Ethereum Watch

Advertisements Derivatives data shows bears have sufficient incentives to keep ETH price below $3,000 heading into Friday’s $340 million options expiry. Ether (ETH) price has seen quite a bit of volatility lately and to the surprise of many traders, the $4,000 level continues to present considerable resistance. Currently, the price is respecting the upward channel […]

Share this article XDEFI has closed a $6 million funding round led by Mechanism Capital. Advertisements XDEFI To Challenge MetaMask XDEFi, a next-gen browser wallet, is proud to announce a $6 million funding round led by Mechanism Capital with participation from DeFiance Capital, Alameda Research, Sino Global Capital, Animoca Brands, Morningstar Ventures, CoinGecko, and some […]

Ethereum started a fresh increase from the $2,750-2,780 support zone against the US Dollar. ETH price could revisit the main $3,150 resistance zone in the near term. Advertisements Ethereum started a fresh increase above $3,000 after testing the $2,780 zone. The price is now trading above $3,000 and the 100 hourly simple moving average. There […]

Advertisements Layer two aggregator Polygon has seen a 330% surge in active addresses over the past 3 months. Layer two protocols have seen monumental growth this year and one of them has briefly surpassed the network it is a scaling solution for, in terms of active addresses. The number of daily active unique addresses on […]

Advertisements According to Polygon’s co-founder, Sandeep Nailwal, it is only a matter of time before Ethereum overtakes Bitcoin as the dominant layer-1 protocol. “Sooner or later, ETH will outpace Bitcoin and become the global standard”, said Polygon co-founder Sandeep Nailwal in an exclusive interview with Cointelegraph.  Nailwal believes that Ethereum will eventually become “the ultimate […]

Key Takeaways Matcha has unveiled a new feature that lets users trade on Ethereum without paying gas fees. The feature is powered by meta transactions, that allows a third-party relayer. As market makers set their own fee, the feature may prove to be more expensive than paying gas. Share this article The decentralized exchange aggregator […]

With all the exploits and hacks in the crypto industry, it is shocking that some players have remained sincere. Advertisements Many exchanges have already lost considerable sums to criminals, and while some get refunded, others don’t. For example, in the case of Bitfinex, a user nearly lost 7,676 ETH in a wrong payment transaction. The […]

Advertisements Beepool, the fourth largest Ethereum mining pool will shut down operations following Beijing’s anti crypto posture. BeePool, the fourth largest Ethereum mining pool, is closing amid China’s crypto crackdown. The China-based Ethereum mining pool announced on Tuesday it will suspend operations “in response to the latest regulatory policies.” Effective immediately, the registration of new […]

Advertisements Traders have yet to flip bearish on Ether price, but the recurrent drops below $3,000 increase the likelihood of a sentiment flip. Technical analysis is a controversial topic, but higher lows are commonly interpreted as a sign of strength. On Sept. 28, Ether (ETH) might be 30% below its May 12 high of $4,380, […]

Key Takeaways Orion Money is a suite of cross-chain DeFi products providing seamless stablecoin saving, lending, and spending. It leverages Anchor Protocol on Terra to provide a high stable yield across multiple stablecoins and blockchains. The ORION token unlocks governance for the protocol and establishes a revenue share mechanism for Orion Money’s users. Share this […]