Ethereum Watch

Advertisements Ethereum has made up the basis of demand for the recent DeFi boom, and the network is feeling the pressure. Things could be very different for the platform in six-to-twelve months, depending on how its planned protocol changes play out. The DeFi boom has seen total value locked across various platforms and protocols double […]

Advertisements Kyber Network recently put KyberDAO and a protocol upgrade into play. Kyber Network just put a protocol upgrade into operation on its mainnet in tandem with its decentralized autonomous organization, or DAO.   Kyber fired up its Katalyst Protocol Upgrade as well as its decentralized finance, or DeFi, solution — KyberDAO, the Kyber Network said in a […]

Key Takeaways Around $5 billion was transferred through finance dApps in Q2 2020 Over $10 billion worth of value was transacted across the Ethereum network DeFi dominated the growth in dApp usage for the quarter The DeFi news category was brought to you by Ampleforth, our preferred DeFi partner Advertisements Share this article Led by […]

Key Takeaways bZx is launching a governance token, BZRX, which will dictate protocol governance and act as a value-earning instrument. BZRX will have four layers of compensation: two portions of fees, BAL rewards, and a claim on bZx insurance fund assets. The plan to rescue traders and lenders stuck in the iETH pool isn’t necessarily […]

Advertisements Dapp.com’s new DApp market Q2 2020 report shines brightly for most DApp networks, with Ethereum being the biggest winner. The DeFi space is clearly a fundamental reason for the boom in the DApp market. The majority of the activity stems from related services. Dapp.com recently published a report on the state of DApps in […]

Advertisements The big milestone of $2 billion in total value locked has arrived for decentralized finance markets as the embryonic industry keeps growing. Ethereum is feeling the pressure though, and the network fees are reflecting this. It came quicker than expected, but the DeFi markets have just reached the $2 billion mark in terms of […]

Ethereum rallied recently above the $235 resistance region against the US Dollar. ETH is currently correcting gains, but the $230 support might act as a strong buy zone. Advertisements Ethereum is trading in a positive zone above the $230 and $232 levels. The price rallied above the $240 level and it is currently correcting gains […]

Advertisements DeFi tokens like COMP may have been responsible for the increasing number of DApp developers utilizing the Ethereum blockchain in Q2. Decentralized finance (DeFi) applications on the Ethereum blockchain surged in the second quarter of 2020 as the daily transaction volume reached an all-time high in June. The 2020 Q2 Dapp Market Report published […]

Advertisements Total fees collected on Ethereum have continued to trounce Bitcoin for the past 30 days. Ethereum fans argue that the evidence proves that demand for Bitcoin is waning. Demand on Ethereum is growing, and individuals are spending more in fees to use the network than ever before. According to data collected by glassnode, fees […]

Ethereum has flashed some significant signs of strength after posting an intense recovery yesterday. Advertisements The cryptocurrency is now back within the boundaries of its multi-month trading range, and buyers appear to be attempting to establish its recent lows as a long-term bottom. Overnight, sellers pushed it as low as $222 – just a hair […]