Ethereum Watch

Advertisements Summary: SushiSwap (SUSHI) is now supported on BitGo’s custodial and non-custodial wallets The team at BitGo cited the SushiSwap team’s consistency and resilience as one reason to add support for SUSHI Furthermore, SushiSwap’s collaboration with Yearn Finance is an indicator of growth in the DeFi industry SushiSwap (SUSHI) is now supported on BitGo’s custodial […]

Advertisements High gas fees on the Ethereum network are making it nearly impossible for retail investors to interact with DeFi protocols but the same doesn’t apply to whales. Since early 2020 the decentralized finance sector has been recieved a lot of attention due to its cutting-edge innovation and the lucrative high yield opportunities offered to […]

Advertisements December’s $10,000 Ethereum calls options have started to pick up volume, but are traders really expecting ETH to reach this level? Ether’s (ETH) $10,000 Dec. 31 call options recently came under the spotlight after surpassing $15.2 million in open interest (8,400 contracts). These instruments give the buyer the right to acquire Ether at a […]

Advertisements The open interest on Ethereum futures hit a record $6.5 billion as ETH rallied to $1,750 and traders increased their leverage. Ether (ETH) price has rallied by 33% over the last five days and data shows that as this occurred some buyers began to use excessive leverage.  Although this is not necessarily negative, it […]

Advertisements In brief: Ethereum miners have earned $3.5 Million in ETH in a single hour This amount is the highest in Ethereum’s history The Ethereum network is also experiencing high gas fees with an average transaction costing $12 High gas fees on Ethereum could cause an exodus by developers and users to other blockchain networks  […]

Key Takeaways Ethereum’s new highs pulled the rest of the DeFi space with it, but gas fees may hamper future growth. Bitcoin has traded sideways since hitting all-time highs last month, giving space for an alt season among various DeFi tokens. NFTs are back on the rise with Hashmasks taking center stage. Thankfully, an NFT […]

Advertisements It’s not just the Ether price itself setting records on Friday — users are having to pay more than ever to send transactions and some exchanges can’t cope. Largest altcoin Ether (ETH) built on its recent all-time highs on Feb. 5 to climb ever closer to $2,000. ETH/USD 1-hour candle chart (Bitstamp). Source: TradingView […]

Advertisements Quick take: The total value locked in DeFi protocols has just hit a new all-time high of $34.2 Billion This is partly due to Bitcoin, Ethereum and several Defi tokens such as Uniswap, gaining value this week According to the team at Weiss Ratings, the potential for growth in DeFi is enormous The DeFi […]

Ethereum started a downside correction from a new all-time high at $1,697 against the US Dollar. ETH price is holding gains above $1,600 and it could start a fresh increase. Advertisements Ethereum started a downside correction below the $1,650 and $1,620 levels. The price is still trading well above $1,600 and the 100 hourly simple […]

Advertisements Quick take: Ethereum daily transaction fees just hit an all-time high of $22 million This exceeds Bitcoin’s record of $21.4 million for daily fees Ethereum has also hit an all-time high of $1,695 – Binance rate Grayscale has accumulated 47k ETH in the last 24 hours and 70,791 ETH since it opened subscriptions this […]