Ethereum Watch

Key Takeaways Revenue for Bitcoin miners fell by 30% after the block reward halving in May 2020. Ethereum miners saw revenues triple since March as DeFi pushed transaction fees to new highs. By year end Crypto Briefing projects total annual mining revenues of $4.6 billion for Bitcoin and $2.2 billion for Ethereum. Share this article […]

Advertisements Summary: Ethereum continues to dominate the DeFi ecosystem In Q3 2020, Ethereum held 96% of DeFi’s total transaction volume Dapps that account for the majority of the total transaction volume were Uniswap, MarkerDay and Curve The team at DappRadar has released Q3’s Decentralized Finance Report in which they analyze Dapp activity on the several […]

Ethereum started a steady increase above the $355 resistance against the US Dollar. ETH price tested the $380 resistance and it is currently correcting gains. Advertisements ETH price started a strong upward move after it clears the $355 resistance against the US Dollar. The price ran into the $380 resistance, but it settled nicely above […]

After bouncing just under 60% from its local lows of $12,000 to a local high of $19,000, Yearn.finance (YFI) is returning lower. The leading Ethereum-based

Advertisements On-chain data shows Ethereum miners saw a 39% surge in revenue as fees soared during the DeFi craze. Ether (ETH) miner revenue skyrocketed during the month of September according to data from glassnode, an onchain analytics resource. While the price of Ether did not rise significantly during this time, miners on the Ethereum network […]

Key Takeaways Matter Labs launched zkSynca  Layer 2 smart contracts testnet with Curve as the first “resident dApp.” Curve has a total value locked (TVL) of $1.07 billion, at press time.  Matter Labs also introduced a new programming language called Zinc for writing smart contracts.  Share this article Matter Labs’ Layer 2 solution will enable […]

Key Takeaways Polkastarter is a decentralized exchange akin to Uniswap, but built on Polkadot. The team hopes to capitalize on Uniswap’s popularity and improve on the Initial DEX Offering model. The Ethereum-based beta version is expected to launch this winter, followed by a full launch on Polkadot next year. Share this article Polkastarter is a […]

Advertisements In summary: The top 5 NFT marketplaces on Ethereum have surpassed a 24-hour trade volume of $1 Million Such a high trade volume was usually reached after a week of NFT trading NFTs (Non-Fungible Tokens) are gaining popularity in an era of digital ownership As Bitcoin and Ethereum continue on their bullish climb towards […]

Ethereum has undergone a strong surge in the past 24 hours as buyers have stepped back into the crypto market. In the past day alone, ETH has gained 5%, as it currently trades at $368. For context, Bitcoin is only up around 1.5%. Advertisements The buying was seemingly triggered by the ending of a seeming […]

Advertisements Quick take: The team at Bloomberg has predicted that Ethereum could lose the number 2 spot to Tether (USDT) by next year Increasing demand and adoption of stablecoins is the major force behind Tether’s rise Stablecoins are a precursor of CBDCs and will most likely be more enduring than altcoins Ethereum has had a […]