Ethereum Watch

Advertisements One Ethereum transaction uses enough energy to power a house all day, but how much does the fiat financial system use? According to Cointelegraph Research’s original investigation into the most energy-efficient blockchains for nonfungible tokens (NFT), the Ethereum network is currently using more energy than Costa Rica does during an entire year. To put […]

Ethereum is still above the $4,250 support against the US Dollar. ETH price could stage a strong rally if it clears the $4,450 resistance zone in the near term. Advertisements Ethereum is stable and supported above the $4,200 and $4,250 levels. The price is now trading above $4,300 and the 100 hourly simple moving average. […]

The word staking has been doing the buzz around the crypto-space for quite some time now. Now, like most of the things associated with the crypto-space, even this can either be a complicated or a simple notion, depending on how many layers deep one decides to go. Advertisements For most traders and investors, staking is […]

Key Takeaways Enso Finance, a new DeFi index and social trading platform, has announced its mainnet launch due on Dec. 9. The launch will involve bootstrapping liquidity through a simultaneous vampire attack on six competing protocols. Users migrating liquidity to the platform will be rewarded with NFTs and Enso’s native tokens. Share this article URL […]

In the past few years, crypto derivative trading has taken off. There is another way to buy and hold cryptos that have appealed to traders who want to make the most out of price movements by using leverage. Advertisements However, there are risks associated with CFD trading, especially when it comes to cryptocurrency. In 2021, […]

Unlike the rest of the market, Ethereum did not witness much decline on December 4. On that day it only fell by 2.3%. However, the wick it created managed to terrify every Ethereum investor. The bigger question is, how it happened. Advertisements Ethereum toppled by institutions The events of December 4 are credited to multiple […]

Advertisements But ETH2 is not a new cryptocurrency and the exchange appears to be prepping for Ethereum’s transition to proof-of-stake. Cryptocurrency exchange Coinbase has added a mirrored version of the Ethereum blockchain’s native token Ether (ETH) to its crypto price index, just ahead of a key network upgrade on Dec. 10. Dubbed “ETH2,” the symbol […]

The industry was sent into a dizzy on 4 December when the market recorded a flash crash, one that resulted in many cryptos tanking. While most have resumed recovery since, Ethereum has been especially quick in regaining its losses, far outpacing Bitcoin‘s growth. Advertisements However, with the altcoin still stuck below $5000, the ultimate goal […]

Ethereum gained pace above the $4,250 resistance zone against the US Dollar. ETH must stay above $4,150 to accelerate higher in the near term. Advertisements Ethereum started a recovery wave above the $4,000 and $4,250 resistance levels. The price is now trading above $4,150 and the 100 hourly simple moving average. There was a break […]

Advertisements Ethereum risks dropping to $3,200 as its latest ETH price decline triggers a classic bearish setup. Ethereum’s native token Ether (ETH) looks poised to extend its selloff this week as it wobbles near a key support level of $4,000. ETH price dropped by over 5.50% on Dec. 6 to an intraday low at $3,913. […]