Ethereum Watch

Advertisements Consolidation from Bitcoin would allow Ethereum to double bottom in its BTC pair and possibly breakout from the ascending channel in its USDT pair. In the past week, altcoins prices received a significant haircut, and investors who were light on Bitcoin (BTC) saw their portfolio value take a hit.  Initially, Ether (ETH) price followed […]

Ethereum is in the process of trying to reclaim its key $380 support level following a brief dip below it earlier today. Advertisements The cryptocurrency has been struggling to gain any momentum despite the intense strength seen by Bitcoin as of late, which is currently grinding up towards its key resistance at $13,800 as buyers […]

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Advertisements With a market cap now over $1.5 billion, Wrapped Bitcoin (WBTC) makes up 80% of the total BTC held on Ethereum. Wrapped Bitcoin (WBTC) reached all-time highs today in terms of market capitalization and number of tokens. WBTC is the most popular version of Bitcoin tokenized for use on the Ethereum network. According to […]

Advertisements Despite $40 million in Ethereum options expiring on Friday, multiple indicators favor bulls as ETH 2.0 approaches. In the last few days Bitcoin (BTC) price rallied within a hair of the $14,000 level and Ether (ETH) followed with a similarly strong performance but the altcoin failed to hold above the $400 physiological support.  Bitcoin […]

Advertisements Summary: 26.81 million Ethereum is held on centralized exchanges This is 23.7% of Ethereum’s circulating supply Majority of the ETH is held at Coinbase, Bitfinex and Huobi Ethereum is once again above $390 and looking ready to attempt $400 once again The amount of Ethereum held on centralized exchanges currently stands at 26.81 million […]

Ethereum and the entire crypto market have struggled to gain any serious momentum as of late, with BTC’s rejection at $13,800 striking a blow to the aggregated market. Advertisements The waning momentum has been particularly impactful for Ethereum, as it has compounded the weakness that has come about due to its severe underperformance seen as […]

Advertisements Quick take: CZ has clarified once again that the Binance Smart Chain is not a replacement or killer of Ethereum He believes ETH2.0 will be awesome when launched and BSC is more like ETH1.8  Transactions on the Binance Smart Chain are 100% backward compatible, faster and have lower fees when compared to Ethereum According […]

Ethereum could be on the cusp of seeing a strong push higher in the near-term despite its recent weakness. Advertisements Over the past 24-hours, the cryptocurrency has seen some intense weakness, with the lack of intense buying pressure at $400 opening the gates for intense downside after Bitcoin saw a sharp selloff. ETH is now […]

Advertisements Summary: Bitcoin has corrected hard to $13k after setting a 2020 peak of $13,858 Bitcoin dropping hard could signal the end of its bullishness at least in 2020 If history is to go by, Bitcoin correcting might provide some room for  Ethereum and altcoins to thrive as witnessed in the 2017/2018 bull market season […]