Ethereum Watch

Visa is showing some bullish behavior around NFTs. As reported on at our sister network Bitcoinist today, Visa made a splash by purchasing a CryptoPunk to kick off the week. The purchase was made late last week for around 49.50 ETH – approximately $150,000. Advertisements The company is showing clear optimism on the future of […]

Share this article OpenSwap has closed a $1.5 million funding round. Advertisements OpenSwap Announces Seven-Figure Raise OpenSwap, the interchain DeFi Hub and liquidity booster for traders, has raised $1.5 million in its latest funding round. Led by prominent VC firms NGC Ventures and Coin98 Ventures, the round attracted investment from BR Capital, Legos Capital, Double […]

Ethereum extended its upward move above the $3,300 resistance against the US Dollar. ETH price is showing positive signs and it may even surpass $3,400. Advertisements Ethereum started a fresh increase above the $3,250 and $3,300 resistance levels. The price is now trading above $3,250 and the 100 hourly simple moving average. There was a […]

According to on-chain analysis, some Ethereum indicators are showing signals that whales are continuing to accumulate the cryptocurrency. Advertisements Ethereum Shows Negative Netflows As Exchange Reserves Continue The Downtrend As pointed out by a CryptoQuant post, ETH indicators seem to be moving in directions that suggest whales are continuing to accumulate. There are three important […]

Advertisements It’s unclear why both asset managers chose to apply for and withdraw seemingly similar applications for Ether ETFs on the same days. Less than two days after submitting separate applications to the United States Securities and Exchange Commission (SEC), asset managers VanEck and ProShares have seemingly decided not to pursue exchange-traded funds (EFTs) with […]

Ethereum remained well bid above the $2,950 support against the US Dollar. ETH price started a fresh increase and it could even surpass the $3,300 resistance. Advertisements Ethereum started a fresh increase above the $3,120 and $3,200 resistance levels. The price is now trading above $3,150 and the 100 hourly simple moving average. There was […]

Key Takeaways Gary Gensler says that the U.S. Securities and Exchange Commission could begin to regulate DeFi platforms. Though DeFi platforms have little control over user funds, they often have an organized and transparent set of developers. The U.S. SEC has already targeted at least two decentralized projects; one this month and one in 2018. […]

Key Takeaways Polkadot-based DeFi Hub Acala has integrated tools like MetaMask, Truffle and Waffle. The integration gives developers the ability to create the same user experience as on Ethereum. Using MetaMask, Ethereum users will be able to easily switch to the “Acala Market” to access Polkadot. Share this article EVM+ by Acala provides an entry […]

Ethereum failed to recover above the $3,120 pivot zone against the US Dollar. ETH price is declining and it could extend its losses below $2,950. Advertisements Ethereum struggled to recover above the $3,120 and $3,125 resistance levels. The price is now trading below $3,080 and the 100 hourly simple moving average. There is a major […]

Advertisements Nigel Green is uber bullish on ETH stating that its value will exceed Bitcoin’s within five years. The CEO and founder of one of the world’s largest independent financial advisory organizations, the deVere Group, has stated that Ethereum’s price appreciation should continue to beat Bitcoin’s in 2021. The deVere Group chief executive Nigel Green […]