Ethereum Watch

Key Takeaways SushiSwap is a Uniswap copycat built with the idea of stripping power from VCs and returning it to the community. The creator, Chef Nomi, sold the project’s development fund (10% of supply) and transferred control to FTX’s Sam Bankman-Fried. Many people are working to revive SushiSwap, but the project’s reputation is tarnished forever. […]

Key Takeaways Curve’s liquidity providers don’t actively participate in the governance process, which leaves decision-making in the hands of a few powerful stakeholders. While the latest reward boosting initiative improved the situation, it doesn’t solve the fundamental governance problem. Non-financial incentives are important for building long-lasting decentralized communities. Share this article Several yield farming schemes […]

Few cryptocurrencies have had as explosive growth in 2020 as Ethereum has. The top-ranked altcoin led the market into a recovery in early 2020, and after a revisit to an accumulation range, the DeFi trend helped Etheruem rocket out of lows. Advertisements However, today was the first sign that Ethereum’s momentum may be waning, as […]

Few altcoins have performed better in 2020 than Ethereum. The second-ranked cryptocurrency is up well over 200% on the year, and from the Black Thursday bottom to the 2020 high, Ethereum rose over 400%. Advertisements Momentum looks to be behind bulls, however, an ominous signal just triggered on ETHUSD weekly price charts. The signal could […]

Ethereum is up over 2% and it broke the main $400 resistance against the US Dollar. ETH price is likely to accelerate higher once it clears the $408 resistance zone. Advertisements ETH price is back in a positive zone above the $400 and $402 resistance levels against the US Dollar. There is a strong support […]

Key Takeaways Nexus Mutual’s first product, “Smart Contract Covers,” helps members of the mutual protect themselves from smart contract vulnerabilities. The platform’s native token, NXM, can only be purchased on Nexus Mutual and token holders are also technically members. So far, the crypto-based insurance experiment has worked as advertised, as well as made a few […]

Ethereum has been one of the best-performing assets in 2020, bar none. It beat Bitcoin, gold, stocks, and other assets in the best return on investment, had the $1,200 stimulus check be entirely invested in assets. Advertisements But after today’s 10% intraday drop, the top-ranked altcoin is at risk of closing the daily with a […]

Key Takeaways The yield farming trend has spread across nearly the entire DeFi space. Though financial incentives are important, poorly designed rewards can hamstring sustained user adoption. Reserve Protocol and Terra are two examples of DeFi projects building outside of the liquidity mining hype. Share this article Though DeFi projects have been hastily launching various […]

Ethereum is holding a crucial support zone near the $380 level against the US Dollar. ETH price seems to be basing for the next move and it might surge above $400 in the near term. Advertisements Ethereum is currently consolidating above the $380 and $385 support levels. The price is likely to face hurdles near […]

Ethereum is down over 15% from the $445 high against the US Dollar. ETH price could continue to move down, but the $360 support zone might act as a strong barrier for the bears. Advertisements ETH price is trading in a bearish zone below the $400 and $410 resistance levels against the US Dollar. There […]