Ethereum Watch

Over the past few weeks, the attention received by the Bitcoin halving has blacked out all the white noise in the industry. In fact, not a lot of importance was given to any other unfolding trend as most people anticipated price actions up until the event. The collapse on 10 May was the last bit […]

Like most altcoins, Ethereum registered a widely inconsistent 2020. After an initial rally towards the start of the year, a pullback was witnessed during the third week of February, following which, a Black Swan event almost toppled the world’s largest altcoin. Advertisements Bitcoin noted a similar dilemma as well, but the market has been resilient […]

The cryptocurrency market has been tough on many of the market’s cryptos, largely owing to the constant fluctuation in prices. XRP has been one such coin whose price has been restricted under $0.20 since the market crash in March. However, its low trading price and low transaction fees have provided an alternative to many Ethereum […]

Advertisements A single transaction today has created more Wrapped Bitcoin on the Ethereum network, than the total amount of BTC locked in the Lightning Network. One thousand Wrapped Bitcoin (WBTC) were minted today on the Ethereum network (ETH) —  a single transaction that represents more U.S dollar value than the entire Lightning Network. It brings […]

Ethereum’s price has been hovering around the lower $190 region in the time following its latest selloff that sent it to lows of $180.The second-largest cryptocurrency by market cap has been severely underperforming Bitcoin in recent times and has virtually erased all of the gains that came about as the result of its recent push […]

After an impressive streak above the $200-level, the world’s largest altcoin, Ethereum saw a sharp decline as it dropped close to $180, a level that had been acting as strong support. But there could be a potential upside revival in the offing as the coin appeared to be preparing for a bullish momentum in the […]

DeFi leverages decentralized networks to transform old financial products into trustless and transparent protocols. The platform that supported Ethereum as collateral along with USDC and BAT recently added Wrapped Bitcoin (WBTC), an Ethereum-based token backed 1:1 by Bitcoin to its list of collateral types. Advertisements Even though ETH was one of its oldest collateral, ETH […]

Advertisements A proposal to add a second fuel source for the Ethereum network has recently been submitted by a developer to run in parallel to its existing fuel, gas. The Ethereum network is due to undergo a raft of changes this year. The most eagerly awaited upgrade is the shift to proof-of-stake consensus under the […]

Following Bitcoin’s lead, Ethereum prices dipped on 10 May by a whopping 14% in an hour. This took the value of the second-largest digital asset from $210.06 to $180.01. This sudden dip in the price of ether painted a bearish picture highlighted in its derivatives market. Advertisements Ethereum’s options market noted the 25-d skew reporting […]

Advertisements Chainlink introduces trusted decentralized randomness into the crypto ecosystem. On May 11, Chainlink (Link) announced the launch of a verifiable random function (VRF) that enables generation of on-chain trusted randomness. Ii is undergoing security review on the testnet where it is available for integration testing. Initially, it will work with the Ethereum (ETH) blockchain. […]