Ethereum Watch

Key Takeaways Three of DeFi’s leading projects are in dispute after Curve Finance proposed removing CRV rewards from Alchemix’s pool in the protocol. The proposal argues that Alchemix already generates yield from Curve Finance via Yearn Finance’s vaults. Alchemix recently launched its latest alETH product with Saddle, a Curve Finance fork. Share this article Some […]

Key Takeaways Kyber will launch its dynamic market maker (DMM) to Polygon Network later this month. The team has also announced liquidity mining programs on both Polygon and Ethereum to reward liquidity providers. Kyber joins many other Ethereum-native DeFi projects that have expanded to Polygon in 2021. Share this article Kyber is launching its dynamic […]

Ethereum corrected gains from the $2,640 zone against the US Dollar. ETH price is now trading above a major support at $2,500 and the 100 hourly SMA. Advertisements Ethereum failed to clear $2,650 and started a downside correction. The price is now trading above $2,500 and the 100 hourly simple moving average. There is a […]

Advertisements Ethereum derivatives data highlights the lack of short-term strength as ETH price lags Bitcoin’s recovery to the $40,000 range. While speaking at the Virtual Fintech Forum in Hong Kong on May 27, Ethereum co-founder Vitalik Buterin commented on obstacles related to the Ethereum 2.0 rollout. Buterin said that there had been several internal team […]

As wrapped Bitcoin approaches 189,000 BTC, the leading form of BTC on Ethereum now makes up for nearly 1% of the total supply of the cryptocurrency. Advertisements The total supply of WBTC was only around 4,000 coins last June, and today it is 47 times that. The gigantic growth has made the token the most […]

Advertisements Daily active addresses on Ethereum have dropped by 11.1% in the last week In comparison, Bitcoin’s active addresses have only dropped by 0.7% in the same time period Mining revenue for Ethereum has also dropped by 10% Ethereum’s mean transaction volume has also hit a one month low Goldman Sacks plans to launch Ethereum […]

Key Takeaways Taproot is the Bitcoin network’s first update in four years. It comes after the Segwit update divided the community and led to the separation of Bitcoin and Bitcoin Cash. Taproot combines the public keys of all users in a complex transaction in a new unique key. This increases privacy and reduces necessary block […]

Advertisements Despite recording high weekly outflows, Ether funds have generated $994 million in inflows this year. The total assets held in ETH funds are nearly $11.1 billion. Institutional investment managers continued to sell cryptocurrencies like Bitcoin (BTC) and Ether (ETH) last week, though the magnitude of the outflows have declined substantially from previous weeks, offering […]

Ethereum is trading in a positive zone above the $2,400 support zone the 100 hourly SMA against the US Dollar. ETH price is likely to rally if there is a clear break above $2,500. Advertisements Ethereum is trading in a positive zone above the $2,400 and $2,420 support levels. The price is now trading above […]

Advertisements After an impressive 6 months in the crypto markets, Ethereum could be gearing up for a cooldown Timothy Peterson cautions that Ethereum may be in for a rough few months This is based on historical performances of Ethereum during the summer months Ethereum’s $2k support is the level to watch moving forward If $2k […]