Ethereum Watch

The second-largest cryptocurrency, Ethereum has been pushing for higher gains. The accumulation pattern has been strong throughout the month which indicated that investors were anticipating a price surge in the near future as the ecosystem nears the launch of Ethereum 2.0. Advertisements Ethereum [ETH] 1-Day Chart: Advertisements Source: ETH/USD on TradingView Ethereum has been consistently […]

Altcoins have always exhibited a strong correlation with Bitcoin and tend to follow its price movement religiously. Since the start of the month altcoins once again seemed to have followed Bitcoin’s slight downward trend. Advertisements Source: Coinstats Advertisements At press time, Bitcoin was being traded at $9667 and had registered a 24-hour volume of $7.8 […]

Ethereum is still down by over 80% from its all-time high, but that hasn’t stopped cryptocurrency users from increasingly adopting the asset.Rafael Schultze-Kraft (@n3ocortex on Twitter), the chief technical officer of blockchain analytics firm Glassnode, recently shared the chart below. It shows that the number of new daily Ethereum addresses with more than one transaction […]

The ongoing developments associated with Ethereum 2.0 are real and significant. Advertisements The 2.0 testnet which was introduced back in April 2020 received a lot of reception off the bat as the number of addresses with 32 ETH spiked, evidence of the rush to become validators on the Ethereum 2.0 network. Consistent rewards of 4.6% […]

Another week, another round of Crypto Tidbits.The past seven days have been volatile days for Bitcoin and other cryptocurrencies. The cryptocurrency on June 1st rallied past $10,000 for the first time in many weeks, reaching as high as $10,400.It was an explosive move that had many expecting more upside. One Wall Street analyst went as […]

Decentralized finance doesn’t seem so decentralized after all, especially when looking at token concentration. Key Takeaways 90% of the supply for most DeFi tokens is held in less than 10% of addresses. LINK is the least concentrated of the analyzed coins, as the token’s investor base expanded as it experienced price appreciation. MKR’s supply is […]

The usual norm for the crypto-market is that altcoins follow the lead of Bitcoin, the world’s largest cryptocurrency. That is the case at the time of writing as well, owing to not only BTC’s significant market share, but the alts’ correlation with it as well. However, the effect of the same was inconsistent across the […]

The hardware wallet maker gives users access to Deversifi’s DEX. Key Takeaways Ledger users can now access DeFi markets. DeversiFi’s DEX receives a security boost for digital asset trading. Decentralized finance continues to expand. Share this article Ledger became the first hardware wallet integrated into DeversiFi, a decentralized exchange (DEX), marking Ledger’s move into the […]

Advertisements Around $9,765,000,000 is currently locked up in staking contracts across various cryptocurrency networks. The combined value of all such contracts has been steadily growing since the crash in cryptocurrency prices that bottomed in mid-March of this year. The current all-time high for staking contracts occurred on Feb 14. At the top, investors hoping to […]

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