Ethereum Watch

Bitcoin’s and Ethereum’s strong surge to kick off 2020 has caught many traders aback. Case in point: each leg higher in the price of BTC during January and February was marked by dozens of millions of dollars worth of short liquidations on margin trading platforms like BitMEX.While the majority seem to have been caught off […]

Ethereum has been considerably bullish since the start of March as the world’s 2nd largest crypto-asset appeared to marginally break away from its bearish rally. Ethereum was valued at $232, at press time, while its market cap remained just above $25 billion. ETH’s 24-hour trading volume was $17.39 billion, according to CoinMarketCap. Advertisements Source: Coinstats […]

After updating and migrating the DAI stablecoin from its previous form to its latest iteration, Multi Collateral DAI, Maker has conducted the first major token upgrade, proving that token migrations don’t have to be cumbersome.  Advertisements From SAI to DAI The introduction of Multi Collateral DAI (MCD) sparked life to a new concept of protocol […]

Ethereum is consolidating above the $220 support area against the US Dollar. ETH price is likely start a major upward move above the $228 and $235 resistance levels.Ethereum is forming a nice bullish formation above the $220 support area against the US Dollar.The price is likely to start a major rally once it settles above […]

“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 is currently consolidating above the $212 support area against the US Dollar. ETH price must climb above $228 and $238 to start a strong recovery in the near term.Ethereum is showing a few positive signs above the $212 level against the US Dollar.The price is likely to retest $228, which is the first major […]

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 […]

Ethereum decline to a new 3-week low at $208 against the US Dollar, similar to bitcoin. ETH price could correct higher in the short term, but upsides are likely to remain capped near $242.ETH price is currently showing a few recovery signs from the $208 low against the US Dollar.The price is now trading above […]

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 […]