Ethereum Watch

At this point in time, price is king. In less than 10 days, Bitcoin will go through its third block halving, undoubtedly setting off ripple effects across the rest of the cryptocurrency market, a market valued at over $250 billion, with the single largest altcoin contributor being Ethereum with a market cap of $23 billion. […]

The cryptocurrency market noted speedy recovery following the significant losses it faced after the crash in March. After a period of steady consolidation, the Bitcoin market soon broke above $8k, with the king coin, at the time of writing, wavering between $8.8K and $9.2K. The coin noted a cumulative gain of 16% over the past […]

After noticing a constant rise in Bitcoin locked in Decentralized Finance [DeFi], the total BTC on the platform stood at 2.1k. Despite the tremendous losses noted by the DeFi in March, the value of BTC did not waver, rather remained stable. Adding to this stability, Maker approved WBTC as the collateral asset. Could WBTC become […]

Ethereum, unlike Bitcoin, does not have a fixed supply. While some see this as a disadvantage for the coin, many others believe that Ethereum’s minimum necessary issuance (MNI) provides greater network security. Advertisements ETH’s concept of minimum viable issuance as the monetary policy raises a few questions. How can one determine what is minimally viable? […]

Improvement proposals are crucial to the health and evolution of cryptocurrencies, with the Bitcoin and Ethereum‘s ecosystems at the forefront of several improvement proposals since their inceptions. Advertisements While Bitcoin has proposals like Lightning Network, Taproot/Schnorr signatures, Miniscripts, and many other promising improvement upgrades, ETH also has also seen proposals like EIP 20, EIP 137, […]

Another week, another round of Crypto Tidbits. Bitcoin has been one of the best-performing assets in financial markets over the past week, managing to rally as high as $9,500 — over 25% higher where it started this week. Altcoins, interestingly, have underperformed the market leader, with Ethereum and XRP both gaining around 10% over the past […]

At the time of writing, everyone’s attention has been focused on Bitcoin crossing $8k. An important breach indeed but changes facilitating around Bitcoin’s ecosystem did not scream a lot of activity. Advertisements Source: Skew Ironically, BitMEX XBTUSD Open Interest in terms of BTC has dropped over the past 12 hours and the OI in terms […]

2020 can the perfect instance to test the popularity of any asset class due to the global economic crisis that has surrounded not one nation, but all, and each of the asset’s reactions to the markets. Advertisements Unlike other investment assets, no one talks about crypto as much as crypto Twitter. Since bitcoin’s inception, social […]

Another week, another round of Crypto Tidbits. Bitcoin has performed extremely well over the past week, managing to rally as high as $7,800, which is a pre-crash level, just the other day in a move that liquidated $70 million worth of short positions. Altcoins have been posting equally as impressive performances, with some actually managing to […]

On 23 April as the market relished in the surging price of Bitcoin [BTC], altcoins also enjoyed a similar trend. Ethereum [ETH], the second-largest coin has been sharing a strong correlation with Bitcoin and according to data provided by CoinMetrics’, the BTC-ETH correlation has reported a new all-time high. Advertisements Source: CoinMetrics The correlation saw […]