Ethereum Watch

This week, transaction fees on the Ethereum blockchain grew to a level that made the decentralized applications (dapp) operating atop it practically unusable. In some cases, transferring as little as $5 across the second-largest public chain started costing as high as $300. Advertisements With no choice left, many of the dapp developers decided to run […]

Advertisements Data suggest retail traders are over-optimistically using leverage to long Ethereum, whereas pro traders remain skeptical about ETH’s short-term prospect of reaching $2,000. In the last 24-hours, Ether (ETH) rallied above $1,900 to a new all-time high and this breakout reflects a strong 45% gain for just February alone. Aside from Ether following Bitcoin’s […]

Advertisements Harmony price surged in February after adding a trustless Ethereum bridge to avoid high gas fees. Since the start of February, Harmony (ONE) has rallied by 230% and while the proof-of-stake smart contract platform benefited from Ethereum’s skyrocketing gas fees, the recent meteoric rise appears to be driven by more fundamental factors. Harmony (ONE), […]

Ethereum, the world’s second-largest cryptocurrency by market capitalization, established a new record high on Thursday. Advertisements The ETH/USD exchange rate reached $1,927 ahead of the London opening bell after surging 4.12 percent. Later, the pair gave up a small portion of its gain to profit-takers. It was trading at $1,896 as of 1224 UTC, still […]

Advertisements In brief: Ethereum dropped to as low as $86 during the Coronavirus crash of March 2020 Ethereum has since posted a new all-time high of $1,919 – Binance rate – less than a year later This signifies a 22.3x increment in value or 2,130% in profits $2k is not that far away for Ethereum […]

Advertisements In brief: The daily trade volume of the CME Ethereum futures hits $75.8M 9 days after launch Open interest on the CME Ethereum futures has hit $62M These numbers point towards institutional demand for Ethereum trading products Grayscale has accumulated 194,522 ETH in the last 30 days further confirming institutional demand It has been […]

Key Takeaways Accredited investors can buy shares of the new DeFi Index Fund launched by Bitwise. The fund consists of nine DeFi tokens and will be rebalanced on a monthly basis. Investors need to invest a minimum of $25,000. Share this article Bitwise has announced the launch of a DeFi Index Fund. Institutional investors can […]

Advertisements In brief: Bitwise has launched a new Defi crypto index fund for accredited investors to gain exposure to the sector The DeFi index includes UNI, AAVE, SNX, MKR, COMP, UMA, YFI, ZRX and LRC in weighted proportions The fund’s custodian is Anchorage Digital Bank which is the first federally chartered digital asset bank Institutional […]

Advertisements Ethereum broke the $200 billion market cap mark, surpassing secular companies such as Novartis and AT&T. Ether (ETH) is up 150% in 2021, causing its market capitalization to soar above $200 billion. Most traders are fixated on the unitary price, even though it is entirely arbitrary, therefore missing relevant milestones and comparables. Ether and […]

Ethereum is struggling to gain pace above $1,800 against the US Dollar. ETH price remains well supported and it is likely to accelerate higher above $1,800 and $1,850. Advertisements Ethereum topped near the $1,835 level and it is currently correcting lower. The price is now trading well below $1,800 and the 100 hourly simple moving […]