Ethereum Watch

Ethereum failed to clear the $445 resistance and declined below $420 against the US Dollar. ETH price is now approaching a major support zone near the $400 handle. Advertisements Ethereum is down over 5% and it broke the $425 and $420 support levels. The price even settled below the $420 level and the 100 hourly […]

When analysts try and gauge the success of Ethereum’s decentralized finance projects, they often look to the “total value locked” metric. Advertisements Just today, the metric, up around 1,000% since the start of 2020, surpassed $6 billion for the first time ever. Many Ethereum bulls hailed the achievement of this milestone as a testament to […]

Another week, another round of Crypto Tidbits. Advertisements It’s been another volatile week for the Bitcoin market. In the past seven days, the leading cryptocurrency has traded at both $11,100 and $12,000, whipsawing between the levels as the price enters a consolidation. Ethereum, on the other hand, has been surging higher; ETH now trades for $440 […]

Ethereum has a transaction fee problem, similar to the one it and Bitcoin faced in 2017 and early 2018. Advertisements On August 12th, the cost of Ethereum “gas,” how transaction fees are calculated, hit 277 Gwei. By this writer’s estimates, that means that sending ETH was $2.25, sending ERC-20 was around $5, and trading on […]

It’s been an explosive past few days for Ethereum. After consolidating under $400 for a number of days, the leading cryptocurrency shot higher on Thursday and then continued its ascent into Friday. Advertisements As of this article’s writing, ETH is up 12% in the past 24 hours. It trades at $444, surging decisively past the […]

Ethereum Classic Labs are exploring ways to protect the network and move forward following the 51% attack two weeks ago. Advertisements Initial discussion on what to do are taking place today. Attendees include IOHK CEO Charles Hoskinson, as well as other stakeholders. Advertisements Source: twitter.com Previously, Hoskinson said Ethereum Classic needs to innovate, to which […]

Ethereum’s Yam Finance protocol has been the hottest crypto project of the past 24 hours. As reported by NewsBTC previously, the unaudited protocol managed to garner $400 million worth of value in under 24 hours, with investors throwing boatloads of capital at the project. Advertisements The token of the protocol, YAM, is behind this exponential […]

Ethereum Classic was 51% attacked for the second time in less than two years. The most recent hack, which happened over a two-day period starting July 31st, netted hackers an estimated $5.6 million. Advertisements Since then, many have reached out to the Ethereum Classic team, including IOHK CEO Charles Hoskinson. Hoskinson left Ethereum in 2014 […]

Ethereum has been hovering around the $390 region throughout the past several days and weeks, struggling to break above $400 due to the heavy selling pressure that has been established at this price level. Advertisements The cryptocurrency has formed an incredibly tight correlation to Bitcoin, which is currently trading within the upper-$11,000 region. Analysts are […]

For the umpteenth time in the past week, Ethereum was rejected at the critical $400 resistance during Saturday’s rally. The cryptocurrency failed to decisively hold above that level despite the rallying in the value of altcoins. As of the time of this article’s writing, ETH trades for $395, just shy of the aforementioned resistance. Advertisements […]