Ethereum Watch

India-based Polygon network has been trending for a while now. Recently the Ethereum-powered network acquired a zero-knowledge (ZK) protocol developer, Mir, for around USD 400 million. Now, it is rolling out a testnet implementation that could possibly hike MATIC by 3X in the current cycle. Advertisements Roll-out Polygon, a layer-2 scaling solution taking inspiration from […]

Ethereum is struggling to gain pace above the $4,050 zone against the US Dollar. ETH price is recovering, but the bulls could face resistance near $4,175. Advertisements Ethereum extended decline below the $4,050 and $4,000 support levels. The price is now trading below $4,100 and the 100 hourly simple moving average. There was a break […]

The DeFi’s market movement has been quite dismal over the past few weeks. Right from MKR, AAVE, and COMP to UNI, SUSHI, and YFI, almost all the top tokens from this space have been incurring losses. Advertisements Amidst the larger downtrend or ‘winter’ phase going on, the aggregate value locked in DeFi slipped to $85 […]

Bitcoin’s utility as an inflation hedge has been a big push for the adoption of the cryptocurrency by investors. Ethereum on the other hand is fast-rising to become the preferred crypto for hedging against inflation for investors. The digital asset’s performance over the past couple of years has proven that it is a strong contender […]

Ethereum is struggling to gain pace above the $4,300 zone against the US Dollar. ETH price is correcting gains, but it might find support near $4,000. Advertisements Ethereum corrected lower below the $4,220 and $4,200 support levels. The price is now trading below $4,300 and the 100 hourly simple moving average. There was a break […]

Ethereum is still above the $4,250 support against the US Dollar. ETH price could stage a strong rally if it clears the $4,450 resistance zone in the near term. Advertisements Ethereum is stable and supported above the $4,200 and $4,250 levels. The price is now trading above $4,300 and the 100 hourly simple moving average. […]

Unlike the rest of the market, Ethereum did not witness much decline on December 4. On that day it only fell by 2.3%. However, the wick it created managed to terrify every Ethereum investor. The bigger question is, how it happened. Advertisements Ethereum toppled by institutions The events of December 4 are credited to multiple […]

The industry was sent into a dizzy on 4 December when the market recorded a flash crash, one that resulted in many cryptos tanking. While most have resumed recovery since, Ethereum has been especially quick in regaining its losses, far outpacing Bitcoin‘s growth. Advertisements However, with the altcoin still stuck below $5000, the ultimate goal […]

Ethereum gained pace above the $4,250 resistance zone against the US Dollar. ETH must stay above $4,150 to accelerate higher in the near term. Advertisements Ethereum started a recovery wave above the $4,000 and $4,250 resistance levels. The price is now trading above $4,150 and the 100 hourly simple moving average. There was a break […]

Ethereum is facing resistance near the $4,250 zone against the US Dollar. ETH must stay above $4,000 to start a steady increase in the near term. Advertisements Ethereum started a recovery wave after a major drop below $4,000. The price is now trading below $4,250 and the 100 hourly simple moving average. There is a […]