Ethereum Watch

Ethereum’s DeFi space has been extremely lively over the past few days. The present set of events was triggered after it was reported that Compound had overtaken MakerDAO as the most staked asset on DeFi. At press time, the Total Value Locked (TVL) in DeFi for Compound was around $572 million, whereas MakerDAO remained second […]

Advertisements Ethereum’s Ether (ETH) is taking advantage of Bitcoin rallying early this week and looks to break a key resistance level on the road to $300. Bitcoin (BTC) has been showing strength in recent days as the price rallied from $9,300 to as high as $9,800. However, more strength is seen from Ethereum’s Ether (ETH) […]

Advertisements Decentralized finance is the hottest thing in the crypto industry at the moment. It is largely powered by Ethereum, which has remained relatively flat in comparison. Analysts are now beginning to ask when ETH prices will start to benefit from this DeFi momentum. Decentralized finance markets are hovering around their all-time high in terms […]

Ethereum has been generating significant buzz across the crypto sphere over the past few days, primarily due to the explosive surge in the popularity of decentralized finance (DeFi). Advertisements Much of this popularity has been driven by an emerging trend called “yield farming,” in which users can leverage different protocols in order to receive massive […]

Ethereum 2.0 is one of the biggest milestones of the Ethereum blockchain. As the ecosystem gears up for the re-engineering the entire ETH blockchain, a new trend was observed within the miners on the network. According to the latest development, miners are now holding on the coin as evidenced by the increase in their balance […]

7% of derivatives market participants anticipated that the second-largest cryptocurrency, Ethereum would climb over $480 by the end of this year. This was observed by the crypto analytic platform, Skew. Its tweet read, Advertisements “Probability of ether > $480 (+100%) by End of Year = 7% Stable coins and DeFi seems like a more sustainable […]

Advertisements Ethereum team lead, Péter Szilágyi believes the latest increase in miner fees is a threat to the long-term health of the network. Miner fees for the second-largest blockchain by market cap are on the rise in the run-up to Ethereum 2.0. The long-awaited upgrade will see a fundamental shift from Proof-of-Work to the Proof-of-Stake […]

Ethereum proponents are experiencing something similar to the days of the ICO bubble as Compound’s COMP token makes headlines. Additionally, the launch of ETH 2.0 has also increased interest in the largest altcoin. At press time, ETH saw a surge of 1.25% in the last 24 hours. However, the token’s price has appreciated by 3.75% […]

Key Takeaways Curve Finance is the only DEX besides Uniswap to do over $100 million in the last week. As Curve’s volumes increase, so did its returns to liquidity providers, creating a new avenue for yield investing. Curve’s USDC/USDT pair did more volume than Binance on June 20. Compound’s recent growth has been vital to […]

Advertisements The massive success of Compound’s DeFi platform token distribution launch last week has generated a bit of hype and criticism from the crypto community. Many are now calling it a bubble, and some ardent Bitcoiners are even willing it to burst. Less than a week after token distribution began, COMP has surged from virtually […]