@CryptoMasterMiner 25 February 2023 more from that month

Ethereum Weekly (2/24/23)

**Ethereum Weekly - Edition 12** Welcome to the latest edition of *Ethereum Weekly*! Ethereum (ETH) had a sideways week on low volatility gaining $5 week-over-week as it awaited the release of the consumer sentiment data in the US. The report, released by the University of Michigan, was expected to show increasing confidence despite ongoing inflationary concerns. Today the release of the core personal consumption expenditures price index rose 0.6% in January and 4.7% from the prior year. These figures were well above economists’ expectations which drove the markets lower to close the week. Ethereum fell about $50 almost immediately, reacting the same to the data as most assets. The Dow fell almost 3% for the week, its worst performance of the year so far, with the S&P 500 down 2.7%. As stocks go, so does crypto. The latest figures could suggest that the Fed will, after all, keep raising interest rates, and therein lies the problem. A continued policy of tightening by Jerome Powell and company is bad news for most investors. Add this to growing regulatory concerns over staking crypto, and Ethereum could be in for choppy waters to close out the quarter. The Crypto Greed and Fear Index highlighted below sits at 53 in the "Neutral" range and down 18 points from where it was at last week. **Ten Must-Read Ethereum and Altcoin Articles This Week** The SEC’s Crackdown on Ethereum Staking Has a Silver Lining (CoinDesk) https://www.coindesk.com/business/2023/02/23/the-secs-crackdown-on-ethereum-staking-has-a-silver-lining/ Coinbase new blockchain seen as ‘massive confidence vote’ for Ethereum (Cointelegraph) https://cointelegraph.com/news/coinbase-new-blockchain-seen-as-massive-confidence-vote-for-ethereum AI predicts Ethereum price for the end of 2023 (Finbold) https://finbold.com/ai-predicts-ethereum-price-for-the-end-of-2023/ What Investors Should Look Out For Ahead Of Ethereum Shanghai Upgrade (Bitcoinist) https://bitcoinist.com/look-out-for-ahead-of-ethereum-shanghai-upgrade/ Ethereum Shapella upgrade gets new date, making way for un-staking ETH (Cointelegraph) https://cointelegraph.com/news/ethereum-shapella-upgrade-gets-new-date-making-way-for-un-staking-eth What the Ethereum Shanghai Upgrade Will Mean for ETH Liquidity (CoinDesk) https://www.coindesk.com/consensus-magazine/2023/02/23/what-the-ethereum-shanghai-upgrade-will-mean-for-eth-liquidity/ This Ethereum Layer-2 is on Fire – Here's What That Means (Crypto News) https://cryptonews.com/news/this-ethereum-layer-2-is-on-fire-heres-what-that-means-for-eth-price.htm Thinking of Buying Solana? Buy Ethereum Instead (The Motley Fool) https://www.fool.com/investing/2023/02/24/thinking-of-buying-solana-buy-ethereum-instead/ 'Stupid money' Ether investor loses over $2M in six months — 3 lessons to learn (Cointelegraph) https://cointelegraph.com/news/stupid-money-ethereum-investor-loses-over-2m-in-six-months-3-lessons-to-learn Why Ethereum Dominance Could Be In “Grave” Danger (Bitcoinist) https://bitcoinist.com/why-ethereum-dominance-could-be-in-grave-danger/ **Ethereum Price Statistics** *(as of 2/23/2023, daily close)* Ethereum Price = $1,650 Last Week =$1,645 Weekly High = $1,664 Weekly Low = $1,635 Market Cap = $197,104,057,893 Market Cap Dominance =17.342% All-Time High = $4,878.26 *on November 10, 2021* statistics provided by CoinGecko **Ethereum Fun Fact of the Week** Ethereum was formed in 2016 after the Ethereum DAO was hacked and about one-third of DAO funds were transferred to a different wallet. Holders who didn't make the move held their ETH on the original chain which is Ethereum Classic. **Ethereum Staking Statistics** Validators = 525,506 Block Time = 12.09 seconds Staking Ratio = 14.6% Total Supply = 122,373,866 statistics provided by StakingRewards **Crypto Fear & Greed Index**

*index provided by* *Alternative* https://alternative.me/crypto/fear-and-greed-index/ **What is Ethereum?** Ethereum (ETH) is a digital cryptocurrency that is known for being a blockchain technology that operates decentralized apps (dapps) such as decentralized finance (DeFi), non-fungible tokens (NFTs), stablecoins, lending, and more. First proposed by Vitalik Buterin who published a whitepaper in 2013 and went live as a network in July 2015, Ethereum claims it is not controlled by a centralized authority but that can be questioned. Ethereum went through the "merge" in 2022 moving from a proof-of-work to a proof-of-stake mechanism becoming much more environmentally friendly.  For more on Ethereum, please read the Top Things You Should Know About Ethereum (ETH) on Publish0x written by MuyAsk https://www.publish0x.com/crypto-truth-lexicon/top-things-you-should-know-about-ethereum-eth-xllwodo https://www.publish0x.com/@MuyAsk For more on the Ethereum Whitepaper, please read the I Finally Read the Ethereum Whitepaper on Publish0x written by CryptoMasterMiner https://www.publish0x.com/journey-through-crypto-from-newbie-to/ive-finally-read-the-ethereum-whitepaper-xkprjnz https://www.publish0x.com/@CryptoMasterMiner Find Ethereum on Ethereum.org, Reddit, Twitter, Instagram, Facebook https://ethereum.org/ https://www.reddit.com/r/ethereum/ https://twitter.com/ethereum https://www.instagram.com/ethereum_official https://www.facebook.com/ethereumproject/ ***** Where to Buy and HODL Ethereum (*********Referral Links*********) ***** Coinbase (Get $10 and earn by learning) https://www.coinbase.com/join/8m5yy3 Crypto.com (Get $25 to sign up) https://crypto.com/app/p7jxbgbthv KuCoin (Lend out your Ethereum) https://www.kucoin.com/ucenter/signup?rcode=rB973L5 ***** My Crypto Work ***** BOTZ - My Passive Income Generating NFTs (OpenSea link) https://botz.finance/ https://opensea.io/collection/yieldbotz *Yield Farming* - My Book on Amazon (paperback and eBook) https://www.amazon.com/Yield-Farming-Paul-Donaghy/dp/B0BMZ9ZX8T ***** Earn Free Crypto ***** Publish0x - earn crypto for reading and writing articles https://www.publish0x.com/?a=4oeE8VWld0 Presearch - earn crypto for searching on the internet https://presearch.com/signup?rid=3594977 Torum - earn crypto on this social media site with a crypto focus https://www.torum.com/?referral_code=cryptomasterminer Zirkles - stories that pay in crypto like Publish0x https://zirkels.com/?ref=cryptomasterminer PipeFlair - Faucet to earn MATIC and other cryptos https://pipeflare.io/r/e7f1 **Thank you for reading Ethereum Weekly!** Resources https://www.investing.com/crypto/ethereum/historical-data https://alternative.me/crypto/fear-and-greed-index/ https://www.coingecko.com/en/coins/ethereum https://cointelegraph.com/ethereum-price https://www.tradingview.com/symbols/ETHUSD/ https://ycharts.com/indicators/reports/ethereum_statistics https://coinmarketcap.com/currencies/ethereum/ https://coinlib.io/coin/ETH/Ethereum https://coincheckup.com/coins/ethereum https://cryptopanic.com/news/ethereum/ https://www.stakingrewards.com/earn/ethereum-2-0/metrics/