Ethereum Watch

Welcome to the second episode of BeInCrypto’s bi-weekly news show. Friday the 13th is unlucky for some, but not for BiC as this is the 8000th article published since our launch in August 2018! Advertisements Today we dive in to discuss Bitcoin blitzing past $16,000, reaching its highest daily price close since 2018. Meanwhile, MicroStrategy, […]

Key Takeaways Beam will launch its DeFi network BeamX on Nov. 19. The project will offer a decentralized exchange, a lending platform, and many other applications. However, Ethereum’s DeFi network is much larger than most competitors, which will pose a challenge for Beam. Share this article Beam, a privacy-centric crypto project, has announced plans to […]

Advertisements Quick take: Bitfinex’s CTO has suggested that crypto exchanges should run their own Ethereum nodes His comments were a recommendation after Ethereum’s infrastructure provider, Infura, went offline Crypto exchanges were temporarily forced to suspend ETH and ERC20 token withdrawals after a chain split occurred The root cause of the Ethereum chain split has been […]

Advertisements Quick take: The Yearn Finance (YFI) ecosystem is once again showing signs of life Yearn Finance’s transaction count hit a new all-time high of 11.3k on the 7th of November YFI has rebounded hard from a local low of $7,450 YFI value has once again exceeded that of Bitcoin at its current rate of […]

Advertisements Quick take: Binance CEO, CZ, has hinted that he will purchase 32 ETH He explained the Ethereum will be used to support ETH development 32 ETH is the minimum staking requirement on ETH2.0 ETH2.0 needs at least 16,284 validator deposits of 32 ETH each to trigger Phase 0 According to CryptoQuant.com, the ETH deposits required […]

Advertisements Quick take: Ethereum is once again attempting to break away from the market influence of BTC ETH’s correlation to Bitcoin has dropped significantly and is in territory last seen in early 2018 The correlation could continue to drop as staking of the 32 ETH required for ETH2.0 intensifies Ethereum’s value could eventually break $500 […]

Advertisements Quick take: Ethereum’s daily active addresses have increased significantly in the last few days Such high activity on the Ethereum network is accompanied by ETH gaining significant value ETH has since broken the $420 and $450 resistance zones and could just break $500 in the days to follow The launch of ETH2.0 Phase 0 […]

Advertisements Quick take: The total value locked on Uniswap is on track to break $3 Billion The Uniswap protocol recently celebrated its second anniversary Uniswap (UNI) might have finally bottomed in the crypto markets The Uniswap (UNI) protocol is on track to hit the $3 Billion mark in terms of total value locked on the […]

Advertisements In brief: The ETH holdings of the top 10 Ethereum whales has dropped to a 3 month low The drop could signify selling but could also be a case of adoption through numerous DApps At the same time, the number of addresses holding 100+ Ethereum has reached an all-time high Additionally, those holding 32+ […]

Advertisements Summary: ETH2.0 Phase 0 will be launched on the 1st of December v1.0 of ETH2.0’s specifications are available online The mainnet deposit contract address is live A minimum of 16,384 32 ETH validator deposits are required 7 days prior to December 7 to trigger the genesis event of ETH2.0 The team behind the development […]