Ethereum Watch

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 […]

May 2020 can be identified as a month of two halves. Advertisements During the start of the month, the bullish narrative surrounding Bitcoin was tremendous. The world’s largest digital asset had recovered a majority of its losses suffered during the month of March and April, setting the crypto-asset up for a pre or post-halving pump. […]

Disclaimer: This analysis will be attempting to foresee changes in Ethereum’s price charts up to the 3rd week of June.  Advertisements The last 7 days have been rather exciting for Ethereum, with the world’s 2nd largest digital asset continuing to outperform Bitcoin on a weekly basis. In fact, the crypto-asset spiked by 26.15 percent between […]

Ethereum and Cardano are two of the ecosystem’s most prominent blockchains, with both blockchains slated to undergo a transition in their underlying consensus mechanisms. Advertisements For Cardano, it has been quite an interesting year. The Charles Hoskinson-led ecosystem has been credited for its development activity in the past and as it neared a crucial transition […]

Altcoins have always exhibited a strong correlation with Bitcoin and tend to follow its price movement religiously. Since the start of the month altcoins once again seemed to have followed Bitcoin’s slight downward trend. Advertisements Source: Coinstats Advertisements At press time, Bitcoin was being traded at $9667 and had registered a 24-hour volume of $7.8 […]

The usual norm for the crypto-market is that altcoins follow the lead of Bitcoin, the world’s largest cryptocurrency. That is the case at the time of writing as well, owing to not only BTC’s significant market share, but the alts’ correlation with it as well. However, the effect of the same was inconsistent across the […]

The month of May was filled with volatility as the price of Bitcoin kept swinging constantly. Despite the sell-off in the market, the value of BTC remained above the $9k resistance. While the first day of June turned into large support by traders as the coin breached $10k, however, as the pump was not supported […]

In what was yet another example of the cryptocurrency market’s inherent volatility, Bitcoin, the world’s premier cryptocurrency, sharply fell within a few hours after a brief period when it breached its psychological resistance at $10,000. However, while many in the community did expect corrections to come, the general mood remains one of optimism. Advertisements Source: […]

As May concluded, the cryptocurrency market took a sigh of relief as it was able to close on a positive note. The fifth month of the year saw volatility creep back into the market, contributing to drastic changes in the trading activities of the industry’s users. Similarly, the sudden push in Bitcoin’s price provided a […]

Bitcoin’s price recently bounced off the crucial $9,500-support which drove the collective cryptocurrency market to a mild upswing. The market cap for the coin rose to $269.5 billion while Bitcoin’s dominance at 65.2%. Following this, many altcoins were observed to be showing significant strength. Advertisements Source: CoinStats Advertisements Ethereum: Source: ETH/USD on TradingView Despite delays […]