Ethereum Watch

Advertisements Bitcoin failed to make it back into five-figures on Monday despite a promising start and has since retreated to the mid-$9,000s. However, odds are reasonably high that it will once again kick start a new rally to reclaim the lost ground above $10k. Meanwhile, new data from the cryptocurrency research platform, The Tie, shows […]

Advertisements The amount of BTC wrapped on Ethereum continues to grow. It now stands at $22.5 million, more than twice the BTC on Lightning Network. Decentralized finance (also known as ‘DeFi’) is a growing part of the Ethereum ecosystem. Although the total amount of funds locked in DeFi-related smart contracts has plummeted in the last […]

Advertisements Speculations are rife about the possibility of the US Federal Reserve adopting a negative interest rate policy (NIRP) anytime now. Analysts often argue that unorthodox monetary policies such as negative interest rates are inherently inflationary. According to many, a naturally deflationary asset like Bitcoin stands the perfect chance to draw more investments from strategic […]

Advertisements Following a low-key third halving (in terms of price), Bitcoin was maintaining a sort of quasi-stability in the high-$8,000s for nearly two days. On Wednesday, however, things started pacing up once again as the benchmark cryptocurrency crossed the psychological barrier at $9,000 and then went straight past the resistance at $9,200. Many observers were […]

Advertisements The COVID-19 pandemic may have put a stop to live conferences, but that didn’t prevent the Ethereal Summit from happening. Instead of gathering together, event participants streamed a two-day conference online. One of the highlights was a conversation in which Ethereum Co-Founder Joseph Lubin and Galaxy Digital Founder and CEO Mike Novogratz tackled Ethereum […]

Advertisements Two of the world’s largest financial services providers, Goldman Sachs and Morgan Stanley, are now hinting that the worst of the COVID-19 market rout is probably over and the economy is showing signs of improvement. Of course, not everyone agrees with that optimistic outlook. HSBC Holdings economist James Pomeroy, for example, has warned that […]

Advertisements Bitcoin resumed its upward momentum Wednesday as the price inched closer towards $8,000. The benchmark cryptocurrency closed the day above the key resistance area around $7,800. While $8,000 remains untouched during the current rally, optimistic traders believe that a new bull run could be in the cards, especially considering that the BTC price currently […]

Advertisements Recent data on the cryptocurrency derivatives market indicates that there is still steady growth despite the economic crisis that the world is facing. Trading volume is up from 2019 and many entities are planning to bolster their infrastructure and services. TokenInsight’s most recent 22-page report indicates that, despite the economic fallout as a result […]

Advertisements Bitcoin is struggling to overcome stubborn resistance around $7,800 despite two consecutive attempts on Monday. The possibility of a retreat to $7,600 seems likely. Some analysts believe the dip could take BTC to $7,400 before embarking on a new rally towards the psychological barrier at $8,000. Meanwhile, with the Federal Reserve printing money at […]

Advertisements An organization providing a non-custodial Bitcoin loan platform has joined up with some of the blockchain industry’s biggest names to raise funds to build a native decentralized finance (DeFi) solution for Bitcoin. Atomic Loans has raised $2.45 million in a seed round led by venture startup firm Initialized Capital. The funding round included Ethereum […]