Ethereum Watch

Cryptocurrencies represent an ideological shift and disruption to mainstream finance. For most proponents in the ecosystem, cryptocurrencies like Bitcoin and technological innovations like decentralized finance offer an alternative model that solves many of the problems that traditional financial systems are plagued with. In such an ecosystem, the promise of self-sovereignty, the lack of censorship, decentralization, […]

A lack of positives seems to be evident in the global financial system at the moment. Advertisements In order to cope up with the crisis currently ailing traditional markets, the US government recently proposed a $2.2 trillion bailout for the stock market, which clearly highlighted the power of centralization in the traditional financial system. However, […]

Ethereum is consolidating gains above the $170 and $165 support levels against the US Dollar. ETH price is likely setting up for another leg higher over the $175 resistance area.Ethereum is showing a few positive signs above the $170 support level.The price could gain bullish momentum once it clears the $175 resistance area.There is a […]

After incurring an incredibly intense uptrend that led Ethereum to highs of over $175 yesterday, ETH has lost some of its momentum and has declined below $170, with this drop coming about concurrently with that seen by Bitcoin overnight.In the near-term, it does appear that ETH’s bulls may have slightly overextended themselves, as the crypto […]

Every second-fiddle is always compared to the heavyweight. Either in valuation, price, market capitalization or importance, performance is always relative to who’s holding the cards. For Bitcoin and Ethereum the number one and two cryptocurrencies on the market, the tale is no different. Advertisements For the better part of 2019, Bitcoin had a leg-up, on […]

Bitcoin’s recent rally has significantly catapulted the altcoin market. The largest altcoin, Ethereum has had a rollercoaster ride this year. From shooting all the way up to $287 to hitting lows near $70, ETH has been one of the most volatile assets. Advertisements According to the latest report by the crypto data analytics platform, CoinMetrics, […]

The recent market-wide uptrend that was sparked when Bitcoin broke above $7,000 yesterday has proven to be particularly beneficial for Ethereum, which has posted some massive gains as it continues outperforming BTC and most other major altcoins.In the near-term, it does appear that this momentum will extend significantly further, as one fundamental indicator shows that […]

If the difference between Bitcoin and Ethereum‘s market cap is observed right now, it can be found that Bitcoin is ahead of Ethereum by a whopping $115.86 billion. At face value, there should not be a comparison of any sort between the two; however, it is human proclivity to compare the 1st and 2nd best […]

The Decentralized Finance [DeFi] platform was one among many to have been massively hit by the market collapse in March. In fact, the effects of the same were until recently, still being felt, with the Total Value Locked in DeFi moving sideways for a while.  However, on 6 April, as Ethereum’s price rallied to the […]

All of a sudden, every digital asset has a narrative in the industry. Advertisements To no one’s surprise, Bitcoin registered a number of fundamental changes after the crash in March. However, what may have come as a surprise to many is the significant activity on the stablecoins front. With price volatility spiking through the roof […]