Ethereum Watch

Advertisements Quick take: Ethereum’s correlation to Bitcoin has been dropping since the DeFi boom of Q3 The progress of ETH2.0 has further accelerated this A drop in Ethereum’s correlation to Bitcoin hints of an altseason The weekly ETH/BTC chart is bullish and is another clear indicator of a pending altseason Ethereum’s correlation to Bitcoin has […]

Few altcoins have performed better in 2020 than Ethereum. The second-ranked cryptocurrency is up well over 200% on the year, and from the Black Thursday bottom to the 2020 high, Ethereum rose over 400%. Advertisements Momentum looks to be behind bulls, however, an ominous signal just triggered on ETHUSD weekly price charts. The signal could […]

Ethereum has been leading the cryptocurrency market higher, helping to push Bitcoin through $10,000 and restart the overall market bull run. Advertisements But before new highs are set, the smart money indicator is hinting that a strong reversal is coming, and already may be underway. Ethereum Carries Crypto Market Higher, Helps Bitcoin Push Through Critical […]

The cryptocurrency market saw a lot of its momentum evaporating after many of its coins underwent corrections on the charts after a brief upside. At the time of writing, the collective market cap had fallen to $262.45 billion, while Bitcoin’s dominance stood at 64.5%. As Bitcoin’s price slid to $9,189 at the time of writing, […]

Disclaimer: The following price prediction should materialize in the next 24-48 hours. Advertisements As the collective market underwent a bearish pullback, Ethereum’s price dropped below its support at $233 for the first time since 18th June. Although the coin attempted to sustain a position above $233, the selling pressure brought down the asset under the […]

In a development that once again diminished some of the optimism around the cryptocurrency market’s future, Bitcoin, the word’s premier cryptocurrency, fell again on the charts. In fact, Bitcoin fell by over 5% in 20 hours, with the severity of the descent having a grave effect on the values of the market’s altcoins too, including […]

Ethereum’s DeFi space has been extremely lively over the past few days. The present set of events was triggered after it was reported that Compound had overtaken MakerDAO as the most staked asset on DeFi. At press time, the Total Value Locked (TVL) in DeFi for Compound was around $572 million, whereas MakerDAO remained second […]

Ethereum proponents are experiencing something similar to the days of the ICO bubble as Compound’s COMP token makes headlines. Additionally, the launch of ETH 2.0 has also increased interest in the largest altcoin. At press time, ETH saw a surge of 1.25% in the last 24 hours. However, the token’s price has appreciated by 3.75% […]

As Bitcoin continues to trudge between the $9,500 and $10,000 range, altcoins prospects may be bolstered. The king coin’s stability off-late may have irked investors but for the top-ranking coins in the market, this stability means more time at the coattails of Bitcoin. Advertisements This sideways BTC movement, persisting for the better part of a […]

The past week wasn’t particularly positive for most altcoins in the market. Bitcoin exhibited increased volatility with its price dipping under the $9500 mark. Currently, Bitcoin is being traded at $9379 and has registered a 24-hour trading volume of $8.1 billion. Advertisements Source: CoinStats Advertisements This bearish momentum, as always, did influence the way prominent […]