Ethereum Watch

Advertisements Lyn Alden likens Ethereum to the Concorde aircraft: functional, but not “an economically sustainable project.” One reason strategist and investment guru Lyn Alden isn’t invested in Ether is she considers the Ethereum network an “unfinished product” when compared with Bitcoin. Alden’s economic analysis of Ethereum released today compares the smart contract network to the […]

Key Takeaways Degenerative Finance has launched an experimental design space that explores different derivative products and synthetic assets. The project’s first project is uGas, synthetic gas futures for Ethereum. Depending on a user’s profile, uGas can be a helpful tool to hedge and speculate on the rise or fall of gas prices on the number […]

Advertisements Quick take: The amount of Ethereum stored on crypto exchanges has dropped to 22% of the total supply Ethereum in exchanges was at 26.33% of the total supply five months ago Current levels were last seen in November of 2018 when ETH dropped to $80 and then rallied to $366 The drop in the […]

Participation in the DeFi and staking ecosystems has seen explosive growth over the last year, with the combined sectors currently accounting for over $50 billion in value. Advertisements DeFi growth was predominantly fueled by the breakthrough success of Ethereum-based projects such as Aave, Compound, and Uniswap, utilizing ERC20 stablecoins like USDC and Dai to generate […]