Ethereum Watch

Key Takeaways B.Protocol attempts to solve the inefficiency of DeFi liquidations, which hamper the sector’s growth. The project offers extra yield for users and makes liquidations more predictable for liquidators. The protocol seamlessly connects to platforms like Maker, Compound, and Aave without requiring any actions from their side. $1.5 million ETH was deposited on Maker […]

Advertisements Summary: Ethereum looked set to retest $400 as a result of general bullishness in the crypto-markets However, Bitcoin’s dominance has continued to grow and ETH might have to wait for the BTC excitement to subside Bitcoin is on a path to close the month of October on a very bullish note Ethereum’s push towards […]

Advertisements Bitcoin broke out of the $13,000 resistance level merely a week ago, which means those expecting Ethereum and altcoin prices to rise may have to wait a few months. Bitcoin (BTC) is sucking up the volume from the entire cryptocurrency market as it continues to rally. This is causing the alternative cryptocurrency (altcoin) market […]

Advertisements Consolidation from Bitcoin would allow Ethereum to double bottom in its BTC pair and possibly breakout from the ascending channel in its USDT pair. In the past week, altcoins prices received a significant haircut, and investors who were light on Bitcoin (BTC) saw their portfolio value take a hit.  Initially, Ether (ETH) price followed […]

Ethereum is in the process of trying to reclaim its key $380 support level following a brief dip below it earlier today. Advertisements The cryptocurrency has been struggling to gain any momentum despite the intense strength seen by Bitcoin as of late, which is currently grinding up towards its key resistance at $13,800 as buyers […]

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Advertisements With a market cap now over $1.5 billion, Wrapped Bitcoin (WBTC) makes up 80% of the total BTC held on Ethereum. Wrapped Bitcoin (WBTC) reached all-time highs today in terms of market capitalization and number of tokens. WBTC is the most popular version of Bitcoin tokenized for use on the Ethereum network. According to […]

Advertisements Despite $40 million in Ethereum options expiring on Friday, multiple indicators favor bulls as ETH 2.0 approaches. In the last few days Bitcoin (BTC) price rallied within a hair of the $14,000 level and Ether (ETH) followed with a similarly strong performance but the altcoin failed to hold above the $400 physiological support.  Bitcoin […]

Advertisements Summary: 26.81 million Ethereum is held on centralized exchanges This is 23.7% of Ethereum’s circulating supply Majority of the ETH is held at Coinbase, Bitfinex and Huobi Ethereum is once again above $390 and looking ready to attempt $400 once again The amount of Ethereum held on centralized exchanges currently stands at 26.81 million […]

Ethereum and the entire crypto market have struggled to gain any serious momentum as of late, with BTC’s rejection at $13,800 striking a blow to the aggregated market. Advertisements The waning momentum has been particularly impactful for Ethereum, as it has compounded the weakness that has come about due to its severe underperformance seen as […]