Ethereum Watch

Advertisements This is a first for the traditionally Bitcoin-centric exchange. The Kraken cryptocurrency exchange announced that it would match $150,000 in donations to support open-source Ethereum projects on Gitcoin. Gitcoin is a developer-funding platform relying on a hybrid model of sponsored donations and direct community support. Through its quadratic funding model, community donations are used […]

Advertisements Popular crypto data provider Messari has predicted that roll-ups will beat out layer-one alternatives as the dominant scaling solution amid Eth2’s multi-year incubation. Crypto data aggregator Messari believes that roll-ups will beat out layer-one solutions in the race to scale Ethereum. Although Eth2’s beacon chain genesis successfully took place on Dec. 1, analysts predict […]

Ethereum found support above $580 and corrected higher against the US Dollar. ETH price is facing a strong resistance near the $600 and $602 levels. Advertisements Ethereum started a decent recovery wave above the $585 and $590 levels. The price is approaching the $600 barrier and it is above the 100 hourly simple moving average. […]

Advertisements Despite its recent Phase 0 launch, the fully realized transition to Eth2 could still be years away from completion. Ethereum 2.0 launched its Beacon Chain on Tuesday, marking the project’s transition to a proof-of-stake, or PoS, mining algorithm. With Phase 0 now in the rearview mirror, the founder and CEO of MyEtherWallet, Kosala Hemachandra, […]

Advertisements Quick take: The number of Ethereum addresses holding one or more ETH has hit a new all-time high of 1,174,377 The increase is due to the progress of ETH2.0 and the potential of staking Ethereum The popularity of DeFi is also behind the increment of addresses holding at least one ETH The value of […]

Advertisements Quick take: Total value locked in DeFi has risen by 2,000% in 2020 January had a total value locked of $0.67B compared to the current level of $14.74B The total value locked will soon break $15 Billion DeFi tokens have also experienced a bounce in the month of November This might be the beginning […]

Ethereum traded to a new yearly high at $636 before correcting lower against the US Dollar. ETH price is showing bearish signs and it could decline heavily if there is a break below $570. Advertisements Ethereum started a downside correction after trading to a new yearly high at $636. The price is trading below the […]

Advertisements Ether price has rallied 322% year-to-date and its $67 billion market cap now surpasses General Motors and CME Group. 2020 has been an impressive year for the Ethereum network and Ether (ETH) price. In November the Eth2 deposit contract quietly launched and before the end of the month the contract had reached capacity with […]

Key Takeaways Yearn Finance and Akropolis have joined forces. Additionally, Yearn and SushiSwap have combined their efforts. These deals represent Yearn’s fourth and fifth mergers. Share this article Yearn Finance has merged with two DeFi projects—Akropolis and SushiSwap—allowing investors to use those projects’ earning DeFi capabilities in unison. Advertisements Akropolis Adds More Options The merger […]

Advertisements Ether price declined sharply alongside Bitcoin even as the long-awaited Eth2 mainnet launched successfully. The price of Ether (ETH), the native cryptocurrency of Ethereum, plunged harder than Bitcoin (BTC) in the recent pullback.  After reaching an all-time high on Coinbase, the price of Bitcoin fell steeply by over 9% within several hours. In the […]