Ethereum Watch

Advertisements Ethereum’s 3-month correlation with Bitcoin has hit a 10 month high The increased correlation comes after last month’s Bitcoin dip to $30k that shook the crypto-verse ETH/BTC daily chart hints of Ethereum attempting to break free from the influence of Bitcoin at least in the short term However, 0.08 BTC might prove to be […]

Ethereum is stable above the $2,500 support zone and the 100 hourly SMA against the US Dollar. ETH price is likely to rally if there is a clear break above $2,700. Advertisements Ethereum is trading in a positive zone above the $2,500 and $2,520 support levels. The price is now trading above $2,600 and the […]

Advertisements Ethereum traders are showing signs of impatience and doubt as Ethereum keeps ranging in the $2k price area $3k is proving elusive for Ethereum with $2,800 providing stiff resistance All eyes are on Ethereum’s London Upgrade in July which introduces EIP1559 Trader sentiment surrounding Ethereum has flipped to one of doubt, impatience, and exhaustion […]

Advertisements A confluence of technical and fundamental indicators suggests that Ether could maintain its monthly bullish outlook despite the latest price correction. As of June 1, Ether (ETH) has dipped more than 40% after establishing a record high of $4,384 in May. The major move downhill for the world’s second-largest cryptocurrency by market capitalization has […]

Key Takeaways Panther Protocol has raised over $8 million from over 140 investors for its privacy-focused DeFi solution. The protocol will allow users to mint 1:1 collateralized privacy-preserving synthetic assets. Leveraging zk-SNARKs, such assets obfuscate all the information involved in an on-chain trade. Share this article Panther Protocol, an end-to-end privacy protocol that can be […]

Advertisements Bitcoin and Ethereum transaction fees have declined down to $7.20 and 4.80 respectively. The transaction fees of Bitcoin and Ethereum have slumped to six-month lows as the markets cool after the recent crypto downturn. According to BitInfoCharts, the average price of performing a transaction using Bitcoin has fallen from an early-April all-time high of […]

Yao Qian, a member of The China Securities Regulatory Commission, presented a case where a possible Digital U.S. dollar and the Digital Yuan run on top of Ethereum’s network. The government official spoke on The International Financial Forum (IFF) 2021 in Beijing on May 30th. Advertisements The summit had the objective of discussing the post-pandemic […]

Advertisements Those with skin in the game are reiterating that comparing Bitcoin to Ethereum is a pointless and potentially costly exercise. Bitcoin (BTC) is at risk of a “flippening” from Ether (ETH), mainstream media claims as some familiar FUD — fear, uncertainty and doubt —returns to the spotlight. As BTC/USD continues to flag below $40,000, […]

Ethereum has followed Bitcoin‘s trajectory and has registered a new 10% correction in the daily chart. The top cryptocurrencies have suffered for the past week. Fear and uncertainty seem to be driving market participants. Advertisements At the time of writing, ETH trades at $2,270 with red across all charts. The cryptocurrency was rejected after it […]

Advertisements The number of Ethereum addresses holding 0.01+ ETH has hit a new all-time high of 15.71 million This is indicative of growth in the Ethereum ecosystem through use of ETH or holding as an investment Ethereum investors keep locking their funds in the ETH2.0 contract that now has 5.179M ETH Ethereum’s $2k is the […]