Ethereum Watch

Decentralized finance has been branded as one of Ethereum’s — and crypto’s — killer use cases over recent months. But from a dollar perspective, this market segment has not seen as much market penetration as its proponents would believe is “fair.” Advertisements Yet while DeFi continues to gain steam as other blockchains seemingly stall, Ethereum […]

Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks, which exposed it to some intense downwards pressure yesterday. Advertisements It has been able to post a swift recovery from its daily lows, and has remained firmly within its long-held consolidation phase within the $230 to $250 range. Although it […]

The past few years have shown that there is an ever-growing demand for stablecoins. For many users, stablecoins seem to be a natural progression in the world of finance. Interestingly, for many developers, the Ethereum blockchain is developing to be a prime environment for stablecoins to be built on. Advertisements During a recent episode of […]

Advertisements The Seoul Metropolitan Police seize two unnamed local crypto exchanges in an effort to dismantle an ETH-related crime ring. The Seoul Metropolitan Police Agency launched a criminal investigation on June 12, leading to the search and seizure of two unnamed cryptocurrency exchanges. These efforts were enacted with the hope of dismantling an Ethereum (ETH) […]

Advertisements The CTO of Skale believes that the ecosystem behind Ethereum is impossible to compete with, despite delays. In the second part of the interview with Skale Network CTO Konstantin Kladko, he explained why he believes that Ethereum (ETH) is more than just the Eth 2.0 roadmap, and what he believes to be the best use […]

Key Takeaways DeFi tokens have performed extremely well in 2020, with LEND, BNT, LINK, and KNC leading the way. Balancer’s liquidity mining initiative proves that tokens are vital in creating incentives. Governance tokens will grow along with protocols, as they effectively control the direction the protocol takes. There are risks to using governance tokens to […]

Disclaimer: The following price prediction should materialize within the next 24-48 hours. Advertisements After testing the waters above $250 on 11th June 11:00 UTC, Ethereum faced a drastic turn of events, that might not have appeased its proponents. In a period of 14-hours, Ethereum’s valuation dropped all the way down to $225 from $251. The […]

Cryptocurrency payments platform Crypto.com has received its own Twitter emoji, not Ethereum. The emoji automatically appears alongside the hashtag #CRO. The company’s native cryptocurrency has become the second coin to receive a designated emoji on Twitter after Bitcoin, a feat that some think is set to bring more recognition to the platform. Advertisements Twitter Adds […]

Advertisements Cryptocurrency exchanges continue to see significant Bitcoin (BTC) outflows since Black Thursday (mid-March 2020). Balances have reportedly declined by a staggering 12.7% year to date (YTD). This emerging trend of deposit displacement likely indicates a growing appreciation for Bitcoin as a haven asset. Meanwhile, the reverse is true for Ethereum as ETH deposits on […]

Spot exchanges have been suffering over the past couple of months, as underlined by the outflows generated in terms of Bitcoin. With investors looking out for another medium to acquire digital assets, no group of investors is currently paying more than the ones involved with Grayscale, especially the Grayscale Ethereum Trust. Advertisements Source: Grayscale At […]