Ethereum Watch

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Ethereum spiked below the $400 support before recovering higher against the US Dollar. ETH price must surpass the $420 resistance and the 100 hourly SMA to start a fresh increase. Advertisements Ethereum is currently holding the $405 and $400 support levels. The price is facing a major barrier near the $420 level and the 100 […]

Advertisements The new EIP-2878 would reduce block rewards by 75% and has received sharp criticism from miners who say it will compromise the network’s security. A new Ethereum improvement proposal (EIP) has been met with sharp criticism from miners suggesting those behind the proposal are less interested in the network’s security and more focused on […]

Key Takeaways Ampleforth will launch its own versions of Uniswap, Compound, and other DeFi primitives AMPL has been forked numerous times over the past month, and this new infra can allow them to capitalize on the popularity of elastic money Ampleforth’s financial stack can become the base layer of elastic finance if countercyclical monies prove […]

A new Ethereum Improvement Proposal (EIP) which aims to decrease the network’s mining reward is currently being debated. EIP-2878 looks to drop the block reward to just 0.5 ETH. Advertisements Those behind the new EIP claim it will bring annual inflation down and preserve the purchasing power of ether. However, those opposed say the change […]

Advertisements Major changes could be coming to the network. Ethereum Classic (ETC) accelerator Ethereum Classic Labs announced a plan to protect the blockchain from further attacks. On Aug. 19 the organization proposed taking immediate action in implementing long-term changes to the network architecture over the next three to six months. The accelerator decided to focus […]

Following Bitcoin, Ethereum, and other top cryptos lower, Compound (COMP) has shed 9% in the past 24 hours., the asset now trades at $180, lows not seen in over a week. Advertisements COMP’s -9% performance in the past 24 hours makes it one of the worst-performing digital assets of that time frame. For context, Bitcoin […]

Share this article The American crypto exchange, Coinbase, has just released four requirements that projects must follow before earning a lucrative ERC-20 token listing on the platform.  Advertisements Coinbase’s DeFi Listing Standards Nadir Akhtar, a blockchain security engineer at Coinbase, wrote:  “To safeguard users, Coinbase performs a thorough security review of each token before it […]

Advertisements Quick take: The DeFi boom has led to high ETH fees on the Ethereum network.  The team at CoinMetrics has concluded retail users are being locked out of DeFi by these high ETH fees. Whales are one category of investors who are comfortable with parting with high Ethereum fees.  The discussion regarding high Ethereum […]

Ethereum failed to clear the $445 resistance and declined below $420 against the US Dollar. ETH price is now approaching a major support zone near the $400 handle. Advertisements Ethereum is down over 5% and it broke the $425 and $420 support levels. The price even settled below the $420 level and the 100 hourly […]