Ethereum Watch

Advertisements Quick take: 10.7% of Ethereum 2.0 validator deposits are from Kraken Coinbase and Bitfinex hold 5.8x more Ethereum than Kraken 2 crypto exchange could control 1/3 of the validators, 5 exchanges could control 1/2 of the validators 1.436 Million ETH is locked in the deposit contract with more being sent daily 10.7% of the […]

Advertisements Quick summary: Total Value Locked in DeFi recently breached $15B before dipping back to$14B levels The current total value locked stands at $14.66 Billion DeFi’s total value locked has a chance at breaching $20B before year’s end DeFi tokens are also posting impressive triple-digit gains and high trade volume The total value locked in […]

Key Takeaways The crypto industry triumphed despite devastation around the world this year, with Bitcoin and Ether leading the charge. Crypto believers will remember 2020 as the year that institutional investors finally warmed to Bitcoin, and DeFi started to blossom. Signs of mainstream adoption are on the horizon, though there will be regulatory challenges ahead. […]

Advertisements Quick take: Ethereum’s correlation to Bitcoin had dropped to as low as 0.42 in late November Such levels were last seen in 2018 Ethereum’s correlation to Bitcoin has since increased to 0.75  This is an increment of 178% in two weeks Ethereum’s price is once again in bearish territory However, a bounce is likely […]

Key Takeaways The total number of DeFi users is currently at 1,001,461, according to data from Dune Analytics. The site analyzed usage of Ethereum-based DeFi protocols such as Uniswap, Compound, Aave, and MakerDao. The site registers the number of unique Ethereum addresses to estimate the number of users. Share this article There are now over […]

Advertisements Quick take: The amount of Ethereum locked in DeFi has dropped by 2.23 Million ETH since mid-November The current amount of ETH locked in DeFi is 6.7M compared to 8.929M in mid-November The drop coincided with ETH staking on ETH2.0 Staking on ETH2.0 might be a safer alternative to DeFi where rug pulls and […]

Advertisements Quick take: The number of Ethereum addresses holding one or more ETH has hit a new all-time high of 1,174,377 The increase is due to the progress of ETH2.0 and the potential of staking Ethereum The popularity of DeFi is also behind the increment of addresses holding at least one ETH The value of […]

Advertisements Quick take: Total value locked in DeFi has risen by 2,000% in 2020 January had a total value locked of $0.67B compared to the current level of $14.74B The total value locked will soon break $15 Billion DeFi tokens have also experienced a bounce in the month of November This might be the beginning […]

Advertisements Quick take: According to crypto analyst MagicPoopCannon, Ethereum could be on a path to test $750 If $750 is broken, Ethereum could very well push higher to $830 His analysis is based on Ethereum moving within a parallel channel since February this year Ethereum will continue facing pullbacks but a retest of its all-time […]

Key Takeaways Uniswap allows you to exchange ETH and ERC-20 tokens in a few easy steps through its streamlined coin swap. You can also deposit crypto to Uniswap pools and earn interest. This tutorial shows you how to do both tasks. Share this article Uniswap is a decentralized exchange (DEX) built on Ethereum. It offers […]