Ethereum Watch

Advertisements Ether is stagnating against Bitcoin despite BTC’s strong rally after BNY Mellon embraces digital assets. The price of Ether (ETH), the native cryptocurrency of Ethereum, has been stagnating against Bitcoin in recent days after a strong few weeks against BTC. In the past few weeks, ETH and BTC have shown some inverse correlation as […]

Key Takeaways Ledger has added the WalletConnect feature within the Ledger Live mobile application.  WalletConnect will allow Ledger Live mobile users to use their hardware wallet to sign transactions across various dApps.  The newly updated wallet app is now available for both Android and iOS users. The DeFi news category was brought to you by […]

Advertisements Everyone’s trying to jump ship from Ethereum’s layer one, apparently. Finance Redefined is Cointelegraph’s DeFi-centric newsletter, delivered to subscribers every Wednesday. It seems that this week, finally, the community has had enough of Ethereum’s gas fees. That is obviously a bit of hyperbole, as gas fees are high precisely because people are willing to […]

Ethereum traded to a new all-time high at $1,840 before correcting lower against the US Dollar. ETH price is holding the $1,700 level and it is likely to start a fresh increase. Advertisements Ethereum started a downside correction after trading to a new all-time high near $1,840. The price is now trading nicely above $1,700 […]

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 […]