Ethereum Watch

Ethereum recovered above the $380 and $385 resistance levels against the US Dollar. ETH price is struggling to clear the $400 resistance, but it is holding the key 100 SMA (H4). Advertisements ETH price is trading well above the $360 and $375 resistance levels against the US Dollar. The price traded to a new weekly […]

Advertisements The quest to protect Ethereum Classic continues. As it grapples with multiple security breaches, Ethereum Classic Labs has partnered with ChainSafe and OpenRelay in hopes of increasing its defenses against 51% attacks.  In a post, Ethereum Classic and its Core Dev Team will work with both ChainSafe and OpenRelay to develop and test security […]

Advertisements Quick take: The team at Cream Finance (CREAM) will burn 67.5% of the token supply 6,075,000 CREAM tokens will be destroyed The activity will be done tomorrow Sept. 20th The activity is bound to have a positive impact on the value of CREAM In an unprecedented move, the team at Cream Finance (CREAM) has […]

Key Takeaways SushiSwap popularized fair launches, causing forks of nearly every significant DeFi protocol to emerge. Fair launches are a flawed concept and can severely erode development incentives in DeFi and crypto. Putting in a few weeks of work on a fork versus years of effort into building something new has a lopsided reward and […]

Key Takeaways SAFE protocol has met its end with the departure of lead investor, Azeem Ahmad. Insurance Chef along with a team of core developers and advisors will spearhead the migration of SAFE tokens to the new COVER protocol.  COVER tokens will enable buying and selling of insurance coverage along with providing liquidity mining incentives.   […]

While legacy markets and Bitcoin have rejected from local highs, Ethereum has been holding up well. Since the launch of Uniswap’s UNI token, the price of the leading cryptocurrency has surged around 6-7%. Advertisements From the lows set earlier this month, the coin is up in excess of 20%, shocking some commentators who thought this […]

Advertisements Ethereum enterprise adoption is being driven by support from major players such as Accenture and EY. The first stage of the highly anticipated upgrade to the Ethereum blockchain, Ethereum 2.0, is expected to launch by the end of this year. Promising to increase the throughput and lower the latency of the Ethereum mainnet, these […]

Advertisements Quick summary: Ethereum miners are reaping big from ETH fees due to DeFi Their earnings from transaction fees have surpassed those being earned on the Bitcoin network Additionally, the amount of Bitcoin being wrapped on Ethereum continues to grow The value of Ethereum (ETH) is destined to grow with the increased network activity Ethereum […]

The issue of high Ethereum gas prices isn’t going away anytime soon. Just last month, total daily fees on the Ethereum network managed to reach an all-time high of $8.6 million. Advertisements Following a brief respite from high charges, the latest data from coinmetrics.io, for August 31, 2020, shows an alarming trend back towards that […]

Advertisements The previous all-time high in daily transactions was recorded in 2018. Daily transactions on the Ethereum blockchain have just recorded a new all-time high amid the general surge of congestion on the network. On Sept. 17, the amount of daily transactions on the Ethereum network amounted to 1,406,000, according to data from major Ethereum […]