Ethereum Watch

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 […]

– Developers are shifting away from contributing to the U.S. crypto ecosystem. Advertisements – Smart contracts deployment and active addresses across all blockchains have reached their respective ATHs. Since Bitcoin [BTC] marshaled many other assets to reach their respective All-Time Highs (ATH) in 2021, the cryptocurrency landscape has been characterized by its dynamism and volatility, […]

Analyst suggested that Ethereum could soon follow Bitcoin’s rally. NFT trades and lowering gas fees may impact network activity in the long run. Bitcoin [BTC] has been seeing quite a rally over the last few days, inspiring a lot of positive speculation around the king coin. However, it appears that Ethereum [ETH] will also soon be […]

BTC’s outflows continue to grow despite renewed hope in the crypto ecosystem. As Shanghai Upgrade draws nearer, investors shy away from Ether products. According to a new report by CoinShares digital asset investment products recorded six consecutive weeks of outflows totaling $95 million. Over the last five weeks, there has been $406 million in outflows […]

Investors are funnelling funds into Short-BTC products after fourth consecutive week of outflows With the Shanghai Upgrade coming soon, investors will be cautious with ETH In a new report, digital asset investment firm CoinShares found that ongoing apprehension among investors regarding the uncertain regulatory landscape of crypto-assets led to a fourth consecutive week of outflows […]

The crypto market’s infamous swinging volatility continues to see different fortunes on a monthly basis. From traders selling their tokens at a loss to betting against the market (hoping for an uptick)- the market has seen it all. But what’s up this time around? Advertisements Hold tight Bitcoin has been falling since reaching an all-time […]

Bitcoin, the largest cryptocurrency has been in recovery mode for quite some time now. On CoinMarketCap, BTC jumped briefly above the $25k on 14 August before settling onto the $24.9k mark at press time. Advertisements Evidently, the spot market showcased a relief sign. However, activity on BTC options suggested otherwise. Are you In or Out? […]

Halfway through 2022 and the cryptocurrency market has already witnessed a mass liquidation phase. The end of Q2, for instance, recorded $423 million worth of outflows for digital asset products. But now, this narrative witnessed significant changes as the market continues to regain its footing. Advertisements Headed to a different direction Contrary to the previous […]

Just a week can completely change the entire outcome in the cryptocurrency market. A report posted on 7 June, revealed that digital assets witnessed inflows last week despite the bearish run. This inflow amounted to $100 million bringing the total assets under management (AuM) to $39.8 billion. Advertisements But, the said inflow didn’t stay for […]