Ethereum Watch

Advertisements The CEO of Pantera Capital has pointed out that EIP1559 will make Ethereum a more deflationary asset than Bitcoin He believes Ethereum is undergoing a market re-rating for EIP 1559 and proof of stake The ratio of Ethereum’s market cap to Bitcoin’s has doubled in the last year Ethereum will keep gaining due to […]

Anime — the Japanese form of animation is a popular form of entertainment across the world. It commands a huge fan following and a dominating market share in the global animation market. The growing popularity has also created a demand for Anime collectibles.  Amid the rising demand, Project Senpai introduces an equally popular asset form […]

Advertisements Glassnode data reveals that the number of Ethereum addresses holding at least 32 ETH has declined steadily in recent months. The number of Ethereum addresses that hold more than or equal to 32 Ether (ETH) has been declining, pointing at a possible lack of interest among traders and investors to become “full validators” for […]

Advertisements Arthur Hayes gives Ethereum a 30% chance at flippening Bitcoin The number one mission of Ethereum is to power the world’s largest computer EIP1559 will be pivotal in increasing the value of Ethereum by introducing a ‘fee burn’ Flippening is also hinged on an exponential growth in DeFi leading to more fees being spent […]

Advertisements It seems the low funding rate on ETH futures contracts and the recent 96% rally are not enough to convince traders to buy the Ethereum price dip. Cryptocurrency price corrected sharply today, including Ether (ETH), but this is a short-term move which is not reflective of the more macro-level events which still paint a […]

Advertisements Timothy Peterson has forecasted that Ethereum could close the month of May at a value of between $3,500 and $6,200 His analysis is based on ETH’s seasonal trend of performing well in the first half of the year $4.6k is a possible mid-point value for the monthly close with the higher range of $6.2k […]

Advertisements Several altcoins managed to escape the Bitcoin Tesla FUD. Bitcoin (BTC) and altcoins’ markets lost a combined total of up to $602 billion overnight in a shocker brought forth by Elon Musk. The billionaire entrepreneur did an about-turn on his decision to accept Bitcoin for the electric vehicles offered by his company Tesla. He […]

Ethereum started a major decline from well above $4,000 against the US Dollar. ETH price is now correcting losses from $3,500, but it could struggle near $4,050 and $4,100. Advertisements Ethereum topped near the $4,375 before staring a downside correction. The price declined heavily below $4,000 and the 100 hourly simple moving average. There was […]

Advertisements ETH/BTC pair is hovering at levels last seen during the 2017/2018 bull market According to PlanB, Ethereum at current levels of 0.08 BTC could open the doors to 0.12 BTC He however cautions that a pullback is usually the next phase after an altcoin peaks against Bitcoin An increase in Ethereum withdrawals from exchanges […]

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