Ethereum Watch

Advertisements Summary: The number of Ethereum addresses holding between $1 and $10 currently stands at 15 million This is almost two times higher than those of Bitcoin holding a similar amount Ethereum continues to be the favorite for those transacting on the blockchain Ethereum has also dominated trending topics after ETH broke $400 The number […]

Advertisements Summary: Ethereum’s value has received a major boost from the PayPal news Ethereum is one of the major digital assets that PayPal’s crypto service will support ETH has since broken the $390 and $400 resistance levels with $420 up ahead Progress on ETH2.0 has continued to gather steam with a deposit contract expected any […]

Advertisements Summary: The top 10 Ethereum whales have been moving their ETH from exchanges to non-custodial wallets Exchanges have seen a 20.5% decrease in ETH for the past 2 months The movement of Ethereum out of exchanges is proof that whales and retail investors are confident regarding ETH’s long term value The price of Ethereum […]

Advertisements Quick summary: The popularity of DeFi and Decentralized Exchanges since June 2020, has led to Ethereum experiencing high ETH fees Miners are reaping big from these Ethereum transactions thus attracting new miners to the network The value of Ethereum will continue to benefit positively from the demand to pay transactions with ETH The team […]

Advertisements Quick take: Development on the Ethereum network has reached a 7-month high This could be related to the continual DApp building in the DeFi industry Ethereum’s price in the crypto markets is once again flirting with $400 Ethereum’s development activity has reached a 7-month high. This is according to an analysis done by the […]

Advertisements Quick take: ETH2.0 could finally launch as early as November this year This is according to a developer update published on September 11th A launch in November could explain why Ethereum whales are accumulating ETH The price of ETH could very well break $400 and keep moving on up The launch of ETH2.0 has […]

Advertisements Quick take: Ethereum gas fees are at a record high This has resulted in many exchanges going at a loss with each withdrawal of ETH CZ has estimated exchanges are losing $10 – $20 with each Ethereum withdrawal He has hinted of a possible increment in Ethereum withdrawal fees on Binance if the issue […]

Advertisements In brief: According to Timothy Peterson, Ethereum could lose up to 50% of its value in the next 12 months.  He explains that ETH’s long term growth rate only supports an annual appreciation of 30%. Ethereum had a hard time keeping up with Bitcoin as BTC pumped above $12k. ETH’s price is slightly above […]

Advertisements Quick take: The DeFi boom has led to high ETH fees on the Ethereum network.  The team at CoinMetrics has concluded retail users are being locked out of DeFi by these high ETH fees. Whales are one category of investors who are comfortable with parting with high Ethereum fees.  The discussion regarding high Ethereum […]

Advertisements In brief: Ethereum turning 5 years old has had a bullish effect on the price of ETH. Ethereum has bulldozed past several resistance levels including $320. At its current momentum, ETH could retest the 2019 high of $365. Breaking this level could open the gateway to prices last seen in the 2017/2018 crypto market […]