum balance decline … Read more
Ethereum co-founder Vitalik Buterin has updated the project roadmap to include a new phase called “The Scourge.” The update shared on Twitter improved the previous 5-phase Ethereum roadmap, which explains how the network will achieve scalability. Buterin explained that the new roadmap brings more concrete milestones to every category and a “More explicit role for quantum-proofness as … Read more
Hindsight is a wonderful thing. If MicroStrategy had chosen to invest in Ethereum instead of Bitcoin, things might have worked out differently. The Blockchain Center has provided a comparison page for MicroStrategy’s crypto investments. It has used the Bitcoin purchases the firm made and overlaid them with what would have happened if they had been … Read more
