Ethereum Watch

The world’s largest altcoin has been able to attract much of the crypto-community’s attention thanks to the upcoming Ethereum 2.0, after Bitcoin followed its much-anticipated third halving with a lackluster period. Advertisements Source: Glassnode Advertisements According to data released by Glassnode, Ethereum’s supply has seen yet another fundamental improvement in its charts. According to the […]

Ethereum network just witnessed the highest value of transaction fees being spent on a single transaction. According to an on-chain data provider, Ether scan noted that on block number 10237208, a transfer of 0.55 Ether which was worth $133.87, was transacted for a fee of 10,668.73185 ether or $2.596 million. Advertisements Source: Glassnode Advertisements This […]

The collective market cap of the coins has been consolidating below $280 billion as Bitcoin’s dominance declined to 64.7%. After a minor surge of 0.77% over the last 24 hours, Bitcoin’s value was $9,770; altcoins however posted small surges as well. Advertisements Source: Coin Stats Advertisements Dogecoin [DOGE]: The 33rd largest coin, Dogecoin as per […]

May 2020 can be identified as a month of two halves. Advertisements During the start of the month, the bullish narrative surrounding Bitcoin was tremendous. The world’s largest digital asset had recovered a majority of its losses suffered during the month of March and April, setting the crypto-asset up for a pre or post-halving pump. […]

Disclaimer: This analysis will be attempting to foresee changes in Ethereum’s price charts up to the 3rd week of June.  Advertisements The last 7 days have been rather exciting for Ethereum, with the world’s 2nd largest digital asset continuing to outperform Bitcoin on a weekly basis. In fact, the crypto-asset spiked by 26.15 percent between […]

Ethereum and Cardano are two of the ecosystem’s most prominent blockchains, with both blockchains slated to undergo a transition in their underlying consensus mechanisms. Advertisements For Cardano, it has been quite an interesting year. The Charles Hoskinson-led ecosystem has been credited for its development activity in the past and as it neared a crucial transition […]

The cryptocurrency club is becoming exclusive, with countries around the world in a race to put forward their version of a central bank digital currency [CBDC]. China is the only country that has announced the launch of its Digital Currency Electronic Payment [DCEP] this year, with the same already in its testing phase. While the […]

The trend in the crypto market is often compared with Bitcoin [BTC] to define progress. However, Ethereum’s [ETH] on-chain metrics have been noticing a pump independent of Bitcoin market performance. According to data provider Glassnode, on 7 June, Ethereum’s daily network fees surpassed bitcoin’s fees. As Bitcoin fees continued to plummet to $308k, ETH’s fees […]

In the wider Ethereum ecosystem, DeFi has witnessed significant success over the last year. The Total value locked [USD] in DeFi skyrocketed to $1.25 billion on February 13th. This did not last long as it witnessed half of its value disappear along with the entire crypto-asset class shortly. The TVL in DeFi was reduced to […]

The second-largest cryptocurrency, Ethereum has been pushing for higher gains. The accumulation pattern has been strong throughout the month which indicated that investors were anticipating a price surge in the near future as the ecosystem nears the launch of Ethereum 2.0. Advertisements Ethereum [ETH] 1-Day Chart: Advertisements Source: ETH/USD on TradingView Ethereum has been consistently […]