Ethereum Watch

13 February saw the market take a nosedive as Bitcoin’s price fell under $10,500 after surging for a few hours. This 3.63% fall within hours, resulted in the fall of altcoins, especially the highly-correlated asset to Bitcoin, Ethereum. Ethereum observed a 5.31% fall within 3 hours, pulling the price of the second-largest crypto-asset to $258.79. […]

The proliferation of DeFi protocols was the crypto story of last year. But how do the major token valuations compare? Advertisements Valuing DeFi Protocol Tokens DeFi protocols earn money by charging usage fees. The fees are distributed to token holders in the form of earnings or through burns that reduce the supply of tokens. Earnings […]

Opyn, a new DeFi product, has introduced an options-based insurance market for investors to hedge against black swan events and insure their Compound deposits. By leveraging options, the insurance mechanism is less centralized and more efficient than competitor Nexus Mutual. Advertisements Ensuring Security for DeFi Investors Despite strong traction within the DeFi ecosystem, there is […]

Bitcoin’s latest surge has contributed to many altcoins rallying along. Ethereum, the world’s second-largest coin in terms of market cap, reported growth worth 18% over the past day and this rally in the Ethereum market has encouraged many traders to benefit from any potential growth in the digital asset’s price. This trend was observed in […]

Ethereum price rallied another 12% and surged above the $270 level against the US Dollar. ETH traded to a new 2020 high at $275 and it is likely to test $288 and $300 in the near term.Ethereum extended its rise above the key $260 and $270 resistance levels against the US Dollar.The bulls remain in […]