Ethereum Watch

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 […]

Advertisements Ethereum price is now the center of attention but options data shows pro traders are still wildly bullish on Bitcoin price. In the last few days, Bitcoin (BTC) price has underperformed Ether (ETH) by almost 20%. Even though BTC seems to be struggling to break the $18,800 barrier, both cryptocurrencies display the same bullishness […]

Advertisements Gnosis shaped its DAO based on the concept of futarchy. Gnosis, an Ethereum-based platform that facilitates betting on events and other metrics, revealed plans for its own decentralized autonomous organization, or DAO, called GnosisDAO. “This will have the effect of progressively decentralizing Gnosis as a project using a native governance framework powered by their […]

Ethereum is gaining pace above the $565 and $575 levels against the US Dollar. ETH price surpassed $580 and it seems like the bulls are aiming a test of $600 in the near term. Advertisements Ethereum is trading in a positive zone above the $560 support level. The price cleared the $580 resistance and settled […]