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Ethereum (ETH)

cryptocurrency July 11, 2020

Advertisements Quick take: Bitcoin has been in a state of continuous sideways movement since early June.  Social media dominance of BTC has been dropping and could point to an alt season.  A bullish ETH/BTC chart hints of altcoins gaining in the crypto markets.  Additionally, the Shit-coin Perpetual contract on FTX recently hit a new All-Time […]

cryptocurrency July 8, 2020

Advertisements Quick take: In Q2 2020, the Ethereum network witnessed a significant increment in ETH addresses. DeFi is fuelling a surge in activity on the Ethereum network.  Interest in Decentralised Finance has led to an increment in the number of active ETH addresses.  In the second quarter of 2020, the Ethereum network witnessed a significant […]

cryptocurrency July 4, 2020

Advertisements In brief: The Filecoin (FIL) mainnet is still on track for a Q3 launch.  CoinList to be the primary distributor of Filecoin tokens. To kick start development on the platform, a virtual hackathon has been launched by ETHGlobal and Protocol labs.  The event is meant to provide an environment for developers to build DApps […]

cryptocurrency July 2, 2020

Advertisements In brief: Real-time data reveals that Ethereum is still the most active smart contract platform.  Tron (TRX) ranks second with EOS, Tezos (XTZ) and Cardano (ADA) coming in third, fourth and fifth respectively.  Ethereum’s dominance in this regard, will continue for the foreseeable future. Real-time data from the team at Messari reveals that Ethereum […]

cryptocurrency July 1, 2020

Advertisements In brief: Ethereum experienced the second-highest number of monthly transactions in June 2020. ETH’s highest monthly transactions were in January 2018 when Ethereum hit a new all-time high of $1,432. Additional data points to Ethereum experiencing its highest daily transactions on the 29th of June. All this could hint to ETH having hit a […]

cryptocurrency June 28, 2020

Advertisements Quick take: Support for Ethereum Improvement Proposal 1559 is gathering traction. The ETH community is crowdfunding efforts to have it developed and implemented on the Ethereum blockchain.  43 ETH and $16,800 in DAI have been raised thus far.  The EIP aims at solving the issue of high transaction fees such as the ones witnessed […]

cryptocurrency June 26, 2020

Advertisements In brief: Ethereum is once again battling to maintain the $228 support zone. All signs point to BTC heading to lower levels.  However, ETH’s bullish momentum is very much intact primarily due to ETH2.0. Ethereum could be printing a bull flag on the daily chart that could ultimately push its value to $290 levels. […]

cryptocurrency June 25, 2020

Advertisements In brief: Bitcoin’s correlation with the S&P 500 is still very much intact as witnessed in yesterday’s dip. Ethereum is also highly correlated to BTC.  Therefore, logic dictates that Ethereum is also highly correlated to the S&P 500.  If ETH is a measure of the alt-market, then the entire alt-coin market is also correlated […]

cryptocurrency June 21, 2020

Advertisements Quick summary: $228 is once again the level to watch ahead of Ethereum’s weekly close. This area has provided adequate support for ETH since the beginning of June.  With a new week ahead, and like Bitcoin, there is a 50:50 chance it could go either way for Ethereum in the crypto markets.  Another weekly […]