Ethereum Watch

Advertisements Ethereum price corrected 16% in 4 days, led by these three key factors. The crypto market saw a significant correction today and Ether (ETH) price did not escape the carnage. In the last 24 hours, the top altcoin recorded a 12% drop as the price fell to $331. In the same period, Bitcoin (BTC) […]

Ethereum is looking to fall towards $200 after breaking a multi-week support level this Monday. Advertisements The price floor was a part of a Bear Flag pattern. In retrospect, Bear Flag appears as an asset consolidates in an upward channel following a robust directional move down. The price eventually breaks below the Channel’s lower trendline, […]

Advertisements Quick summary: Over 15% of the Ethereum supply is locked in smart contracts This comes at a time when the total value locked in DeFi is about to hit a new milestone of $10 Billion In a sense, Ethereum is carrying the entire crypto market right now Over 15% of the Ethereum (ETH) total […]

Advertisements Quick take: Timothy Peterson has predicted that Chainlink will exhibit early Bitcoin returns of 300 – 400% per year The value of LINK is very much linked to the adoption of the ChainLink network More crypto projects continue to integrate ChainLink technology Timothy Peterson has also foreshadowed a possible bottom for LINK in late […]

Advertisements Quick take: UniSwap is now the leading DeFi protocol in terms of Total Value Locked At the time of writing, $1.94 Billion is locked in Uniswap UniSwap’s TVL has eclipsed Aave, Curve Finance, Maker and Yearn Finance However, the UNI token is in the midst of a correction in the crypto markets The launch […]

Ethereum recovered above the $380 and $385 resistance levels against the US Dollar. ETH price is struggling to clear the $400 resistance, but it is holding the key 100 SMA (H4). Advertisements ETH price is trading well above the $360 and $375 resistance levels against the US Dollar. The price traded to a new weekly […]

Advertisements The quest to protect Ethereum Classic continues. As it grapples with multiple security breaches, Ethereum Classic Labs has partnered with ChainSafe and OpenRelay in hopes of increasing its defenses against 51% attacks.  In a post, Ethereum Classic and its Core Dev Team will work with both ChainSafe and OpenRelay to develop and test security […]

Advertisements Quick take: The team at Cream Finance (CREAM) will burn 67.5% of the token supply 6,075,000 CREAM tokens will be destroyed The activity will be done tomorrow Sept. 20th The activity is bound to have a positive impact on the value of CREAM In an unprecedented move, the team at Cream Finance (CREAM) has […]

Key Takeaways SushiSwap popularized fair launches, causing forks of nearly every significant DeFi protocol to emerge. Fair launches are a flawed concept and can severely erode development incentives in DeFi and crypto. Putting in a few weeks of work on a fork versus years of effort into building something new has a lopsided reward and […]

Key Takeaways SAFE protocol has met its end with the departure of lead investor, Azeem Ahmad. Insurance Chef along with a team of core developers and advisors will spearhead the migration of SAFE tokens to the new COVER protocol.  COVER tokens will enable buying and selling of insurance coverage along with providing liquidity mining incentives.   […]