Ethereum Watch

Over the last month, Ethereum’s gas prices have been surging faster than Bitcoin’s price. The average gas price increased 3X since the start of May. The reason for this surge is similar to when CryptoKitties was famous – network congestion. However, what’s causing network congestion is interesting as according to a Twitter user, it is […]

Advertisements Reddit has revealed plans to create a system of Ethereum tokens to incentivize quality posts and comments. Reddit Gold could soon be replaced by tokens on Ethereum, a recent slide presentation by Reddit reveals. The idea is that users will be awarded points by their fellow subreddit users. These points can then be spent […]

Advertisements An Ethereum 2.0 developer call reveals that the Schlesi testnet was successful enough to hope for a more official multi-client testnet in June based on 0.12 specs. Work on Ethereum 2.0 is now almost entirely directed toward fixing bugs, with the team trying to synchronize all existing clients into one single version of the […]

Advertisements Reddit continues to provide more details about its blockchain community points system, which will run on the Rinkeby testnet before moving to the Ethereum network. The popular social blogging platform Reddit has confirmed that its tokenized rewards will migrate onto the Ethereum blockchain later this year. On May 13, Reddit officially revealed its Community […]

If you had to pick one week all year when altcoins were the least-talked about topic in the cryptocurrency world, it would be this one. With Bitcoin’s block rewards being halved earlier this week, the focus was entirely on the top cryptocurrency, but one altcoin is still well within the picture. Advertisements Ethereum, the world’s […]

Advertisements The bullish sentiment among Ethereum (ETH) margin traders appears to have no end in sight, with ETH long positions on Bitfinex up by 90% in 2020. Tweeting on Thursday, Mati Greenspan, founder of Quantum Economics, highlighted the parabolic increase in ETH longs on Bitfinex. Indeed, except for a brief period in February 2020, long […]

Advertisements Speculations are rife about the possibility of the US Federal Reserve adopting a negative interest rate policy (NIRP) anytime now. Analysts often argue that unorthodox monetary policies such as negative interest rates are inherently inflationary. According to many, a naturally deflationary asset like Bitcoin stands the perfect chance to draw more investments from strategic […]