Ethereum Watch

It’s been quite the drama for a certain cryptocurrency over the past couple of days – Shiba Inu (SHIB) – with its vocal community part of an intense commotion on Twitter. In fact, SHIB’s community was in an online spat with CoinMarketCap and, it didn’t hold back. Advertisements As one may know, SHIB incorporates only […]

While the bulls still could not alter the broader outlook, the global crypto market cap kept slackening. Consequently, Ethereum and Shiba Inu’s RSI saw confirmed double-top after a sharp plunge below their supports. However, Ethereum’s CMF bullishly diverged with its price. Advertisements Shiba Inu also saw an oversold position, but its OBV seemed hopeful for […]

The Ethereum upgrade that introduced a partial network fee burning mechanism in August last year is currently making headlines again. Ethereum sidechain network Polygon is in the news today after it incorporated the same update (EIP-1559) within its ecosystem. Advertisements The ‘deflationary’ club  Folks, #EIP1559 is a few hours away from going live on the […]

Just like the bloodbath seen across the rest of the crypto-market, Ethereum has also lost over 17% of its value in a week. At the time of writing, the coin was hovering close to the $3,165-level. Advertisements Meanwhile, analyst Peter Brandt indicated in a tweet that ETH appeared to be in a bear trend as […]

‘NFT‘ the acronym standing for the non-fungible token is currently the buzz word going forward. At least the buzzword we’ve heard over and over again in the past 12 months. As big as 2021 has been for non-fungible tokens, industry players expect 2022 to be even bigger for it. The arrival of regulation may place […]

The cryptocurrency industry’s unparalleled boom last year had brought with it the attention of regulators worldwide, all of whom have shown varied levels of acceptance towards the emerging asset class. The U.S Securities and Exchange Commission’s Chief for instance has repeatedly expressed his skepticism about the lack of investor protection and information offered by blockchain […]

The Solana network’s shot in the spotlight might just be far from over as yet, especially now that the Bank of America has expressed future optimism for the top smart contract platform, even analogizing it as the “Visa of the digital asset ecosystem” after it managed to facilitate a large number of transactions over the […]

As the broader sentiment improves, the king alt recovered from the 61.8% Fibonacci support and crossed its 4-hour 20-SMA.  Advertisements On the other hand, Terra jumped above its 20-50-200 after clawing back to its 38.2% support level. Although Ethereum, Shiba Inu and Terra noted double-digit gains from their long-term supports, they needed to back it […]

Keeping the squabbles about the broader sell-off aside, ETH managed to keep its long-term 61.8% Fibonacci support intact. However, it still needed a compelling close above the 20 SMA on increased volumes to make way for a possible recovery. Advertisements Filecoin, on the other hand, continued its bearish outlook while staying below the 20-50-200 SMA. ICP […]

One of the most visible victims of the recent bloodbath has been Ethereum‘s native token. Ether has lost 17.3% of its valuation in just the past week. Regardless of this, institutional proponents have continued to place their faith in the blockchain network even as “ETH-killers” threaten to dethrone it from the top spot. Advertisements The […]