Ethereum Watch

Advertisements On-chain metrics for both cryptocurrencies show a marked decrease in the dollar value of transactions and the subsequent transaction fees. Bitcoin (BTC) and Ether (ETH) appear to be experiencing something of a slowdown, as on-chain data shows a dramatic decrease in the U.S dollar value of coins being sent across both blockchains in the […]

Key Takeaways Capital gains tax and income tax apply to DeFi earnings depending on the activities and platforms in question. Liquidity pool tokens are typically subject to capital gains, while native tokens are more commonly subject to ordinary income tax. You can take out a crypto loan to pay taxes without triggering another tax event […]

Ethereum traded to a new monthly high at $1,655 before correcting lower against the US Dollar. ETH price is struggling to stay above $1,600, but it is likely to remain stable as long as above the 100 hourly SMA. Advertisements Ethereum extended its rise above the $1,600 and $1,625 resistance levels. The price is now […]

Advertisements Multiple data points show investors are strongly bullish on Ether price even after its recent 36% correction below $1,300. On Feb. 20, Ether (ETH) price rallied to a new high at $2,015, and this caused multiple indicators to display signs of excessive optimism. While the excitement could be easily justified by Ether’s year-to-date 176% […]

Key Ethereum Takeaways Ethereum (ETH/USD) looks poised to pursue a bull run towards $2,000 after flipping key resistance levels into interim supports. More tailwinds come from Citi and Goldman Sachs’s latest endorsements for the cryptocurrency sector. Volatility in the US government bond market continues to pose risks to rally. Ethereum prices surged on Wednesday, turning […]

Advertisements Amazon Web Services users reportedly have the ability to “provision Ethereum nodes” and connect to the blockchain’s mainnet and other testnets. Technology giant Amazon just announced the general availability of Ethereum on its managed blockchain. According to Amazon Web Services, or AWS, users now have the ability to “provision Ethereum nodes” and connect to […]

Ethereum started a steady increase above $1,450 and $1,500 against the US Dollar. ETH price is showing positive signs, but it must settle above $1,600 for upside continuation. Advertisements Ethereum started a decent recovery above the $1,450 resistance zone. The price is now trading well above $1,500 and the 100 hourly simple moving average. There […]

Advertisements Soaring Etheruem gas costs are driving investors and protocols to take a closer look at layer-two solutions like Matic, Loopring and xDai. The start of a new month has brought renewed fervor from the cryptocurrency market as Bitcoin’s (BTC) price steadily climbed from a low of $43,537 on Feb. 28 to a high of […]

Advertisements Smart contract platforms are evolving, with DeFi at the center of it all — but the Ethereum factor is impossible to ignore. The decentralized finance movement was a ticking time bomb waiting to detonate when it finally exploded in 2020. From automated market makers to the industry’s current obsession with liquidity mining, DeFi has […]

Key Takeaways Indexed Finance has launched a new DeFi-focused index called DEGEN. The index features small to mid-sized DeFi projects with high growth potential, such as Thorchain and Reserve Rights. Liquidity provision launches on Uniswap. It will later move to Sushiswap. The DeFi news category was brought to you by Ampleforth, our preferred DeFi partner […]