Ethereum Watch

Advertisements Libra Association member Bison Trails looks forward to moving from the Proof-of-Work consensus mechanism to Proof-of-Stake, launching Eth2 support. Blockchain infrastructure-as-a-service company, Bison Trails, has announced support for Ethereum 2.0 — an upgrade that will move the network from its proof-of-work consensus mechanism to proof-of-stake. Bison Trails offers a suite of enterprise products that […]

Advertisements The Ethereum blockchain has seen a two-year single-day high for daily active addresses at nearly 500,000. Generally, network statistics seem to indicate that the decentralized finance (DeFi) market, which has also grown popular in the same time frame, has contributed greatly to network growth. The Ethereum blockchain is seeing activity levels comparable to months […]

Advertisements All the hype around decentralized finance’s latest liquidity farming craze is attracting new players eager to get their tokens out to investors and enjoy the subsequent moon shots. The latest to join the digital bandwagon is lending platform bZx. DeFi markets are starting to cool off after what has been a pretty wild week […]

Advertisements Ethereum’s implied volatility dropped below Bitcoin’s for the first time ever, but is this a bullish or bearish development? Ether (ETH) options implied volatility, a measure of the expected price swings as per the options markets premium, has dropped below Bitcoin’s (BTC) for the first time ever.  This could signal that investors have given […]

The smarts contracts giant continues consolidating within a descending parallel channel that began developing at the beginning of the month. Since then, each time Ethereum rises to the upper boundary of the channel, it pulls down to hit the lower boundary, and from this point, it bounces back up again. Advertisements The recent bearish impulse […]

Ethereum’s budding decentralized finance ecosystem has gone parabolic over recent weeks. Advertisements The value of cryptocurrencies locked in DeFi applications has skyrocketed to $1.65 billion, 65% higher than this metric was just 12 days ago. Simultaneously, the number of users leveraging applications like Compound, Maker, and Synthetix has skyrocketed. Unfortunately, a purported hack just took […]

Bitcoin as a financial asset has drastically grown in popularity in the past few years. As adoption continues to grow and fiat on-ramps and off-ramps become easily accessible, Bitcoin’s user base has grown and diversified significantly. The past few years saw greater institutional interest. While the Hodl culture within the community continues to be dominant, […]

Key Takeaways Yield farming is the process of earning a return on capital by putting it to productive use Money markets offer the simplest way to earn reliable yields on your crypto Liquidity pools have better yields than money markets, but there is additional market risk Incentive schemes can sweeten the deal, giving yield farmers […]

Advertisements Quick take: Support for Ethereum Improvement Proposal 1559 is gathering traction. The ETH community is crowdfunding efforts to have it developed and implemented on the Ethereum blockchain.  43 ETH and $16,800 in DAI have been raised thus far.  The EIP aims at solving the issue of high transaction fees such as the ones witnessed […]

Ethereum and the ecosystem it hosts have been on a ride this last week, particularly the DeFi ecosystem. This was mainly due to the recent hype around yield/liquidity farming. Interestingly, all of this is happening at a time when ETH is transitioning into PoS. Advertisements Regardless, ETH is still the second-largest cryptocurrency in the market, […]