Ethereum Watch

Advertisements In a first for the blockchain world, the Grammy Award-winning band will use cryptocurrency tokens to distribute previously unreleased material. Grammy Award-winning American pop-rock band “Portugal. The Man” has launched a fan-focused cryptocurrency on the Ethereum-based Rally Network. Known as PTM Coin, the new token will reportedly grant fans exclusive access to various events […]

Ethereum started a decent increase above $1,080, but it failed again near $1,150 against the US Dollar. ETH price is consolidating and it could make another attempt to clear $1,150. Advertisements Ethereum is still struggling to clear the main $1,150 resistance zone. The price is now trading near the $1,100 zone and the 100 hourly […]

Advertisements With Ethereum transaction fees still high, more layer-two powered platforms are emerging. The number of decentralized exchanges running layer-two solutions is growing as the Ethereum network struggles to keep up with its own popularity. As excessive Ethereum gas prices continue to hamper smaller transactions and operations on the network, the number of faster and […]

Ethereum has faced a strong correction after peaking near $1,350 last week. The cryptocurrency currently trades for $1,050, though fell as low as $950 on Monday due to an influx of selling pressure. Advertisements During the drop, the funding rates of the ETH futures markets were extremely overleveraged. In some cases, there were long positions […]

Advertisements Quick take: Ethereum’s Google search interest is at an all-time high exceeding levels last seen during the 2017/18 bull cycle The increment in Ethereum Google queries started to increase significantly in mid-December This coincided with the launch of ETH 2.0 and Ethereum breaking the $600 price ceiling 2021 could very well be the year […]

Advertisements Quick take: Ethereum whales holding at least 10k ETH have increased by 4.2% in 2 weeks Such accumulation is a reflection of their bullish sentiment on Ethereum Ethereum’s 30-day trade volume has reached a new all-time high of $32B ETH’s hash rate is also at an all-time high Ethereum has since regained the $1k […]

Key Takeaways StaFi released an update with details about the launch of rTokens which function as synthetic representations of staked assets. The project’s founder said that rTokens for ETH and FIS are already under audit. Integration with Polkadot is still under development, and more PoS assets will be included. The DeFi news category was brought […]

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Ethereum declined almost 30% and tested the $900 support zone against the US Dollar. ETH price is currently rising, but it is facing a strong resistance near $1,130. Advertisements Ethereum started a strong decline from well above $1,200 and traded close to $900. The price is recovering nicely from $912, but it facing hurdles near […]

Advertisements Ethereum price may have dropped by 34% in 24 hours, but multiple data points show traders are still bullish on Ether. The past week has been an emotional rollercoaster for Ether (ETH) traders, as there were seven four-hour candles of a 10% or larger price movement.  Furthermore, the most recent 30% drop to $920 […]