Ethereum Watch

Ethereum has been hovering around the $390 region throughout the past several days and weeks, struggling to break above $400 due to the heavy selling pressure that has been established at this price level. Advertisements The cryptocurrency has formed an incredibly tight correlation to Bitcoin, which is currently trading within the upper-$11,000 region. Analysts are […]

Key Takeaways Participating in Proof of Stake networks can be tedious, complex, and be highly capital intensive. Services representing node operators quickly emerged to help laymen enjoy passive income on their PoS tokens. Now, a new wave of projects, led by Stafi, are emerging to unlock the final frontier of PoS networks and solve their […]

Ethereum has been leading the cryptocurrency market higher, helping to push Bitcoin through $10,000 and restart the overall market bull run. Advertisements But before new highs are set, the smart money indicator is hinting that a strong reversal is coming, and already may be underway. Ethereum Carries Crypto Market Higher, Helps Bitcoin Push Through Critical […]

Key Takeaways Non-Ethereum DeFi solutions have witnessed strong growth in recent months 50% of BAND’s circulating supply was pulled from exchanges in just one day as investors looked to stake their tokens Kava’s latest debt ceiling was hit 30 seconds after the resolution to increase it was passed Ethereum is still the most liquid and […]

Key Takeaways Yield farming provides attractive returns, but the process of earning them can be complex. Frequent and multi-step transactions may generate a substantial number of taxable events, which are difficult to track manually. Third-party tools can help to reduce the time and effort when compiling tax reports. Advertisements Share this article DeFi is currently […]

Key Takeaways Ava Labs recently raised $42.5 million to continue building out their suite of blockchain products. Less an “Ethereum Killer,” Ava is positioning itself as a regulator-friendly platform for crypto and finance users alike. Still, the network faces hurdles in attracting Ethereum’s robust community of developers. Share this article One of the most common […]

Key Takeaways Transaction and gas costs on Ethereum have surged in 2020 While the increase in Gas costs coincided with the DeFi craze, data shows that the sector is not the primary reason behind Ethereum’s clogged network The Ethereum-based Ponzi scheme Forsage drives transaction fees up because of its expensive registration procedure Share this article […]

Key Takeaways yEarn was technically born in January 2020 as iEarn, until rebranding and launching new features last month. The platform automates much of the complexity behind yield farming and is controlled by holders of its native governance token, YFI. Andre Cronje has developed a cult-like following due to his software prowess, speed, and creativity […]

Bitcoin is eyeing a breakout towards $12,000, according to crypto-chart analyst Josh Rager. The analogy appears out of Ethereum’s latest upside move from a consolidation range. Mr. Rager sees Bitcoin repeating the same bullish action as it trades inside a similar sideways pattern. Bitcoin is at the cusp of hitting $12,000 in the coming sessions, […]

Share this article Although many of the significant DeFi protocols are built on Ethereum, there’s still a nascent cross-chain ecosystem being built across Cosmos and other blockchains. With FTX’s recent announcement, investors are starting to get excited about cross-chain DeFi. Advertisements DeFi Off Ethereum From MakerDAO and Compound to Synthetix and Uniswap, all of the […]