Ethereum Watch

At the time of writing, everyone’s attention has been focused on Bitcoin crossing $8k. An important breach indeed but changes facilitating around Bitcoin’s ecosystem did not scream a lot of activity. Advertisements Source: Skew Ironically, BitMEX XBTUSD Open Interest in terms of BTC has dropped over the past 12 hours and the OI in terms […]

Ethereum, like most other major altcoins, has seen some intense upwards momentum today that has allowed the cryptocurrency to significantly extend its recent uptrend as it begins showing signs of going parabolic again.This latest move has allowed the crypto to nearly invalidate a previously bearish technical formation that it was caught within, leading analysts to […]

Ethereum has been one of the better-performing assets among major cryptos. The second-largest crypto has recorded 45% in gains in 2020 and has been striding upwards for the sixth consecutive week. As the coin’s value escalated to $208, at press time, ETH derivatives have been recording immense growth in momentum. Advertisements According to the data […]

Advertisements OkEx joins ETH 2.0 Topaz testnet as a validator, as multiple companies race to develop a Phase 0 client before end of 2020. OkEx Pool, the staking arm of the OkEx conglomerate, announced that it has joined an Ethereum 2.0 testnet as a Proof-of-Stake validator. As revealed by its April 29 blog entry, OkEx […]

Advertisements A manual audit of Ethereum’s top 10,000 wallet addresses suggests an incredibly bullish outlook for the transition to Proof-of-Stake. Adam Cochran, the analyst who predicts Ethereum 2.0 staking will cause a new bull run, released a 109-strong Tweetstorm on April 29, revealing his findings from a manual audit of Ethereum’s 10,000 fattest wallets. The […]

Ethereum has seen a substantial improvement in its price as it followed a strong uptrend. Notably, Ethereum 2.0, which aims to transition from a Proof-of-Work consensus protocol to a Proof-of-Stake, has attracted significant traction. As market participants continued to grow in the ETH ecosystem, it was found that the number of active validators for the […]

Advertisements Bitcoin resumed its upward momentum Wednesday as the price inched closer towards $8,000. The benchmark cryptocurrency closed the day above the key resistance area around $7,800. While $8,000 remains untouched during the current rally, optimistic traders believe that a new bull run could be in the cards, especially considering that the BTC price currently […]

Advertisements Recent data on the cryptocurrency derivatives market indicates that there is still steady growth despite the economic crisis that the world is facing. Trading volume is up from 2019 and many entities are planning to bolster their infrastructure and services. TokenInsight’s most recent 22-page report indicates that, despite the economic fallout as a result […]

Ethereum has seen some immense bullishness today against Bitcoin, with the cryptocurrency firmly outperforming its peers as its buyers vie to shatter the resistance that has been firmly established around $198.This latest upside movement comes close on the heels of ETH’s recent rejection at this level, and its ability to rally while BTC consolidates seems […]

The Ethereum community, out of nowhere, had a lot to look up to over the past month. Advertisements After a forgettable March, a month when the valuation of ETH dropped down to the lower levels of $100, recent statistics now suggest that the demand for the world’s largest altcoin is still fairly evident. According to […]