Ethereum Watch

After briefly falling under the crucial resistance of $229 towards the tail end of February, Ethereum has managed to bounce back above the mark and has consolidated at a higher range. With a 2.84 percent hike over the past-24 hours, ETH was priced at $245.63 with a market cap of $27.02 billion, at press time. […]

Ethereum blockchain has been embraced by some of the world’s largest industry players. The world’s most popular smart contracts platform not only dominates the realm with respect to decentralized applications [DApps], but also in the field of decentralized finance [DeFi]. Advertisements Enterprise Ethereum is essentially “a term that is used to holistically refer to blockchains […]

A few days ago, Bitcoin advocate and venture investor from Morgan Creek Digital, Anthony Pompliano, compared the world’s largest altcoin to fiat money and stated that ‘the idea that ETH is money is fundamentally flawed.’ Advertisements Drawing comparisons between fiat currency and Ether, he wrote, “The issue is that Ether is no different than fiat […]

Ever since Ethereum was launched in 2015, it has been adopted widely by the crypto-space. However, while it arguably has been in the shadow of Bitcoin for a long time, given the Ethereum 2.0 update, the switch from Proof of Work [PoW] to Proof of Stake [PoS], and the ProgPow update, a lot has been […]

Ethereum has been considerably bullish since the start of March as the world’s 2nd largest crypto-asset appeared to marginally break away from its bearish rally. Ethereum was valued at $232, at press time, while its market cap remained just above $25 billion. ETH’s 24-hour trading volume was $17.39 billion, according to CoinMarketCap. Advertisements Source: Coinstats […]

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 […]