Ethereum Watch

Disclaimer: This article attempts to analyze Ethereum’s price movement leading up to a potential breakout in the first week of July.  Advertisements Ethereum has been one of the best performing cryptocurrencies this year. After facing a couple of bearish days, Ethereum has once again started consolidating above the $230-mark. After surging by 3.19% over the […]

Advertisements Quick take: Three Ethereum transactions with high ETH fees were mined last week.  StarkPool and Ethermine mined two of the transactions and had requested the sender to contact them for possible discussions.  Almost a week later, the sender has not reached out and both mining pools have opted to distribute the fees to miners.  […]

Advertisements Decentralized finance markets have largely weathered the economic storm this year and continue to mature despite the crypto market remaining relatively flat. This new financial landscape could have a much greater impact on Ethereum than the ICO boom. Ethereum provides the foundation for DeFi since it is currently the global standard for smart contracts […]

Ethereum has declined over the past 24 hours alongside Bitcoin and the aggregated cryptocurrency market. Despite flashing some signs of strength in recent times, this has not been enough to break its tight correlation with BTC. Advertisements Analysts do believe that the cryptocurrency is now positioning itself to post a massive upwards breakout in the […]

Key Takeaways Ampleforth (AMPL) is a cryptocurrency protocol with an elastic supply that can expand and contract based on market demand The protocol’s unique token dynamics make it a promising form of collateral for DeFi AMPL is not entirely a stablecoin because it doesn’t eliminate volatility—its protocol aims to reduce volatility Ampleforth describes itself as […]

Disclaimer: This article attempts to determine the price action of Ethereum on the 15th of June. Advertisements Ethereum dropped by 5.26% over the last 24-hours owing to another downside market correction. Despite multiple attempts to break above the $250-mark, the largest altcoin has so far failed to break that barrier. The two consequent pullbacks have […]

Over the past couple of months, Ethereum has witnessed strong network fundamentals indicating a positive sentiment as it neared its biggest transition. In another milestone for the coin, Ethereum gas usage was currently at an all-time high. This was noted by the crypto-analytic firm, Glassnode, which further revealed that there was an increase of 58% […]

Ethereum’s price action in recent times has been lackluster to say the least, as it has been closely tracking that of Bitcoin as it trades within a wide and long-held range. Advertisements It does not appear that this is emblematic of the cryptocurrency’s long-term outlook, however, as one prominent venture capitalist is now noting that […]

Advertisements Open interest on Ethereum options contracts surged 315% to $158 million, but are investors using derivatives for bullish or bearish positions? Ether (ETH) options were launched over a year ago at Deribit derivatives exchange but they have only recently gained traction. Open interest is the main gauge for derivative contracts activity, and on Ether […]

Advertisements In brief: Ethereum held the $228 support zone earlier this week when Bitcoin dropped to $9,110. With BTC exhibiting bearish signs, a drop could cause Ethereum to break this support zone. Once broken, the 50-day moving average provides adequate support at around $218. Ethereum is still holding its own in the crypto markets ahead […]