Ethereum Watch

Tether’s USDT money printer is up and running again, and it could be a sign of what’s to come next for Bitcoin and the aggregated cryptocurrency market.It now appears that Tether has issued a whopping $161 million worth of USDT over the past 24-hours, putting the total number of new USDT issued over the past […]

Bitcoin is the king. With Bitcoin being the front runner and the most dominant cryptocurrency in the market, it has inevitably managed to influence other cryptocurrency assets with even its slightest price movements, particularly, the second-largest cryptocurrency by market cap – Ethereum. Advertisements Source: ETH/USD on TradingView Ethereum and Bitcoin have an interesting correlation pattern. […]

Ethereum, like all other major cryptocurrencies, saw an intense selloff yesterday that marked one its largest single day drops in percentage terms ever. This unprecedented movement came about alongside similar declines seen by Bitcoin and other cryptocurrencies.This intense downwards movement had devastating impacts on the DeFi ecosystem, with a plethora of collateralized positions being liquidated, […]

Ethereum, the second-largest cryptocurrency by market capitalization, plunged by a massive 35 percent on Thursday, logging its biggest decline in a day since the 2018 ICO bust.The ETH-to-dollar exchange rate fell from $195.64 to $126.28 in 30 minutes, following the leading cryptocurrency Bitcoin’s frenetic sell-off within the same timeframe. The implosive move downhill led Ethereum’s […]

The Bitcoin market has been witnessing grave volatility lately. The world’s largest cryptocurrency has tried thrice to surpass the $8k barrier since the price drop on 7 March; however, it has failed every single time. Its latest effort on 10 March might have pushed the price of the coin above $8k, but it was short-lived […]

Bitcoin’s price has been slipping with every passing day. On 10 March, the Bitcoin market tried to recover from its fall under $8k, managing to succeed only momentarily. The king coin had climbed to a value of $8,518, following which it noted a 5% fall over the next couple of hours, bringing its valuation down […]

The cryptocurrency market has made great progress since the conception of Bitcoin in 2009. Crypto-traders in the market have seen the market at its best and its worst, opting to look at the positives and march on. The growth in crypto-use has been multifold over the decade and the same was reflected when aggregate transactions […]

Ethereum recorded an exponential rise in its price in early-2020. However, come mid-February, the bullish momentum stalled, with the world’s largest altcoin recording significant losses. Advertisements However, despite a brutal weekend which saw massive sell-offs, Ethereum’s price appeared to have held on to the bulls. The same cannot be said for Bitcoin. The king coin, […]

The price of Bitcoin felt the effect of a bearish market on 8 March as it fell under the $8k mark within 36 hours. The 15.27% dip was followed by more bad news in the altcoin market. The second-largest cryptocurrency, Ethereum [ETH] was devalued by 22.36%, within the same period, bringing its price down from […]

Consequences of the bearish rally over the last week of February have caught up with a multitude of major digital assets across the industry. Advertisements According to Coinmetrics’ latest State of the Network report, the CM Bletchley Indexes were negative for all the major coins, including major assets like Bitcoin and Ethereum. Surprisingly, Bitcoin was […]