Ethereum Watch

Advertisements The controversial founder of Litecoin, Charlie Lee, has criticized decentralized finance (DeFi) for being just “decentralization theater.” The comment was met with some hostility. Is decentralized finance just theater? According to Charlie Lee, it is, and the idea is no better than what we have now. A recent controversy surrounding Fulcrum, a decentralized lending […]

Ethereum remained well bid above the $240 support area against the US Dollar. ETH price started a fresh increase and it could soon revisit the $288-$289 resistance zone.Ethereum is recovering losses and it recently climbed above the $265 resistance against the US Dollar.The price is gaining pace and it could rise further above $270 and […]

In stocks and cryptocurrencies, the golden cross represents the move of 50-day moving average above the 200-day moving average. Since the 200-day moving average is an important indicator that separates the bull from the bear cycle, the golden cross is used to do the same, but with relatively higher accuracy. Advertisements It’s a known fact […]

The recent bZx exploit has the DeFi community searching for answers in the midst of a security crisis. Insurance is an efficient way to protect oneself against risk, and DeFi investors should know the difference between various insurance protocols in the space.  Advertisements Insurance Against bZx Incident Insurance protocols, on DeFi and in the traditional […]

Ethereum started a sharp decline below the $265 and $260 support levels against the US Dollar. ETH even tumbled below $250 and it is currently correcting losses.Ethereum is down more than 8% and it even spiked below the $250 support against the US Dollar.The price traded as low as $236 and it is currently recovering […]

Advertisements Crypto’s success may hinge on users’ ability to pay for $5 items with Ether, Bitcoin and Bitcoin Cash. Are we there yet? Cryptocurrencies and blockchain technology were meant to liberate the oppressed, bank the unbanked and democratize countries with opaque authoritarian governments. Whether or not the crypto sector has actually achieved these goals remains […]

Ethereum aka the World Computer’s migration to the Proof-of-Stake (PoS) from Proof-of-Work (PoW) chain is taking longer than previously anticipated. It’s obvious considering how huge the network has grown. However, the migration hasn’t been going swiftly; several EIPs have been proposed to improve this. Published 5 days ago, EIP 2515 is trying to squash the […]

Advertisements MetaMask has now been installed by over 1,000,000 users on Google Chrome according to the latest stats. It’s a major milestone for Ethereum and the MetaMask team. Users on MetaMask continue to grow as the Ethereum wallet plugin becomes one of the hottest cryptocurrency extensions. The extension is used widely for managing Ethereum, Ethereum-based […]

Ethereum started a downside correction from the $288 high against the US Dollar, similar to bitcoin. ETH price is now forming a strong support above $260 and it could climb higher again.ETH price is trading with a solid bullish sentiment above the $260 level against the US Dollar.The price corrected lower recently, but the bulls […]

Ethereum, like other altcoins, has surged exponentially in 2020. However, the aforementioned surge is facing resistance and there is a possibility it retraces a lower support. At press time, Ethereum is $12 dollars away from hitting $300 and had a market cap of $29 billion. Advertisements 1 Day Source: ETH/USD on TradingView The daily chart […]