In summary: Timothy Peterson has forecasted that Ethereum will continue to outperform Bitcoin in the short-term He also forecasted that Ethereum could hit $4k in Q2 Ethereum just hit a new all-time high of $2,146 –...
657,770 Ethereum worth $1.973 Billion has left crypto exchanges in the last week 11,933 Bitcoin has been sent to exchanges in the same time period ETH investors continue to play the long game with Ethereum The...
Ethereum Startup Relaunches In early-August, Dharma, an Ethereum-based decentralized finance (DeFi) solution, suddenly shuttered its doors. This came after the platform was hit with a number of bugs (I, personally, was affected when my money was...
LINK Network Activity On the Up-and-Up The cryptocurrency market seems widely unrelated to fundamentals, with a majority of industry news events barely making Bitcoin budge. However, analysts suggest that the on-chain activity of a digital asset...
Enjins Makes Foray Into Japan For a number of years now, Japan has been a home of the cryptocurrency industry. The controversial and now-defunct Mt. Gox, the legendary exchange that brought Bitcoin to the mainstream and...
Quick summary: $228 is once again the level to watch ahead of Ethereum’s weekly close. This area has provided adequate support for ETH since the beginning of June. With a new week ahead, and like Bitcoin,...
In summary: Ethereum’s price is consolidating below $400 and above the $365 support zone. A loss of $365 for ETH could break Ethereum’s bullish run in the crypto markets. $365 was Ethereum’s peak value in 2019. ...
Quick summary: The short term correlation between Ethereum and Bitcoin is gradually dropping. The drop could signal the end of a 3-year high correlation between BTC and ETH. The last time Ethereum’s correlation with Bitcoin dropped...
Summary: The number of unique Ethereum daily addresses interacting with the ETH network has continued to decline since July The decline has accelerated since mid-September Back in August, Crypto analyst Timothy Peterson had predicted that Ethereum’s...
Quick take: Ethereum’s mean hash rate has hit a new all-time high of 250 Terahash per second Ethereum’s hash rate has grown by 80% since the beginning of the year This is as a result of...
Quick summary: Ethereum miners are reaping big from ETH fees due to DeFi Their earnings from transaction fees have surpassed those being earned on the Bitcoin network Additionally, the amount of Bitcoin being wrapped on Ethereum...
Quick take: The average number of daily active Ethereum addresses has risen from 338,375 to 389,947 in the past 12 days During this time period, Ethereum’s network has grown by 13.2% The increased network activity is...