Ethereum Watch

Advertisements Quick summary: $228 is once again the level to watch ahead of Ethereum’s weekly close. This area has provided adequate support for ETH since the beginning of June.  With a new week ahead, and like Bitcoin, there is a 50:50 chance it could go either way for Ethereum in the crypto markets.  Another weekly […]

The DeFi space has fairly recovered following the cryptocurrency market meltdown three months back and has gained major momentum as it recently surpassed the crucial $1 billion total value locked. In the latest development for the DeFi ecosystem, the total value [USD] locked climbed to a fresh all-time high as it stood at $1.48 billion […]

As Bitcoin continues to trudge between the $9,500 and $10,000 range, altcoins prospects may be bolstered. The king coin’s stability off-late may have irked investors but for the top-ranking coins in the market, this stability means more time at the coattails of Bitcoin. Advertisements This sideways BTC movement, persisting for the better part of a […]

Advertisements Quick summary: Compound Finance has shaken up the DeFi industry since Coinbase announced it was listing COMP on June 22nd.  The value of COMP has seen tremendous gains in a period of a week from a value of approximately $70 to $345. The quick popularity of Compound Finance has led to the project edging […]

The past week wasn’t particularly positive for most altcoins in the market. Bitcoin exhibited increased volatility with its price dipping under the $9500 mark. Currently, Bitcoin is being traded at $9379 and has registered a 24-hour trading volume of $8.1 billion. Advertisements Source: CoinStats Advertisements This bearish momentum, as always, did influence the way prominent […]

Ethereum is recovering from the $225 support against the US Dollar. ETH price is now trading near the $230 level ad it seems like there are chances of more gains if it breaks the 100 SMA (H4). Advertisements ETH price is slowly gathering pace from the key $225 support area against the US Dollar. It […]

Key Takeaways The price of COMP has increased over 10x since launch, augmenting yields for participants in the protocol Compound gives borrower an edge over MakerDAO, but fundamentals were not the reason for this rally If the price of COMP decreases, the incentives for using Compound will also diminish Whether liquidity mining is a sustainable […]

Advertisements While being a vital part of the transition to more scalable and secure blockchain, the Ethereum 2.0 upgrade can incur some risks for stakers, holders and traders. Alongside the ultimate scalability and security for the Ethereum network, the upcoming Ethereum 2.0 upgrade to a proof-of-stake model promises to bring additional, new benefits to its […]