Ethereum Watch

“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 […]

After registering a yearly high of $289 on 14th Feb, Ethereum’s valuation has dropped under key supports levels at $279, $255 and $229 over the past two weeks. Consecutive slip-ups on 15th, 19th, and 24th February led to a slump of 26 percent, with the price stooping as low as $211. Advertisements At press time, […]

Ethereum, like Bitcoin, is stuck with its price trying to decide which way to move. The brutal sell-off that began on February 24 ended with most altcoins dead in the water. ETH rose 126% since 2020, however, it shed 23% of that surge in under 14 days. Advertisements Similar to most altcoins, Ethereum is undergoing […]

In the crypto-verse, Bitcoin continues to be a dominant force, followed by Ethereum (ETH). At press time, Ethereum had a market cap of $25 billion, a figure which was easily dwarfed by Bitcoin’s. However, Ethereum does dwarf Ethereum Classic, with the former’s market cap over 26 times that of the latter. Advertisements A recent blog […]

Grayscale’s Ethereum Trust [ETHE] made headlines on 27 February after its premium rates hit a high of 465 percent for the ETHE holdings worth only around $21.29 per share, at that time. As previously reported, many have speculated that a surge in premium could have been due to increasing institutional demand, in spite of the […]

Ethereum aka the world computer is considered to be the leader of altcoins; partly due to its emergence as a top altcoin and partly due to its popularity. However, even with its massive market cap and popularity, it can’t seem to get away from Bitcoin’s crash. Advertisements At press time, Ethereum’s triple top had been […]

The addition of the Futures market for cryptocurrencies has allowed many investors on the sidelines to jump into the field. Perhaps, the first perpetual contract by BitMEX started it all. Now, as of 2020, there are multiple exchanges offering such products, including Binance, FTX, and Deribit, etc. Advertisements These products have clearly contributed to the […]

With so much innovation going on in the space, DeFi has become a big rising star over the years. In a more recent milestone, DeFi apps on the Ethereum network hit an all-time high of $1.21 billion on 15 February. And while it has had its problems, given its short history, maybe hiccups are merely […]

A new investor entering the digital asset market right now, without any prior information of the industry, may potentially be inclined towards Ethereum. The second-largest crypto-asset has risen by 106.44 percent in 2020, outshining the likes of Bitcoin and the rest. Although the price has been slightly bearish over the past two weeks, the overall […]

Ethereum‘s 12.43 percent drop on 19 February led to an unexpected slump from $283.82, all the way down to $252.14. Major support levels at $274.81, $270.84, $262.10, all turned to become resistance for a brief period. The pullback continued till 12:00 UTC on 20 February, after which the price underwent some recovery. Advertisements According to […]