Ethereum Reviews & Comments 2020



Confirming its ability to quickly recover positions, the leading altcoin Ethereum (ETH) is again approaching $ 600. The coin barely broke the threshold last week as the selloff began. The coin fell below $ 500, but immediately after a significant increase in demand began, which indicated the desire of investors to open positions at a discount. However, an even more positive effect can be considered the fact that investors consider levels around $ 500 to be a good entry point and believe in further growth. It is worth remembering that Ethereum (ETH) was trading at $ 130 in early 2020.

Marcion_Krups   December 1, 2020  


During the extremely increased attention to Bitcoin, crypto market participants have cooled somewhat towards Ethereum. Until the end of November, you need to collect 524.288 ETH to launch the next phase of ETH 2.0. However, after the first rather striking successes, which were based on large one-time contributions, the community became very cool about the project. This was the factor that slows down the growth of ETH at the moment of general enthusiasm. There are several reasons for this: hypothetical community members find Ether too expensive at current levels. In addition, the deposited coins will be blocked indefinitely. Considering how many years it took to reach even the current stage, staking esters can get stuck there for years. Nevertheless, the algorithm is designed in such a way that even if the required amount is not reached in time, the next phase will still be launched 7 days after receiving the required number of coins, whenever this happens.

wise_investor   November 21, 2020  


Very soon, interest in the cryptocurrency market may become wider again, moving from the first cryptocurrency to the top 10 and then to a wider list of altcoins. The first signs of this movement can already be noted. In this case, we see the positive dynamics of Ethereum (ETH). Over the past day, Ethereum (ETH) has grown more than 6% to $ 404 on the news of the launch of ETH 2.0. The ETH community is in a very high spirits due to the long-awaited news, as shown by the price increase. The developers have already opened the opportunity for staking for ETH holders. According to ETH 2 Launchpad, nearly 16,300 ETH have been raised so far. According to analysts at Glassnode, the mainnet may launch on December 1.

Philosopher   November 6, 2020  


As the popularity of Bitcoin grows, so does the cost of transactions. The network recently recorded one of the largest transactions in the amount of $ 1.3 billion (94.5K BTC) with a commission of only $ 3.5. However, as interest and trading volume increased, transaction fees increased from $ 3.5 to $ 10. Despite this, Ethereum (ETH) miners are still making more money from stablecoins and DeFi. According to Messari, as of October 25, ETH miners earned $ 1.74 million per day, while BTC miners $ 1.54 million. Although fees are growing, they still cause slight bewilderment, since users are infinitely more profitable in terms of fees and transaction speed in the banking sector.

l00k$_1ntere$1ng   October 30, 2020  


PayPal's official announcement to add the ability to buy and sell cryptocurrencies, including Bitcoin, was a very strong impetus for the growth of the first cryptocurrency, probably becoming a key event that managed to poison the first cryptocurrency in search of new peaks. In addition to Bitcoin, this also applies to Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC). All of the listed coins went into growth amid this news.

T-Bone   October 26, 2020  


Over the past week, 72% of participants out of 250 leading digital currencies fell, in a broader format it is clear that alternative cryptocurrencies are holding up well. The leading altcoin Ethereum (ETH) has grown by 180% since the beginning of 2020. Bitcoin cannot boast of such growth and many are afraid of the increased dependence of cryptocurrency dynamics on the mood of traditional markets.

Anthon10   October 2, 2020  


Ethereum 2.0 developers have launched the final Spadina testnet. The network with a three-day lifecycle will be the "dress rehearsal" for the launch of Ethereum 2.0. Spadina will allow the network rollout and deposit contract processes to be re-run. The network will operate in parallel with the existing Medalla testnet. After 3 days, the developers will stop supporting it. Epoch zero has ended in the Spadina network. The level of participation of validators is still estimated at 35%, which is significantly lower than expected. A similar situation was observed during the launch of Medalla, but subsequently the network stabilized. In total, Spadina has 2 856 validators who have contributed 91 392 test ETH for staking. Preparations for the launch of Ethereum 2.0 are going according to plan. The release of the zero phase of ETH 2.0 should take place in November this year.

ArchGabriel   September 30, 2020  


Although developers face difficulties on the way to the transition to Ethereum 2.0, transaction fees on the blockchain exceed $ 10, ETH not only holds positions, but also grows, which is a rather rare story for "cryptostars-2017". This success owes Ether to the widespread use of the blockchain by stablecoins and DeFi, which were on the rise in 2020.

Amadeus   September 21, 2020  


The reason for optimism in the market was the message that Ethereum miners earned a record $ 1 million in an hour. This happened as a result of the fact that commissions on the network of this cryptocurrency increased significantly due to the free distribution of the token. The Ethereum-powered Uniswap exchange issued its UNI token and gifted it to users for $ 1,500: market participants paid $ 50 per transaction to collect their prize as soon as possible.

Cornelius   September 18, 2020  


The Ethereum 2.0 update, as previously planned, will be released in November of this year. In October, the developers plan to complete work on the security of the new blockchain and begin to improve the user interface. This news somewhat reassured market participants after the information appeared on the eve that the developers had discovered a vulnerability in the test version of the updated network, which makes it weak in front of possible hacker attacks.

Clau$$   September 15, 2020  


The Ethereum developer has discovered a potential vulnerability in Ethereum 2.0 - a low level of participation in staking, this could allow the whales to disable the network. This is bad news for Ethereum investors as they have high hopes for a new version of the network.

Cornelius   September 14, 2020  


Although developers face difficulties on their way to the transition to Ethereum 2.0, transaction fees on the blockchain exceed $ 10, ETH not only holds positions, but also grows, which is a rather rare story for the "crypto stars of 2017". This success owes Ether to the widespread use of the blockchain by stablecoins and DeFi, which were on the rise in 2020.

Mi11Mike   September 12, 2020  


Ethereum (ETH) is showing significantly more significant growth. Despite the rise in transaction fees on the blockchain, which makes it inaccessible to ordinary users, the project is attracting huge attention and has the potential for further growth. First of all, now it's about decentralized finance. Cryptocurrencies are still aiming at creating a "superstructure" over the financial system. If Bitcoin didn't succeed, then DeFi tokens have become more flexible and much more similar to the traditional banking sector.

Casual Millionaire   September 10, 2020  


Investors in China are massively withdrawing Ethereum from marketplaces, deleting accounts, and encouraging other users to do the same. The outflow of funds was recorded from the platforms Binance, Poloniex, Bittrex, Kraken, Kucoin and Bitfinex, said local journalist Colin Wu on his Twitter account with a link to the analytical service Cryptoquant. There are two reasons for this peculiar movement. Firstly, over the past week, many sites experienced delays in withdrawing funds and interruptions in work. For example, Poloniex disabled withdrawal three times in September due to problems with Ethereum and Tron wallets and all tokens based on them. Another reason is the development of the decentralized finance (DeFi) sector. Traders most of all withdraw Ethereum to DeFi-sites for "profitable farming". The essence of this strategy is to make a deposit on the platform and receive a percentage on it in another cryptocurrency, that is, “harvest”.

Rodri   September 9, 2020  


The most impressive drop was shown by coins from the DeFi sector. After such a rapid growth, such a scenario was inevitable. The main question is different: will there be a rebound? If DeFi coins are a purely speculative topic with bubble properties, then a return to growth would be a big question. Nevertheless, we see now that DeFi cryptocurrencies were the first among cryptocurrencies to recover after the fall. It is likely that pent-up demand is now in force, and investors who have missed the moment of the price jump are entering the market. In the medium term, there are still good chances for several more cycles of significant growth. Further, restrictive factors can come into play, including regulation or technical aspects. In addition, scenarios with hacker attacks should not be ruled out. During the ICO boom, news of multi-million dollar hacks came with almost the same frequency as news of successful fundraising rounds.

Gaborek   September 8, 2020  


Strong demand for DeFi protocols, as well as demand for liquidity in general, are driving the growth of stablecoin emissions. Over the past several months, the emission of stable cryptocurrencies has grown by about $ 100 million every day. DeFi projects are attracting impressive volumes of stablecoins. In addition, after the correction has begun, stable cryptocurrencies are also starting to attract an abundant amount of assets from closed positions.

ComputerScientist   September 5, 2020  


Fears have been growing lately that it is the decentralized financial applications sector that could trigger the next major wave of correction. However, DeFi cryptocurrencies are showing unexpected resilience despite the decline in the crypto market. It is likely that in the medium term we will see a further drop in the Bitcoin dominance index and the growth of Ethereum, whose capitalization has almost doubled since the end of July.

Know1tAll   September 4, 2020  


Ethereum fell by more than 9% in a day. In this case, we see a correction after an impressive growth, since even taking into account the current decline, ETH shows an increase of more than 12% over the week. The thing is that Ethereum is now playing on many fields, and in each case wins. In addition, the project provides high commissions to miners. So, on September 1, ether miners earned a record $17 million due to the high demand for the project's blockchain. It remains to be hoped that the project will withstand the load and prove its scalability, which will result in even greater growth in demand for ETH.

Kelsey Bing   September 3, 2020  


Basically, the market was pulled up by DeFi coins. However, more and more pessimists appear about their prospects. They point to many signs of a bubble, the collapse of which could lead to a redirection of funds towards the most famous cryptocurrencies, or again could cool off interest in the entire market for a long time. The Greed and Fear Index for Bitcoin and other major cryptocurrencies is in a state of "extreme greed", adding 8 points per day. The indicator is still going against the RSI for the BTC / USD pair, which shows room for growth without approaching overbought levels.

Reds4Life   September 2, 2020  


The $112 million Ethereum options will expire on Friday 28 August. The options expiration is likely to have an impact on the short-term prospects of the coin. The leading altcoin has dropped below $ 400 recently, but the sentiment of the crypto market participants is still positive as the launch of the second version of the blockchain approaches and the demand from the stablecoin market is high.

TheSmartest   August 28, 2020  


The greed and fear index is in the "extreme greed" area: this, at the very least, encourages serious caution. Since institutional money appeared on the crypto market, digital currencies cannot grow in the format of “unshakable faith” in the future of cryptocurrencies. A more tangible dependence on technical indicators has appeared, a more obvious connection with what is happening in the traditional market. However, this is asset maturation that will attract more big capital over time.

Know1tAll   August 9, 2020  


Ethereum not only confidently passed the $300 threshold, but also continues to move up. In addition to the fact that institutional demand applies not only to bitcoin, but also to ether, internal factors also affect the rise in the price of altcoin. The approach of ETH 2.0, the growing popularity of stablecoins (based on the Ethereum platform), as well as the growing popularity of decentralized financial applications (DeFi), due to which tokens are blocked within the blockchain, lay the foundation for the continued growth of ETH.

Alexzander   August 1, 2020  


Ethereum has renewed yearly highs above $300. Ethereum's weekly growth is over 30%. Ethereum demand is fuelled by a boom in the DeFi sector. The rise in popularity of altcoins is considered a positive sign for the outlook for the crypto market. The persistence of its downward trend will indicate a growing retail demand, as institutions invest mainly in the first few coins in terms of capitalization, using the existing infrastructure for them. Apparently, the infrastructure will expand, as it became known that the US Treasury has allowed commercial banks to store cryptocurrencies.

Harr1ot   July 27, 2020  


Among altcoins, it is worth highlighting Ethereum, which shows more than a twofold growth in the number of active wallets since the beginning of the year, several times ahead of Bitcoin in this indicator. In this case, this growth can be influenced by both DeFi (decentralized financial applications), as well as the work of other altcoins (including stablecoins) based on the Ethereum platform. Since the beginning of the year, the price of ETH has increased by 79%, which also reflects the confidence of market participants in the development of the platform's ecosystem.

PancakeKing   July 17, 2020  


In addition to cryptocurrencies with low capitalization, Ethereum is a serious competitor to bitcoin. According to Messari, the growth in the number of active wallets of the leading altcoin is several times higher than Bitcoin and is 118% since the beginning of the year. Demand for DeFi is becoming the next growth driver, creating the basis for the purchase of tokens not only for speculative purposes. Just this was not enough bitcoin to steadily overcome $ 10K.

Copernicus8394   July 15, 2020  


Glassnode reported that users began to withdraw cryptocurrency from exchanges. The reserves of the exchanges decreased by 10% compared with the maximum established at the beginning of the year. Experts explained this by the fact that investors are moving to a longer-term cryptocurrency storage strategy.

ImmaNoFool   July 13, 2020  


The demand for altcoins is growing, as it has become corny easier to buy. Many applications have been released where in a few clicks you can buy almost all altcoins from the TOP-100, paying for it with a credit card. Inside applications, as a rule, there are ways to instantly take profits in USDT stablecoin, and then withdraw to fiat. This is a significant difference from the situation in 2017, when purchase schemes for retail investors were rather confusing.

PancakeKing   July 10, 2020  


Ethereum has been bouncing between $160-$170 for days. This zone has shown that’s its a strong point for accumulation, and therefore we are likely to see a large bounce from this point. Between BTC ratio and USD value, ETH is poised for a huge move in the green as it shows a direct similarity to that of BTCs 3k bottom and the 2016-2017 fractal pattern before ETHs massive bullrun. It’s safe to say that ETH is an obvious move at this point.

dannypenny   September 4, 2019  


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Ethereum
Ethereum

Ethereum is a software platform that aims to act as a decentralized Internet as well as a decentralized app store. A system like this needs a currency to pay for the computational resources required to run an application or a program. This is where ‘Ether’ comes into play. Ether is a dig...

Ethereum (ETH) price change (24h)

Top 10 Cryptocurrencies

Сryptocurrency CVIX Price Change, 24h
Bitcoin 71 $19 413.73 2.16%
Ethereum 77 $613.30 2.89%
XRP 94 $0.630901 2.30%
Tether 1 $1.00 -0.01%
Litecoin 81 $88.49 1.47%
Chainlink 50 $13.95 0.22%
Bitcoin Cash 61 $291.17 -0.12%
Cardano 91 $0.165771 6.08%
Polkadot 74 $5.44 -1.16%
Binance Coin 30 $30.46 0.35%

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