Ethereum Watch

Ethereum‘s price movement since the start of June has triggered various alterations in the market. On-chain metrics were evidently indicating various trends but some of them had peculiar differences. Advertisements Source: Skew Glassnode’s recent chart brought everyone’s attention to the recent increase in Ethereum price as a percentage of Bitcoin’s price. At the moment, Ethereum […]

Advertisements The Ethereum network has become highly congested since the end of April, leading some to entertain a gas limit or block size increase. Continuing congestion on the Ethereum (ETH) network has led some developers and community members to call for increasing the gas limit, which defines its transaction throughput. Data from Etherscan shows that […]

Ethereum witnessed a turbulent start in June 2020. Advertisements Over the past 4 days, the second-largest token has reached as high as $253 in the charts but registered a massive pullback to $225 within 5 hours. On-chain metrics were reacting to such turbulence and the level of activity in terms of movement was significant. Source: […]

The month of May was filled with volatility as the price of Bitcoin kept swinging constantly. Despite the sell-off in the market, the value of BTC remained above the $9k resistance. While the first day of June turned into large support by traders as the coin breached $10k, however, as the pump was not supported […]

After breaking out past $250 on June 1st, Ethereum saw a harsh rejection on June 2nd. The asset fell from over $250 to $225 in a matter of minutes, crushed as Bitcoin slipped by a similar amount on top exchanges.Despite this strong drop, analysts assert that bulls still remain in control of the asset.Related Reading: Crypto […]

March witnessed a rather flat month with respect to the institutional capital as volumes across the derivatives platforms stagnated. The following month saw interest surging to an unprecedented level with big institutional platforms such as Bakkt and CME breaking previous records and marking new all-time highs. Advertisements In a recent development, the cryptocurrency fund investment […]

In what was yet another example of the cryptocurrency market’s inherent volatility, Bitcoin, the world’s premier cryptocurrency, sharply fell within a few hours after a brief period when it breached its psychological resistance at $10,000. However, while many in the community did expect corrections to come, the general mood remains one of optimism. Advertisements Source: […]

Advertisements Ethereum, and it’s prodigal co-founder Vitalik Buterin continue hitting the headlines. That’s no surprise with the much-heralded upcoming launch of Ethereum 2.0 (ETH 2.0). ETH 2.0 represents a new blockchain concept innovating in the cryptocurrency space. Ethereum 2.0 – a New Way Forward? The fundamental change for ETH 2.0 involves a move away from […]

Advertisements The Bitcoin community is certainly no stranger to sudden price drops that are very rapid, deep, and volatile. However, the plunge that brought the alpha cryptocurrency down by some $800 in as little as five minutes yesterday came as a rude shock to many traders who were virtually left stranded on the wrong side […]

As of June 1st, Ethereum was up 25% in the past week alone. But right on cue, the cryptocurrency market saw a harsh correction on Tuesday morning that wiped out the gains seen on Monday.Bitcoin crashed $1,500 in three minutes on BitMEX, while other cryptocurrencies such as ETH experienced losses in their own markets. This […]