Ethereum Watch

Considering the situation across traditional markets and global macroeconomic factors, the crypto-market has seen a crash over the past two days. As a result, Ethereum, Dogecoin, and AAVE dove to poke their multi-month/yearly lows on 22 January. Advertisements Now, these cryptos need to reclaim their lost support levels on increased volumes to make way for […]

Key Takeaways DeFi blue chips are leading the market. Sushi, Uniswap, Aave, and Compound have all posted double-digit gains today. DeFi has had a difficult few months after an extended period of consolidation. Share this article URL Copied Advertisements Sushi, Aave, Uniswap, and Compound have posted substantial gains today.  DeFi Tokens Rise DeFi blue chips […]

Share this article URL Copied Advertisements Balancer is hoping that the update will increase yields for liquidity providers.  DeFi Mainstays Announce Collaboration  Two of DeFi’s most popular protocols are coming together to increase yields for users.  Balancer has announced its plans to launch Boosted Pools with Aave, allowing for greater capital efficiency and higher yields […]

Share this article The FTM token has put in double-digit gains following the launch of the DeFi protocol Geist Finance.  Advertisements Geist Finance Launch Boosts Fantom  Fantom has surprised traders with another parabolic rally. The FTM token is up over 36% Thursday following the successful launch of the lending and borrowing protocol Geist Finance yesterday […]

Key Takeaways Dharma’s SDK can connect any Ethereum protocol to the wallet. Users can send up to $25,000 to these protocols from their regular bank account per day, with no intermediary. Users can withdraw to their bank at any time of the day or night. Share this article DeFi innovation continues as the Dharma wallet […]

Key Takeaways Capital gains tax and income tax apply to DeFi earnings depending on the activities and platforms in question. Liquidity pool tokens are typically subject to capital gains, while native tokens are more commonly subject to ordinary income tax. You can take out a crypto loan to pay taxes without triggering another tax event […]

Key Takeaways Aave has launched a pool on Balancer which offers 300% APY. This pool acts as a safety backup in case of a shortfall event. Aave is now offering 1,100 AAVE per day in total to both stakers and LPs. The DeFi news category was brought to you by Ampleforth, our preferred DeFi partner […]

Key Takeaways With Aave registering major gains throughout January, the number of new addresses holding the protocol’s native token has hit a new record high. The number of active addresses is also at an all-time high. Aave is up 185% year-to-date, as interest surrounding DeFi continues to grow. Share this article Aave is up 185% […]

Key Takeaways The total number of DeFi users is currently at 1,001,461, according to data from Dune Analytics. The site analyzed usage of Ethereum-based DeFi protocols such as Uniswap, Compound, Aave, and MakerDao. The site registers the number of unique Ethereum addresses to estimate the number of users. Share this article There are now over […]

Key Takeaways AAVE begin its journey in 2017 under a different name, ETHLend. Since launching its mainnet, the DeFi protocol has become a mainstay in the crypto community. The protocol has now rolled out its herculean upgrade which includes three new key features. Share this article AAVE, the popular DeFi lending protocol, has released version […]