Ethereum Watch

Ethereum’s numerous use cases may have made it a better project than Bitcoin, according to a market player. Regardless, activity on the Bitcoin network outshone Ethereum. The debate about which asset is better between Ethereum [ETH] and Bitcoin [BTC] took another turn on 6 September. This time, it was Dr. Julian Hosp, CEO of CAKE […]

Advertisements The lack of external catalysts forced top cryptos to stay glued to their narrow ranges. Experts said that the silent phase could be utilized for innovations in the industry. The fiercest critics of cryptocurrencies’ high volatility may be finding it hard to stomach the ongoing dynamics of the market. For the uninitiated, the crypto […]

Advertisements Monthly trade volume for both assets stayed muted over much of Q2 and July thus far. BTC and ETH deposits to exchanges have been on a downward spiral for weeks. The ongoing quiet in the crypto market has put the spotlight back on one of the most-talked about topics in the sphere – volatility. […]

Advertisements Ethereum’s annual carbon footprint was significantly cut since The Merge. Bitcoin’s estimated annual emissions contributed just 0.15% to the global tally.  Ethereum’s [ETH] annual electricity consumption fell by more than 99.9% after switching from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism, according to a report by Ethereum.org. Is your portfolio green? Check out […]

Advertisements Last week’s minor price rally caused inflows into Bitcoin and Ethereum investment products to jump. Short-bitcoin, on the other hand, saw its 10th week of consecutive outflows.  Inflows from digital asset investment products totaled $125 million last week, bringing the second consecutive week of inflows to $334 million, CoinShares found in a new report.  […]

Advertisements BTC and ETH long contracts were far more than shorts, but these positions’ expiration could mark the highest in months. The Put Call Ratio of both assets remained bullish despite rising concerns. With the cryptocurrency market buzzing with increased activity, about $7.2 billion in Bitcoin [BTC] and Ethereum [ETH] options contracts may be set […]

Advertisements Bitcoin’s voyage into the NFT market has made it a strong contender for Ethereum’s position. The migration of some Solana NFTs to Polygon has negatively affected its volume. Sales of various assets in the NFT world significantly surged as the usual suspect, Bored Ape Yacht Club [BAYC], registered the most volume. With $18.16 million, […]

Advertisements The U.S. debt ceiling decision propelled S&P 500 and gold prices, surpassing Bitcoin and Ethereum. Bitcoin and Ethereum were trading at a profit on a daily timeframe at press time. In a fascinating turn of events, the prices of the S&P 500 and gold have taken a leap, outshining Bitcoin [BTC] and Ethereum [ETH]. […]

Advertisements Transactions on the Dogecoin blockchain exceeded that of Bitcoin and Ethereum combined. The hike affected the hashrate as new tokens increasingly minted. Dogecoin [DOGE] witnessed a surge in transaction count, as it surpassed a daily count of two million buying and selling activity on 28 May. The hike means that the meme coin could […]

Advertisements As JPMorgan swooped in to save troubled First Republic Bank, positive sentiment remained in the crypto market.  Positive funding rates and long liquidations marked the last 24 hours, indicating that investors expected assets’ prices to rally. Global cryptocurrency market capitalization slipped by a mere 1.5% 24 hours after the U.S. Federal Deposit Insurance Corporation […]