Ethereum Watch

Advertisements ETH/BTC rallies to test its ‘ascending triangle’ pattern for a bullish breakout. Ethereum’s native token Ether (ETH) has grown stronger against its rival for the top position — Bitcoin (BTC) — despite an ongoing crypto market rout. But can the ETH/BTC pair continue to rally in the coming months? Let’s look at the charts. […]

Ethereum extended losses below the $2,500 level against the US Dollar. ETH even tested the $2,200 support and remains at a risk of more losses. Advertisements Ethereum remained in a bearish zone and declined below $2,300. The price is now trading below $2,400 and the 100 hourly simple moving average. There is a major bearish […]

Bitcoin and Ethereum miners, both have made a significant chuck in revenues over the years as demand skyrocketed. However, 2022 might come as a surprise especially for the largest cryptocurrency. January proved to be a tough month for Bitcoin miners. Miners generated approximately $1.2 billion in revenue during the first month of 2022. Advertisements While […]

Advertisements Quick take: Compound Finance’s Treasury has received a B- credit rating from S&P Global Ratings This makes Compound Finance the first institutional DeFi offering to be rated by such a credit agency Traditional institutions have begun to weigh the significance of DeFi services Regulatory clarity could increase Compound Finance’s ratings and see more DeFi […]

Ethereum started a major decline from the $2,700 zone against the US Dollar. ETH dived below $2,550 and might accelerate lower below the $2,420 support. Advertisements Ethereum started a major decline after it failed to surpass $2,700. The price is now trading below $2,550 and the 100 hourly simple moving average. There is a key […]

Just a day after crashing 7% along with other major cryptocurrencies, Ethereum is back again in the news. There is growing uncertainty over its short-term prediction with different data sets suggesting more confusion for investors. Advertisements Glassnode posted two metrics on its Twitter feed suggesting oncoming turbulence for Ethereum. The delay of ‘Merge’ has led […]

Advertisements Quick take: The 2020 hackers of Pickle Finance have laundered 1,800 Ethereum through Tornado Cash Roughly $20 million in the stablecoin of DAI was stolen from the protocol at the time of the exploit Tornado Cash continues to be the preferred mixer for these individuals and groups of hackers The perpetrators of the 2020 […]

As per the latest data released by Santiment, on 7 May, the Ethereum network experienced a 3.4 times rise in the number of transactions as compared to any other day. Advertisements The tweet further went out to state that with the ongoing market capitulation, this is the first time in the last 3.5 years that […]

Key Takeaways Stargate is the first fully composable cross-chain liquidity transfer protocol for native assets with unified liquidity and instant guaranteed finality. Stargate is built over LayerZero, a novel trustless cross-chain messaging protocol that lets smart contracts and decentralized applications living on different blockchains communicate with one another. Stargate is built as an open and […]

Advertisements Summary: The US Treasury Department has sanctioned a cryptocurrency mixer for the first time Blender.io has been added to the OFAC’s SDN list for assisting in illicit transactions that pose a threat to the United States and for aiding the North Korean hacker group, Lazarus, in laundering stolen funds The US Treasury Department has […]