Quick take: Hodlers of over 1.23 Million Ethereum Classic addresses bought ETC at or near the all-time-high in January 2018 of $47. This translates to roughly 69% of Ethereum Classic holders. Ethereum is currently valued at...
Decentralized finance is growing at a rapid pace, and at the center of it all is Ethereum. Sentiment surrounding the largest altcoin in the cryptocurrency industry, however, is extremely low after a prolonged bear market. The...
In brief: The Filecoin (FIL) mainnet is still on track for a Q3 launch. CoinList to be the primary distributor of Filecoin tokens. To kick start development on the platform, a virtual hackathon has been launched...
In brief: Real-time data reveals that Ethereum is still the most active smart contract platform. Tron (TRX) ranks second with EOS, Tezos (XTZ) and Cardano (ADA) coming in third, fourth and fifth respectively. Ethereum’s dominance in...
The start of the year has not been good for Ethereum. The transaction count had declined to twelve months low during February, along with the price collapse of Ether, which trailed the cryptocurrency market in general....
In brief: Ethereum experienced the second-highest number of monthly transactions in June 2020. ETH’s highest monthly transactions were in January 2018 when Ethereum hit a new all-time high of $1,432. Additional data points to Ethereum experiencing...
Quick take: Support for Ethereum Improvement Proposal 1559 is gathering traction. The ETH community is crowdfunding efforts to have it developed and implemented on the Ethereum blockchain. 43 ETH and $16,800 in DAI have been raised...
In brief: Ethereum is once again battling to maintain the $228 support zone. All signs point to BTC heading to lower levels. However, ETH’s bullish momentum is very much intact primarily due to ETH2.0. Ethereum could...
In brief: Bitcoin’s correlation with the S&P 500 is still very much intact as witnessed in yesterday’s dip. Ethereum is also highly correlated to BTC. Therefore, logic dictates that Ethereum is also highly correlated to the...
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,...
Quick summary: Compound Finance has shaken up the DeFi industry since Coinbase announced it was listing COMP on June 22nd. The value of COMP has seen tremendous gains in a period of a week from a...
In brief: Ethereum investors and traders are anticipating a July 2020 launch of ETH2.0. Progress of ETH2.0 is very much on track despite a few hints that the launch might be pushed forward. Investors and traders...