Ethereum Watch

Ethereum has been flashing some signs of tempered weakness throughout the past several days and weeks, hovering just above the lower boundary of its long-held consolidation channel. Advertisements The cryptocurrency’s present weakness is primarily rooted in that of Bitcoin, which has seen faltering momentum as it continues struggling to break above the key psychological resistance […]

Ethereum continues to struggle with resistance at $250 that has held back the asset for much of the last two years of bear market. Advertisements However, a crypto-focused investment fund manager is expecting that the asset’s best use case, decentralized finance, could help propel Etheruem to a $1 trillion market cap. This would take the […]

Ethereum has declined over the past 24 hours alongside Bitcoin and the aggregated cryptocurrency market. Despite flashing some signs of strength in recent times, this has not been enough to break its tight correlation with BTC. Advertisements Analysts do believe that the cryptocurrency is now positioning itself to post a massive upwards breakout in the […]

Ethereum’s price action in recent times has been lackluster to say the least, as it has been closely tracking that of Bitcoin as it trades within a wide and long-held range. Advertisements It does not appear that this is emblematic of the cryptocurrency’s long-term outlook, however, as one prominent venture capitalist is now noting that […]

Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks, which exposed it to some intense downwards pressure yesterday. Advertisements It has been able to post a swift recovery from its daily lows, and has remained firmly within its long-held consolidation phase within the $230 to $250 range. Although it […]

This morning, Ethereum network fees surged to over $2.6 million in a single hour. The spike in the metric was primarily due to one actor sending just 0.55 ETH, but paying over $2.5 million in USD value to do so. Advertisements Was this a costly mistake this user crypto user won’t soon forget, or is […]

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 […]