Ethereum Watch

Share this article URL Copied Advertisements Sequoia China led the round, while Dragonfly Capital, Hash Global, Youbi, and others also participated.  DeBank Closes $25M Equity Round  DeBank just raised $25 million at a $200 million valuation.  The DeFi portfolio tracker announced the update in a Tuesday tweet, revealing that Sequoia China had led the raise. […]

Advertisements The number of Ethereum addresses holding at least 1,000 ETH dropped to a four-year low this week. Ethereum is having difficulty keeping its richest investors in line as its native token, Ether (ETH), hints at logging more losses in the near term. Blockchain data analytics service Glassnode revealed that the number of Ethereum addresses […]

Imagine a world that instead of being controlled by closed-door board room meetings and backroom lobbying, is operated by distributed governance on open-source networks. This vision is what blockchain-based decentralized autonomous organizations (DAO) are hoping to fulfill by creating platforms that replace traditional hierarchies and are governed by token holders. Advertisements In essence, DAOs are […]

Key Takeaways Sushi has risen 17% amid rumors of an internal restructure. Daniele Sestagalli, a DeFi developer known for spearheading the “DeFi 2.0” wave, is rumored to be joining the project. Sushi has faced internal issues for several months. The SUSHI token has also trended down throughout the year. Share this article URL Copied Advertisements […]

Ethereum corrected lower from the $4,150 resistance zone against the US Dollar. ETH price is holding the $4,000 support and could start a fresh increase. Advertisements Ethereum is trading above the $4,000 and $4,050 support levels. The price is trading above $4,040 and the 100 hourly simple moving average. There is a key bearish trend […]

The last week marked a reasonable recovery while Ethereum and Chainlink poked their two-week highs on 24 December. Ethereum seemed to hold the $4,000 mark and now strove to test its immediate resistance. Advertisements SAND touched its three-week high on 26 December after forming a rising wedge (reversal) pattern. Ethereum (ETH) TradingView, ETH/USD Over the […]

Of the 66.34 million Ethereum holders a lot of them have been inert for a while now. Consequently, despite the price rise, the volume has been at a low level. But the reasons and effects of this situation stretch beyond how it appears. Advertisements Ethereum calmed down… Despite the broader market making a relatively quicker […]

The Ethereum network remains to this day one of the most active and innovative blockchains in the crypto space. Onboarding thousands of users since its inception, Ethereum is the king of DeFi and some of the hottest trends in this industry with billions in total value locked (TVL). Advertisements However, Ethereum is also one of […]

As Bitcoin re-enters the $51,000 zone, Ethereum crossed the $4000-mark again while Dogecoin managed to breach the 23.6% Fibonacci resistance. Also, MANA snapped off the $3.64-mark.  Advertisements However, the overall trend still needed to be supported with high volumes to confirm a strong reversal.   Ethereum (ETH) Source: TradingView, ETH/USDT On its 4-hour chart, ETH broke […]

Advertisements Polygon’s scalability, efficient processing times and very low gas fees provide a solution to Ethereum’s current network limitations, according to Nailwal. Polygon (MATIC), a layer-two network designed for scaling and application infrastructure development on Ethereum (ETH), has been making the rounds among blockchain enthusiasts as of late. From its $1 billion investment into zero-knowledge […]