Ethereum Watch

Ethereum upgrades could jumpstart a $40 billion staking industry, according to a JP Morgan report. JP Morgan estimates that the staking industry is currently worth $9 billion and that this number could balloon to $40 billion by 2025. Advertisements The report speculates that the launch of ETH 2.0 would lead to more adoption of the

Share this article KUU has announced a partnership with BENQI. Advertisements KUU and BENQI Join Forces Avalanche-based lending and borrowing protocol BENQI, and KUU, a decentralized liquidity underwriter for the Avalanche DeFi ecosystem, have announced a partnership to support BENQI’s on-chain liquidations. Additionally, KUU will be putting its under-utilized assets into BENQI to receive yield […]

Advertisements Ethereum flips Bitcoin by another metric as active addresses plummet. The number of addresses active on the Bitcoin network has crashed roughly 60% in the past six weeks from 1.3 million to roughly 500,000. The collapse in activity has seen Ethereum overtake Bitcoin by the number of active addresses, with the Ethereum network hosting […]

Advertisements A $2,200 Ether price would give bulls a $28-million advantage in this week’s ETH options expiry, but traders are more focused on the impact of the London hard fork in mid-July. Ether’s (ETH) $1.5-billion monthly expiry on June 25 was slightly favorable for bears, and at the time, Cointelegraph reported that the $2,200 price […]

The CEO of Skybridge Capital, Anthony Scaramucci, has announced that the firm will launch an Ethereum fund. The fund is planned to be a private fund. Alongside this, Skybridge Capital has filed for an Ether ETF with the SEC. The fund already has a pending Bitcoin ETF filed with the SEC. Advertisements Anthony Scaramucci was […]

Advertisements Binance Smart Chain and Polygon networks are continually eclipsing Ethereum in daily transaction count In mid-May, BSC had a peak daily transaction count of 12 million, Polygon had 9 million whereas Ethereum had roughly 1.75 million The majority of the daily transactions on these networks are happening through Dapps Binance Smart Chain and Polygon […]

Advertisements The Balancer and Polygon partnership aims to lower gas fees for traders on the Ethereum blockchain. The adoption rate of a cryptocurrency is heavily dependent on its use cases in the real world. Balancer Protocol’s latest effort in this regard is the launch of support on the Layer-2 solution Polygon to reduce Ethereum gas […]

Advertisements Despite Twitter releasing 140 NFTs on the Ethereum blockchain, Twitter’s CEO continues to reject the altcoin as an investment. Twitter CEO Jack Dorsey has again rejected the idea of him buying into Ether (ETH) despite the social media platform’s activities with Ethereum-based nonfungible tokens (NFT). On Wednesday, the social media platform announced a giveaway […]

Ethereum has had a lot of growth in the past year. Growing more than bitcoin and producing more gains. But it is no secret that the market cap of Ethereum is still a long way away from $2 trillion. The market cap of the digital asset currently sits at $248 billion. Advertisements A $2 trillion […]

Advertisements Ethereum’s EIP-1559 upgrade is fast approaching, but derivatives data shows traders are less than optimistic about ETH’s short-term prospects. Derivatives data shows that Ether (ETH) traders are feeling less bullish when compared to Bitcoin (BTC). Even though the altcoin captured a nearly 200% gain in the first half of 2021 versus Bitcoin’s modest 22% […]