Ethereum Watch

Advertisements Bitcoin spent much of Thursday staying afloat above $9,400 while gradually making gains, albeit at a relatively humble place. At just about $9,770 as of this writing, the BTC-USD pair is fighting hard to triumph over the resistance in the $9,700-$9,800 area. As outlined by BeInCrypto’s technical analyst Valdrin late yesterday, Bitcoin is currently […]

HackMoney Hackathon, a 30-day virtual Aave hackathon organized by Ethereum developer group ETHGlobal, has announced its three winning projects—Learn&Earn, a gamified online learning platform, YieldHero, a suite for managing Aave, and MagicBet, a no-loss betting platform that enables users to stake DAI.Hacking Lending and Money Maker Protocol AaveOrganized by ETHGlobal, an organization focused on onboarding […]

Advertisements U.S. Fed Chair Jerome Powell said an Ethereum-based interest reference rate works, but maybe not for everyone. In a May 28 letter to Senator Tom Cotton (R-AR), Jerome Powell, Chairman of the U.S. Federal Reserve, described an interest reference rate based on the Ethereum blockchain, called Ameribor, as effective for some, but not all.  […]

Ethereum‘s price movement since the start of June has triggered various alterations in the market. On-chain metrics were evidently indicating various trends but some of them had peculiar differences. Advertisements Source: Skew Advertisements Glassnode’s recent chart brought everyone’s attention to the recent increase in Ethereum price as a percentage of Bitcoin’s price. At the moment, […]

Advertisements The Ethereum network has become highly congested since the end of April, leading some to entertain a gas limit or block size increase. Continuing congestion on the Ethereum (ETH) network has led some developers and community members to call for increasing the gas limit, which defines its transaction throughput. Data from Etherscan shows that […]

Ethereum witnessed a turbulent start in June 2020. Advertisements Over the past 4 days, the second-largest token has reached as high as $253 in the charts but registered a massive pullback to $225 within 5 hours. On-chain metrics were reacting to such turbulence and the level of activity in terms of movement was significant. Advertisements […]

The month of May was filled with volatility as the price of Bitcoin kept swinging constantly. Despite the sell-off in the market, the value of BTC remained above the $9k resistance. While the first day of June turned into large support by traders as the coin breached $10k, however, as the pump was not supported […]

After breaking out past $250 on June 1st, Ethereum saw a harsh rejection on June 2nd. The asset fell from over $250 to $225 in a matter of minutes, crushed as Bitcoin slipped by a similar amount on top exchanges.Despite this strong drop, analysts assert that bulls still remain in control of the asset.Related Reading: Crypto […]

March witnessed a rather flat month with respect to the institutional capital as volumes across the derivatives platforms stagnated. The following month saw interest surging to an unprecedented level with big institutional platforms such as Bakkt and CME breaking previous records and marking new all-time highs. Advertisements In a recent development, the cryptocurrency fund investment […]

In what was yet another example of the cryptocurrency market’s inherent volatility, Bitcoin, the world’s premier cryptocurrency, sharply fell within a few hours after a brief period when it breached its psychological resistance at $10,000. However, while many in the community did expect corrections to come, the general mood remains one of optimism. Advertisements Source: […]