Ethereum Watch

Ethereum started an upside correction above the $1,850 resistance against the US Dollar. ETH price is likely to continue higher if there is a close above the $2,000 resistance. Advertisements Ethereum started a decent upward move above the $1,850 and $1,950 resistance levels. The price is now trading well above $1,900 and the 100 hourly […]

Advertisements As second layer scaling matures for Ethereum, Vitalik Buterin urges the community to grow beyond the confines of DeFi. During his keynote at the EthCC conference in Paris, Ethereum co-founder and lead developer Vitalik Buterin implored the Ethereum community to innovate beyond the confines of decentralized finance. Describing non-financial utilities as “the most interesting […]

Key Takeaways Vitalik Buterin said that Ethereum “has to expand” beyond DeFi at EthCC. He discussed Ethereum’s potential as a base layer for decentralized social media, pointing out that Ethereum addresses could help users claim ownership of their identity. He also warned about that complex yield farming and token-related activities could lead to financial instability […]

Ethereum started an upside correction from the $1,720 zone against the US Dollar. ETH price could correct further higher, but upsides might be capped near $1,850. Advertisements Ethereum formed a base above the $1,720 support zone before starting an upside correction. The price is still trading well below the $1,850 resistance and the 100 hourly […]

Advertisements Running on a proof-of-authority consensus algorithm, Cronos is powered by Ethermint, a proof-of-stake chain interoperable with Ethereum and EVM-compatible chains. The Crypto.com chain testnet allowing projects built on Ethereum to transfer over to its ecosystem from chains compatible with Ethereum Virtual Machine is now live. In a Tuesday announcement, Crypto.com said it had launched […]

Share this article Flurry Finance has closed a $3 million funding round. Advertisements Flurry Finance Outlines Plans for DeFi Protocol Flurry Finance, the team behind FLURRY, a DeFi protocol offering yield aggregation, recently closed its latest investment round worth $3 million. Investors include AU21 Capital, GenBlock Capital, Shima Capital, CoinUnited.io, One Block, Soul Capital, and […]

Advertisements Solana CEO Anatoly Yakovenko said Neon Labs’ Ethereum Virtual Machine “represents a commitment to a multi-chain future.” Blockchain developer Neon Labs has created a compatibility bridge between Ethereum and Solana, opening the door to more cross-chain development opportunities for Ethereum programmers. Neon’s Ethereum Virtual Machine, or EVM, has deployed via testnet on Solana, the company […]

Ethereum is gaining bearish momentum below $1,800 against the US Dollar. ETH price is likely to continue lower and it might even test the $1,500 level in the near term. Advertisements Ethereum started a fresh decline and it even traded below the $1,850 support zone. The price is still trading well below the $1,800 resistance […]

Advertisements Ethereum, Uniswap, Binance Smart Chain, and Aave are all beating out Bitcoin by daily fee revenue. Ethereum appears to be extending its fee dominance over Bitcoin by roughly 10 times, with Bitcoin currently ranking just sixth by weekly fee generation. According to CryptoFees’ data for July 18, the Bitcoin network had generated $725.7 million […]

Share this article Asset management giant Grayscale is doubling down on DeFi.  Advertisements Grayscale Unveils DeFi Fund  Grayscale Investments is launching a new diversified fund focusing on DeFi.  The firm’s CEO Michael Sonnenshein announced the update on CNBC’s Squawk Box Monday. He explained that the growing demand for DeFi assets had inspired Grayscale’s decision to […]