Ethereum Watch

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 […]

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 […]

With Bitcoin not budging above $9,500, the rest of the cryptocurrency market has taken a breather. As some altcoins have managed to stay relatively calm, others have deviated from their ongoing positions and are slumping. Ethereum, the largest alt in the market has constantly hit resistance after resistance, while Chainlink and Tezos are feeling a […]

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 […]

Spot exchanges have been suffering over the past couple of months, as underlined by the outflows generated in terms of Bitcoin. With investors looking out for another medium to acquire digital assets, no group of investors is currently paying more than the ones involved with Grayscale, especially the Grayscale Ethereum Trust. Advertisements Source: Grayscale Advertisements […]