Ethereum Watch

Bitcoin and Ethereum, the top two coins in the crypto-market, have not been able to break their key resistance levels yet, with Bitcoin’s at $10,000 and Ethereum’s at $220. As seen in the attached charts, Bitcoin registered significant gains in the month of April and even managed to reach the $10,000-mark on 7 May. However, […]

Is DeFi capable of banking the unbanked? What is the future of DeFi? While DeFi has seen significant developments in the reshaping financial system, there hasn’t been much talk about progress on financial inclusion. Advertisements Bitcoin advocate Andreas Antonopoulos in a recent podcast shared his thoughts on DeFi. He was of the opinion that DeFi […]

Bitcoin halving hype has faded and the coin hasn’t had any violent price swings since the event. Over the past few weeks leading up to the halving, BTC accumulation rose to record levels as hodlers increased their position. Advertisements Bitcoin exchange withdrawals dropped substantially on 12th March which coincided with the falling price. Interestingly, this […]

Ethereum may present itself as the decentralized version of the Internet in the face of Bitcoin, the decentralized currency, with it creating a more principled image. But on the price front, it still trails the largest cryptocurrency on the market. Advertisements The Robin to Bitcoin’s Batman, Ether, the currency connotation of Ethereum, has since the […]

Bitcoin has been noting a lucrative turn of events in 2020, while also overcoming a difficult period that began in March. With the threat of COVID-19 on the world economy still a major concern, the digital asset industry has seemingly carried on with its business, with traders now seemingly content with the present market situation. […]

Wrapped Bitcoin aka WBTC is a way of getting Bitcoin on Ethereum, where WBTC is pegged 1:1 with BTC. This is supposedly the future of cryptocurrencies – cross-chain compatibility. WBTC is one such project working to get the Bitcoin ecosystem [liquidity], or at least a part of it, to ETH. Since the Ethereum chain consists […]

Over the past few weeks, the attention received by the Bitcoin halving has blacked out all the white noise in the industry. In fact, not a lot of importance was given to any other unfolding trend as most people anticipated price actions up until the event. The collapse on 10 May was the last bit […]

DeFi leverages decentralized networks to transform old financial products into trustless and transparent protocols. The platform that supported Ethereum as collateral along with USDC and BAT recently added Wrapped Bitcoin (WBTC), an Ethereum-based token backed 1:1 by Bitcoin to its list of collateral types. Advertisements Even though ETH was one of its oldest collateral, ETH […]

The collective crypto market was in a consolidation phase; as Bitcoin’s awaiting its third halving, conversations about the direction of its price engulfed the community. Advertisements Currently, the cryptocurrency market exhibited of convergence of Ethereum and Bitcoin price volatility despite the general notion that the price of the latter is expected to show some drastic […]

At this point in time, price is king. In less than 10 days, Bitcoin will go through its third block halving, undoubtedly setting off ripple effects across the rest of the cryptocurrency market, a market valued at over $250 billion, with the single largest altcoin contributor being Ethereum with a market cap of $23 billion. […]