Ethereum Watch

Advertisements Ethereum’s evolution into a completely decentralized financial ecosystem is progressing steadily. Stablecoin issuance on the network has surged, and almost 50% of its total value is now in ERC-20 tokens. Messari crypto researcher, Ryan Watkins (@RyanWatkins_), has observed that ERC-20 tokens are approaching 50% of the total value stored on Ethereum. Over the past […]

Advertisements Speculations were rife in the cryptocurrency space for about a week about the much-hyped client conference call by Goldman Sachs. As BeInCrypto previously, reported, the financial giant was supposedly planning to focus on ongoing financial trends and their impact on inflation, gold, and Bitcoin. However, even before the conference call took place on May […]

Advertisements Bitcoin may have stumbled at resistance and could be heading for a prolonged period of consolidation at lower levels. Ethereum, however, could be on the cusp of another bull market as on-chain metrics and signs continue to improve. In a lengthy thread, DTC Capital head Spencer Noon (@spencernoon) posted several charts and metrics that […]

Advertisements Following a slightly disappointing start to the week, the BTC-USD pair bounced back from the $8,600s and is now gradually approaching $9,000 yet again. Whether or not the bulls manage to build on this momentum to push the price beyond the resistance around $9,100 remains to be seen. By now it is becoming clear […]

Advertisements Bitcoin started the week on a much weaker note after the bulls failed to keep the BTC-USD pair afloat over the key support line at $9,100. As of writing, the benchmark cryptocurrency is down more than 5% since the intraday high of $9,300+ on Saturday and is trading at just over $8,850. As BeInCrypto […]

Advertisements TRON founder Justin Sun recently held a poll on Twitter where he asked the question: ‘TRON 4.0 vs. Ethereum 2.0: Which one is better?’ The poll had Ethereum 2.0 widely in the lead with 72.2% of the 20,300 votes cast. However, the results were soon flipped on their head. Hours later, TRON was leading […]

Advertisements Ethereum prices are starting to weaken again as Bitcoin fails to break over an important resistance. On-chain metrics and fundamentals for the ETH network are still looking positive, however. On-chain market analysis provider Glassnode has delved into addresses on the Ethereum network, identifying a bullish trend. There are now 40 million ETH addresses holding a […]

Advertisements Reddit has revealed plans to create a system of Ethereum tokens to incentivize quality posts and comments. Reddit Gold could soon be replaced by tokens on Ethereum, a recent slide presentation by Reddit reveals. The idea is that users will be awarded points by their fellow subreddit users. These points can then be spent […]

Advertisements Speculations are rife about the possibility of the US Federal Reserve adopting a negative interest rate policy (NIRP) anytime now. Analysts often argue that unorthodox monetary policies such as negative interest rates are inherently inflationary. According to many, a naturally deflationary asset like Bitcoin stands the perfect chance to draw more investments from strategic […]

Advertisements Following a low-key third halving (in terms of price), Bitcoin was maintaining a sort of quasi-stability in the high-$8,000s for nearly two days. On Wednesday, however, things started pacing up once again as the benchmark cryptocurrency crossed the psychological barrier at $9,000 and then went straight past the resistance at $9,200. Many observers were […]