Ethereum Watch

The crypto-market noted a minimal surge on 4 May, resulting in the value of Bitcoin [BTC] surpassing $9k. And while most altcoins did note rising prices, the price momentum of these cryptocurrencies was not enough to turn around the existing market trend. Advertisements Ethereum [ETH]  Source: ETH/USD on TradingView Advertisements On 4 May, Ethereum rejoiced […]

When measuring user adoption rather than value locked in, liquidity and loan providers are the most popular applications in DeFi. Key Takeaways Measuring the success of DeFi apps with total value locked (TVL) shows a distorted picture of the space. Instead, the total number of users is a better indicator of a dapp’s popularity. The […]

After noticing a constant rise in Bitcoin locked in Decentralized Finance [DeFi], the total BTC on the platform stood at 2.1k. Despite the tremendous losses noted by the DeFi in March, the value of BTC did not waver, rather remained stable. Adding to this stability, Maker approved WBTC as the collateral asset. Could WBTC become […]

Ethereum failed to continue above the $220 resistance and declined below $208 against the US Dollar. ETH price is currently testing $200 and remains at a risk of more losses.Ethereum topped near the $220 level and started a fresh decline.The price is down more than 5% and it is currently closing in towards the $200 […]

The market crash in March sent all coins on a rollercoaster ride and surprisingly, most of them, at the moment, have recovered from the losses incurred. The second top coin ETH which was trending at $140 level in March has recorded a significant increase in April. A similar pattern was followed by BNB and Cosmos. […]

Advertisements MakerDAO governance token holders voted to accept wBTC as the fourth collateral asset in the Maker DeFi Protocol. MakerDao governance, a decentralized community of MKR token holders that govern the Maker Protocol, has voted to pull Bitcoin onto the Ethereum blockchain by accepting Wrapped Bitcoin as a new collateral asset in the Maker Protocol, […]

The second-largest cryptocurrency has been surging since the drop on Black Thursday. In total, ETH has surged by a whopping 152% from peak to trough. At press time, however, this surge was at 138%. Advertisements With 1 ETH priced at $213.76 and a market cap of $23.85 billion, the token showed promise with a 1% […]

In the cryptocurrency markets, an avoidable stalemate is the comparison to Bitcoin. It doesn’t matter if it’s a pump and dump, shitcoin or the largest altcoin in the market, performance is always measured relative to the largest cryptocurrency in the market. Based on this comparison, Ethereum is not looking so good. Advertisements Despite the altcoin […]

Ethereum, unlike Bitcoin, does not have a fixed supply. While some see this as a disadvantage for the coin, many others believe that Ethereum’s minimum necessary issuance (MNI) provides greater network security. Advertisements ETH’s concept of minimum viable issuance as the monetary policy raises a few questions. How can one determine what is minimally viable? […]

Ethereum is following a strong bullish path above the $200 support against the US Dollar, similar to bitcoin. ETH price is likely to continue higher towards the $240 and $250 levels.ETH price corrected lower from the $227 high, but found support near $202 against the US Dollar.It is currently rising and trading with a positive […]