Ethereum Watch

Advertisements Cryptocurrency exchanges continue to see significant Bitcoin (BTC) outflows since Black Thursday (mid-March 2020). Balances have reportedly declined by a staggering 12.7% year to date (YTD). This emerging trend of deposit displacement likely indicates a growing appreciation for Bitcoin as a haven asset. Meanwhile, the reverse is true for Ethereum as ETH deposits on […]

Spot exchanges have been suffering over the past couple of months, as underlined by the outflows generated in terms of Bitcoin. With investors looking out for another medium to acquire digital assets, no group of investors is currently paying more than the ones involved with Grayscale, especially the Grayscale Ethereum Trust. Advertisements Source: Grayscale Advertisements […]

Advertisements A number of Ethereum transfers have been made over the past 24 hours with excessively high transfer fees. This has resulted in a lot of speculation from the cryptocurrency community, who are quick to react when something is afoot. Two Ethereum transactions have been flagged for having massive transfer fees, which could be the […]

The world’s largest altcoin has been able to attract much of the crypto-community’s attention thanks to the upcoming Ethereum 2.0, after Bitcoin followed its much-anticipated third halving with a lackluster period. Advertisements Source: Glassnode Advertisements According to data released by Glassnode, Ethereum’s supply has seen yet another fundamental improvement in its charts. According to the […]

The DeFi news category was brought to you by Ampleforth, our preferred DeFi partner Advertisements Share this article Crypto exchange Coinbase could soon list the tokens of DeFi powerhouses like Aave, Bancor, Compound, and Synthetix. As one of the largest exchanges in North America, the move would benefit DeFi protocols across the sector. Integrating DeFi […]

This morning, Ethereum network fees surged to over $2.6 million in a single hour. The spike in the metric was primarily due to one actor sending just 0.55 ETH, but paying over $2.5 million in USD value to do so. Advertisements Was this a costly mistake this user crypto user won’t soon forget, or is […]

Advertisements Blockchain firm Prysmatic Labs announced the launch of a new test network of the Ethereum 2.0 blockchain. Blockchain firm Prysmatic Labs announced the launch of a new test network for the Ethereum 2.0 blockchain. According to a Wednesday announcement, Prysmatic Labs is launching the Onyx Ethereum 2.0 testnet — which represents an improvement over the […]

Ethereum network just witnessed the highest value of transaction fees being spent on a single transaction. According to an on-chain data provider, Ether scan noted that on block number 10237208, a transfer of 0.55 Ether which was worth $133.87, was transacted for a fee of 10,668.73185 ether or $2.596 million. Advertisements Source: Glassnode Advertisements This […]

2017’s bull run forced the traditional market to take notice of Bitcoin but it was the overall development of the Bitcoin futures market over the past two years, which bolstered Bitcoin’s credibility in the financial industry. Advertisements The digital asset landscape would have been completely different without the involvement of the derivatives market. In order […]

The collective market cap of the coins has been consolidating below $280 billion as Bitcoin’s dominance declined to 64.7%. After a minor surge of 0.77% over the last 24 hours, Bitcoin’s value was $9,770; altcoins however posted small surges as well. Advertisements Source: Coin Stats Advertisements Dogecoin [DOGE]: The 33rd largest coin, Dogecoin as per […]