Ethereum: A quick recovery from these lower levels is possible because…

Ethereum, after emerging as the market’s top-performing asset over the last month, has once again tested its price levels under $4000. As Bitcoin slipped under $46k on 20 December, ETH too dropped by almost 5% and traded close to $3,817, at press time.  Over the last couple of days, however, Ethereum seemed to be recovering … Read more

Will December see Ethereum outperform Bitcoin again

The past year has proven more bullish for the top altcoin Ethereum, than for Bitcoin. Ethereum registered a rally of 535% over the year while Bitcoin recorded yearly gains of just over 60%, at press time. Furthermore, the same has also fueled Ethereum flippening Bitcoin and outperforming BTC narratives.  When the rise in the ETH/BTC … Read more

Ethereum outperforming Bitcoin means this for the rest of the market

The onset of December saw both top coins’ trajectories pick up pace, after a rather laid-back November. Bitcoin saw over 4% gains while Ethereum shot up by over 10% over the last two days taking the market by surprise. This, however, wasn’t the first time Ethereum outperformed BTC and other major alts.  Ethereum outperforms  The … Read more

Why comparing Ethereum, Bitcoin blockchain size is ‘not always particularly relevant’

Following a Twitter discussion on the differences in blockchain size of Bitcoin and Ethereum, BitMEX has released research touching upon those points. In response to the following tweet, Peter McLasso had also added that “Ethereum full archival node is 9TB when Bitcoin node is 412GB.” Therein, he might be referring to the archival node, as pointed … Read more

What’s contributing to Ethereum’s short-term price action, is it tied to Bitcoin

As Bitcoin took a dip under the $61K zone, Ethereum too couldn’t hold its ground strong for long. On the daily time frame, ETH traded at $4,177, noting an 11.54% daily price fall and 13.10% price loss on the weekly.  So, soon after Ethereum saw its highest weekly closing price of $4643 (vs USD on … Read more

Analyst says Ethereum is ‘massively undervalued,’ despite recent ATH

Ethereum recently climbed up to an ATH of over $4,440. And at press time, ETH was still hovering over the $4,300 levels. While many consider this to be strong levels, analyst Lark Davis argued that Ethereum is massively undervalued in his latest podcast. Five events to factor in Speaking in the context of Ethereum’s use … Read more

Are institutions in 2021 increasing their appetite for risk in cryptos

FOMO remains alive and well in the cryptocurrency world, with lesser-known tokens outperforming in recent times. Even compared to industry leaders Bitcoin and Ether. Here’s a recent report to further supplement this paradigm shift. Cryptocurrency exchange Okcoin published a report to highlight the rising demand for “younger” tokens amongst its customers. Okcoin witnessed a 450% increase in the … Read more

With dApps and smart contracts, will Stacks be Bitcoin’s entry into Ethereum’s turf

Bitcoin-focused DeFi has long been in the works, to take advantage of its decentralized network. Recently, Stacks co-founder and data scientist Muneeb Ali stated, “Bitcoin apps and contracts always sounded like good ideas in theory. The only thing that has changed now is that Stacks is making them real.” Stacks was introduced as a layer-1 … Read more

Looking at Ethereum now, it won’t be ‘crazy’ to expect this

Ethereum, the second-largest crypto-token, following its much-anticipated EIP-1559 upgrade saw a significant jump into the green  zone. However, at the press time, the largest altcoin was trading at the $2,952, with a 7% correction in the past 24 hours. Even though the asset did suffer a setback, analyst Lark Davis dished out his reasons to … Read more

Longing Cardano: Does this move make sense

Cardano’s price climbed 11.5% in a week and while its price jump from the July lows of $1.1 to the current price of $1.4 might look more or less monotonous there’s another take that often goes unnoticed. The fact that Cardano didn’t fall below the $1 mark and had a comparatively less volatile market during … Read more