Ethereum Watch

Decentralized finance doesn’t seem so decentralized after all, especially when looking at token concentration. Key Takeaways 90% of the supply for most DeFi tokens is held in less than 10% of addresses. LINK is the least concentrated of the analyzed coins, as the token’s investor base expanded as it experienced price appreciation. MKR’s supply is […]

The usual norm for the crypto-market is that altcoins follow the lead of Bitcoin, the world’s largest cryptocurrency. That is the case at the time of writing as well, owing to not only BTC’s significant market share, but the alts’ correlation with it as well. However, the effect of the same was inconsistent across the […]

The hardware wallet maker gives users access to Deversifi’s DEX. Key Takeaways Ledger users can now access DeFi markets. DeversiFi’s DEX receives a security boost for digital asset trading. Decentralized finance continues to expand. Share this article Ledger became the first hardware wallet integrated into DeversiFi, a decentralized exchange (DEX), marking Ledger’s move into the […]

Advertisements Around $9,765,000,000 is currently locked up in staking contracts across various cryptocurrency networks. The combined value of all such contracts has been steadily growing since the crash in cryptocurrency prices that bottomed in mid-March of this year. The current all-time high for staking contracts occurred on Feb 14. At the top, investors hoping to […]

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Advertisements Bitcoin spent much of Thursday staying afloat above $9,400 while gradually making gains, albeit at a relatively humble place. At just about $9,770 as of this writing, the BTC-USD pair is fighting hard to triumph over the resistance in the $9,700-$9,800 area. As outlined by BeInCrypto’s technical analyst Valdrin late yesterday, Bitcoin is currently […]