Ethereum Watch

Advertisements Altcoins offering layer-2 solutions pushed higher while profit-taking resulted in Bitcoin price pulling back to the $45,000 level. On Feb. 10, Bitcoin (BTC) price pulled back 5% from its newly established $48,220 high and a number of altcoins also underwent slight corrections.  Data from Cointelegraph Markets and TradingView shows Bitcoin has declined 4.96% since […]

Key Takeaways Aave has launched a pool on Balancer which offers 300% APY. This pool acts as a safety backup in case of a shortfall event. Aave is now offering 1,100 AAVE per day in total to both stakers and LPs. The DeFi news category was brought to you by Ampleforth, our preferred DeFi partner […]

Advertisements Quick take: Tether’s (USDT) market cap has increased by 44.9% since the beginning of 2021 hitting $30.33 Billion Demand for stablecoins has increased as traders look for fiat onramps Furthermore, DeFi on both Tron and Ethereum has accelerated the use of USDT The market capitalization of Tether (USDT) has increased by a whopping 44.9% […]

Cardano’s native asset ADA was among the best performers on Wednesday as bulls pushed its price up by more than 18 percent. Advertisements The fourth-largest cryptocurrency hit $0.87, its highest levels in more than three years, as traders increased their bids for top Ethereum rival assets. They include Polkadot’s DOT (+5%), Avalanche’s AVAX (+60%), Chainlink’s […]

Advertisements The price of ETH, the native cryptocurrency of Ethereum, achieved a record-high on CME launching dedicated futures. The price of Ether (ETH), the native cryptocurrency of Ethereum, achieved a new all-time high on Feb. 9, 2021. On Binance, ETH rallied to as high as $1,830 merely hours after it started to trade on CME. […]

Key Takeaways DeFi is exposed to risks such as coding errors, operational security, and the interdependence of different projects. If DeFi can overcome these risks it could lead to a “paradigm shift” throughout the financial sector. The cautious endorsement of DeFi by a U.S. central bank could be a major step forward in the acceptance […]

Advertisements The Layer-two protocol plans to become an aggregator and interoperability facilitator for Ethereum scalability solutions. The Matic Network, a project developing an Ethereum-based layer-two solution and an independent proof-of-stake blockchain, announced Tuesday that it would rebrand to Polygon. While the existing products and the token would remain largely the same, the new branding signals […]

Advertisements In brief: Ethereum has returned to bullish territory after the CME ETH Futures went live yesterday Ethereum’s bullishness is partly due to Tesla buying Bitcoin and the general crypto market excitement surrounding the event Technical analysis also points to another push up by Ethereum towards $2k Ethereum (ETH) CME futures contracts went live yesterday, […]

Ethereum gained momentum above $1,650 after bitcoin’s surge against the US Dollar. ETH price is still struggling near $1,760, but it is likely to break higher. Advertisements Ethereum rallied above $1,650 and it traded to a new all-time high near $1,777. The price is now trading well above $1,650 and the 100 hourly simple moving […]

Advertisements With its best-ever weekly close in the bag, Bitcoin is set to vie with Ether and the new “altseason” for supremacy this week. Bitcoin (BTC) bulls seem firmly in the driving seat this week as the largest cryptocurrency begins Monday at near $40,000. After climbing through much of the previous week’s trading, BTC/USD is […]