Ethereum Watch

For Bitcoin, one of the biggest challenges it seems to face with regard to its vision of becoming a widely used currency is in terms of its issues surrounding scalability. While Bitcoin’s proof of work consensus algorithm is extremely important from the immutability standpoint, it fails to keep up in terms of its transaction speeds […]

Ethereum has seen a slight upswing overnight that has allowed it to navigate into the $160 region following a period of overt weakness seen throughout the past couple of days. This slight rise has come about concurrently with that seen by Bitcoin and most other altcoins.Analysts are now noting that ETH is in the process […]

Ethereum has entered another bout of sideways trading in the time following its recent rejection at $175, with ETH now establishing some significant support around the mid-$150 region, which is where it has been trading at for the past couple of days.In the near-term, it does appear that Ethereum is currently trading just a hair […]

With the Ethereum network bereft of a lot of positive news lately, the ETH community was thrilled after it was reported that Reddit is supposedly experimenting with a blockchain-based token points system, with Ethereum being central to the development. Advertisements Redditor MagoCrypto was the first to break the news after he uploaded a video that […]

Ethereum and the aggregated cryptocurrency market saw a sharp overnight decline that came about after Bitcoin lost the support that had been established at $7,000. This plunge has caused ETH to underperform BTC and many other altcoins, with its bulls currently attempting to establish support.Presently, Ethereum is pushing up against a massive buy wall on […]

Bitcoin and Ethereum, both are capable of becoming the world’s first non-sovereign digital money, however, both coins have to deal with a few shortcomings to reach that position. A recent report analyzed the different paths taken by BTC and ETH to ‘moneyness’. Advertisements The root of the different paths taken by the top two coins […]

Advertisements For some reason, Bitfinex longs for Ethereum are dominating. Almost 90% of all margin traders are longing ETH on the exchange. The overwhelming amount of longs for ETH has some speculating that we could see a massive long squeeze shortly—or maybe these traders know something the rest of us don’t. There is confusion over […]

Advertisements Investors looking for a safer way to buy ETH are willing to pay a premium of more than 500% to buy it via Grayscale’s Ethereum Trust. Investors are paying a 515% premium to buy Ether through the Grayscale Ethereum Trust. It costs $90.55 to buy a share in Grayscale Investments’ Ethereum Trust (ETHE), however […]

The development of DeFi and other protocols on the Ethereum blockchain over the past year cannot be ignored. Advertisements With Ethereum rapidly becoming the go-to asset for DeFi applications, a majority of users believe that ETH’s valuation will rise as well in the long-term as well. In fact, with the tokenization of assets on Ethereum […]

In the traditional world of finance, paramount significance is placed on trust and centralized models of governance. When the idea of cryptocurrencies like Bitcoin was conceived, it sought to present an alternative form of finance, one that was trustless and dependent solely on code. However, in the years since, even the world of crypto has […]