Ethereum Watch

Another week, another round of Crypto Tidbits. Bitcoin has been one of the best-performing assets in financial markets over the past week, managing to rally as high as $9,500 — over 25% higher where it started this week. Altcoins, interestingly, have underperformed the market leader, with Ethereum and XRP both gaining around 10% over the past […]

Ethereum is up more than 12% and it broke the $220 resistance against the US Dollar. ETH price is likely to continue higher and it could even test the $240 and $250 levels.Ethereum is surging and it recently broke the $215 and $220 resistance levels.The price is now trading well above the $200 pivot level […]

Ethereum, like most other major altcoins, has seen some intense upwards momentum today that has allowed the cryptocurrency to significantly extend its recent uptrend as it begins showing signs of going parabolic again.This latest move has allowed the crypto to nearly invalidate a previously bearish technical formation that it was caught within, leading analysts to […]

Ethereum has seen some immense bullishness today against Bitcoin, with the cryptocurrency firmly outperforming its peers as its buyers vie to shatter the resistance that has been firmly established around $198.This latest upside movement comes close on the heels of ETH’s recent rejection at this level, and its ability to rally while BTC consolidates seems […]

Estimated data shows cryptocurrency asset management firm Grayscale purchased close to half of all mined Ethereum in 2020. What’s more, with Ethereum 2.0 drawing closer, many have speculated that institutional investors are looking to reap the benefits of ETH staking.Institutional Interest in Ethereum Taking OffGrayscale is currently the world’s largest cryptocurrency asset manager, with $2.2 […]

Since Ethereum’s launch in 2014, the ERC20 token has become far and away the most-used token standard. According to Etherscan, there are currently over 250,000 different token contracts on the Ethereum blockchain. Furthermore, the availability of decentralized exchange services such as Uniswap means that ERC20 tokens are far more liquid than tokens minted on any […]

Another week, another round of Crypto Tidbits. Bitcoin has performed extremely well over the past week, managing to rally as high as $7,800, which is a pre-crash level, just the other day in a move that liquidated $70 million worth of short positions. Altcoins have been posting equally as impressive performances, with some actually managing to […]

Like the rest of the crypto market, Ethereum, too, has performed extremely well over the past hour. The second-largest cryptocurrency, which traded around $183 for most of Wednesday, surged as high as $195 just minutes ago on the back of a short squeeze in the Bitcoin derivatives market, which pushed the asset up nearly 10% […]

Aside from Bitcoin, the most talked-about cryptocurrency over the past few weeks has seemingly been Tether.The fourth-largest cryptocurrency by market capitalization, the stablecoin, which trades on markets as USDT, has become increasingly important to the crypto market. So much so that just the other day, data shared by Unfolded suggested that Tether’s market capitalization hit […]

The weekend saw an exploit of the dForce DeFi protocol which netted hackers $25 million worth of crypto. This consisted mostly of Ethereum and stablecoins, with Bitcoin bringing up the tail end of assets stolen.But in a stunning turn of events, the attacker has since returned the stolen funds. Observers believe this was due to […]