Ethereum Watch

There are quite a few factors that influence the growth and consolidation of the digital asset industry. Whether it is institutional involvement or popular market sentiment or even a political event, the market has shown a tendency to be affected by a host of variables. Advertisements However, recent data suggests that the contributory factors to […]

It has been close to 2 weeks since the market crash took place and since then, the charts of major assets have significantly stabilized. Ethereum continued to exhibit sideways movement between $123 and $135 but at press time, it remained just above the resistance at $135. Advertisements At press time, the market cap continued to […]

Showing clear signs of revival, Bitcoin went up by a whopping 21% between 23 and 24 March. During this time, the king coin’s price climbed close to the $7,000 level. However, despite continuously trying to establish a higher foothold after the great fall in the second week of March, Bitcoin again retraced its steps back […]

Bitcoin has cemented itself as the world’s largest cryptocurrency, with Ethereum in second place with a market cap of $15 billion. However, in the digital asset lending market, Ethereum’s decentralized finance applications and DeFi have also established themselves. In fact, earlier in 2020, the total value locked in DeFi had exceeded $1 billion. Advertisements Interestingly, […]

Ethereum has had a tough journey this bear market, following its strong correlation with Bitcoin. Despite the losses incurred by the second-largest cryptocurrency, however, it was still reporting 4.01% in returns for investors in 2020. In the meantime, ETH’s correlation with the traditional asset class seemed to have surged over time and was, at press […]

After several retracing attempts, Ethereum could finally be on its way to recovery. At press time, following Bitcoin’s footsteps, Ethereum was up by 9.24% over the last 24-hours and was trading around the crucial resistance level of $137.06. Advertisements As the second-largest cryptocurrency geared up for a bullish reversal, its network fundamentals were also observed […]

The month of March has been chaotic for most crypto-assets after they faced devaluation, followed by a sudden pump, followed by more prices getting slashed. The world’s largest altcoin, Ethereum, has also been trying to stay away from the market’s bearish sentiment, but has not been successful. However, the correlation between Bitcoin and Ethereum has […]

Over the past week, Ethereum has been able to re-ignite some of the early year momentum. Hiking by almost 22 percent since 14th March, Ethereum’s market cap improved to $14.25 billion and the asset was valued at $129.35. Advertisements 4-hour chart of Ethereum ETH/USD on Trading View Advertisements Etheruem’s 4-hour chart indicated that the price […]

As we enter the final week of March, users in the digital asset space are bracing themselves for another unexpected tussle. The current month has been as unpredictable as the weather, with the markets experiencing a period of both bullish and bearish momentum. Advertisements The bearish slump on 12th March was particularly alarming as many […]

The top three coins based on market cap, Bitcoin, Ethereum and XRP have been in the same boat as that of stocks and traditional assets, which have both dropped by historic levels. However, the Bitcoin and the larger cryptocurrency ecosystem might just be decoupling from the stock market. Advertisements The cryptocurrency market’s correlation with Bitcoin, […]