Ethereum Watch

Bitcoin’s price performance marked a strong April for the king coin, with Ethereum following up in May with strong positive returns of its own. However, the month of June has been quite lackluster, especially for Bitcoin. Over the month, Bitcoin has shaved 7.5 percent of its valuation, while Ethereum has registered losses of close to […]

Disclaimer: This article attempts to analyze Ethereum’s price movement leading up to a potential breakout in the first week of July.  Advertisements Ethereum has been one of the best performing cryptocurrencies this year. After facing a couple of bearish days, Ethereum has once again started consolidating above the $230-mark. After surging by 3.19% over the […]

Advertisements Decentralized finance markets have largely weathered the economic storm this year and continue to mature despite the crypto market remaining relatively flat. This new financial landscape could have a much greater impact on Ethereum than the ICO boom. Ethereum provides the foundation for DeFi since it is currently the global standard for smart contracts […]

Disclaimer: This article attempts to determine the price action of Ethereum on the 15th of June. Advertisements Ethereum dropped by 5.26% over the last 24-hours owing to another downside market correction. Despite multiple attempts to break above the $250-mark, the largest altcoin has so far failed to break that barrier. The two consequent pullbacks have […]

Over the past couple of months, Ethereum has witnessed strong network fundamentals indicating a positive sentiment as it neared its biggest transition. In another milestone for the coin, Ethereum gas usage was currently at an all-time high. This was noted by the crypto-analytic firm, Glassnode, which further revealed that there was an increase of 58% […]

Only days after nearly $2.7 million in Ethereum transaction fee was levied on a transaction worth about $130, or 0.0048 percent of the fee, the trading volume for the largest altcoin has dropped to a three-month low. While correlation does not equate causation, it comes at a time when the price of Ether is primed […]

For the world’s top two cryptocurrencies Bitcoin and Ethereum, this year has been quite significant. While Bitcoin underwent its third halving, Ethereum is soon to transition to ETH 2.0 that will move away from the Proof of Work consensus algorithm to the much-anticipated Proof of Stake system. For BTC and ETH, these changes are likely […]

Despite maintaining a close call with Bitcoin, Ethereum has so far outperformed the benchmark cryptocurrency in the two quarters of 2020. This was also evident when the world’s largest altcoin bounced back, before testing any crucial support, following the latest market dip. It would seem thus, that Ethereum is well on its way towards recuperating […]

One of the most striking improvements noted by Ethereum this year has been with respect to its network utilization. Advertisements As observed in the chart below, since the start of January, the rate of ETH network utilization has grown at pace, and despite the market crash in March, the utilization percentage has continued to build. […]

The past few years have shown that there is an ever-growing demand for stablecoins. For many users, stablecoins seem to be a natural progression in the world of finance. Interestingly, for many developers, the Ethereum blockchain is developing to be a prime environment for stablecoins to be built on. Advertisements During a recent episode of […]