Ethereum Watch

Ethereum is holding a major support near $1,150 against the US Dollar. ETH price is consolidating and it is likely setting up for a major upside break above $1,250 Advertisements Ethereum is facing a couple of major hurdles near $1,245 and $1,250. The price is likely to remain well bid above $1,150 and near the […]

Advertisements Lyn Alden likens Ethereum to the Concorde aircraft: functional, but not “an economically sustainable project.” One reason strategist and investment guru Lyn Alden isn’t invested in Ether is she considers the Ethereum network an “unfinished product” when compared with Bitcoin. Alden’s economic analysis of Ethereum released today compares the smart contract network to the […]

Key Takeaways Degenerative Finance has launched an experimental design space that explores different derivative products and synthetic assets. The project’s first project is uGas, synthetic gas futures for Ethereum. Depending on a user’s profile, uGas can be a helpful tool to hedge and speculate on the rise or fall of gas prices on the number […]

Advertisements Quick take: The amount of Ethereum stored on crypto exchanges has dropped to 22% of the total supply Ethereum in exchanges was at 26.33% of the total supply five months ago Current levels were last seen in November of 2018 when ETH dropped to $80 and then rallied to $366 The drop in the […]

Participation in the DeFi and staking ecosystems has seen explosive growth over the last year, with the combined sectors currently accounting for over $50 billion in value. Advertisements DeFi growth was predominantly fueled by the breakthrough success of Ethereum-based projects such as Aave, Compound, and Uniswap, utilizing ERC20 stablecoins like USDC and Dai to generate […]

Advertisements In the past month Near Protocol (NEAR) rallied 106% as the DeFi market captured the attention of new investors. Near Protocol (NEAR) is a smart contract platform that uses parallel processing to scale the network. This technique, known as sharding, resembles what Eth2 is aiming to achieve and Near’s proof-of-stake consensus mechanism also allows […]

Advertisements Quick take: Ethereum could set a new all-time high if the $1,350 resistance is broken Ethereum’s path to a new ATH was briefly interrupted by Bitcoin dropping to the $31k level ETH could peak with the CME Ethereum futures being launched on the 8th of February On a fundamental level, crypto exchanges seem to […]

Key Takeaways Raoul Pal and Mark Cuban took to Twitter to discuss pain points and advantages of cryptocurrencies. Pal painted an extremely bullish picture, predicting a $20,000 price target for Ethereum. Cuban’s nuanced discussion of Aave revealed a depth of DeFi knowledge that surprised many crypto natives. Share this article Mark Cuban and Raoul Pal […]

Advertisements Raoul Pal says higher risk altcoins are likely to follow Ethereum, which rose 60% in the first two weeks of 2021. As the cryptocurrency market is showing signs of bullish continuation on Jan. 15, Raoul Pal, the CEO of Real Vision Group and an avid Bitcoin (BTC) investor, is optimistic about the price of Ether […]

Ethereum gained bullish momentum above the $1,150 resistance against the US Dollar. ETH price broke the $1.200 resistance, but it struggled to clear the $1,250 level. Advertisements Ethereum started a steady increase above the $1,150 and $1,200 resistance levels. The price is facing a resistance near $1,250 level, but it is above the 100 hourly […]