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 Advertisements This […]

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 Advertisements Dogecoin [DOGE]: The 33rd largest coin, Dogecoin as per […]

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 […]

Advertisements Cointelegraph interviewed Konstantin Kladko, CTO at Skale, to learn about his controversial opinion on why Ethereum layer-two solutions are unlikely to work out. Cointelegraph spoke with Konstantin Kladko, the CTO of the Skale Network, a blockchain platform based on Ethereum (ETH). Kladko holds a PhD in Physics from the Max Planck Institute and a […]

May 2020 can be identified as a month of two halves. Advertisements During the start of the month, the bullish narrative surrounding Bitcoin was tremendous. The world’s largest digital asset had recovered a majority of its losses suffered during the month of March and April, setting the crypto-asset up for a pre or post-halving pump. […]

Disclaimer: This analysis will be attempting to foresee changes in Ethereum’s price charts up to the 3rd week of June.  Advertisements The last 7 days have been rather exciting for Ethereum, with the world’s 2nd largest digital asset continuing to outperform Bitcoin on a weekly basis. In fact, the crypto-asset spiked by 26.15 percent between […]

Ethereum and Cardano are two of the ecosystem’s most prominent blockchains, with both blockchains slated to undergo a transition in their underlying consensus mechanisms. Advertisements For Cardano, it has been quite an interesting year. The Charles Hoskinson-led ecosystem has been credited for its development activity in the past and as it neared a crucial transition […]