Ethereum Watch

After outperforming Bitcoin and most assets in November, Ethereum seems to have taken the southbound road. The top altcoin even after the recent selloffs maintained above the crucial $3955 level. However, it lost over 10% in the last four days as Ethereum traded at $3,780.60 at the time of writing.  Advertisements While the larger market […]

Share this article URL Copied Advertisements Balancer is hoping that the update will increase yields for liquidity providers.  DeFi Mainstays Announce Collaboration  Two of DeFi’s most popular protocols are coming together to increase yields for users.  Balancer has announced its plans to launch Boosted Pools with Aave, allowing for greater capital efficiency and higher yields […]

Advertisements The largest Beacon Chain staking contract worth $33.5 billion is awaiting the Ethereum mainnet merger to unlock. The single largest Ethereum contract containing 8,641,954 Ether (ETH) worth $33.5 billion is sitting idle because it cannot be spent or sent. A Twitter user highlighted the Beacon chain contract, claiming it to be the largest Ethereum […]

Ethereum is forming a base near the $3,660 zone against the US Dollar. ETH price is correcting higher, but a move above $3,920 is needed for upside continuation. Advertisements Ethereum is forming a base near the $3,660 and $3,700 support levels. The price is still trading below $4,000 and the 100 hourly simple moving average. […]

India-based Polygon network has been trending for a while now. Recently the Ethereum-powered network acquired a zero-knowledge (ZK) protocol developer, Mir, for around USD 400 million. Now, it is rolling out a testnet implementation that could possibly hike MATIC by 3X in the current cycle. Advertisements Roll-out Polygon, a layer-2 scaling solution taking inspiration from […]

Key Takeaways Circle has announced that it will be launching native support for its dollar-pegged USDC stablecoin on Avalanche. Following the integration, users will be able to mint and redeem USDC directly on Avalanche. USDC is already the most widely used stablecoin on Avalanche. Share this article URL Copied Advertisements Circle is launching a native […]

Consider the hypothesis: deflation could swap inflation next year. Well, if that’s the case, cryptocurrency can prevail over other asset classes. This is the hypothesis based on which Bloomberg Intelligence analyst Mike McGlone is bullish on the outlook for Bitcoin and Ethereum in 2022. He says “deflationary forces” will take the crypto assets to new […]

Advertisements The number of Ethereum addresses holding less than 0.01 ETH and 0.1 ETH has been climbing since early November against an ongoing price correction. Ethereum’s native token Ether (ETH) has dropped by over 18% after establishing an all-time high around $4,867 on Nov. 10, now trading near $3,900. Nonetheless, the plunge has not deterred […]

Ethereum is struggling to gain pace above the $4,050 zone against the US Dollar. ETH price is recovering, but the bulls could face resistance near $4,175. Advertisements Ethereum extended decline below the $4,050 and $4,000 support levels. The price is now trading below $4,100 and the 100 hourly simple moving average. There was a break […]

Advertisements ZK-rollups become the latest trending solution for scalability on the Ethereum network as developers strive to increase throughput capabilities while decreases transaction costs. Scalability on the Ethereum (ETH) network has been a point of contention within the cryptocurrency ecosystem for years, primarily due to high fees and network congestion during periods of peak demand. […]