Ethereum Watch

It has been another miserable week for Ethereum as prices continue to erode. Further declines today have left the world’s second largest crypto asset in danger of hitting a nine month low. Decentralized finance (DeFi) markets are in an opposing trend with continued growth in the sector.Ethereum Hits $140Ethereum is still deep in a two […]

\n Advertisements $85M worth of USDT was just moved on Ethereum’s blockchain. The total cost of the transfer was just $0.03. Recently, Tether has been token swapping its USDT on the Omni blockchain to Ethereum. Yesterday, around $200M of USDT was converted to Ethereum and represented on the public chain. Binance was the third-party that […]

\n Advertisements Investments in Ethereum-based decentralized finance (DeFi), a much-vaunted sphere of digital assets, has been increasing at a staggering rate, up over 200% from the same time last year. DeFi services include lending, decentralized exchanges, derivatives, payments, and assets. Considered an overall indicator of the health of the space, the $650 million locked up […]

Ripple price declined recently below the $0.2240 and $0.2220 support levels against the US dollar.The price is currently correcting higher, but facing resistance near $0.2240 and $0.2260.There is a key bearish trend line forming with resistance near $0.2240 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum is facing an increase in […]

Advertisements Being an integral part of the Ethereum’s blockchain transition to PoS, the difficulty bomb may pose a threat to miners and projects. The Ethereum block difficulty began to grow back in November 2016. Since then, developers have been constantly forced to carry out hard forks to keep the network up until the transition to […]

\n Advertisements In September, Spanish banking giant Santander became the first financial entity to manage all aspects of a bond on a public blockchain. The $20M bond on the Ethereum blockchain has now accrued its first quarterly interest. The bond, first settled in September, was big news for the world’s largest smart contract platform when […]

Advertisements Banco Santander has just performed an early redemption of the blockchain-based bond that was issued on Sept.10, 2019. Spain’s multinational banking giant Banco Santander has just redeemed a $20 million bond using the Ethereum blockchain. The firm has performed an early repayment of the blockchain-based bond that was issued on Sept.10, 2019, which purportedly […]

Advertisements Footwear giant Nike patented shoes that are tokenized as a non-fungible token on the Ethereum blockchain, dubbed CryptoKicks. Footwear giant Nike patented shoes that are tokenized as a non-fungible token (NFT) on the Ethereum blockchain, dubbed CryptoKicks. The patent — dated Dec. 10 — describes a digital asset for footwear and ways to use […]

The Bitcoin [BTC] market has lost 0.54% of its value in December 2019, with the king coin’s price movement recording recurring dips. A recent dip of 2.45% contributed to the price of the world’s largest crypto tumbling down from $7,450.62 to $7,268.03. Following the loss, Bitcoin tried to recover. However, it was stuck at $7,337.32, […]

Ripple price is currently declining from the key $0.2320 resistance area against the US dollar.The price is now trading below $0.2260 and it is showing a few bearish signs.Yesterday’s major bullish trend line was breached with support near $0.2280 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum is also struggling and […]