Ethereum Watch

Advertisements A transaction was recorded earlier today on the Ethereum blockchain with a fee of 656 ETH. The reason remains a mystery. With the market turmoil and fear sweeping the cryptocurrency market, some strange happenings have been recorded on the blockchain. Ethereum, for example, had a transaction earlier today which left many scratching their heads. […]

Ethereum, like all other major cryptocurrencies, saw an intense selloff yesterday that marked one its largest single day drops in percentage terms ever. This unprecedented movement came about alongside similar declines seen by Bitcoin and other cryptocurrencies.This intense downwards movement had devastating impacts on the DeFi ecosystem, with a plethora of collateralized positions being liquidated, […]

Advertisements Ethereum co-founder and founder of Cardano, Charles Hoskinson, pronounces the 20th-century world order dead. Ethereum co-founder and founder of Cardano, Charles Hoskinson, pronounced “the economic order of the 20th century” dead in a recent YouTube livestream.  By “the economic order of 20th century”, Hoskinson means a centralized hierarchical economy that was built through “a […]

As the cryptocurrency market crashed, flash loans on Aave Protocol helped some DeFi traders avoid liquidations worth 2,700 ETH, according to Emilio Frangella, a software engineer at Aave. Advertisements Flash loans on the platform surged from 6,786.02 ETH on Mar. 12 to 14,860.26 ETH at the time of press. Flash Loans Surge as Markets Tank  […]

Bitcoin’s massive fall on 12 March ignited a string of losses across all altcoin markets. The second-largest cryptocurrency, Ethereum [ETH] lost 25.65% of its value within three hours and was close to its January 2020 price. Due to the strong fall that engulfed the entire crypto-market, the gains reported by Ethereum in 2020 have been […]

Advertisements The recent crash in the cryptocurrency market followed the first big dip of the year that began at the end of February and sent many investors into the red. However, there are cases of savvy Ethereum whales who have managed to make a profit dumping their coins at opportune moments. Traditional markets, oil, and cryptocurrencies […]

A lack of bullish movement was evident in the digital asset industry over the past week, but it would be fair to say that the latest market collapse was expected by none. Advertisements Along with the rest of the industry, Ethereum’s price suffered a staggering drop of 18 percent in an hour and over the […]

Advertisements The cryptocurrency community isn’t buying a theory suggesting that a coronavirus-prompted recession will make Ethereum decentralized financial (DeFi) applications more popular. Investor Ryan Sean Adams made the case that efforts to mitigate the impact of an increasingly likely recession would create further confidence in Ethereum, driving DAI rates up and attracting “millions” of users. […]

Advertisements Gas prices on Ethereum have spiked to their highest level in more than a year. Prices tanking across the entire industry have investors rushing for the exits and driving the cost to use the network up. After a rocky week or so, cryptocurrency prices made some of their most dramatic moves to date today. […]

Ethereum, the second-largest cryptocurrency by market capitalization, plunged by a massive 35 percent on Thursday, logging its biggest decline in a day since the 2018 ICO bust.The ETH-to-dollar exchange rate fell from $195.64 to $126.28 in 30 minutes, following the leading cryptocurrency Bitcoin’s frenetic sell-off within the same timeframe. The implosive move downhill led Ethereum’s […]