Ethereum Watch

Altcoins faced the wrath of the market after Bitcoin slid from $9,000 to $4,000. This brutal dip in the value of Bitcoin came following the sudden correlation with the stock markets. However, for altcoins, such falls are usually due to their correlation with Bitcoin. Advertisements With Bitcoin being the most widely traded cryptocurrency [excluding stablecoins], […]

It has been close to 2 weeks since the market crash took place and since then, the charts of major assets have significantly stabilized. Ethereum continued to exhibit sideways movement between $123 and $135 but at press time, it remained just above the resistance at $135. Advertisements At press time, the market cap continued to […]

Ethereum is up around 10% and it traded above the key $130 resistance against the US Dollar. ETH price is likely to continue higher towards the $150 resistance if it clears $140.Ethereum is showing a few positive signs above the $135 level against the US Dollar.The price is now approaching the key $140 resistance area.There […]

Over the past week, Ethereum has been able to re-ignite some of the early year momentum. Hiking by almost 22 percent since 14th March, Ethereum’s market cap improved to $14.25 billion and the asset was valued at $129.35. Advertisements 4-hour chart of Ethereum ETH/USD on Trading View Advertisements Etheruem’s 4-hour chart indicated that the price […]

As we enter the final week of March, users in the digital asset space are bracing themselves for another unexpected tussle. The current month has been as unpredictable as the weather, with the markets experiencing a period of both bullish and bearish momentum. Advertisements The bearish slump on 12th March was particularly alarming as many […]

The top three coins based on market cap, Bitcoin, Ethereum and XRP have been in the same boat as that of stocks and traditional assets, which have both dropped by historic levels. However, the Bitcoin and the larger cryptocurrency ecosystem might just be decoupling from the stock market. Advertisements The cryptocurrency market’s correlation with Bitcoin, […]

Market fundamentals and metrics in the digital asset industry undergo significant changes whenever the network registers a significant price swing, whether the movement is up or down. Advertisements The collective crypto-market crash on 12 March was one of the worst in recent memory, with the same having far-reaching effects on a host of market fundamentals. […]

The volatility in the digital asset industry has been off the charts lately and according to cryptovolatility.net, Ethereum was 4.58 percent volatile, when compared to Bitcoin, at the time of writing. As the token continued to sustain depreciation of -1.17 percent over the past hour, it is accurate to claim that Ethereum was recording major […]

A lack of Maker borrowers minting DAI to sell on the open market for a profit is causing the stablecoin to overshoot its peg. Advertisements Various initiatives are underway to bring the DAI peg price closer to $1, including unique experiments from the community. DeFi Users Ignore Maker Incentives MakerDAO’s stablecoin has lost its peg with the […]

What appeared to be a huge upward momentum for the second-largest cryptocurrency by market cap, Ethereum’s rally to the psychological level of $300 was halted by several market corrections and the subsequent crash on March 12th. The coin has been trading in troubled waters for some time now. It was valued at $124.2 at press […]