Ethereum Watch

The sudden change in market sentiment pumped the price of Bitcoin over its psychological $9k barrier and like the pied piper it is, the rest of the crypto-market followed its lead. Ethereum [ETH], the second-largest cryptocurrency in the market, also noted a tremendous rise in its price on 5 March. The valuation of the coin […]

Consequences of the bearish rally over the last week of February have caught up with a multitude of major digital assets across the industry. Advertisements According to Coinmetrics’ latest State of the Network report, the CM Bletchley Indexes were negative for all the major coins, including major assets like Bitcoin and Ethereum. Surprisingly, Bitcoin was […]

“ETH is money” is a prominent narrative that has taken over the ecosystem over the past few months. With the significance of DeFi taking new forms over the past few months, it was recently found that over $1 billion in terms of ETH had been locked-in in active contracts. Advertisements While the ETH blockchain is […]

After registering a yearly high of $289 on 14th Feb, Ethereum’s valuation has dropped under key supports levels at $279, $255 and $229 over the past two weeks. Consecutive slip-ups on 15th, 19th, and 24th February led to a slump of 26 percent, with the price stooping as low as $211. Advertisements At press time, […]

Ethereum, like Bitcoin, is stuck with its price trying to decide which way to move. The brutal sell-off that began on February 24 ended with most altcoins dead in the water. ETH rose 126% since 2020, however, it shed 23% of that surge in under 14 days. Advertisements Similar to most altcoins, Ethereum is undergoing […]

Options, in the cryptocurrency world, have altered the markets, both in the here-and-now, and going forward. Advertisements Bitcoin, teetering at $8,600 for the third day in the row, amid pandemic fears, tearing down traditional markets looks to rise back quicker than its peers. The king cryptocurrency, closed out the month with negative returns, following a […]

In the crypto-verse, Bitcoin continues to be a dominant force, followed by Ethereum (ETH). At press time, Ethereum had a market cap of $25 billion, a figure which was easily dwarfed by Bitcoin’s. However, Ethereum does dwarf Ethereum Classic, with the former’s market cap over 26 times that of the latter. Advertisements A recent blog […]

As February 2020 ends, it can be observed that Bitcoin’s performance in the market has been a tumultuous ride. The largest cryptocurrency in terms of market cap was, at press time, reporting a YTD return of 22.99%, a figure which was much higher before the drastic fall a few days ago. The coin began its […]

Ethereum has recorded an exponential increase in both spot, as well as derivatives volume. With strong metrics, Ethereum has become one of 2020’s biggest showstoppers in the crypto-space. The second-largest cryptocurrency by market cap recorded over 75% in YTD gains from trading at a low of $130 on 1 January to a whopping $228, at […]

Grayscale’s Ethereum Trust [ETHE] made headlines on 27 February after its premium rates hit a high of 465 percent for the ETHE holdings worth only around $21.29 per share, at that time. As previously reported, many have speculated that a surge in premium could have been due to increasing institutional demand, in spite of the […]