Ethereum Watch

Ethereum is up 7% and it broke the $340 resistance zone against the US Dollar. ETH price is now facing a major hurdle near $350 and $355, above which it could rally significantly. Advertisements Ethereum started a steady recovery wave from the $313 swing low. The price broke the $340 resistance level and the 100 […]

Ethereum is the primary cryptocurrency benefiting from the DeFi trend. And while a rising tide lifts all boats, the demand for the top-ranked altcoin is second-to-none. Advertisements And while Ethereum is dominating the crypto market right now, its DeFi that is dominating the headlines in the media, not the altcoin that makes it all possible. […]

Advertisements Quick take: Ethereum’s adjusted transfer of value (7-day average) has exceeded that of Bitcoin ETH accomplished this feat on the 6th of September and has continued to increase its lead The Ethereum network continues to process over 1 Million transactions per day setting an all-time high of 1.4 Million on September 17th when UniSwap […]

Driven by decentralized finance (DeFi) activity, the pace of transactions on Ethereum (ETH) has reached new levels, in recent months. Advertisements This has thrust the network’s scalability issues back onto center stage. As such, the crypto industry is eagerly awaiting the launch of Ethereum 2.0 (Eth2) after the Medalla testnet, which has ostensibly been making […]

Advertisements Leading DeFi protocols are rushing to implement Layer 2 to ease the burden of high gas fees. Decentralized finance (DeFi) protocols are racing to implement Layer 2 scaling solutions as Ethereum gas fees skyrocket and the network struggles under the demand. Popular DeFi platforms including Uniswap, Aave, and Synthetix are gettin closer to rolling […]

Share this article Binance Smart Chain, a sovereign smart contract blockchain delivering Ethereum Virtual Machine compatible programmability developed by Binance and its global developers, joins forces with CertiK to accelerate security implementations in the rapidly expanding Decentralized Finance sector. An interoperability protocol will be created between BSC and the security-oriented CertiK Chain to grow the DeFi tools […]

Advertisements In brief: Ethereum balances on exchanges have seen a drastic drop since the popularity of DeFi in August Ethereum investors continue to lock their ETH in smart contracts in DeFi protocols ETH volume on Decentralized exchanges is also growing drastically Ethereum price could once again attempt to revisit $400 In an earlier analysis, it […]

It feels like Ethereum 2.0 is taking an eternity to rollout. But, following months of testnet runs, it finally looks as though Phase 0 is nearing the finish line to launch. Advertisements Phase 0 refers to developing the framework for running the proof-of-stake mechanism. It will set in place registry for staking validators, meaning full […]

Last week, Uniswap launched its UNI token and set the crypto market ablaze with renewed interest in the DeFi project. The 400 free tokens essentially acted as a stimulus check, and as investors rushed to cash their “checks,” it brought Ethereum fees sky-high to a record nearly $1 million in a single hour. Advertisements What […]

Advertisements Quick take: Over 460,000 Ethereum options expire this Friday, September 25th 90% of these options are held at Deribit Such a high number of ETH options expiring, coupled with a bearish crypto market, could result in the price of Ethereum dropping further ETH is correlated with Bitcoin, which is in turn correlated to the […]