Ethereum Watch

Another week, another round of Crypto Tidbits. Advertisements At long last, Bitcoin and other large-cap cryptocurrencies are breaking higher. The market leader, for once, has posted a strong move over the past seven days, moving as high as $9,690. The pivotal $9,700 resistance was rejected — Bitcoin now trades for $9,650 as of this article’s writing. […]

Advertisements Ethereum Researcher Virgil Griffith seeks a court venue change as well as internet usage as part of ongoing legal ordeal. Ethereum Foundation researcher Virgil Griffith plans to request changes to a court case against him — the result of a trip to North Korea. Griffith “will now seek to get the case moved for […]

Key Takeaways The total value locked in Aave skyrocketed to a new all-time high of over $600 million LEND’s steady growth pushed it to the number two spot in DeFi Pulse’s protocol rankings If this trend continues, LEND’s price could follow despite stiff resistance at $0.30 Share this article Aave is quickly capturing market share […]

Advertisements In brief: China has ordered the US to close the American consulate in Chengdu. This move is in retaliation to the United States ordering the closure of China’s consulate in Houston. The back and forth between the two superpowers is creating uncertainty that has spread to the traditional and crypto markets. Earlier today, the […]

Ethereum broke out of its sideways range on July 21, eventually establishing a quarter-to-date high at $280.76. The breakout move also confirmed a Bullish Flag pattern, a continuation signal that occurs as a brief pause following a significant price move higher. It has now set Ethereum en route to its ideal price target near $350. […]

Key Takeaways Matcha is a decentralized exchange built on 0x Protocol. The DEX’s most enticing feature is its superior user design, making it easy to onboard new users. The team behind Matcha are making a big bet that the current DeFi experience is simply missing an attractive design space. Share this article Though activity on […]

Advertisements Today brings about yet another all-time high for DeFi markets, which seem unstoppable at the moment. Bitcoin has yet to truly benefit, but the future of decentralized finance is likely to include the cryptocurrency front-runner as well. The growth in the DeFi markets appears to be going parabolic. Today, total value locked has hit […]

Advertisements Traders bought $720 December call options as Ethereum price rallied 17% this week, but what’s the likelihood of ETH rallying another 160%? Since the start of the week Ether (ETH) has gained more than 17% and the gains appear to be connected to increasing stablecoin use and the rise of DeFi applications.  As reported […]

Advertisements Quick take: For 3 days, before ETH broke $250, whales moved 700,000 Ethereum.  The move could signal a pending top for ETH and whales are orchestrating an exit. Ethereum (ETH) opened the week at a value of $234 and was trading below $250 until yesterday when news broke that US banks can now offer […]

The number of active Ethereum addresses rose by 100 percent in 2020, according to data fetched by Messari. The volume picked momentum on signs of growth within the decentralized finance sector (DeFi). Meanwhile, the ETH/USD exchange rate also grew higher, breaking above $250 for the first time since February 2020. Ethereum addresses that either send […]