Ethereum Watch

Ethereum has been considerably bullish since the start of March as the world’s 2nd largest crypto-asset appeared to marginally break away from its bearish rally. Ethereum was valued at $232, at press time, while its market cap remained just above $25 billion. ETH’s 24-hour trading volume was $17.39 billion, according to CoinMarketCap. Advertisements Source: Coinstats […]

The sudden change in market sentiment pumped the price of Bitcoin over its psychological $9k barrier and like the pied piper it is, the rest of the crypto-market followed its lead. Ethereum [ETH], the second-largest cryptocurrency in the market, also noted a tremendous rise in its price on 5 March. The valuation of the coin […]

After updating and migrating the DAI stablecoin from its previous form to its latest iteration, Multi Collateral DAI, Maker has conducted the first major token upgrade, proving that token migrations don’t have to be cumbersome.  Advertisements From SAI to DAI The introduction of Multi Collateral DAI (MCD) sparked life to a new concept of protocol […]

Advertisements Microsoft, ConsySys and EY have launched Baseline, an open-source smart contract and tokenization protocol for enterprises on the Ethereum Mainnet. Global taxation and transaction advisory firm EY have announced the launch of their open-source Baseline protocol.  Baseline comprises a smart contract and tokenization platform built for enterprises on top of the Ethereum blockchain. Baseline […]

Ethereum is consolidating above the $220 support area against the US Dollar. ETH price is likely start a major upward move above the $228 and $235 resistance levels.Ethereum is forming a nice bullish formation above the $220 support area against the US Dollar.The price is likely to start a major rally once it settles above […]

Advertisements Several reports have been released in recent months suggesting that financial institutions are moving towards a cashless society — one built on top of decentralized technologies and central bank digital currencies. In addition to the fact that several countries are releasing their own Central Bank Digital Currencies (CBDCs), banks are also considering simply implementing […]

Advertisements There has always been a lot of tribalism in the cryptocurrency industry, especially when it comes to consensus methods. Power-hungry proof-of-work protocols are slowly being replaced by proof-of-stake (Pos) by many major digital currency platforms — but this too is not without its own set of potential drawbacks. Recent studies have delved into the […]

Consequences of the bearish rally over the last week of February have caught up with a multitude of major digital assets across the industry. Advertisements According to Coinmetrics’ latest State of the Network report, the CM Bletchley Indexes were negative for all the major coins, including major assets like Bitcoin and Ethereum. Surprisingly, Bitcoin was […]

The stock market just had its worst one-week correction since the global economic recession, with Bitcoin and gold falling in tandem.Is the fact that these once uncorrelated assets are suddenly all collapsing together in unison a signal that a greater global economic meltdown is on the horizon?As the Stock Market Crashes, Bitcoin and Gold FollowGlobal […]

“ETH is money” is a prominent narrative that has taken over the ecosystem over the past few months. With the significance of DeFi taking new forms over the past few months, it was recently found that over $1 billion in terms of ETH had been locked-in in active contracts. Advertisements While the ETH blockchain is […]