Ethereum Watch

Key Takeaways In a survey study, BCG Platinion and Crypto.com analyzed the adoption of decentralized services among traditional financial companies. The study found that 86% of companies are implementing or evaluating financial services based on DeFi. Security concerns and lack of regulations are still the biggest hurdles to further adoption, however. Share this article According […]

Ethereum’s 2.0 (ETH2) upgrade is expected to begin to roll out in the near future. The upgrade has long been awaited by crypto investors across the industry, with it facing a number of delays. Advertisements There was a scare a number of weeks ago after a testnet for Ethereum 2.0 failed to launch properly due […]

Advertisements An Ethereum 2.0 developer predicts the protocol’s deposit contract will be released in a matter of days, and that ETH 2.0 staking will go live this year. ConsenSys developer Ben Edgington has published an update that predicts the ETH 2.0 beacon chain genesis will happen within the next six to eight weeks. In a […]

Advertisements The price of Ethereum is showing similarities with previous bull cycle beginnings as $800 ETH is coming back in play. Markets tend to behave in massive cycles. One of those cycles is the previous Bitcoin (BTC) price cycle from 2014 to 2017. However, within those cycles, are multiple smaller cycles that could often repeat. […]

Ethereum has been stuck below $380 for the past few days, which is a critical level that has long held serious influence over the entire crypto market. Advertisements If it remains stuck below this level, it could be a sign that bulls are losing their edge over the asset and that further downside is imminent. […]

Advertisements Summary: Social media platforms such as Twitter, Reddit and Telegram can be used to gauge investor and trader sentiment in the crypto-verse According to the latest quarterly report by eToro, Ethereum’s Tweet volume surged by 54% due to DeFi Similarly, Tron experienced a 228% Twitter growth due to DeFi However, Bitcoin still dominated in […]

Advertisements Quick take: The amount of ETH and BTC locked in DeFi currently stands at $4.78 Billion This amount represents 43% of the total value locked in DeFi The number of ETH locked in DeFi has increased by 194% in 2020 The number of BTC locked in DeFi has increased by 10,000% The hype surrounding […]

The Ethereum (ETH) price has been consolidating inside both a long and short-term range since the beginning of September. Until the price moves outside of this, the direction of the trend remains unclear. Advertisements Long-Term Levels The Ethereum price is currently trading between two important support and resistance levels, found at $370 and $455, respectively. […]

Advertisements Quick take: Grayscale currently manages a total of $6.3 Billion in digital assets Its Ethereum trust is worth $869.7 Million This figure is approximately 2% of Ethereum’s market cap indicating Grayscale holds a similar percentage of ETH’s circulating supply The team at Weiss Ratings predicts an 18% spike in Ethereum’s value once ETH2.0 is […]

The third quarter of 2020 has seen the strong resurgence of decentralized finance (DeFi) on Ethereum. With it, the demand for decentralized exchanges (DEXes) surged, causing Uniswap to briefly overtake Coinbase Pro at one point. Advertisements Heading into 2021, Ethereum and decentralized exchanges would likely perform even better, quant trader Qiao Wang said. Two Reasons […]