Ethereum Watch

It’s been a rough past week for the collective digital asset market, with Ethereum emerging as one of the worst affected assets in the industry. Advertisements At press time, Ethereum was valued at $118.51 after collapsing from above the $200 range in less than a week. Source: Coinstats Advertisements Despite such a devastating turn of […]

For Ethereum, the world’s second-largest cryptocurrency, finance seems to be the most important use case. Decentralized finance (DeFi) powered by Ethereum’s smart contract blockchain can provide valuable benefits to those who currently do not have access to traditional forms of finance. However, with suspicion regarding the degree of decentralization that has been achieved so far, […]

Decentralization is by far one of the most radical ideas ever to be introduced into the world of finance. In light of serious flaws, where money and power are centered around a handful of institutions, such an approach can be extremely redemptive. While the inception of Bitcoin made ideas surrounding decentralization fairly mainstream, the second-largest […]

Ethereum has been one of the worst affected coins following Bitcoin’s massive crash over 12-13th March. In fact, the altcoin briefly touched its December 2018 lows after trading at a 2020-high of $280 in January. Advertisements The falling wedge pattern took shape from late-August 2019 to December 2019. This bullish pattern resulted in the coin […]

The market bloodbath on 12 March not only had ripple effects across the industry, but left a lot of people questioning the crypto-industry’s fate. In fact, as a consequence of the crypto-market’s fall over 12-13th March, major platforms associated with digital assets registered terrible setbacks. Advertisements Ethereum’s DeFi platform was hit particularly hard. Source: DeFi […]

Ethereum whales are in the news again after data suggested that these parties were accumulating in the first week of March. In fact, according to blockchain data analysis firm Santiment, the top holders of Ethereum started to accumulate their bags a few weeks back. Some had also speculated that such behavior was a result of […]

The cryptocurrency market has been on a downward spiral over the past couple of weeks. Not only was the correlation between the crypto-market and global instability better highlighted, but recent events have also contributed to the total market cap falling by $21 billion within hours. With Bitcoin reacting to such events, the tag of “uncorrelated […]

The cryptocurrency market has made great progress since the conception of Bitcoin in 2009. Crypto-traders in the market have seen the market at its best and its worst, opting to look at the positives and march on. The growth in crypto-use has been multifold over the decade and the same was reflected when aggregate transactions […]

Ethereum was down by over 10% in the last 24 hours. The latest plunge propelled the coin to break well below its key support point of $248. Advertisements The coin stood at a value of $206.3 while holding a market cap for $22.7 billion and a 24-hour trading volume of $22.9 billion. Ethereum 4-hour Chart: […]

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 […]