Ethereum Watch

Few altcoins have performed better in 2020 than Ethereum. The second-ranked cryptocurrency is up well over 200% on the year, and from the Black Thursday bottom to the 2020 high, Ethereum rose over 400%. Advertisements Momentum looks to be behind bulls, however, an ominous signal just triggered on ETHUSD weekly price charts. The signal could […]

Advertisements Ether price recently soared above the $400 resistance, kick-starting what could be a powerful rally to $500. As the price of Ethereum’s native digital currency, Ether (ETH), has been showing massive strength recently, the path seems to be continuing toward new highs. Ether price ran from $220 to $445 in the previous five weeks, […]

Advertisements Hacktivist Bitcoin developer Amir Taaki took aim at Ethereum co-founder Vitalik Buterin on Twitter recently for essentially writing off smart contracts inventor Nick Szabo as a right-wing crank. Taaki wrote that this sort of attitude was typical of an “Eth[ereum] culture which is about sparkling burner parties, privileged digital nomads, microdosing LSD, sex orgies […]

Advertisements Ethereum’s put-call ratio dropped to its lowest level in 3 months, suggesting that traders expect Ether price to rise higher. Ether (ETH) options open interest grew by 230% to reach $393 million in the past three months. Although this is an impressive figure, it doesn’t fully reflect how the derivative instruments being used. Advertisements […]

Advertisements Bots abound. Ethereum may be vulnerable to frontrunners according to Dan Robinson, a research partner with the crypto-asset investment firm Paradigm.  Robinson said in a blog post, the design of Ethereum’s mempool, or a set of unconfirmed transactions, is where the vulnerability lies. He said arbitrage bots monitor pending transactions in the Ethereum mempool […]

Advertisements Quick take: The team at Weiss Ratings believes that every crypto project wants to connect to Ethereum Their conclusion is based on the Flare Network building a new two-way bridge connecting XRP and ETH Ethereum has continued on its path of being the de facto smart contract platform DeFI has amplified interest in the […]

Ethereum is up over 2% and it broke the main $400 resistance against the US Dollar. ETH price is likely to accelerate higher once it clears the $408 resistance zone. Advertisements ETH price is back in a positive zone above the $400 and $402 resistance levels against the US Dollar. There is a strong support […]

Advertisements Quick take: DeFi monthly active users have hit a new milestone of 292,000 in the month of August This is according to the team at Zapper.fi Furthermore, weekly active users have peaked at 99,686 Daily active users have almost hit 20k These figures dispel the notion that DeFi is only for whales The number […]

Key Takeaways yEarn Finance was created as a yield automation tool, but grew into a stack of different DeFi products. The protocol’s most popular product is its vaults, which automated liquidity mining and yield farming strategies. These strategies are enhancing gas efficiency and giving smaller traders a chance to take part in DeFi’s most lucrative […]

Key Takeaways Nexus Mutual’s first product, “Smart Contract Covers,” helps members of the mutual protect themselves from smart contract vulnerabilities. The platform’s native token, NXM, can only be purchased on Nexus Mutual and token holders are also technically members. So far, the crypto-based insurance experiment has worked as advertised, as well as made a few […]