Ethereum Watch

Advertisements Quick take: For 3 days, before ETH broke $250, whales moved 700,000 Ethereum.  The move could signal a pending top for ETH and whales are orchestrating an exit. Ethereum (ETH) opened the week at a value of $234 and was trading below $250 until yesterday when news broke that US banks can now offer […]

The number of active Ethereum addresses rose by 100 percent in 2020, according to data fetched by Messari. The volume picked momentum on signs of growth within the decentralized finance sector (DeFi). Meanwhile, the ETH/USD exchange rate also grew higher, breaking above $250 for the first time since February 2020. Ethereum addresses that either send […]

Advertisements The bridge integration will make the stablecoin available on the Syscoin blockchain for the first time. Major cryptocurrency exchange Binance plans to use a bridge between the Syscoin and Ethereum blockchains to move its Binance USD (BUSD) stablecoin between them. The bridge developed by Blockchain Foundry — the firm powering the Syscoin blockchain — […]

Advertisements Quick take: The OCC has formally given the green light for US banks to offer crypto custody solutions for their customers. Bitcoin (BTC) and Ethereum (ETH) have rallied as a result. US Banks being allowed to offer crypto custody is bullish for they will provide faster fiat onramps. Bitcoin and Ethereum have reacted positively […]

Advertisements It was only a matter of time before Ethereum finally woke up. Today, the world’s second-largest digital asset has made a significant move, but what is really driving the momentum for ETH? Over the past few hours, Ethereum prices have cranked to levels not seen for five months. It has yet to revisit the […]

Ethereum gained bullish momentum above the $240 resistance against the US Dollar. ETH price is currently correcting gains, but it is likely to resume its upside above $245. Advertisements Ethereum settled above the $235 resistance and it climbed above the $242 resistance. The price traded as high as $247 and it is currently correcting lower. […]

Advertisements As Ether transaction fees hit 100 gwei, the project’s co-founder warns that a failure to respond could undermine the security of the network. Ethereum (ETH) co-founder Vitalik Buterin has called for reform to the cryptocurrency’s fee system, warning that rising transaction fees could undermine the security of the network. The idea is based on […]

Advertisements The final public testnet for ETH 2.0 aims to launch just two weeks from now. The long awaited Ethereum 2.0 network upgrade has taken one step closer to launch with a preliminary date announced for the final planned public testnet.  The platform’s launch coordinator, Danny Ryan (@djrtwo) shared the news on the testnet’s discussion […]

Key Takeaways The debate around DeFi token valuations has crypto investors divided One indicator suggests that LEND is trading a premium because the market values Aave’s product innovation By the same metric of innovation, SNX is also currently undervalued Share this article Is DeFi a massive bubble or fairly valued? Two valuation methods can help […]

Advertisements Quick take: Bitcoin’s move above $9,300 has spread a wave of optimism in the crypto markets.  Ethereum has surged from $230 levels to $245 and looks set to attempt $250 once again.  Ethereum has tested the $250 resistance level several times since the Coronavirus crash of mid-March.  Perhaps ETH might just break and hold […]