Ethereum Watch

Altcoins have always exhibited a strong correlation with Bitcoin and tend to follow its price movement religiously. Since the start of the month altcoins once again seemed to have followed Bitcoin’s slight downward trend. Advertisements Source: Coinstats Advertisements At press time, Bitcoin was being traded at $9667 and had registered a 24-hour volume of $7.8 […]

The ongoing developments associated with Ethereum 2.0 are real and significant. Advertisements The 2.0 testnet which was introduced back in April 2020 received a lot of reception off the bat as the number of addresses with 32 ETH spiked, evidence of the rush to become validators on the Ethereum 2.0 network. Consistent rewards of 4.6% […]

The usual norm for the crypto-market is that altcoins follow the lead of Bitcoin, the world’s largest cryptocurrency. That is the case at the time of writing as well, owing to not only BTC’s significant market share, but the alts’ correlation with it as well. However, the effect of the same was inconsistent across the […]

Ethereum witnessed a turbulent start in June 2020. Advertisements Over the past 4 days, the second-largest token has reached as high as $253 in the charts but registered a massive pullback to $225 within 5 hours. On-chain metrics were reacting to such turbulence and the level of activity in terms of movement was significant. Advertisements […]

The month of May was filled with volatility as the price of Bitcoin kept swinging constantly. Despite the sell-off in the market, the value of BTC remained above the $9k resistance. While the first day of June turned into large support by traders as the coin breached $10k, however, as the pump was not supported […]

March witnessed a rather flat month with respect to the institutional capital as volumes across the derivatives platforms stagnated. The following month saw interest surging to an unprecedented level with big institutional platforms such as Bakkt and CME breaking previous records and marking new all-time highs. Advertisements In a recent development, the cryptocurrency fund investment […]

In what was yet another example of the cryptocurrency market’s inherent volatility, Bitcoin, the world’s premier cryptocurrency, sharply fell within a few hours after a brief period when it breached its psychological resistance at $10,000. However, while many in the community did expect corrections to come, the general mood remains one of optimism. Advertisements Source: […]

As May concluded, the cryptocurrency market took a sigh of relief as it was able to close on a positive note. The fifth month of the year saw volatility creep back into the market, contributing to drastic changes in the trading activities of the industry’s users. Similarly, the sudden push in Bitcoin’s price provided a […]

Ethereum surged significantly over the last 24-hours, a movement that catapulted the altcoin’s price to $251.7, at the time of writing. While its recent gains weren’t enough to recover the losses incurred during the crash, the coin, however, might attract another bullish swing in the near-term. Advertisements Ethereum 1-Day Chart Advertisements Source: ETH/USD on TradingView […]

The cryptocurrency market noted a rather flat month in May. While the general consensus in the community was that Bitcoin’s third halving will rally the bull market, the bulls did not materialize. However, with the last month of the second quarter now beginning, a new phase of market fluctuations may just dawn upon everyone. Advertisements […]