Ethereum Watch

Advertisements In summary: Ethereum’s price is consolidating below $400 and above the $365 support zone.  A loss of $365 for ETH could break Ethereum’s bullish run in the crypto markets.  $365 was Ethereum’s peak value in 2019.  However, if Bitcoin maintains its course above $11,500, Ethereum could have a chance at rekindling its bullish drive.  […]

For the umpteenth time in the past week, Ethereum was rejected at the critical $400 resistance during Saturday’s rally. The cryptocurrency failed to decisively hold above that level despite the rallying in the value of altcoins. As of the time of this article’s writing, ETH trades for $395, just shy of the aforementioned resistance. Advertisements […]

Advertisements Quick take: Majority of the popular DeFi applications are being built on Ethereum. The popularity of DeFi has resulted in Ethereum reestablishing itself as the number one DApp platform. 4.3 Million ETH is now locked in DeFi platforms, up 800k since mid-July.  The DeFi boom of 2020 has had a positive impact on the […]

Bitcoin and Ethereum are pulling back, but Compound (COMP) is surging higher. The native governance token of the flagship of the decentralized finance space, COMP has gained 15% in the past 24 hours as per Coin Market Cap. Advertisements This comes after the altcoin was embroiled in a multi-week bear market after an initial surge […]

Key Takeaways Participating in Proof of Stake networks can be tedious, complex, and be highly capital intensive. Services representing node operators quickly emerged to help laymen enjoy passive income on their PoS tokens. Now, a new wave of projects, led by Stafi, are emerging to unlock the final frontier of PoS networks and solve their […]

Advertisements After a string of 51% attacks on Ethereum Classic, developers from its core chain rival, Ethereum, discuss ways of avoiding the same fate. In a Core Devs meeting on Friday, Ethereum (ETH) developers discussed potential measures that could be taken to prevent successful 51% attacks from occurring. The discussion was inspired by this week’s […]

Ethereum has been leading the cryptocurrency market higher, helping to push Bitcoin through $10,000 and restart the overall market bull run. Advertisements But before new highs are set, the smart money indicator is hinting that a strong reversal is coming, and already may be underway. Ethereum Carries Crypto Market Higher, Helps Bitcoin Push Through Critical […]

Advertisements After the somewhat imperfect launch of the Medalla Eth 2.0 testnet, developers discuss what initially went wrong. Following the successful but imperfect launch of the Medalla testnet, the first community testnet for Ethereum 2.0, developers spoke on the issues and needed improvements highlighted by the event. In an Eth 2.0 Dev call held on […]

Advertisements Grayscale Ethereum Trust files to become an SEC reporting company amidst the Ethereum bull run. On August 6, Grayscale Ethereum Trust filed to become an SEC-reporting company. Amidst the Ether (ETH) bull run, Grayscale Investments voluntarily decided to make its Ethereum Trust an SEC reporting company. The company’s best-known investment product is a Bitcoin […]

Ethereum Classic suffered a 51% attack last weekend, the second such attack in less than two years. Initial investigations at the time showed no evidence of double-spending. Advertisements Ethereum Classic (ETC) price drops after reports of a 51% attack. (Source: TradingView.com) However, almost a week on, further investigations have revealed that the attacker managed to […]