Ethereum Watch

Disclaimer: This article attempts to determine the price action of Ethereum on the 15th of June. Advertisements Ethereum dropped by 5.26% over the last 24-hours owing to another downside market correction. Despite multiple attempts to break above the $250-mark, the largest altcoin has so far failed to break that barrier. The two consequent pullbacks have […]

Over the past couple of months, Ethereum has witnessed strong network fundamentals indicating a positive sentiment as it neared its biggest transition. In another milestone for the coin, Ethereum gas usage was currently at an all-time high. This was noted by the crypto-analytic firm, Glassnode, which further revealed that there was an increase of 58% […]

Ethereum’s price action in recent times has been lackluster to say the least, as it has been closely tracking that of Bitcoin as it trades within a wide and long-held range. Advertisements It does not appear that this is emblematic of the cryptocurrency’s long-term outlook, however, as one prominent venture capitalist is now noting that […]

Advertisements Open interest on Ethereum options contracts surged 315% to $158 million, but are investors using derivatives for bullish or bearish positions? Ether (ETH) options were launched over a year ago at Deribit derivatives exchange but they have only recently gained traction. Open interest is the main gauge for derivative contracts activity, and on Ether […]

Advertisements In brief: Ethereum held the $228 support zone earlier this week when Bitcoin dropped to $9,110. With BTC exhibiting bearish signs, a drop could cause Ethereum to break this support zone. Once broken, the 50-day moving average provides adequate support at around $218. Ethereum is still holding its own in the crypto markets ahead […]

Only days after nearly $2.7 million in Ethereum transaction fee was levied on a transaction worth about $130, or 0.0048 percent of the fee, the trading volume for the largest altcoin has dropped to a three-month low. While correlation does not equate causation, it comes at a time when the price of Ether is primed […]

Advertisements While a minimum stake of 32 ETH is needed to become a validator on Ethereum 2.0, staking pools and services make the participation possible for everyone. As the Ethereum 2.0 upgrade approaches, users have been showing an increasing interest in the staking process, which would allow them to make a passive income by validating […]

For the world’s top two cryptocurrencies Bitcoin and Ethereum, this year has been quite significant. While Bitcoin underwent its third halving, Ethereum is soon to transition to ETH 2.0 that will move away from the Proof of Work consensus algorithm to the much-anticipated Proof of Stake system. For BTC and ETH, these changes are likely […]

With Bitcoin not budging above $9,500, the rest of the cryptocurrency market has taken a breather. As some altcoins have managed to stay relatively calm, others have deviated from their ongoing positions and are slumping. Ethereum, the largest alt in the market has constantly hit resistance after resistance, while Chainlink and Tezos are feeling a […]

Despite maintaining a close call with Bitcoin, Ethereum has so far outperformed the benchmark cryptocurrency in the two quarters of 2020. This was also evident when the world’s largest altcoin bounced back, before testing any crucial support, following the latest market dip. It would seem thus, that Ethereum is well on its way towards recuperating […]