Ethereum Watch

Ethereum just collapsed a full 37% over the last week, following a new 2020 high and a record over 300% rally from Black Thursday lows. But despite how sharp and violent the selloff has been, its possible that the price action is a bullish retest that after confirmation leads to more new highs ahead. Advertisements […]

Advertisements Quick take: In the month of August, Transaction volume on the Ethereum network exceeded $24B The high network activity was driven by DeFi and DEXs on the Ethereum Network Ethereum transaction volume exceeded other smart contract platforms such as EOS and Tron The team at DAppRadar has released their August 2020 Dapp ecosystem report. […]

Key Takeaways Decentralized protocol UMA has announced the launch of the Yield Dollar on renBTC, a coin representing Bitcoin on the Ethereum network. The launch will enable users to mint renBTC and lock it into UMA to use as collateral to mint uUSD. Users will also be able to farm by staking uUSD into Balancer […]