Ethereum Watch

Advertisements In brief: The initial release of Ethereum was 5 years ago on July 30th. To date, Ethereum is the most popular smart contract platform. DeFi and ETH2.0 occupy center stage on Ethereum’s fifth anniversary. The popular smart contract platform of Ethereum (ETH) turns five years old today. It has been exactly five years since […]

Advertisements In summary: Ethereum has long been known for high gas fees during times of network congestion.  The DeFi boom and related stablecoin activity are two reasons for Ethereum’s current congestion that results in high ETH fees. Developers are working on scaling solutions to solve this issue as well as other EIPs to cap Ethereum […]

Advertisements In brief: Ethereum has ploughed through the $290 resistance level.  $320 is the next big hurdle for Ethereum. With a bullish Bitcoin and crypto environment, Ethereum can recapture lost ground and reach levels last seen in the 2017/2018 crypto market season.  Ethereum (ETH) has exceeded the expectations of crypto traders and investors by zooming […]

Advertisements In brief: It has been an exciting week for Ethereum as ETH broke the $250 resistance level.  Next on its path, is $290 and Ethereum looks set to break this level also by August.  Ethereum open interest on Deribit’s ETH options hit a new all-time high pointing towards increased interest in trading Ethereum.  It […]

Advertisements Quick take: Bitcoin’s move above $9,300 has spread a wave of optimism in the crypto markets.  Ethereum has surged from $230 levels to $245 and looks set to attempt $250 once again.  Ethereum has tested the $250 resistance level several times since the Coronavirus crash of mid-March.  Perhaps ETH might just break and hold […]

Advertisements Quick take: Ethereum’s price action has continued to be dull and resembles that of Bitcoin.  Ethereum’s fate could be tied to that of Bitcoin. A possible postponement of ETH2.0 might have caused Ethereum to experience a local top at $250.  DeFi could offer a reason to remain bullish on Ethereum as more ETH is […]

Advertisements Summary: Popular Bitfinex Whale, @Joe007, has compared ETH2.0 to a marketing ploy luring greedy Ethereum plebs. According to him, staking will trap their ETH forever while insiders unload their riches of ETH1.0. Additionally, the concept of Ethereum staking is just like any other ETH scam. Popular Bitfinex Whale, @Joe007, has compared staking on the […]

Advertisements In brief: Ethereum investors could be in for another tumultuous ride as ETH2.0 faces possible delays. One estimate pushes the launch to January 2021. The Ethreum Community wants ETH2.0 launched in 2020. ETH/USDT risks losing the crucial $200 support zone due to FUD related to the delay.  From the beginning of the year, Ethereum […]

Advertisements In brief: Ethereum investors and traders are anticipating a July 2020 launch of ETH2.0.  Progress of ETH2.0 is very much on track despite a few hints that the launch might be pushed forward.  Investors and traders are playing the long game with Ethereum and evidence pointing to a continual accumulation of ETH in anticipation […]

Advertisements In brief: Ethereum held the $228 support zone earlier this week when Bitcoin dropped to $9,110. With BTC exhibiting bearish signs, a drop could cause Ethereum to break this support zone. Once broken, the 50-day moving average provides adequate support at around $218. Ethereum is still holding its own in the crypto markets ahead […]