Ethereum Watch

With the Ethereum network bereft of a lot of positive news lately, the ETH community was thrilled after it was reported that Reddit is supposedly experimenting with a blockchain-based token points system, with Ethereum being central to the development. Advertisements Redditor MagoCrypto was the first to break the news after he uploaded a video that […]

In the traditional world of finance, paramount significance is placed on trust and centralized models of governance. When the idea of cryptocurrencies like Bitcoin was conceived, it sought to present an alternative form of finance, one that was trustless and dependent solely on code. However, in the years since, even the world of crypto has […]

A lack of positives seems to be evident in the global financial system at the moment. Advertisements In order to cope up with the crisis currently ailing traditional markets, the US government recently proposed a $2.2 trillion bailout for the stock market, which clearly highlighted the power of centralization in the traditional financial system. However, […]

Every second-fiddle is always compared to the heavyweight. Either in valuation, price, market capitalization or importance, performance is always relative to who’s holding the cards. For Bitcoin and Ethereum the number one and two cryptocurrencies on the market, the tale is no different. Advertisements For the better part of 2019, Bitcoin had a leg-up, on […]

Bitcoin’s recent rally has significantly catapulted the altcoin market. The largest altcoin, Ethereum has had a rollercoaster ride this year. From shooting all the way up to $287 to hitting lows near $70, ETH has been one of the most volatile assets. Advertisements According to the latest report by the crypto data analytics platform, CoinMetrics, […]

Ethereum is the go-to blockchain for complex smart contracts that are now employed by big corporations around the world. The second-largest cryptocurrency is doing what it was built to do. However, there are problems that the blockchain needs to solve. Advertisements Ethereum faces a problem of equilibrium, failing to maintain balance among decentralization, security, and […]

Trading close to its yearly lows, 2020 has been a conflicting year for the second-largest cryptocurrency by market cap – Ethereum. Over the years, Ethereum has emerged as a leader in the DeFi space. Advertisements In the latest development, when compared to other “high-profile” ERC-20 based projects such as Kyber Network [KNC], ZRX, Reputation [REP] […]

There has been tremendous growth in terms of decentralized finance or DeFi. Following the early 2020 rally, the total value locked in DeFi grew exponentially. However, these figures went down after the recent crash. It’s been two weeks since that fateful day and these figures appeared to have bounced back. Advertisements In the latest development, […]

Bitcoin’s price has been reflecting strong buyers’ momentum in the market on 30 March. As the clock struck midnight, BTC’s value started to climb steadily from $5,918 to $6,300 within 6 hours. The price continued to rally, at press time, and hinted at a shorting behavior in the market. BTC was being traded at $6,299.04. […]

Ethereum saw a dip in its ‘funding rate’, observed across three exchanges- BitMEX, ByBit, and Deribit. Although a dip in funding rate is not an important update, the extent of the dip was noteworthy. Advertisements ‘Funding rate’ is used on margin trading platforms like BitMEX, Deribit, etc to maintain the peg of derivative products. Take, […]