Ethereum Watch

Key Takeaways Ethereum transactions fees breached 200 gwei today per unit of gas today. DeFi protocols will lose a lot potential usage if non-power users cannot afford to use Ethereum. Between ETH 2.0 and layer two, the latter offers less negative trade-offs for the Ethereum ecosystem. Share this article Transactions fees on Ethereum crossed 200 […]

Key Takeaways YAM is an algorithmic stablecoin with variable supply, similar to Ampleforth YAM is experimental and it’s smart-contracts are unaudited, but that didn’t stop liquidity miners from locking more than $100 million with the project Share this article The DeFi craze continues despite a slight dip across the cryptocurrency market. The YAM algorithmic stablecoin […]

Key Takeaways Serum, a decentralized exchange, is preparing to handle its first trade this week The project has listed its SRM token on several exchanges, from Binance to Uniswap Serum is backed by members of high-profile cryptocurrency organizations like FTX and Compound Share this article Serum, a new crypto derivatives exchange, is preparing to go […]

Ethereum Classic was 51% attacked for the second time in less than two years. The most recent hack, which happened over a two-day period starting July 31st, netted hackers an estimated $5.6 million. Advertisements Since then, many have reached out to the Ethereum Classic team, including IOHK CEO Charles Hoskinson. Hoskinson left Ethereum in 2014 […]

Advertisements ETC quickly sidelines an interesting offer from Charles Hoskinson. Cardano (ADA) founder Charles Hoskinson recently offered to help the troubled Ethereum Classic (ETC) community, but it came with a major condition. The community would first have to institute a decentralized treasury system, similar to Hoskinson’s Cardano and many other blockchain projects. If the community […]

It’s been almost a week since the launch of the ETH 2.0 final public testnet, which has been performing as intended by most accounts. As many as one million ETH have been staked on the Beacon Chain simulation, reviving hopes of a mainnet launch later this year. Advertisements The Medalla ETH 2.0 testnet has been […]

Ethereum has been hovering around the $390 region throughout the past several days and weeks, struggling to break above $400 due to the heavy selling pressure that has been established at this price level. Advertisements The cryptocurrency has formed an incredibly tight correlation to Bitcoin, which is currently trading within the upper-$11,000 region. Analysts are […]

Advertisements Ethereum price has stalled below $400 but ETH options data suggests the altcoin will push through the resistance level soon. Ethereum (ETH) options open interest increased by 5 fold over the past three months to reach $337 million.  Although this figure pales in comparison to the current $1.8 billion Bitcoin (BTC) options market, Ether […]

Advertisements How Bitcoin’s third halving, Ethereum 2.0’s launch and the COVID-19 pandemic are affecting the crypto mining industry. Although over two months have passed since the halving happened on the Bitcoin network, the crypto mining industry is still heaving from the frantic pace of events that have followed suit. The rollercoaster of hash rates has […]

Advertisements In summary: Ethereum’s price is consolidating below $400 and above the $365 support zone.  A loss of $365 for ETH could break Ethereum’s bullish run in the crypto markets.  $365 was Ethereum’s peak value in 2019.  However, if Bitcoin maintains its course above $11,500, Ethereum could have a chance at rekindling its bullish drive.  […]