Ethereum Watch

Advertisements Quick take: Pantera Capital CEO has stated that the firm is bullish on Ethereum (ETH) and Polkadot (DOT) This is due to the amount of DeFi projects built on both networks Pantera Capital has increased its non-bitcoin and non-Ethereum share from 16% to 21% Its Liquid token fund is long 62% on non-bitcoin and […]

Share this article New filing documents indicate that the digital asset firm Grayscale is considering the launch of three trusts for DeFi projects. Advertisements Grayscale Entering DeFi? Grayscale, the world’s largest digital asset manager, registered trusts on Jan. 27, 2020, for Aave, Cosmos, and Polkadot in Delaware, along with Monero and Cardano. 🚨 Looks like […]

Advertisements The social media network says the aim of the partnership is to bring Ethereum to “Reddit-scale” production. Popular social media network Reddit, which counts over 1.7 billion monthly visits, is deepening its ties with the Ethereum Foundation in what it has formalized as its first-ever blockchain partnership. According to an announcement from Reddit admin […]

Ethereum is holding the $1,240 and $1,220 support levels against the US Dollar. ETH price seems to be eyeing a fresh surge above the $1,300 and $1,320 resistance levels in the near term. Advertisements Ethereum retested the $1,200 support zone, where the bulls took a stand. The price is now recovering towards the $1,300 resistance […]

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Advertisements The Ethereum Foundation decided to hold off on the major Ethereum event in Bogota without announcing a new date. Devcon, one of the biggest conferences for the Ethereum community and developers, has been delayed again due to uncertainty around the coronavirus pandemic. According to a Tuesday announcement, the Ethereum Foundation decided to hold off on the […]

Ethereum is facing resistance near the $1,350 level against the US Dollar. ETH price could continue to move lower towards $1,200 or $1,180 unless it settles above $1,350. Advertisements Ethereum is struggling to gain momentum above $1,350 and $1,375. The price is now trading well below $1,350 and the 100 hourly simple moving average. There […]

Advertisements Ethereum’s realized cap has surged into new all-time highs this month, indicating that new money is rushing to accumulate ETH. Ethereum’s realized capitalization has increased by nearly 50% in January so far to tag new all-time highs above $70 billion, according to CoinMetrics. The data shows that Ethereum’s realized cap has more than tripled […]

Advertisements Avoiding U.S. trading hours could save you a gwei or two. Anyone who has used Ethereum in 2020 knows the frustration of paying for gas, the measure that represents a transaction’s computational weight. With gas prices sometimes rising up to 100 to 200 gwei, a unit equal to one billionth of an Ether (ETH), […]

Key Takeaways Tether’s USDT supply reaches $25 billion, accounting for more than 75% of the total stablecoin supply.  USDT reserves on exchanges reached an all-time high, according to crypto analytics firm Crypto Quant.  Tether recorded its second-largest surge in monthly issuance since 2020. The percentage share of USDT in DeFi also nears its all-time high.  […]