Ethereum Watch

Despite maintaining a close call with Bitcoin, Ethereum has so far outperformed the benchmark cryptocurrency in the two quarters of 2020. This was also evident when the world’s largest altcoin bounced back, before testing any crucial support, following the latest market dip. It would seem thus, that Ethereum is well on its way towards recuperating […]

One of the most striking improvements noted by Ethereum this year has been with respect to its network utilization. Advertisements As observed in the chart below, since the start of January, the rate of ETH network utilization has grown at pace, and despite the market crash in March, the utilization percentage has continued to build. […]

Advertisements Once Ethereum becomes a proof-of-stake blockchain, what will happen to the ETH miners, and what will they do? As Ethereum is finally set to launch its Ethereum 2.0 upgrade later this year, putting an end to a long streak of delays, the network will start moving toward a proof-of-stake model.  Consequently, the network will […]

Decentralized finance has been branded as one of Ethereum’s — and crypto’s — killer use cases over recent months. But from a dollar perspective, this market segment has not seen as much market penetration as its proponents would believe is “fair.” Advertisements Yet while DeFi continues to gain steam as other blockchains seemingly stall, Ethereum […]

Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks, which exposed it to some intense downwards pressure yesterday. Advertisements It has been able to post a swift recovery from its daily lows, and has remained firmly within its long-held consolidation phase within the $230 to $250 range. Although it […]