Ethereum Watch

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements Since striking its ATH on 10 November, the king alt has been on a steep downtrend in the last 11 weeks. The descent saw a clash between the buyers and sellers at the $4,000-mark Point […]

Ethereum‘s infrastructure for smart contract-based decentralized applications has so far been unmatched in the blockchain industry, primarily due to its first-mover advantage. However, this dominance has been waning significantly over the past couple of years with the emergence of several alternative layer 1 networks that offer similar features to Ethereum, often at a lower price […]

The month of January has spooked the market amid a larger sell-off that has kept the sentiments damp. As per the latest CryptoCompare report, Bitcoin and Ethereum fell by 23.3% and 36.9%, respectively, during the month until 27 January. Advertisements The downward spiral of price Most of the tokens were trapped in a downward spiral […]

There are a lot of “what if” questions in crypto, and the 51% attack is a favorite one to revisit. Now, Ethereum founder Vitalik Buterin has published his latest take on the matter, as he takes a look at the security of smaller chains. Advertisements Size isn’t everything In a Reddit thread, Buterin introduced the […]

Ethereum, the largest altcoin and Bitcoin had battled it out for the number one and two spots in the market cap rankings. The incredible rise of NFTs and DeFi spurred waves of investment into Ethereum. This lead some in the industry to believe that Ethereum could flip Bitcoin by the end of 2022. However, some […]

Layer 2 protocols aimed at bringing scalability to the ever-congested Ethereum network have been stealing the crypto show ever since the DeFi summer last year. One platform that especially stood out was Polygon, which has become a go-to for many to for many DeFi proponents looking for low fees and high speed on their transactions. […]

Following the king coin’s footsteps, ETH oscillated in an up-channel (reversal pattern) whilst trying to retest the $2,550-level. Further, Dogecoin also formed a reversal pattern after displaying a decent recovery. But it lacked trend-altering volumes. Advertisements On the other hand, Waves saw a noteworthy breakout and pulled back from the $11-mark.  Ether (ETH) Source: TradingView, […]

Despite the fact that a bear market might be taking over, fund managers remain hopeful about the crypto-space in the long-term. In fact, the most recent report by Cathie Woods’ ARK Investments has claimed that both Bitcoin and Ethereum have trillion-dollar futures lying ahead, owing to their continued growth in utility. Advertisements Hope for Ethereum […]

The Non-fungible token (NFT) market is booming, and at its helm is the top NFT marketplace – OpenSea. Or at least it used to be before it was overtaken by the newly launched LooksRare. The latter is now handling traffic worth more than double the figures registered by OpenSea. Advertisements Naturally, OpenSea has been looking […]

The sell-offs over the past few weeks were aggravated after the crypto-market suffered massive price correction. At the time of writing, the global crypto-market capitalisation stood at just $1.62T. However, digital asset investment products experienced inflows last week for the first time this year (2022). A small, yet significant development. Advertisements A ‘buy-the-dip’ underway? According […]