Ethereum Watch

Key Takeaways Aave and Sky partner to integrate new tokens USDS and sUSDS into Aave platform. Collaboration aims to boost USDS adoption and increase Aave’s total value locked. Share this article Advertisements Advertisements Decentralized applications Aave and Sky have announced a joint effort to take the decentralized finance (DeFi) ecosystem to the traditional finance realm. […]

Advertisements contributor Edited By: Saman Waris Posted: September 3, 2024 Share this article Advertisements There is a high possibility that ETH could fall 4% to the $2,400 level. ETH’s reserve on the exchanges has been increasing, indicating higher selling pressure from investors.  In this bearish market sentiment, a recent transaction of Ethereum [ETH] by WazirX […]

ETH’s inflation remains elevated after the implementation of the blobs in March Analysts are divided on how to address inflation with the low-cost blobs Analysts and insiders are calling for a revision of the current Ethereum [ETH] blobs to mitigate inflation and allow the second-largest altcoin to accrue value for its L2s (layer 2s).  Advertisements […]

Ethereum co-founder Vitalik Buterin has firmly denied allegations that the network’s Layer-2 solutions can unilaterally seize users’ funds. Advertisements This statement comes after several crypto stakeholders reignited the debate over fund security on Ethereum Layer-2 networks on the social media platform X (formerly Twitter). Buterin Addresses Skepticism Over Ethereum Layer-2 Fund Security On August 31, […]

Ethereum’s underperformance could delay the much-awaited altcoin season.  Bitcoin’s rising dominance could derail altcoin performance post-Fed rate cuts.  Ethereum’s [ETH] muted price action and the lackluster performance of US spot ETH ETFs could delay the much-awaited altcoin season. In fact, on 30th August, the US spot ETH ETFs record zero flows across the board. Advertisements […]