Ethereum Watch

Advertisements Ethereum price corrected 13% but derivatives data still support a $500 Ether price. Today’s Ether (ETH) 10% dump caused its annualized futures basis to adjust after flirting with extremely optimistic territory. The basis indicator compares futures contracts price to the current level at regular spot exchanges. Healthy markets usually display a 5% to 15% […]

Advertisements In brief: Ethereum miners are earning an average of $800,000 per hour This value is up from yesterday’s peak of $500,000 High Ethereum network activity due to DeFi has led to a steady increment in ETH gas cost In the last 24 hours, Ethereum miners have earned an average of $800,000 per hour. This […]

Key Takeaways Teller Finance is set to integrate Chainlink data feeds and offer undercollateralized crypto loans. Lending pool liquidity providers earn interest on the loans. Share this article DeFi lending project Teller Finance has announced its upcoming integration with Chainlink. The oracle provider will provide Teller with three cryptocurrency price feeds via its Price Reference […]

Few cryptocurrencies have had as explosive growth in 2020 as Ethereum has. The top-ranked altcoin led the market into a recovery in early 2020, and after a revisit to an accumulation range, the DeFi trend helped Etheruem rocket out of lows. Advertisements However, today was the first sign that Ethereum’s momentum may be waning, as […]

Key Takeaways Nearly 2,000 addresses have staked $205 million on the Polkadot-based Defi project, Stafi. Stafi lets users stake their PoS tokens and gives them “reciepts” of the tokens which they can then use elsewhere in crypto. Polkadot’s recent launch has ushered in a wave of new projects building off of the Ethereum network. Share […]

Advertisements The Vienna Stock Exchange and the Singapore Exchange are warming up to cryptocurrency. The Vienna Stock Exchange, or Wiener Börse, has become just the third “official regulated market” worldwide to list a Bitcoin (BTC) product. The exchange listed 21 Shares AG’s Bitcoin and Ethereum (ETH) exchange-traded products (ETPs), ‘ABTC’ and ‘AETH’, on September 1. […]

Advertisements Quick take: Ethereum gas fees are at a record high This has resulted in many exchanges going at a loss with each withdrawal of ETH CZ has estimated exchanges are losing $10 – $20 with each Ethereum withdrawal He has hinted of a possible increment in Ethereum withdrawal fees on Binance if the issue […]

Advertisements Ethereum miners earned a record $500,000 in fees in a single hour, raising concerns about network stability. Transaction fees on the Ethereum network have recently reached a new hourly record. According to Glassnode, an on-chain analytics firm, miners on the network earned over $500,000 in just one hour today as Ether (ETH) rallied.  Currently […]

Ethereum has room to rally after surging 10% in the past 48 hours, according to recent on-chain data shared by Santiment. The blockchain analytics firm just noted that there are a number of trends suggesting ETH has room to extend to the upside. Advertisements ETH’s latest bout of strength comes as Bitcoin has inched higher […]

Few altcoins have performed better in 2020 than Ethereum. The second-ranked cryptocurrency is up well over 200% on the year, and from the Black Thursday bottom to the 2020 high, Ethereum rose over 400%. Advertisements Momentum looks to be behind bulls, however, an ominous signal just triggered on ETHUSD weekly price charts. The signal could […]