Ethereum Watch

Advertisements Summary: 26.81 million Ethereum is held on centralized exchanges This is 23.7% of Ethereum’s circulating supply Majority of the ETH is held at Coinbase, Bitfinex and Huobi Ethereum is once again above $390 and looking ready to attempt $400 once again The amount of Ethereum held on centralized exchanges currently stands at 26.81 million […]

Advertisements Summary: The number of unique Ethereum daily addresses interacting with the ETH network has continued to decline since July The decline has accelerated since mid-September Back in August, Crypto analyst Timothy Peterson had predicted that Ethereum’s network activity was in a decline and could lead to ETH losing half its value The number of […]

Advertisements Quick take: DappRadar has released its Q3 DApp Industry Report Ethereum’s transaction volume grew by $109 Billion in Q3 when compared to Q2 Ethereum continues to dominate as the blockchain with the most DApp activity The team at DappRadar has released the Q3 Dapp Industry report which analyses the performance of 13 blockchains in […]

Advertisements Quick take: The average number of daily active Ethereum addresses has risen from 338,375 to 389,947 in the past 12 days During this time period, Ethereum’s network has grown by 13.2% The increased network activity is one reason Ethereum has its eyes set at $400 The month of October kicked off on a good […]

Advertisements Quick take: According to Weiss Ratings, buying and holding Bitcoin is a better option than holding ETH 2017 was the first time ETH hit $300 when Bitcoin was at $1,000 ETH is still in the $300 levels with BTC now 11x higher Ethereum is a good trading instrument but Bitcoin is a better option […]

Advertisements Quick take: Over 460,000 Ethereum options expire this Friday, September 25th 90% of these options are held at Deribit Such a high number of ETH options expiring, coupled with a bearish crypto market, could result in the price of Ethereum dropping further ETH is correlated with Bitcoin, which is in turn correlated to the […]

While legacy markets and Bitcoin have rejected from local highs, Ethereum has been holding up well. Since the launch of Uniswap’s UNI token, the price of the leading cryptocurrency has surged around 6-7%. Advertisements From the lows set earlier this month, the coin is up in excess of 20%, shocking some commentators who thought this […]

Earlier this week, Ethereum plunged as low as $310-315 as legacy markets tumbled, dragging crypto lower. The cryptocurrency has since undergone an extremely strong bounce, recovering 25% to the $389 level where ETH sits at now. Advertisements Analysts are eyeing $392 as a level for the cryptocurrency. One says that if that level is confirmed […]

Advertisements Quick take: Ethereum whales seem unfazed by ETH’s recent drop in the crypto markets They have increased their holdings from 3.16 million to 5.8 million ETH in the past month Early September saw 68 new Ethereum whales joining the network with each holding 1k to 10k in ETH Ethereum whales have continued to accumulate […]

Advertisements Quick take: In the month of August, Transaction volume on the Ethereum network exceeded $24B The high network activity was driven by DeFi and DEXs on the Ethereum Network Ethereum transaction volume exceeded other smart contract platforms such as EOS and Tron The team at DAppRadar has released their August 2020 Dapp ecosystem report. […]