Ethereum Watch

Stablecoins, including sDAI and GHO, propelled Aave V3’s $100 million loan record. Assets staked on the protocol reduced in the last 24 hours. A whopping $100 million— that was the value of loans issued on Aave [AAVE] on Monday 28 August. The landmark, a record high, was reported by Lucas Outumoro,  IntoTheBlock’s Head of Research. […]

Advertisements Polygon’s Chain Development Kit allows developers to freely build, customize and deploy layer 2 chains connected to the wider Ethereum ecosystem. The Ethereum ecosystem could welcome a variety of new layer 2 (L2) protocols built on Polygon’s newly released open-source codebase, Chain Development Kit, which harnesses zero-knowledge proof (ZK-proof) technology to ensure security and fast […]

Advertisements Storage proofs could prove useful for services like account recovery, tapping into the ability to access and verify historical Ethereum data. A new zero-knowledge proof (ZK-proof) technology is set to improve the ability to access and verify historical data from the Ethereum blockchain, with deep chain validation cited as a usability barrier of the network. […]

Advertisements Bitwise was among a number of asset managers looking to launch Bitcoin spot exchange-traded funds on U.S. markets. In an unexpected turn of events, Bitwise has submitted a request to retract its application for the Bitcoin and Ethereum Market Cap Strategy Ethereum Futures Contracts (ETF), initially filed with the Securities and Exchange Commission (SEC) […]

Tron price is rising and trading above $0.0750 against the US Dollar. TRX is outperforming Bitcoin and could rally further above the $0.0780 resistance. Advertisements Tron is moving higher from the $0.0738 support zone against the US dollar. The price is trading above $0.0750 and the 100 simple moving average (4 hours). There is a […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH’s recent pump waned and eased towards $1700 at press time.  Open Interest surged to $5 billion, last seen on 18 August, but later dipped. After an impressive pump on 29 August, Ethereum […]

Ethereum price is correcting gains from the $1,750 resistance against the US Dollar. ETH is trading above the $1,680 support and might start a fresh increase. Advertisements Ethereum started a downside correction below the $1,720 level. The price is trading above $1,690 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line […]

Advertisements The number of ETH long-term holders surpassed BTC by more than 40 million. Bitcoin’s inability to offer a plethora of use cases contributed to the switch. As the top two most valuable cryptocurrencies, Bitcoin [BTC] and Ethereum [ETH] have not had to deal with any strong competition to yank them off the standings. However, […]

Ethereum price rallied above the $1,700 resistance against the US Dollar. ETH struggled near $1,750 and is currently correcting gains. Advertisements Ethereum gained momentum above the $1,660 and $1,670 levels. The price is trading above $1,700 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance near […]

Advertisements Lido’s TVL climbed by 1.28% in the last seven days, as ETH deposits on the protocol rose.  Its native token, LDO, however, experienced slow accumulation. The total value locked (TVL) in Lido Finance [LDO], a liquid staking protocol for Ethereum [ETH], increased by 1.28% in the past week, according to DeFiLlama. This represented the […]