Ethereum Watch

Advertisements Quick take: Ethereum investors continue sending ETH to the ETH2.0  staking contract This is despite the minimum threshold of 524,288 ETH been met 775,232 ETH is currently locked in the contract which is 148% of the required amount According to Weiss Ratings, the high deposits means everyone wants to get onboard Continual deposits is […]

Ethereum declined below $500 before the bulls appeared near $480 against the US Dollar. ETH price is correcting higher, but it is likely to face a strong resistance near $550 and the 100 hourly SMA. Advertisements Ethereum started an upside correction after forming a strong support at $480. The price is facing a strong resistance […]

Advertisements Ethereum 2.0 is no longer about just the potential to bring Ethereum to a much more diverse audience than ever before. On June 19, 2020, Ethereum increased its gas limit by 25% from 10 million to 12.5 million. In no less than two days, this newfound capacity was used up, bringing the block use […]

Ethereum formed a short-term top near $620 and started a sharp decline against the US Dollar. ETH price is correcting gains and it could revisit the $500 support zone. Advertisements Ethereum started a downside correction after it failed to stay above the $580 support. The price traded below the $550 support and the 100 hourly […]

Advertisements Quick take: Ethereum’s correlation to Bitcoin has been dropping since the DeFi boom of Q3 The progress of ETH2.0 has further accelerated this A drop in Ethereum’s correlation to Bitcoin hints of an altseason The weekly ETH/BTC chart is bullish and is another clear indicator of a pending altseason Ethereum’s correlation to Bitcoin has […]

Ethereum started a downside correction from the $620 zone against the US Dollar. ETH price is now trading near a major support at $580 and the 100 hourly SMA Advertisements Ethereum started a downside correction after it failed to clear the $620 and $625 resistance levels. The price traded below the $600 support, but it […]

Advertisements Additional transactions have been deposited into the Ethereum 2.0 contract to ensure a Dec.1 launch of Eth2’s beacon chain The highly anticipated launch of Ethereum 2.0, or Eth2, is scheduled to take place next week. Specifically speaking, Eth2’s proof-of-stake blockchain known as “the beacon chain” has been confirmed to run alongside the Ethereum network […]

Advertisements Quick take: Ethereum deposits to the ETH2.0 contract have hit a total of 531,872 ETH This is 101.4% of the required amount for Phase 0 to kick-off A total of 16,621 validators out of the required 16,384 participated in the deposits Ethereum’s price has benefited from the rush to deposit ETH to the ETH2.0 […]

Ethereum is trading nicely above the $600 resistance against the US Dollar. ETH price seems to be preparing for more gains above the $625 and USD $630 levels. Advertisements Ethereum settled nicely above the $600 level, with a positive angle. The price traded as high as $621 and it settled well above the 100 hourly […]

Advertisements With just nine hours remaining, the Ethereum’s deposit contract met its threshold of 524,288 Ether — locking Eth2’s beacon chain genesis for Dec. 1. Eth2’s beacon chain genesis has been confirmed for Dec. 1 following the transfer of 524,288 Ether (ETH) from 16,384 validators into the Eth2 deposit contract since it went live on […]