Ethereum Watch

Advertisements Matic Network may be closer to a scalability solution for the Ethereum blockchain after a test run showed it could handle 7,200 TPS. Blockchain scalability solution Matic claims the network can supercharge the Ethereum ecosystem, after a two-month testnet run revealed it was able to process 7,2000 transactions per second (TPS). In a July […]

Advertisements It seems that a new DeFi darling emerges every week now to enjoy surges in popularity, collateral lockup, and oftentimes boosts in token prices. At the moment, InstaDApp appears to be the DeFi flavor of the week. Another day has yielded another all-time high for DeFi markets with the total value locked (TVL) hitting […]

Advertisements Five years following the launch of ETH in 2015, and the future of the blockchain may lay in DeFi and USDT, according to industry experts. Industry experts say Tether and Decentralized Finance tokens will play large roles in the future of Ethereum as the blockchain approaches its five-year anniversary on July 30. In a […]

Ever since its then-record $232 million ICO (initial coin offering) back in 2017, Tezos (XTZ) has earned a justifiable amount of buzz in the crypto world. But does the Swiss-US joint venture have legs? Advertisements First off, it’s important to understand what makes Tezos stand out among the thousands of cryptocurrencies on the market. XTZ […]

Advertisements Summary: Popular Bitfinex Whale, @Joe007, has compared ETH2.0 to a marketing ploy luring greedy Ethereum plebs. According to him, staking will trap their ETH forever while insiders unload their riches of ETH1.0. Additionally, the concept of Ethereum staking is just like any other ETH scam. Popular Bitfinex Whale, @Joe007, has compared staking on the […]

Ethereum traded to a new monthly high near $249 before correcting lower against the US Dollar. ETH price is currently trading nicely above $253 and it could rally again towards $250. Advertisements ETH price is holding the main $235 support level and the $232 pivot level against the US Dollar. It is facing a couple […]

Advertisements In brief: Ethereum investors could be in for another tumultuous ride as ETH2.0 faces possible delays. One estimate pushes the launch to January 2021. The Ethreum Community wants ETH2.0 launched in 2020. ETH/USDT risks losing the crucial $200 support zone due to FUD related to the delay.  From the beginning of the year, Ethereum […]

Advertisements Quick take: Bitcoin has been in a state of continuous sideways movement since early June.  Social media dominance of BTC has been dropping and could point to an alt season.  A bullish ETH/BTC chart hints of altcoins gaining in the crypto markets.  Additionally, the Shit-coin Perpetual contract on FTX recently hit a new All-Time […]

Key Takeaways Ethereum network data shows adoptions in troves, but this hasn’t reflected on ETH price. DeFi protocols used ETH as the primary form of collateral until stablecoins took over. With Synthetix’s model of using its own token as collateral and Maker’s mission to expand its balance sheet, ETH’s role in DeFi further diminished. EIP-1559 […]

The median transaction fees on the Ethereum blockchain have been above Bitcoin’s for over a month. Data aggregator Messari noted that an explosion of activities on Ethereum-backed decentralized finance and stablecoin projects shot its fees higher. It further stated the Ethereum’s consistent uptrend shows that its demand is not slowing down. Ethereum has set a […]