Ethereum Watch

Advertisements Reddit has revealed plans to create a system of Ethereum tokens to incentivize quality posts and comments. Reddit Gold could soon be replaced by tokens on Ethereum, a recent slide presentation by Reddit reveals. The idea is that users will be awarded points by their fellow subreddit users. These points can then be spent […]

Advertisements Speculations are rife about the possibility of the US Federal Reserve adopting a negative interest rate policy (NIRP) anytime now. Analysts often argue that unorthodox monetary policies such as negative interest rates are inherently inflationary. According to many, a naturally deflationary asset like Bitcoin stands the perfect chance to draw more investments from strategic […]

Advertisements Following a low-key third halving (in terms of price), Bitcoin was maintaining a sort of quasi-stability in the high-$8,000s for nearly two days. On Wednesday, however, things started pacing up once again as the benchmark cryptocurrency crossed the psychological barrier at $9,000 and then went straight past the resistance at $9,200. Many observers were […]

Advertisements A proposal to add a second fuel source for the Ethereum network has recently been submitted by a developer to run in parallel to its existing fuel, gas. The Ethereum network is due to undergo a raft of changes this year. The most eagerly awaited upgrade is the shift to proof-of-stake consensus under the […]

Advertisements The COVID-19 pandemic may have put a stop to live conferences, but that didn’t prevent the Ethereal Summit from happening. Instead of gathering together, event participants streamed a two-day conference online. One of the highlights was a conversation in which Ethereum Co-Founder Joseph Lubin and Galaxy Digital Founder and CEO Mike Novogratz tackled Ethereum […]

Advertisements New research has suggested that the initial phases of the highly anticipated upgrade for Ethereum could launch as soon as July of this year, assuming there no further delays. BitMEX research has taken a deep dive into the Ethereum 2.0 upgrade, which will herald in a long-awaited migration from proof-of-work to proof-of-stake consensus. The […]

Advertisements Bitcoin resumed its upward momentum Wednesday as the price inched closer towards $8,000. The benchmark cryptocurrency closed the day above the key resistance area around $7,800. While $8,000 remains untouched during the current rally, optimistic traders believe that a new bull run could be in the cards, especially considering that the BTC price currently […]

Advertisements Bitcoin is struggling to overcome stubborn resistance around $7,800 despite two consecutive attempts on Monday. The possibility of a retreat to $7,600 seems likely. Some analysts believe the dip could take BTC to $7,400 before embarking on a new rally towards the psychological barrier at $8,000. Meanwhile, with the Federal Reserve printing money at […]

Advertisements Grayscale Investments claims to have purchased almost half of all of the Ethereum mined so far in 2020. The asset management firm has seen a considerable spike in institutional investment — some even willing to buy into the trust at a hefty premium. The Grayscale Ethereum Trust has reportedly purchased 48.4 percent of all […]

Advertisements Two mining pools on Ethereum are continuing to dominate the competition and now make up over half of the entire hashrate for the network. Hashrate is often used as an indicator to judge the strength of a network. However, it is also important to look at how distributed this hashrate is. In the case […]