Ethereum Watch

Yearn.finance’s native token, YFI, is expected to outperform into 2021 due to fundamental and technical trends. Advertisements A leading crypto-asset analyst recently shared that YFI’s recent price action looks extremely similar to that of Ethereum prior to the cryptocurrency’s major bull run in 2017. This fractal comparison suggests that Yearn.finance’s native token will undergo an […]

Advertisements First conceived by Vitalik Buterin in Ontario, Ethereum is now available to Canadians in the form of an ETF. Next week, Canadian digital asset investment manager 3iQ will be launching an IPO for the world’s first Ethereum ETF, The Ether Fund, on the Toronto Stock Exchange (TSX) under the ticker QETH.U. The maximum offering […]

Key Takeaways The total number of DeFi users is currently at 1,001,461, according to data from Dune Analytics. The site analyzed usage of Ethereum-based DeFi protocols such as Uniswap, Compound, Aave, and MakerDao. The site registers the number of unique Ethereum addresses to estimate the number of users. Share this article There are now over […]

While Bitcoin has been the center of attention for the past two weeks, Ethereum has started to garner traction again. CNN recently covered altcoins in an article published in its Business column, highlighting trends in non-BTC cryptocurrencies. Advertisements This cements the fact that altcoins are once again starting to enter the minds of investors following […]

Key Takeaways Bounce Finance has integrated YFI as an auction pair and opened a yGift store. Users of the decentralized auction house will be able to buy and sell yGift NFTs with YFI. It’s the latest in a series of extensions from Andre Cronje and the yEarn team. Share this article Popular DeFi protocol, Bounce […]

Advertisements It’s a possible hurdle to cross, but it could take some time. Ethereum 2.0 recently fired up its Beacon Chain, concluding Phase 0 of a scaling effort years in the making. Although he expressed faith in Eth2, Celsius CEO and founder Alex Mashinsky believes that the network could lose its spotlight if it doesn’t […]

Advertisements The asset manager says Ethereum’s mass appeal is growing. Bitcoin (BTC) got many investors hooked on crypto, but it’s Ethereum’s Ether (ETH) that’s beginning to garner more attention, according to Grayscale.  In a phone interview with Bloomberg, managing director Michael Sonnenshein said 2020 has seen a significant rise in “Ethereum only” investors, underscoring the […]

Advertisements Quick take: The amount of Ethereum held by the top 10 ETH whales has dropped from 16.4% of the total supply to 4.5% in one month This is a case of redistribution as more ETH addresses are created Whales transferring their ETH to ETH2.0 explains the redistribution further Ethereum is once again battling to […]

Key Takeaways AAVE begin its journey in 2017 under a different name, ETHLend. Since launching its mainnet, the DeFi protocol has become a mainstay in the crypto community. The protocol has now rolled out its herculean upgrade which includes three new key features. Share this article AAVE, the popular DeFi lending protocol, has released version […]

Ethereum cleared the $600 resistance level and tested the $625 zone against the US Dollar. ETH price is consolidating above $600 and likely setting up for the next move. Advertisements Ethereum settled above the key $600 resistance level and climbed towards $625. The price is currently consolidating near the $600 support and the 100 hourly […]