Ethereum Watch

Layer 2 protocols aimed at bringing scalability to the ever-congested Ethereum network have been stealing the crypto show ever since the DeFi summer last year. One platform that especially stood out was Polygon, which has become a go-to for many to for many DeFi proponents looking for low fees and high speed on their transactions. […]

Following the king coin’s footsteps, ETH oscillated in an up-channel (reversal pattern) whilst trying to retest the $2,550-level. Further, Dogecoin also formed a reversal pattern after displaying a decent recovery. But it lacked trend-altering volumes. Advertisements On the other hand, Waves saw a noteworthy breakout and pulled back from the $11-mark.  Ether (ETH) Source: TradingView, […]

Ethereum accumulation patterns have pointed towards bullish trends. Whales, as well as small investors, have started to fill up their bags with the altcoin after the crash that brought it down to the $2,100 level. This time around, it is smallholders going on an accumulation spree as the number of wallets holding at least 1 […]

Key Takeaways A new SEC proposal looking to expand the definition of a securities exchange could threaten DeFi. The proposal aims to broaden the definition of an exchange to any system allowing buyers and sellers to communicate their securities trading interest. If enacted, the proposal would likely make it impossible for decentralized exchanges to comply […]

Advertisements The hash rate surpassed 1.11 PH/s for the first time ever, breaking the previous high of 1.08 PH/s set on Jan. 13. Over the previous year, Ether (ETH) has increased in value to the point that it significantly outperformed Bitcoin (BTC) in terms of returns. The rise of Ethereum has made mining on its […]

Advertisements ETH bulls will need to keep searching for positive news, especially as bears apply extra pressure ahead of Friday’s $1.1 billion monthly options expiry. Ether (ETH) price tumbled below the $3,000 support on Jan. 21 as regulatory uncertainty continues to weigh down the sector and rumors that the United States Securities and Exchange Commission […]

Ethereum crumbled with the market during the last crash and is yet to recover to previous levels. The crash was characterized by sell-offs and liquidations from all angles, which continued even when the price dumped further. Fear of a bear market sparked this as investors wanted to get out before the price fell further. But […]

Despite the fact that a bear market might be taking over, fund managers remain hopeful about the crypto-space in the long-term. In fact, the most recent report by Cathie Woods’ ARK Investments has claimed that both Bitcoin and Ethereum have trillion-dollar futures lying ahead, owing to their continued growth in utility. Advertisements Hope for Ethereum […]

Advertisements Co-founder of NEAR Protocol, Illia Polosukhin, lays out his vision for Web3 and explains why Ethereum may not play a prominent role in its foundation. Illia Polosukhin, the co-founder of NEAR protocol, thinks Ethereum development has a focus problem. He says engineers should be fixing crucial issues that will enable Web3 to scale to […]

Advertisements ETH price appears to be bottoming but analysts are watching for $2,850 to flip from resistance to support before calling a bullish reversal. The dire predictions calling for the onset of an extended bear market may have been premature as prices appear to be in recovery mode on Jan. 26 following a signal from […]