In brief: Ethereum has ploughed through the $290 resistance level. $320 is the next big hurdle for Ethereum. With a bullish Bitcoin and crypto environment, Ethereum can recapture lost ground and reach levels last seen in...
In brief: It has been an exciting week for Ethereum as ETH broke the $250 resistance level. Next on its path, is $290 and Ethereum looks set to break this level also by August. Ethereum open...
In brief: China has ordered the US to close the American consulate in Chengdu. This move is in retaliation to the United States ordering the closure of China’s consulate in Houston. The back and forth between...
Quick take: For 3 days, before ETH broke $250, whales moved 700,000 Ethereum. The move could signal a pending top for ETH and whales are orchestrating an exit. Ethereum (ETH) opened the week at a value...
Quick take: The OCC has formally given the green light for US banks to offer crypto custody solutions for their customers. Bitcoin (BTC) and Ethereum (ETH) have rallied as a result. US Banks being allowed to...
Quick take: Bitcoin’s move above $9,300 has spread a wave of optimism in the crypto markets. Ethereum has surged from $230 levels to $245 and looks set to attempt $250 once again. Ethereum has tested the...
Quick take: Ethereum’s price action has continued to be dull and resembles that of Bitcoin. Ethereum’s fate could be tied to that of Bitcoin. A possible postponement of ETH2.0 might have caused Ethereum to experience a...
Quick take: The amount of Ethereum locked in DeFi continues to rise. Approximately 3.5 million ETH is locked in DeFi. Majority of the Ethereum is locked up in the DeFi apps of Maker and Compound Finance. ...
Summary: Popular Bitfinex Whale, @Joe007, has compared ETH2.0 to a marketing ploy luring greedy Ethereum plebs. According to him, staking will trap their ETH forever while insiders unload their riches of ETH1.0. Additionally, the concept of...
In brief: Ethereum investors could be in for another tumultuous ride as ETH2.0 faces possible delays. One estimate pushes the launch to January 2021. The Ethereum Community wants ETH2.0 launched in 2020. ETH/USDT risks losing the...
Quick take: Bitcoin has been in a state of continuous sideways movement since early June. Social media dominance of BTC has been dropping and could point to an alt season. A bullish ETH/BTC chart hints of...
Quick take: In Q2 2020, the Ethereum network witnessed a significant increment in ETH addresses. DeFi is fuelling a surge in activity on the Ethereum network. Interest in Decentralised Finance has led to an increment in...