Ethereum Watch

Ethereum rallied recently above the $235 resistance region against the US Dollar. ETH is currently correcting gains, but the $230 support might act as a strong buy zone. Advertisements Ethereum is trading in a positive zone above the $230 and $232 levels. The price rallied above the $240 level and it is currently correcting gains […]

Advertisements DeFi tokens like COMP may have been responsible for the increasing number of DApp developers utilizing the Ethereum blockchain in Q2. Decentralized finance (DeFi) applications on the Ethereum blockchain surged in the second quarter of 2020 as the daily transaction volume reached an all-time high in June. The 2020 Q2 Dapp Market Report published […]

Advertisements Total fees collected on Ethereum have continued to trounce Bitcoin for the past 30 days. Ethereum fans argue that the evidence proves that demand for Bitcoin is waning. Demand on Ethereum is growing, and individuals are spending more in fees to use the network than ever before. According to data collected by glassnode, fees […]

Ethereum has flashed some significant signs of strength after posting an intense recovery yesterday. Advertisements The cryptocurrency is now back within the boundaries of its multi-month trading range, and buyers appear to be attempting to establish its recent lows as a long-term bottom. Overnight, sellers pushed it as low as $222 – just a hair […]

Advertisements June was a truly explosive month for decentralized finance markets, and those bullish metrics have impacted the Ethereum network in a similar way. ETH prices, however, are still lagging far behind. Cryptocurrency markets are back in the red as we begin another week but the same cannot be said for DeFi protocols which continue […]

Ethereum is struggling to clear the $230 resistance level against the US Dollar. ETH price is showing positive signs and it seems like a close above the 100 SMA (H4) could trigger a fresh rally. Advertisements ETH price is slowly moving higher towards the $230 resistance against the US Dollar. A close above the 100 […]

Advertisements Decentralized finance is growing at a rapid pace, and at the center of it all is Ethereum. Sentiment surrounding the largest altcoin in the cryptocurrency industry, however, is extremely low after a prolonged bear market. The growth in DeFi has brought some positive buzz back to the altcoin, but pundits argue that without another […]

Advertisements In brief: The Filecoin (FIL) mainnet is still on track for a Q3 launch.  CoinList to be the primary distributor of Filecoin tokens. To kick start development on the platform, a virtual hackathon has been launched by ETHGlobal and Protocol labs.  The event is meant to provide an environment for developers to build DApps […]

Another week, another round of Crypto Tidbits. Advertisements It’s been another boring week for the Bitcoin market. For all of the past seven days, the leading cryptocurrency has traded within 3% of $9,100, trading both above and below that level. Volatility indicators have continued to drop as a result of the consolidation, reaching crucial levels. Analysts […]

Advertisements Ethereum’s 2020 DeFi boom came at the cost of its gaming ecosystem. Results for the second quarter of 2020 show tremendous growth for decentralized applications across all ecosystems, primarily spearheaded by Ethereum (ETH) decentralized finance, or DeFi. Decentralized exchanges were at the frontlines of the rise as Compound token mining activity trickled down to […]