Ethereum Watch

Advertisements The market crash witnessed on March 12 nearly brought the Ethereum-powered DeFi sector to a halt as the ether price took a serious nosedive. The situation was severe to the extent that MakerDAO, the largest DeFi player on the network, contemplated an emergency shutdown. Ethereum has emerged to be a significant player in the […]

Market fundamentals and metrics in the digital asset industry undergo significant changes whenever the network registers a significant price swing, whether the movement is up or down. Advertisements The collective crypto-market crash on 12 March was one of the worst in recent memory, with the same having far-reaching effects on a host of market fundamentals. […]

The volatility in the digital asset industry has been off the charts lately and according to cryptovolatility.net, Ethereum was 4.58 percent volatile, when compared to Bitcoin, at the time of writing. As the token continued to sustain depreciation of -1.17 percent over the past hour, it is accurate to claim that Ethereum was recording major […]

Tether’s USDT money printer is up and running again, and it could be a sign of what’s to come next for Bitcoin and the aggregated cryptocurrency market.It now appears that Tether has issued a whopping $161 million worth of USDT over the past 24-hours, putting the total number of new USDT issued over the past […]

One of the many platforms that were hit by the crypto-market’s performance over 12-13th March was Ethereum’s DeFi platform. As Ethereum’s price fell by 43% in a single day, the losses spilled over onto the MakerDAO ecosystem as well. In fact, a recent Glassnode report called it “Black Thursday,” as the impact of the fall […]

A lack of Maker borrowers minting DAI to sell on the open market for a profit is causing the stablecoin to overshoot its peg. Advertisements Various initiatives are underway to bring the DAI peg price closer to $1, including unique experiments from the community. DeFi Users Ignore Maker Incentives MakerDAO’s stablecoin has lost its peg with the […]

Advertisements The mobile creation game with more than 40 million downloads announced on March 12 they would be holding a third LAND presale. Ethereum users will soon be able to take advantage of another blockchain-based game with nonfungible token technology. The Sandbox (TSB), a mobile creation game with more than 40 million downloads, announced on […]

Advertisements Journalist Sarah Zheng managed to use Ethereum blockchain to spread an interview on COVID-19 with a doctor in Wuhan amid censorship. Amid censorship in China of all coronavirus-related content circulating online, Sarah Zheng, a journalist for the South China Morning Post, claimed to have managed to publish an interview made to a doctor about […]

It has been a crazy week for Ethereum and most other major altcoins, with the cryptocurrency seeing an intense selloff last week that led it to plummet all the way down to its previous bear-market lows before it was able to find any significant support.Although ETH has since recovered from these lows, it still remains […]

It’s been a rough past week for the collective digital asset market, with Ethereum emerging as one of the worst affected assets in the industry. Advertisements At press time, Ethereum was valued at $118.51 after collapsing from above the $200 range in less than a week. Source: Coinstats Advertisements Despite such a devastating turn of […]