Ethereum Watch

Malta-based cryptocurrency exchange Binance launched a function that allows users to instantly convert other stablecoins into BUSD, on January 16, 2020.  Advertisements The announcement stated, “The ratio to convert PAX, USDC, and TUSD into BUSD will be set at 1:1 with zero fees. The ratio to convert USDT into BUSD will vary based on the […]

The Ethereum Foundation is well-known for not only being the main house behind Ethereum‘s development but also for its lack of transparency; transparency in terms of its members and financial statements. Taking its non-transparent nature into consideration, the news of the Foundation selling massive amounts of assets during all-time high came across as a surprise […]

CoinGecko recently published its yearly report for 2019, which talked about the developments in the DeFi space and its potential for growth in 2020. The report suggested that DeFi will continue to push through 2020, with over $1 billion locked into its apps on the Ethereum blockchain. Advertisements According to CoinGecko, products like interest rate […]

DeFi protocols are proving their value after providing profit-making opportunities during diverse market conditions. Advertisements Building Financial Utility  In the first half of 2019, as the cryptocurrency market started to rise from multi-year lows, DeFi got its first taste of a bull market as loans on Maker hit an all-time high of $505 million.  Source: […]

Ethereum rallied towards $170 and bitcoin jumped towards $9,000 before starting a downside correction. However, dips in ETH price remains supported near $158 and $155.Ether price started a downside correction the new 2020 high at $172 against the US Dollar.The price is currently trading below $165 and it could extend its decline.There is a major […]