Ethereum Watch

Advertisements Ether price weakness in its Bitcoin pair is bad news for altcoins if ETH doesn’t bounce soon. It’s been all about Bitcoin (BTC) in recent months with altcoins suffering as a result and BTC dominance reaching a new local high of 67.5% over the past few days. However, a reversal typically occurs once altcoins […]

Ethereum started a sharp decline from well above $650 against the US Dollar. ETH price settled below the key $635 support zone, which may now act as a resistance in the near term. Advertisements Ethereum started a fresh decline and traded below the $620 and $630 support levels. The price is now trading well below […]

Advertisements Derivatives data and trading volume show investors are still bullish on Ether price even after today’s drop to $596. On Dec. 17 , Ether (ETH) price rallied to $677, its highest level since May 2018, and it seems the top altcoin’s price was driven by Bitcoin’s (BTC) swift move above $21,000. It’s also possible […]

Advertisements DeversiFi and Loopring partner up to improve scalability solutions based on layer two technology. Layer two decentralized exchanges Loopring and DeversiFi are joining forces by forming a committee dedicated to promoting usage of layer two solutions, named “L2 Squared” or just L². Announced on Monday, the alliance wants to ease the transition for users […]

Ethereum corrected lower, but it remained well bid above $625 against the US Dollar. ETH price is currently rising and it looks set for a surge above the $650 resistance. Advertisements Ethereum is trading nicely above the $620 and $630 support levels. The price is back above the $640 level and the 100 hourly simple […]

Ethereum rallied above $650 and $660 before correcting lower against the US Dollar. ETH price is likely to remain supported and it might start a fresh increase towards $700. Advertisements ETH price gained pace after it broke the $650 resistance against the US Dollar. The price is currently correcting lower from $670 and trading well […]

Advertisements KEVM will allow deploying Solidity smart contracts to Cardano. Solidity, a major programming language for writing smart contracts, will soon become compatible with the Cardano blockchain. According to a Thursday announcement on the Cardano developers’ website, Cardano devs are now opening up Cardano to the Solidity and Ethereum community through an interoperable platform that uses […]

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Advertisements Proxy system in front of immutable smart contracts will allow changing of internal parameters. Tornado.Cash, the Ethereum mixing service that earlier this year implemented completely immutable smart contracts, has proposed a governance system powered by its own TORN tokens. According to a Dec. 18 post, the proposal will put stewardship of the protocol in […]

Advertisements Quick take:  The value of Ethereum staked on the ETH2.0 deposit contract has hit $1B in value There is 1.54 Million Ethereum staked on ETH2.0  Ethereum deposits to the contract seem to be entering a plateau phase If ETH2.0 was ranked as a DeFi project, it would be in the top 10 in terms […]