Ethereum Watch

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 […]

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 […]

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. […]

Since the all-time highs that were seen at the start of 2018, the price of Ethereum has collapsed dramatically. From the $1,430 highs, the asset is now down approximately 85%, trading at $240 as of the time of this article’s writing.Despite the utter collapse in the market, the underlying network has seen dramatic growth. Data […]

Bitcoin may be down 50% from its all-time highs, but Ethereum has registered an even more harrowing performance. Even after rallying approximately 175% from the March lows, the asset remains more than 80% below its all-time high of $1,430.Some have remarked that the asset’s inability to recover is a death knell for Ethereum bulls, but […]

Ethereum is still down by over 80% from its all-time high, but that hasn’t stopped cryptocurrency users from increasingly adopting the asset.Rafael Schultze-Kraft (@n3ocortex on Twitter), the chief technical officer of blockchain analytics firm Glassnode, recently shared the chart below. It shows that the number of new daily Ethereum addresses with more than one transaction […]

After breaking out past $250 on June 1st, Ethereum saw a harsh rejection on June 2nd. The asset fell from over $250 to $225 in a matter of minutes, crushed as Bitcoin slipped by a similar amount on top exchanges.Despite this strong drop, analysts assert that bulls still remain in control of the asset.Related Reading: Crypto […]

As of June 1st, Ethereum was up 25% in the past week alone. But right on cue, the cryptocurrency market saw a harsh correction on Tuesday morning that wiped out the gains seen on Monday.Bitcoin crashed $1,500 in three minutes on BitMEX, while other cryptocurrencies such as ETH experienced losses in their own markets. This […]

It’s been an explosive past few days for Ethereum.In the past 24 hours alone, the second-largest cryptocurrency is up 10%. As reported by NewsBTC previously, the asset is currently pushing $244, the highest price since early March.This surge is important as it comes at a critical time for cryptocurrency bulls. One prominent trader shared the […]

It’s been a rocky past few days for Bitcoin, Ethereum, and other top cryptocurrencies. From the monthly highs against the dollar, most digital assets are down 10%.But when measuring the performance of some cryptocurrencies against Bitcoin, some investments are outperforming. Ethereum is a perfect case in point, which has rallied 10% against BTC over the […]