Ethereum Watch

Ethereum hodlers seem to be stashing more coins than ever as the world’s largest altcoin regained its strength over $200. At a time when the majority of the market’s alts appeared to be selling, ETH hodlers were seen accumulating, as observed by the crypto-analytic firm, Santiment. Advertisements Ethereum’s YTD gains stood at more than 63%, […]

Ethereum’s network has seen a significant increase in the issuance of stablecoins in recent times. CoinMetrics had indicated that the 7-day moving average of the total number of confirmed transactions on Ethereum’s blockchain as of April 30 rose to 845,400, the highest since July 1, 2019. Advertisements The fact that Tether (USDT), trueUSD (TUSD), Paxos […]

Despite there being great momentum in the spot market, the performance of Ether Options has been slow and conflicted. The Options market has limited participation from exchanges, with the lead exchange being Deribit which provides Futures and Options on Ethereum, as well as Bitcoin. As per data provided by Skew markets, on 5 May, over […]

Ethereum’s run in 2020 has been a fairly good one. Though down by over 27% since its yearly high, the world’s largest altcoin has been able to maintain a largely positive sentiment. Further, Ethereum has been noting strong hodling sentiment over the past couple of months too. Advertisements In fact, as of 3 May, it […]

The last couple of days in the month of April laid down the foundation for Ethereum’s rally in May, but the world’s largest altcoin has been rather disappointing over the past week. After hiking by 15 percent on 30 April, ETH’s valuation plunged by over 5.66 percent over the last 6 days. Advertisements With bullish […]

At this point in time, price is king. In less than 10 days, Bitcoin will go through its third block halving, undoubtedly setting off ripple effects across the rest of the cryptocurrency market, a market valued at over $250 billion, with the single largest altcoin contributor being Ethereum with a market cap of $23 billion. […]

Advertisements Two of the world’s largest financial services providers, Goldman Sachs and Morgan Stanley, are now hinting that the worst of the COVID-19 market rout is probably over and the economy is showing signs of improvement. Of course, not everyone agrees with that optimistic outlook. HSBC Holdings economist James Pomeroy, for example, has warned that […]

The cryptocurrency market noted speedy recovery following the significant losses it faced after the crash in March. After a period of steady consolidation, the Bitcoin market soon broke above $8k, with the king coin, at the time of writing, wavering between $8.8K and $9.2K. The coin noted a cumulative gain of 16% over the past […]

Advertisements New research has suggested that the initial phases of the highly anticipated upgrade for Ethereum could launch as soon as July of this year, assuming there no further delays. BitMEX research has taken a deep dive into the Ethereum 2.0 upgrade, which will herald in a long-awaited migration from proof-of-work to proof-of-stake consensus. The […]

The crypto-market noted a minimal surge on 4 May, resulting in the value of Bitcoin [BTC] surpassing $9k. And while most altcoins did note rising prices, the price momentum of these cryptocurrencies was not enough to turn around the existing market trend. Advertisements Ethereum [ETH]  Source: ETH/USD on TradingView Advertisements On 4 May, Ethereum rejoiced […]