Ethereum Watch

While legacy markets and Bitcoin have rejected from local highs, Ethereum has been holding up well. Since the launch of Uniswap’s UNI token, the price of the leading cryptocurrency has surged around 6-7%. Advertisements From the lows set earlier this month, the coin is up in excess of 20%, shocking some commentators who thought this […]

Advertisements Ethereum enterprise adoption is being driven by support from major players such as Accenture and EY. The first stage of the highly anticipated upgrade to the Ethereum blockchain, Ethereum 2.0, is expected to launch by the end of this year. Promising to increase the throughput and lower the latency of the Ethereum mainnet, these […]

Advertisements Quick summary: Ethereum miners are reaping big from ETH fees due to DeFi Their earnings from transaction fees have surpassed those being earned on the Bitcoin network Additionally, the amount of Bitcoin being wrapped on Ethereum continues to grow The value of Ethereum (ETH) is destined to grow with the increased network activity Ethereum […]

The issue of high Ethereum gas prices isn’t going away anytime soon. Just last month, total daily fees on the Ethereum network managed to reach an all-time high of $8.6 million. Advertisements Following a brief respite from high charges, the latest data from coinmetrics.io, for August 31, 2020, shows an alarming trend back towards that […]

Advertisements The previous all-time high in daily transactions was recorded in 2018. Daily transactions on the Ethereum blockchain have just recorded a new all-time high amid the general surge of congestion on the network. On Sept. 17, the amount of daily transactions on the Ethereum network amounted to 1,406,000, according to data from major Ethereum […]

Advertisements Can the price of ERC-20 tokens grow while Ethereum stagnates? The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, suggest that Ethereum is temporarily being ‘professionalized’.  Since the September 2nd market crash, the combined market capitalization of all ERC-20 assets has overtaken Ethereum’s own market cap, with the differential between the two continuing […]

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Advertisements Quick take: Effective today, Coinbase Pro will start to pass network fees directly to their customers Of particular interest, is the Ethereum network that has seen an upsurge in ETH gas fees due to DeFi The latest gas fee hike on the Ethereum network was due to users claiming the UniSwap (UNI) token In […]

The price of Ethereum (ETH) has dropped from $488 on September 2 to below $380, falling by over 22%. If the correction of ETH continues, traders say decentralized finance (DeFi) tokens could further suffer. Advertisements Despite the rally of Bitcoin from $10,300 to over $11,000, DeFi tokens and Ethereum have underperformed. The daily chart of […]

Key Takeaways Nexus Mutual insurance crossed the $200 million active coverage mark as the liquidity and demand for smart contract insurance kept growing. A significant portion of the surge was led by the incentive for liquidity mining of SAFE tokens. The lack of incentive after mining and a mistake by developers caused SAFE to dump […]