Ethereum Watch

Advertisements Ethereum futures data suggests that pro traders believe $3,500 ETH is the next stop for the top altcoin. As Ether (ETH) made a $2,800 all-time on April 29, so did its futures open interest. The $8.5 billion figure marks a 52% monthly increase and shows robust trading activity behind the meteoric price rise. Some […]

In a bid to save the Ethereum mining community, a group known as the Ethereum Genesys Foundation (EGF) successfully hard forked the chain to continue Proof-of-Work (PoW) mining. Advertisements With the ETH 2.0 upgrade well underway, the switch to Proof-of-Stake (PoS) would render miners redundant. What’s more, miners claim they are slowly being phased out, […]

Advertisements Ethereum’s chances of hitting $5k by June currently stand at 6% ETH has continued to maintain the $2,700 price area, into options and futures expiry today There is also the monthly close ahead which should be ETH’s last hurdle towards new ATHs On a fundamental level, Ethereum’s market cap has exceeded Paypal’s and could […]

Advertisements Bitcoin price is clinging on to $53,000 while Ethereum’s increasing bullish momentum prompted renewed discussions of an ETH flippening. Bitcoin and the overall cryptocurrency market saw minor losses on April 29 as the market heads into the expiry of $4.2 billion worth of (BTC) options contracts.  Data from Cointelegraph Markets and TradingView shows that since reaching […]

On Thursday, the world’s second largest cryptocurrency by market cap, Ethereum surged in an indomitable bull rally. At press time, the

Advertisements BTC/USD is set to end the month around 8% down, the first such losing streak since 2015 despite an even more impressive Q1 performance. Bitcoin (BTC) may not be worrying analysts with its latest price dip, but it will likely close its first negative month of April in six years this week despite hitting […]

Advertisements Ethereum 2.0 deposit contract now holds 4.0412 million ETH This amount in Ethereum is worth roughly $10.8 Billion Continual deposits to the contract show long term commitment by Ethereum investors  Ethereum could suffer a short-term correction with the expiry of options this Friday Ethereum investors are continually sending funds to the ETH 2.0 deposit […]

Key Takeaways Polygon is catching up to its main competitor, Binance Smart Chain, as the leading Ethereum bridge platform. Polygon’s growth took off when the popular crypto lending platform Aave moved to the sidechain network. Other apps like Curve Finance and mStable have also expanded to Polygon and driven adoption of the network. Share this […]

Advertisements With ETH charting new all-time highs, its cumulative market value has exceeded that of mined platinum. Ether (ETH) is approaching the top 30 most valuable assets in the world following its latest price breakthrough, offering further evidence that the developer network is in the midst of a powerful bull market.  ETH price peaked at […]

Gnosis and Balancer Labs announced the deployment of the Balancer-Gnosis-Protocol (BGP), a new decentralized exchanged running on top of Ethereum. Felix Leupold, Software Engineer Lead at Gnosis, broke down some key points on the protocol and how it will help users to trade with better cost-efficiency. Advertisements The Balancer-Gnosis Protocol will converge two components, as […]