Ethereum Watch

Advertisements The cryptocurrency community isn’t buying a theory suggesting that a coronavirus-prompted recession will make Ethereum decentralized financial (DeFi) applications more popular. Investor Ryan Sean Adams made the case that efforts to mitigate the impact of an increasingly likely recession would create further confidence in Ethereum, driving DAI rates up and attracting “millions” of users. […]

Advertisements Gas prices on Ethereum have spiked to their highest level in more than a year. Prices tanking across the entire industry have investors rushing for the exits and driving the cost to use the network up. After a rocky week or so, cryptocurrency prices made some of their most dramatic moves to date today. […]

Ethereum, the second-largest cryptocurrency by market capitalization, plunged by a massive 35 percent on Thursday, logging its biggest decline in a day since the 2018 ICO bust.The ETH-to-dollar exchange rate fell from $195.64 to $126.28 in 30 minutes, following the leading cryptocurrency Bitcoin’s frenetic sell-off within the same timeframe. The implosive move downhill led Ethereum’s […]

Advertisements After camping around the support area at $7,800 for the past few days, Bitcoin has resumed its retreat and is currently trading at $7,600 at the time of publishing. As if the current woes of the market weren’t bad enough, Binance users in Turkey are suspecting that the exchange may have been somehow compromised. […]

Advertisements Zhen Yu Yong, the co-founder of Torus Labs, has just confirmed that he has contracted the novel coronavirus. Yong recently attended both the ETHLondon and Ethereum Community Conference. A participant in two recent Ethereum conferences has come down with the coronavirus. It has raised concerns that others who were present at the convention may […]

Advertisements The cryptocurrency industry makes a pretty big deal out a decentralization. For many, the biggest innovation the blockchain tech-backed networks like Bitcoin and Ethereum makes possible is the complete removal of any central power in various systems. With its lack of company, foundation, and even founder, Bitcoin is clearly the king when it comes […]

The Bitcoin market has been witnessing grave volatility lately. The world’s largest cryptocurrency has tried thrice to surpass the $8k barrier since the price drop on 7 March; however, it has failed every single time. Its latest effort on 10 March might have pushed the price of the coin above $8k, but it was short-lived […]

The digital asset industry often mirrors a delicate game of Jenga, one where if one crucial piece is shaken, the entire structure might collapse. Advertisements The crucial piece, in the present market scenario, is Bitcoin, as its recent collapse under $8000 paved the way for Ethereum‘s slump under $200. At press time, Ethereum was valued […]

Ethereum’s price was slashed by almost 22% over the past three days, with its value recorded to be $196.80, at press time. The drastic fall in Ethereum’s price on 7 March led the way for on-chain liquidations worth $5 million. According to Token Insight’s Ankit Chiplunkar, 40% of those liquidations took place on DyDx, while […]

Ethereum whales are in the news again after data suggested that these parties were accumulating in the first week of March. In fact, according to blockchain data analysis firm Santiment, the top holders of Ethereum started to accumulate their bags a few weeks back. Some had also speculated that such behavior was a result of […]