Ethereum Watch

Is DeFi capable of banking the unbanked? What is the future of DeFi? While DeFi has seen significant developments in the reshaping financial system, there hasn’t been much talk about progress on financial inclusion. Advertisements Bitcoin advocate Andreas Antonopoulos in a recent podcast shared his thoughts on DeFi. He was of the opinion that DeFi […]

Bitcoin halving hype has faded and the coin hasn’t had any violent price swings since the event. Over the past few weeks leading up to the halving, BTC accumulation rose to record levels as hodlers increased their position. Advertisements Bitcoin exchange withdrawals dropped substantially on 12th March which coincided with the falling price. Interestingly, this […]

After rallying over 100% from March’s capitulation lows, analysts are expecting a retracement in Ethereum, Bitcoin, and other top cryptocurrencies. They cite simple technical factors showing this market has lost the bullish momentum it had just 10 days ago.This bearish outlook, however, hasn’t stopped investors with deep pockets from accumulatingDeep Pockets Are Accumulating Ethereum & […]

Ethereum could be well positioned to see some notable upside in the days and weeks ahead, despite its overt signs of weakness caused by its recent decline to the sub-$200 region.Analysts are now noting that its market structure still favors buyers so long as it maintains above $185, and that a continued defense of this […]

It has been a couple of days since Bitcoin underwent its heavily-publicized halving. In fact, many were speculating what its effects would be on accumulation, something that has been on the rise for quite some time now. Interestingly, the accumulation rates of cryptocurrencies continued to rise, even after the supply cut event of the world’s […]

Bitcoin has proved itself to be one of the best-performing crypto-assets post the market crash on 12 March 2020. In fact, the top coin has not only outperformed crypto-assets, but has also overtaken a few traditional assets. However, there’s one other altcoin that has performed equally well – Tezos. Advertisements Tezos has been on its […]

Advertisements The amount of BTC wrapped on Ethereum continues to grow. It now stands at $22.5 million, more than twice the BTC on Lightning Network. Decentralized finance (also known as ‘DeFi’) is a growing part of the Ethereum ecosystem. Although the total amount of funds locked in DeFi-related smart contracts has plummeted in the last […]

Ethereum may present itself as the decentralized version of the Internet in the face of Bitcoin, the decentralized currency, with it creating a more principled image. But on the price front, it still trails the largest cryptocurrency on the market. Advertisements The Robin to Bitcoin’s Batman, Ether, the currency connotation of Ethereum, has since the […]

Over the last month, Ethereum’s gas prices have been surging faster than Bitcoin’s price. The average gas price increased 3X since the start of May. The reason for this surge is similar to when CryptoKitties was famous – network congestion. However, what’s causing network congestion is interesting as according to a Twitter user, it is […]

Advertisements Reddit has revealed plans to create a system of Ethereum tokens to incentivize quality posts and comments. Reddit Gold could soon be replaced by tokens on Ethereum, a recent slide presentation by Reddit reveals. The idea is that users will be awarded points by their fellow subreddit users. These points can then be spent […]