Ethereum Watch

Advertisements Quick take: Ethereum is once again attempting to break away from the market influence of BTC ETH’s correlation to Bitcoin has dropped significantly and is in territory last seen in early 2018 The correlation could continue to drop as staking of the 32 ETH required for ETH2.0 intensifies Ethereum’s value could eventually break $500 […]

Ethereum is currently expressing some immense signs of strength as the cryptocurrency rallies higher while Bitcoin drifts lower. Advertisements This is the first time in weeks that the cryptocurrency has risen while Bitcoin’s price drifts lower. DeFi blue chips have also been rallying higher. The DeFi sector has been one of the biggest beneficiaries of […]

Advertisements Quick take: Ethereum’s daily active addresses have increased significantly in the last few days Such high activity on the Ethereum network is accompanied by ETH gaining significant value ETH has since broken the $420 and $450 resistance zones and could just break $500 in the days to follow The launch of ETH2.0 Phase 0 […]

Key Takeaways This is the first time that the SNX stakers have been liquidated. SCCP-25 reduced the liquidation delay from two weeks to three days. Share this article The recent crash in the DeFi space has liquidated several SNX stakers. Since then, however, the sector has rebounded, suggesting the bottom is in. Advertisements Synthetix Liquidates […]

Ethereum’s price action has been incredibly strong throughout the past day, with bulls posting a sharp overnight upswing that helped end its severe underperformance of BTC seen throughout the past few weeks. Advertisements ETH’s upswing today also rekindled life into many altcoins that had previously been bleeding out, with the DeFi sector, in particular, seeing […]

Advertisements Quick take: The total value locked on Uniswap is on track to break $3 Billion The Uniswap protocol recently celebrated its second anniversary Uniswap (UNI) might have finally bottomed in the crypto markets The Uniswap (UNI) protocol is on track to hit the $3 Billion mark in terms of total value locked on the […]

Advertisements After Bitcoin’s strong breakout above $15,000, analysts are looking toward Ether as the market sentiment around Ethereum strengthens. The price of Bitcoin (BTC) is nearing $16,000 after achieving $15,960 on Binance. Following the dominant cryptocurrency’s rally, analysts are now looking toward Ether (ETH). The Ethereum blockchain’s native token has seen heightened momentum in the […]

Advertisements In brief: The ETH holdings of the top 10 Ethereum whales has dropped to a 3 month low The drop could signify selling but could also be a case of adoption through numerous DApps At the same time, the number of addresses holding 100+ Ethereum has reached an all-time high Additionally, those holding 32+ […]

Bitcoin and Ethereum have both exploded higher in the past 24 hours. The price of BTC is up 8% in the past 24 hours as buyers rush in. Advertisements This rally has unsurprisingly caught the attention of those not conventionally “in this space.” For one, the hashtag for Bitcoin was trending on Twitter in Canada […]

Key Takeaways The maker of one of the largest decentralized exchanges on NEO, Switcheo, received a $1.2 million strategic investment. Among investors are DeFi focused DeFiance Capital, a fund supported by the famous Three Arrows Capital. Besides financial support, investors will help Switcheo with expanding its ecosystem. Share this article Switcheo, a startup focused on […]