Ethereum Watch

Advertisements There are two more weeks before launch is delayed, but progress has slowed down lately. The deposit contract for Ethereum 2.0 now holds 50,849 Ether (ETH), worth approximately $22 million as of publication time. This is slightly less than 10% of the minimum required stake of 524,288 ETH, or $230 million. Ethereum 2.0 is […]

Advertisements Quick take: Binance CEO, CZ, has hinted that he will purchase 32 ETH He explained the Ethereum will be used to support ETH development 32 ETH is the minimum staking requirement on ETH2.0 ETH2.0 needs at least 16,284 validator deposits of 32 ETH each to trigger Phase 0 According to CryptoQuant.com, the ETH deposits required […]

Key Takeaways Aave looks ready to retrace towards $44.6 as the TD sequential flashes a sell signal on the 12-hour chart. Uniswap sits on top of a massive support barrier that would absorb downward price pressure. yEarn Finance presents an ambiguous outlook following an impressive 143% bull rally. Share this article The DeFi market is […]

Share this article CGC | DAPP is the sixth installment of a brand-new addition to the vigorous CGC events series, this time with a focus on NFT, DeFi, and Gaming. The online event will take place on December 10-11, attracting 1000 delegates representing more than 300 companies from all over the world. Advertisements As the […]

Although Bitcoin has been stealing the spotlight as it hovers above $15,000, Ethereum has been keeping pace and has actually outperformed BTC so far this year. Analysts are calling for another big move up based on developing fundamentals. Advertisements The technical and fundamental outlook for Ethereum continues to strengthen as the asset recovers from a […]

Ethereum climbed higher nicely from the $425 support zone against the US Dollar. ETH price is struggling to clear the $460 resistance and it could revisit $420 in the near term. Advertisements Ethereum is showing a few bearish signs below the key $460 resistance level. The price is trading above the $440 support and the […]

Advertisements Quick take: Ethereum is once again attempting to break away from the market influence of BTC ETH’s correlation to Bitcoin has dropped significantly and is in territory last seen in early 2018 The correlation could continue to drop as staking of the 32 ETH required for ETH2.0 intensifies Ethereum’s value could eventually break $500 […]

Ethereum is currently expressing some immense signs of strength as the cryptocurrency rallies higher while Bitcoin drifts lower. Advertisements This is the first time in weeks that the cryptocurrency has risen while Bitcoin’s price drifts lower. DeFi blue chips have also been rallying higher. The DeFi sector has been one of the biggest beneficiaries of […]

Advertisements Quick take: Ethereum’s daily active addresses have increased significantly in the last few days Such high activity on the Ethereum network is accompanied by ETH gaining significant value ETH has since broken the $420 and $450 resistance zones and could just break $500 in the days to follow The launch of ETH2.0 Phase 0 […]

Key Takeaways This is the first time that the SNX stakers have been liquidated. SCCP-25 reduced the liquidation delay from two weeks to three days. Share this article The recent crash in the DeFi space has liquidated several SNX stakers. Since then, however, the sector has rebounded, suggesting the bottom is in. Advertisements Synthetix Liquidates […]