Ethereum Watch

The last couple of days in the month of April laid down the foundation for Ethereum’s rally in May, but the world’s largest altcoin has been rather disappointing over the past week. After hiking by 15 percent on 30 April, ETH’s valuation plunged by over 5.66 percent over the last 6 days. Advertisements With bullish […]

At this point in time, price is king. In less than 10 days, Bitcoin will go through its third block halving, undoubtedly setting off ripple effects across the rest of the cryptocurrency market, a market valued at over $250 billion, with the single largest altcoin contributor being Ethereum with a market cap of $23 billion. […]

Advertisements Two of the world’s largest financial services providers, Goldman Sachs and Morgan Stanley, are now hinting that the worst of the COVID-19 market rout is probably over and the economy is showing signs of improvement. Of course, not everyone agrees with that optimistic outlook. HSBC Holdings economist James Pomeroy, for example, has warned that […]

The cryptocurrency market noted speedy recovery following the significant losses it faced after the crash in March. After a period of steady consolidation, the Bitcoin market soon broke above $8k, with the king coin, at the time of writing, wavering between $8.8K and $9.2K. The coin noted a cumulative gain of 16% over the past […]

Advertisements ETH 2.0’s highly anticipated revamp is expected to begin rolling out in a matter of months, but scaling solutions and gas-free transactions have already arrived. Ethereum 2.0 is expected to launch within months, but new scaling solutions and gas-free transactions are already here. The network is also growing more popular, with the number of […]

A prominent analyst within the crypto community suggested that Ethereum’s price action seems to resemble the way Bitcoin was behaving between 2015 and 2018. Under such circumstances, the chartist implied that ETH can surge up to 63x in its next bull run.The smart contracts giant could have the ability to peak at a high of […]

Advertisements New research has suggested that the initial phases of the highly anticipated upgrade for Ethereum could launch as soon as July of this year, assuming there no further delays. BitMEX research has taken a deep dive into the Ethereum 2.0 upgrade, which will herald in a long-awaited migration from proof-of-work to proof-of-stake consensus. The […]

The crypto-market noted a minimal surge on 4 May, resulting in the value of Bitcoin [BTC] surpassing $9k. And while most altcoins did note rising prices, the price momentum of these cryptocurrencies was not enough to turn around the existing market trend. Advertisements Ethereum [ETH]  Source: ETH/USD on TradingView Advertisements On 4 May, Ethereum rejoiced […]

When measuring user adoption rather than value locked in, liquidity and loan providers are the most popular applications in DeFi. Key Takeaways Measuring the success of DeFi apps with total value locked (TVL) shows a distorted picture of the space. Instead, the total number of users is a better indicator of a dapp’s popularity. The […]

After noticing a constant rise in Bitcoin locked in Decentralized Finance [DeFi], the total BTC on the platform stood at 2.1k. Despite the tremendous losses noted by the DeFi in March, the value of BTC did not waver, rather remained stable. Adding to this stability, Maker approved WBTC as the collateral asset. Could WBTC become […]