Ethereum Watch

Ethereum is recovering from the $225 support against the US Dollar. ETH price is now trading near the $230 level ad it seems like there are chances of more gains if it breaks the 100 SMA (H4). Advertisements ETH price is slowly gathering pace from the key $225 support area against the US Dollar. It […]

Ethereum is home to a plethora of tokens due to its functionality and has also led to the rise of DeFi. While total value locked in Decentralized Finance reached a new high of $1.2 billion, ETH is dropping in value. At press time, the ETH token is worth $229.54 and has a market cap of […]

The effects of Bitcoin’s dramatic fall on the charts on June 11 are still being felt across the cryptocurrency market as it stalled much of the momentum that was being used to drive the value of BTC and the market’s alts upwards. At press time, however, the world’s largest cryptocurrency was readying itself for another […]

The development of a ‘hype circle’ is infectious in the digital asset industry and most of the time, a majority of the users tend to join the bandwagon. A similar situation is presently transpiring with respect to Ethereum and its ETH 2.0 plans, with many people now flocking towards the ecosystem with genuine optimism. Advertisements […]

Disclaimer: This article attempts to analyze Ethereum’s price movement leading up to a potential breakout in the first week of July.  Advertisements Ethereum has been one of the best performing cryptocurrencies this year. After facing a couple of bearish days, Ethereum has once again started consolidating above the $230-mark. After surging by 3.19% over the […]

Disclaimer: This article attempts to determine the price action of Ethereum on the 15th of June. Advertisements Ethereum dropped by 5.26% over the last 24-hours owing to another downside market correction. Despite multiple attempts to break above the $250-mark, the largest altcoin has so far failed to break that barrier. The two consequent pullbacks have […]

With Bitcoin not budging above $9,500, the rest of the cryptocurrency market has taken a breather. As some altcoins have managed to stay relatively calm, others have deviated from their ongoing positions and are slumping. Ethereum, the largest alt in the market has constantly hit resistance after resistance, while Chainlink and Tezos are feeling a […]

Key Takeaways DeFi tokens have performed extremely well in 2020, with LEND, BNT, LINK, and KNC leading the way. Balancer’s liquidity mining initiative proves that tokens are vital in creating incentives. Governance tokens will grow along with protocols, as they effectively control the direction the protocol takes. There are risks to using governance tokens to […]

Disclaimer: The following price prediction should materialize within the next 24-48 hours. Advertisements After testing the waters above $250 on 11th June 11:00 UTC, Ethereum faced a drastic turn of events, that might not have appeased its proponents. In a period of 14-hours, Ethereum’s valuation dropped all the way down to $225 from $251. The […]

2017’s bull run forced the traditional market to take notice of Bitcoin but it was the overall development of the Bitcoin futures market over the past two years, which bolstered Bitcoin’s credibility in the financial industry. Advertisements The digital asset landscape would have been completely different without the involvement of the derivatives market. In order […]