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 […]

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 […]

The second-largest cryptocurrency, Ethereum has been pushing for higher gains. The accumulation pattern has been strong throughout the month which indicated that investors were anticipating a price surge in the near future as the ecosystem nears the launch of Ethereum 2.0. Advertisements Ethereum [ETH] 1-Day Chart: Advertisements Source: ETH/USD on TradingView Ethereum has been consistently […]

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 […]

Decentralized finance doesn’t seem so decentralized after all, especially when looking at token concentration. Key Takeaways 90% of the supply for most DeFi tokens is held in less than 10% of addresses. LINK is the least concentrated of the analyzed coins, as the token’s investor base expanded as it experienced price appreciation. MKR’s supply is […]

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 […]

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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: […]

Ethereum surged significantly over the last 24-hours, a movement that catapulted the altcoin’s price to $251.7, at the time of writing. While its recent gains weren’t enough to recover the losses incurred during the crash, the coin, however, might attract another bullish swing in the near-term. Advertisements Ethereum 1-Day Chart Advertisements Source: ETH/USD on TradingView […]

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 […]