Ethereum Watch

Advertisements Quick take: ETH held by the top 100 Ethereum whale exchange addresses has dropped to levels last seen 27 months ago The drop is inversely correlated with the price of Ethereum The number of Ethereum addresses holding 10k ETH or more has continued to increase Ethereum could be eyeing $2k very soon The amount […]

Decentralized Finance (DeFi), a product of cryptocurrency’s evolution since the introduction of Bitcoin more than a decade ago is now in a position to mirror the traditional financial products and services. Many entrepreneurs have identified the huge untapped potential of DeFi to create products and services that are breaking new grounds in recent times. Advertisements […]

Advertisements Investors are nervous that this week’s CME ETH futures launch will be a repeat of Bitcoin’s 2017 CME launch but data suggests otherwise. Bitcoin’s (BTC) abysmal December 2017 futures launch quickly fell short of investors expectations and even though the CME BTC market has surpassed $2.5 billion in open interest, the initial launch has […]

Advertisements In brief: Gene Simmons has revealed he bought $300k worth of Ethereum 4 months ago Mr. Simmons bought his bags of Ethereum on the Gemini exchange with the help of Tyler and Cameron Winkelvoss Gene Simmons probably bought Ethereum when it was below $400 His bags are possibly now worth 4.58x more, which is […]

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 […]