Ethereum Watch

Ethereum’s network has seen a significant increase in the issuance of stablecoins in recent times. CoinMetrics had indicated that the 7-day moving average of the total number of confirmed transactions on Ethereum’s blockchain as of April 30 rose to 845,400, the highest since July 1, 2019. Advertisements The fact that Tether (USDT), trueUSD (TUSD), Paxos […]

Etheruem surged higher Thursday alongside Bitcoin as a prominent hedge fund tycoon declared he would invest in bitcoin futures.The ETH/USD exchange rate eyed an extended move to retest its local top near $226.With halving coming on May 12, the pair could rise further owing to its positive correlation with Bitcoin. But there are risks.Ethereum moved […]

Advertisements Speaking at the Ethereal Summit 2020 on May 7, Buterin believes the Ethereum network could help play a leading role in connecting nations. Vitalik Buterin believes that Ethereum can play a role in a future global crisis as the glue that helps bind nations together. The Ethereum co-founder spoke at the Ethereal Summit 2020 […]

Ethereum has been showing some unprecedented signs of weakness in recent times. This can be seen clearly while looking towards the cryptocurrency’s BTC trading pair.It does appear that in the near-term, the crypto is at risk of seeing a sharp decline as it struggles to remain steady above the support that exists around $200.In spite […]

Ethereum has been able to capture some notable upwards momentum today, surging towards its key near-term resistance at $210 as the aggregated crypto market pushes higher.This has allowed the crypto to narrowly avoid seeing massive losses stemming from a previously bearish market structure that it had formed.ETH isn’t completely out of the woods yet, however, […]

Despite there being great momentum in the spot market, the performance of Ether Options has been slow and conflicted. The Options market has limited participation from exchanges, with the lead exchange being Deribit which provides Futures and Options on Ethereum, as well as Bitcoin. As per data provided by Skew markets, on 5 May, over […]

Ethereum’s run in 2020 has been a fairly good one. Though down by over 27% since its yearly high, the world’s largest altcoin has been able to maintain a largely positive sentiment. Further, Ethereum has been noting strong hodling sentiment over the past couple of months too. Advertisements In fact, as of 3 May, it […]

The last couple of days in the month of April laid down the foundation for Ethereum’s rally in May, but the world’s largest altcoin has been rather disappointing over the past week. After hiking by 15 percent on 30 April, ETH’s valuation plunged by over 5.66 percent over the last 6 days. Advertisements With bullish […]

At this point in time, price is king. In less than 10 days, Bitcoin will go through its third block halving, undoubtedly setting off ripple effects across the rest of the cryptocurrency market, a market valued at over $250 billion, with the single largest altcoin contributor being Ethereum with a market cap of $23 billion. […]

Advertisements Two of the world’s largest financial services providers, Goldman Sachs and Morgan Stanley, are now hinting that the worst of the COVID-19 market rout is probably over and the economy is showing signs of improvement. Of course, not everyone agrees with that optimistic outlook. HSBC Holdings economist James Pomeroy, for example, has warned that […]