Ethereum Watch

Ethereum and the aggregated cryptocurrency market has seen a slight selloff overnight that was catalyzed by Bitcoin’s decline to the lower $6,000 region. This plunge has not impacted ETH in the same way it has other altcoins, as the crypto is currently significantly outperforming the market.One analyst is now noting that there are a few […]

Ethereum, the largest altcoin in the crypto-market, had a somewhat nonchalant start to the year. For the first few weeks, its price rise eclipsed that of Bitcoin and the rest of the market; but with the king coin’s increasing volatility, the altcoin’s movement has become muted. Advertisements On both the spot and derivatives front, Ether […]

The MakerDAO’s auction of MKR tokens raised over $5.3 million to negate the Dai deficit caused by “Black Thursday.” Despite a successful auction, Maker still faces a challenging road ahead to regain users’ trust after the March carnage. Advertisements Two Buyers Restore Dai Deficit After concluding the auction, the MakerDAO has raised enough money to […]

Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks, which has led ETH to once again enter a bout of sideways trading within the mid-$130 region.Despite being able to post a strong rebound from its recent lows, it is important to note that analysts are widely anticipating ETH to […]

Over the course of 90 days, Ethereum, the king of altcoins has managed to stay relative. The performance of Ethereum over the last 90 days has been considerably better than other altcoins like Dogecoin and Decred. Advertisements Decred is the worst performing asset in comparison with ETH and Doge with its price suffering a dip […]

After facing an intense selloff yesterday that led Bitcoin, Ethereum, and virtually all other major altcoins to post some intense losses, the aggregated market has been able to recover slightly today, being led higher by BTC.This upwards momentum has led ETH to rapidly approach a key resistance level that bulls may struggle to surmount in […]

Even though the Decentralized Finance [DeFi] application has been looked upon as the “killer app” for Etheruem, they have been noting several problems. In 2019, Ethereum incubator, Consensys had claimed that DeFi will reach a billion dollars in value, but that has not been achieved yet. The recent fall of Ethereum on 12 March unraveled […]

There has been tremendous growth in terms of decentralized finance or DeFi. Following the early 2020 rally, the total value locked in DeFi grew exponentially. However, these figures went down after the recent crash. It’s been two weeks since that fateful day and these figures appeared to have bounced back. Advertisements In the latest development, […]

Bitcoin’s price has been reflecting strong buyers’ momentum in the market on 30 March. As the clock struck midnight, BTC’s value started to climb steadily from $5,918 to $6,300 within 6 hours. The price continued to rally, at press time, and hinted at a shorting behavior in the market. BTC was being traded at $6,299.04. […]

An uprising led by the Tron Foundation has unveiled a new DeFi and stablecoin system labeled “Djed.” Advertisements Tron’s Djed, A New Collateralized DeFi System Tron has launched a MakerDAO-style DeFi ecosystem, known as Djed. Djed is set to feature a TRX-backed, USD-pegged stablecoin, USDJ. The move, signposted earlier in the year, was announced by […]