Ethereum Watch

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements Ethereum’s recent reversal from its resistance highlighted ease in buying pressure. The altcoin noted a substantial decrease in its daily active users over the last day. Ethereum [ETH] witnessed double-digit gains over the last week […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Advertisements The weekly timeframe structure for Ethereum was bearish Daily and lower timeframes showed bullishness as ETH rocketed past the $1400-mark Ethereum [ETH] broke above a nearly month-long range that it has traded within. […]

Ethereum [ETH] staking rewards have not been something to look forward to despite the 6% increase since the Merge. According to a recent Messari tweet, ETH inflation had fallen to almost zero, which had affected the possibilities of increased rewards.  Advertisements However, that was not the only reason. The crypto intelligence platform further noted that […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements Ethereum’s breakdown on the weekly chart made way for a rebounding opportunity. The king alt’s network growth marked a significant plunge. At press time, Ethereum [ETH] was down by over 70% since its ATH in […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements Ethereum’s recent continuation chart pattern could present buying opportunities. The crypto noted a substantial increase in its network growth as the metric matched its yearly highs. Ethereum [ETH] registered double-digit losses over the last […]

Key Takeaways Liquidity is flooding into Algorand’s DeFi ecosystem. The total value locked on Algorand hit $270 million for the first time today. Hivemind Capital deployed $25 million worth of capital in Algorand DeFi, giving the ecosystem a liquidity injection. Several other catalysts have helped Algorand boom ahead of other projects, but the rise may […]

Key Takeaways A whale manipulated the price of Mango Markets’ MNGO token to drain over $100 million from the platform. The attacker has put forward a DAO proposal that would see the project commit its treasury to paying off the bad debt. Mango CEO Daffy Durairaj has said that making users whole is his top […]

Fantom, the scalable blockchain platform, in its latest general update, intimated its users of the growth registered on its network. According to the update, in the last three months, Fantom saw an average daily transactions count of 820,000. Advertisements With new addresses registering on the network during Q3, unique wallet addresses on Fantom stood at […]

Key Takeaways The CFTC has filed a lawsuit against the decentralized autonomous organization behind the Ooki Protocol, Ooki DAO, for allegedly running an illegal derivatives trading platform. The lawsuit marks the first time a government agency has charged governance token holders of a decentralized non-custodial blockchain protocol for allegedly breaking the law. The case could […]

Key Takeaways Wintermute has been hacked for $160 million. The hackers targeted the firm’s DeFi operations. Its centralized activity and over-the-counter services are unaffected. Wintermute founder and CEO Evgeny Gaevoy has said the firm is still solvent and user funds are safe. Share this article URL Copied Advertisements Gaevoy said that the firm would be […]