Ethereum Watch

Advertisements In brief: Grayscale has added $93 Million worth of Ethereum to its ETH trust in 24 hours This translates to 52,730 ETH purchased in one day This is the highest daily inflow since the year began and since Grayscale opened subscriptions to its Ethereum trust Ethereum is struggling to turn $1,800 into support and […]

Ethereum is facing a strong resistance near the $1,825 and $1,830 levels against the US Dollar. ETH price is likely to remain stable above the 100 hourly SMA or $1,680 in the near term. Advertisements Ethereum seems to be struggling to clear the $1,825 and $1,830 resistance levels. The price is now trading well below […]

Advertisements Two Ethereum-native DeFi protocols are headed to Binance Smart Chain, but critics doubt the layer-1 has staying power Today, yield aggregator Harvest Finance and multi-service platform Value DeFi — two Ethereum-native decentralized finance (DeFi) protocols accounting for nearly a billion dollars in total value locked between them — announced planned expansions to Binance Smart […]

Advertisements Ether is stagnating against Bitcoin despite BTC’s strong rally after BNY Mellon embraces digital assets. The price of Ether (ETH), the native cryptocurrency of Ethereum, has been stagnating against Bitcoin in recent days after a strong few weeks against BTC. In the past few weeks, ETH and BTC have shown some inverse correlation as […]

Key Takeaways Ledger has added the WalletConnect feature within the Ledger Live mobile application.  WalletConnect will allow Ledger Live mobile users to use their hardware wallet to sign transactions across various dApps.  The newly updated wallet app is now available for both Android and iOS users. The DeFi news category was brought to you by […]

Advertisements Everyone’s trying to jump ship from Ethereum’s layer one, apparently. Finance Redefined is Cointelegraph’s DeFi-centric newsletter, delivered to subscribers every Wednesday. It seems that this week, finally, the community has had enough of Ethereum’s gas fees. Advertisements That is obviously a bit of hyperbole, as gas fees are high precisely because people are willing […]

Ethereum traded to a new all-time high at $1,840 before correcting lower against the US Dollar. ETH price is holding the $1,700 level and it is likely to start a fresh increase. Advertisements Ethereum started a downside correction after trading to a new all-time high near $1,840. The price is now trading nicely above $1,700 […]

Advertisements Altcoins offering layer-2 solutions pushed higher while profit-taking resulted in Bitcoin price pulling back to the $45,000 level. On Feb. 10, Bitcoin (BTC) price pulled back 5% from its newly established $48,220 high and a number of altcoins also underwent slight corrections.  Data from Cointelegraph Markets and TradingView shows Bitcoin has declined 4.96% since […]

Key Takeaways Aave has launched a pool on Balancer which offers 300% APY. This pool acts as a safety backup in case of a shortfall event. Aave is now offering 1,100 AAVE per day in total to both stakers and LPs. The DeFi news category was brought to you by Ampleforth, our preferred DeFi partner […]

Advertisements Quick take: Tether’s (USDT) market cap has increased by 44.9% since the beginning of 2021 hitting $30.33 Billion Demand for stablecoins has increased as traders look for fiat onramps Furthermore, DeFi on both Tron and Ethereum has accelerated the use of USDT The market capitalization of Tether (USDT) has increased by a whopping 44.9% […]