Ethereum Watch

Ethereum has had a solid year so far, backed by an apparent increase in user activity and demand for ETH. Five crucial metrics portray the optimistic medium-term outlook on the dominant smart contracts blockchain network. Advertisements The five metrics are an increase in Truffle Suite downloads, Ethereum DApps, daily transactions, decentralized finance (DeFi), and blockchain […]

Ethereum has flashed some significant signs of strength after posting an intense recovery yesterday. Advertisements The cryptocurrency is now back within the boundaries of its multi-month trading range, and buyers appear to be attempting to establish its recent lows as a long-term bottom. Overnight, sellers pushed it as low as $222 – just a hair […]

The Ethereum-based DeFi sector has been consuming the bandwidth of the crypto sphere in recent times, being at the forefront of most conversations due to its exploding popularity. Advertisements One new trend dubbed “yield farming” has also garnered significant attention from investors, as it has allowed users to see massive yields on their capital – […]

Ethereum has been generating significant buzz across the crypto sphere over the past few days, primarily due to the explosive surge in the popularity of decentralized finance (DeFi). Advertisements Much of this popularity has been driven by an emerging trend called “yield farming,” in which users can leverage different protocols in order to receive massive […]

Ethereum has now pushed below the lower boundary of its long-held trading range that has been formed throughout the past several weeks This weakness has come about as Bitcoin also inches lower Both of these digital assets have been maintaining above these levels over the past several weeks, and a firm decline beneath them would […]

Ethereum has been flashing some signs of tempered weakness throughout the past several days and weeks, hovering just above the lower boundary of its long-held consolidation channel. Advertisements The cryptocurrency’s present weakness is primarily rooted in that of Bitcoin, which has seen faltering momentum as it continues struggling to break above the key psychological resistance […]

Ethereum continues to struggle with resistance at $250 that has held back the asset for much of the last two years of bear market. Advertisements However, a crypto-focused investment fund manager is expecting that the asset’s best use case, decentralized finance, could help propel Etheruem to a $1 trillion market cap. This would take the […]

Ethereum has declined over the past 24 hours alongside Bitcoin and the aggregated cryptocurrency market. Despite flashing some signs of strength in recent times, this has not been enough to break its tight correlation with BTC. Advertisements Analysts do believe that the cryptocurrency is now positioning itself to post a massive upwards breakout in the […]

Ethereum’s price action in recent times has been lackluster to say the least, as it has been closely tracking that of Bitcoin as it trades within a wide and long-held range. Advertisements It does not appear that this is emblematic of the cryptocurrency’s long-term outlook, however, as one prominent venture capitalist is now noting that […]

Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks, which exposed it to some intense downwards pressure yesterday. Advertisements It has been able to post a swift recovery from its daily lows, and has remained firmly within its long-held consolidation phase within the $230 to $250 range. Although it […]