Ethereum Watch

Key Takeaways Opyn has raised $6.7 million in a funding round led by Paradigm. Kain Warwick and Stani Kulechov also backed the DeFi project. The options protocol received $2.16 million in a seed round led by Dragonfly Capital last year. The team is working on reducing margin requirements, expanding options, and developing an AMM. The […]

Advertisements Summary: Grayscale has added 24,796 ETH to its Ethereum Trust This translates to roughly $38 million in Ethereum Grayscale currently manages $27.5 Billion in digital assets The bullishness surrounding Ethereum has led to ETH futures open interest hitting an all-time high of$5.4B Yesterday, the Wall Street firm of Grayscale Investments purchased 24,796 ETH to […]

Cryptocurrencies rallied Wednesday, led by gains in the Bitcoin and the Ethereum markets as traders pinned hopes on additional stimulus packages in the United States. Advertisements The cost to purchase one Bitcoin shot past $36,000 while Ethereum’s native token Ether notched a new record high at $1,574. Other large-cap tokens, including Polkadot’s DOT, Litecoin’s LTC, […]

Key Takeaways Synthetix is preparing for its Bellatrix release. Synthetic tokens for Aave, Uniswap, Yearn.Finance, Polkadot, REN and Compound will be available in the protocol from Thursday. Bellatrix will include two further updates, pending community approval. The DeFi news category was brought to you by Ampleforth, our preferred DeFi partner Advertisements Share this article DeFi’s […]

Advertisements Bitcoin bulls pushed BTC price through a key resistance level just a few hours after Ethereum closed above $1,500. On Feb. 2 Ether (ETH) saw its price breakout to a new all-time high at $1,555 as increased activity in the derivatives market provided clear signals that traders were bullish on the long-term prospects of […]

Advertisements Lucrative DeFi investing opportunities and increasing participation from institutional investors are driving the amount of Bitcoin and Ethereum held on exchanges to new lows. Recent global developments have put a spotlight on the cryptocurrency sector as people across the world begin to question the decision making process of governments and central banks.  Multiple metrics […]