Ethereum Watch

Ethereum is consolidating gains above the $170 and $165 support levels against the US Dollar. ETH price is likely setting up for another leg higher over the $175 resistance area.Ethereum is showing a few positive signs above the $170 support level.The price could gain bullish momentum once it clears the $175 resistance area.There is a […]

All of a sudden, every digital asset has a narrative in the industry. Advertisements To no one’s surprise, Bitcoin registered a number of fundamental changes after the crash in March. However, what may have come as a surprise to many is the significant activity on the stablecoins front. With price volatility spiking through the roof […]

The larger altcoin market noted a rising uptrend on 6 April, with the uptrend in question allowing many such alts to enjoy much-needed market momentum. Advertisements Ethereum [ETH] Source: ETH/USD on Trading View Advertisements The second-largest coin in the crypto-market, Ethereum [ETH] has recorded 29.78% in returns since the beginning of 2020. The recent, unexpected […]

After a rally in the initial days of the month, minor corrections have brought the digital asset industry down over the past 24-hours. Ethereum, Cosmos, and Qtum, were among the altcoins that recorded such movement, with all of them depreciating uniformly. Advertisements Ethereum Source: ETH/USD on TradingView Advertisements After hiking by 8 percent over the […]

Leading altcoins like Ethereum, XRP, and Monero, or any other top 50 altcoins for that matter, have all been facing a similar price movement over the past couple of days. 22 days since ‘Black Thursday,’ the after-effects are still being felt, with many altcoins signaling a highly volatile period in the near future. Advertisements Ethereum […]

As seen in the chart attached below, the exchange token FTT by FTX exchange is performing far better than the altcoin king, ETH, and Synthetix token. However, following FTT is Ethereum, with its relative performance at 2.55% while SNX continues to lag behind both of these by 46%. Advertisements Source: TradingView Synthetix Advertisements Source: SNXUSD […]

The MakerDAO’s auction of MKR tokens raised over $5.3 million to negate the Dai deficit caused by “Black Thursday.” Despite a successful auction, Maker still faces a challenging road ahead to regain users’ trust after the March carnage. Advertisements Two Buyers Restore Dai Deficit After concluding the auction, the MakerDAO has raised enough money to […]

Over the course of 90 days, Ethereum, the king of altcoins has managed to stay relative. The performance of Ethereum over the last 90 days has been considerably better than other altcoins like Dogecoin and Decred. Advertisements Decred is the worst performing asset in comparison with ETH and Doge with its price suffering a dip […]

Ethereum failed to clear the $142 resistance and started a fresh decline against the US Dollar, similar to bitcoin. ETH price could soon test the main $120 support area, where the bulls might emerge.ETH price is currently trading in a bearish zone below the $135 level against the US Dollar.There are many hurdles on the […]

Slowly but steadily, “complex” smart contract transactions are overtaking standard Ethereum transactions. As these transactions need more gas to execute, the network risks becoming much more expensive as it makes room for DeFi operations. Advertisements DeFi Slowly Competing with Value Transfer According to Ganesh Swami, CEO of Covalent, Ethereum transactions can be classified into three […]