Ethereum Watch

This morning, Ethereum network fees surged to over $2.6 million in a single hour. The spike in the metric was primarily due to one actor sending just 0.55 ETH, but paying over $2.5 million in USD value to do so. Advertisements Was this a costly mistake this user crypto user won’t soon forget, or is […]

Advertisements Blockchain firm Prysmatic Labs announced the launch of a new test network of the Ethereum 2.0 blockchain. Blockchain firm Prysmatic Labs announced the launch of a new test network for the Ethereum 2.0 blockchain. According to a Wednesday announcement, Prysmatic Labs is launching the Onyx Ethereum 2.0 testnet — which represents an improvement over the […]

Ethereum network just witnessed the highest value of transaction fees being spent on a single transaction. According to an on-chain data provider, Ether scan noted that on block number 10237208, a transfer of 0.55 Ether which was worth $133.87, was transacted for a fee of 10,668.73185 ether or $2.596 million. Advertisements Source: Glassnode This has […]

2017’s bull run forced the traditional market to take notice of Bitcoin but it was the overall development of the Bitcoin futures market over the past two years, which bolstered Bitcoin’s credibility in the financial industry. Advertisements The digital asset landscape would have been completely different without the involvement of the derivatives market. In order […]

The collective market cap of the coins has been consolidating below $280 billion as Bitcoin’s dominance declined to 64.7%. After a minor surge of 0.77% over the last 24 hours, Bitcoin’s value was $9,770; altcoins however posted small surges as well. Advertisements Source: Coin Stats Dogecoin [DOGE]: The 33rd largest coin, Dogecoin as per CoinMarketCap’s […]

From a technical perspective, Ethereum’s price action has been relatively lackluster in recent times, with buyers struggling to garner any sustainable uptrend as the crypto closely tracks Bitcoin’s price action.One data metric does indicate that investors have been heavily accumulating throughout the course of the cryptocurrency’s recent downturn.This accumulation has led investor’s profitability to reach […]