Ethereum Watch

Sorry bulls, but it might just be game over for Ethereum. The cryptocurrency’s intense uptrend seen in early-February has now been fully erased by the selloff seen over the past couple of days, which has shifted its market structure to be highly bearish.This has led one top analyst to note that Ethereum has just dipped […]

After briefly falling under the crucial resistance of $229 towards the tail end of February, Ethereum has managed to bounce back above the mark and has consolidated at a higher range. With a 2.84 percent hike over the past-24 hours, ETH was priced at $245.63 with a market cap of $27.02 billion, at press time. […]

Ethereum blockchain has been embraced by some of the world’s largest industry players. The world’s most popular smart contracts platform not only dominates the realm with respect to decentralized applications [DApps], but also in the field of decentralized finance [DeFi]. Advertisements Enterprise Ethereum is essentially “a term that is used to holistically refer to blockchains […]

A few days ago, Bitcoin advocate and venture investor from Morgan Creek Digital, Anthony Pompliano, compared the world’s largest altcoin to fiat money and stated that ‘the idea that ETH is money is fundamentally flawed.’ Advertisements Drawing comparisons between fiat currency and Ether, he wrote, “The issue is that Ether is no different than fiat […]

To answer the problem of slow adoption, an increasing number of companies have put their focus on bringing cross-chain liquidity to DeFi. Ren Protocol and Provable Things are two notable companies developing these advancements. Advertisements Last month, Ren Protocol introduced its cross-chain interoperability tool RenVM, while pBTC, an interoperability token aimed to bring Bitcoin’s liquidity […]

Despite Bitcoin closing 2019 up 90%, Ethereum didn’t fare all too well. The second-largest cryptocurrency actually registered a negative performance last year, crushed under the pressure of continued ICO selling and at-times questionable fundamentals.Analysts, however, have rapidly changed their outlook on ETH in the early stages of 2020, citing a confluence of positive technical factors […]

Advertisements Today’s Ethereum developer call lasted three hours, during which a tentative decision to reintroduce ProgPow as Ethash 2.0 was made despite lacking unanimous consensus. The Ethereum (ETH) All Core Devs call to decide on the fate of ProgPow was held on March 6. Despite a tentative decision to reformulate the mining algorithm as “Ethash […]

Advertisements Centralization of ETH among the 100 largest wallets is growing, signaling that whales are accumulating ahead of Ethereum’s ‘ETH 2.0’ revamp. Whales appear to be accumulating Ether (ETH), with the percentage of ETH supply controlled by the top 100 wallets standing near 25%. The observation was made by blockchain data analysis firm Santiment, who […]

Advertisements Ethereum co-founder Vitalik Buterin and Tesla CEO Elon Musk want Jack Dorsey to stay as chief executive officer of Twitter. While Twitter CEO Jack Dorsey could potentially be ousted by investors, at least two major figures in the crypto industry have already voiced support for the exec. Vitalik Buterin, co-founder of major cryptocurrency project […]

Bitcoin’s and Ethereum’s strong surge to kick off 2020 has caught many traders aback. Case in point: each leg higher in the price of BTC during January and February was marked by dozens of millions of dollars worth of short liquidations on margin trading platforms like BitMEX.While the majority seem to have been caught off […]