Ethereum Watch

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Advertisements The buying support for ETH/USD near its record high appears to be weaker than Bitcoin’s. The price of Ether (ETH) is hovering near its all-time high once again, while Bitcoin (BTC) is still far from surpassing its record high at $60,805. But despite ETH demonstrating strong technical momentum and entering price discovery, on-chain analysis […]

Ethereum extended its decline below the $2,000 support against the US Dollar. ETH price is now consolidating losses and it could start a fresh increase if it clears $2,010. Advertisements Ethereum extended its decline below the $2,050 and $2,000 support levels. The price is now trading well below $2,050 and the 100 hourly simple moving […]

With a 3,7% loss in the last week and 2.7% in the last hour, Bitcoin’s price sits near critical support. On the other hand, Ethereum managed to climb to a new all-time high and sits on top of two fast-growing sectors: DeFi and NFTs. Advertisements Former Goldman Sachs Executive Raoul Pal has shown data to […]

Key Takeaways Instadapp has launched a single layer DeFi protocol, integrating governance and Layer 2 solutions. The protocol will soon launch its own governance token, INST. INST will be dropped to Instadapp users in Q2. Share this article Instadapp, one of DeFi’s most popular portfolio management tools, has announced its plans to launch a token.  […]

Advertisements A sea of red greets traders on Wednesday as blame shifts to leveraged long traders and the need to liquidate their positions. Bitcoin (BTC) extended its price drop on Wednesday amid warnings that excessive long positions needed to be flushed out to allow for fresh gains.  BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC […]

Advertisements A Californian couple has used tokenized rings to immortalize their marriage on the Ethereum blockchain. Rebecca Rose and Peter Kacherginsky, employees of leading U.S.-based crypto exchange Coinbase, have revealed how they used Ethereum’s blockchain to become lawfully wedded. On April 3, Rose posted to Twitter to announce the pair had tied the knot on […]

Via his Twitter handle, the CEO of subscription-based retail platform Shopify Tobi Lutke revealed that he has started “dabbling” with Ethereum. Specifically, Lutke stated that he has explored the decentralized finance sector and smart contracts on Ethereum for the purpose: Advertisements Mainly to understand how ERC20 works better. Fascinating world. With approximately 500,000 active “stores”, […]

Advertisements Quick take: Ethereum has had 5 consecutive quarters since Q1 2020 Ethereum’s Q2 2021 has kicked off on a high note with $2k being broken Ethereum’s on-chain transaction volume has also increased since $2k $2k, $1,900 and $1,800 will be the Ethereum levels to watch during today’s weekly close The digital asset of Ethereum […]

Advertisements In summary: Timothy Peterson has forecasted that Ethereum will continue to outperform Bitcoin in the short-term He also forecasted that Ethereum could hit $4k in Q2 Ethereum just hit a new all-time high of $2,146 – Binance rate  A consolidation above $2k is bullish for Ethereum and will provide a springboard for a push […]