Ethereum 2.0 could reduce energy consumption and optimize transaction speeds.
In brief: Ethereum turning 5 years old has had a bullish effect on the price of ETH. Ethereum has bulldozed past several resistance levels including $320. At its current momentum, ETH could retest the 2019 high...
Ethereum’s current on-chain metrics provide a 50:50 probability of ETH going either way However, similarities between the 2017/18 cycle and the current environment, point towards a dip by Ethereum Ethereum has also printed a rising wedge...
Quick take: ConsenSys is facing a multi-billion audit as a result of 35 shareholders filing a request with Swiss Courts to investigate irregular financial transactions The transactions involve the transfer of intellectual properties and subsidiaries from...
Quick take: Ethereum’s correlation to Bitcoin had dropped to as low as 0.42 in late November Such levels were last seen in 2018 Ethereum’s correlation to Bitcoin has since increased to 0.75 This is an increment...
Quick take: Ethereum is once again attempting to break away from the market influence of BTC ETH’s correlation to Bitcoin has dropped significantly and is in territory last seen in early 2018 The correlation could continue...
Quick take: Ethereum’s correlation with Bitcoin has started to increase once again. In late June and July, ETH looked set to break away from Bitcoin’s influence due to the DeFi boom and investors anticipating ETH 2.0. ...
It isn’t a secret that Ethereum (ETH) didn’t have a good 2019. The second-largest cryptocurrency and largest altcoin by market capitalization actually posted a negative performance during that year, underperforming Bitcoin’s dramatic 95% gain and strong...
Quick take: Ethereum’s daily active addresses have increased significantly in the last few days Such high activity on the Ethereum network is accompanied by ETH gaining significant value ETH has since broken the $420 and $450...
Ethereum’s 50-day MA and 200-day MA look set to form a death cross later this month The death cross might be postponed or averted completely by the launch of the London Upgrade Ethereum developer Tim Beiko,...
In brief: Yesterday’s market sell-off saw Ethereum dip from $1,900 to $700 in a few hours This is a massive 63% dip Ethereum soon recovered to the $1,800 price area and is currently trading at $1,400...
Quick take: Ethereum’s correlation to Bitcoin has been dropping since the DeFi boom of Q3 The progress of ETH2.0 has further accelerated this A drop in Ethereum’s correlation to Bitcoin hints of an altseason The weekly...