Ethereum Watch

From a technical perspective, Ethereum’s price action has been relatively lackluster in recent times, with buyers struggling to garner any sustainable uptrend as the crypto closely tracks Bitcoin’s price action.One data metric does indicate that investors have been heavily accumulating throughout the course of the cryptocurrency’s recent downturn.This accumulation has led investor’s profitability to reach […]

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 […]

Another week, another round of Crypto Tidbits.The past seven days have been volatile days for Bitcoin and other cryptocurrencies. The cryptocurrency on June 1st rallied past $10,000 for the first time in many weeks, reaching as high as $10,400.It was an explosive move that had many expecting more upside. One Wall Street analyst went as […]

HackMoney Hackathon, a 30-day virtual Aave hackathon organized by Ethereum developer group ETHGlobal, has announced its three winning projects—Learn&Earn, a gamified online learning platform, YieldHero, a suite for managing Aave, and MagicBet, a no-loss betting platform that enables users to stake DAI.Hacking Lending and Money Maker Protocol AaveOrganized by ETHGlobal, an organization focused on onboarding […]

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 […]

From the all-time high of $1,400, Ethereum is down by approximately 80%.Due to a collapse in the ICO bubble and the narrative shifting from altcoins to BTC, the -80% performance ETH has registered is much worse than that of Bitcoin. From its all-time high of $20,000, BTC is down less than 50%.While there are many […]

Ethereum made its third attempt to set new local highs against its Bitcoin trading pair in 2020 yesterday. This movement has shown signs of being fleeting, however, as the crypto has lost some of its momentum.Although the cryptocurrency is flashing some subtle signs of near-term weakness, it is important to note that one data metric […]