Ethereum Watch

Advertisements Summary: Retail users make up a vast majority of DeFi users but professionals move the market Fund sent to DeFi platforms from retail users are usually below $10,000 Most of the value sent to DeFi platforms comes from transfers above $10k and from professional users 47% of the total value sent to DeFi platforms […]

Advertisements Quick take: CZ has clarified once again that the Binance Smart Chain is not a replacement or killer of Ethereum He believes ETH2.0 will be awesome when launched and BSC is more like ETH1.8  Transactions on the Binance Smart Chain are 100% backward compatible, faster and have lower fees when compared to Ethereum According […]

Advertisements Summary: Ethereum miners have been selling their ETH Ethereum’s Twitter sentiment is in bearish territory ETH/BTC pair shows a weakening Ethereum The daily ETH/USDT hints of a drop by Etheruem Ethereum miners have been selling their ETH in the month of October. This is according to on-chain data courtesy of the team at Santiment […]

Advertisements Quick take: An experienced ‘defi farmer’ used flash loans to drain Harvest Finance of $24 Million in just 7 minutes The team behind Harvest Finance have admitted they made an engineering error when designing the protocol They’ve issued a $100k bounty to any person or team that helps in returning the funds Harvest Finance […]

Advertisements Summary: The number of Ethereum addresses holding between $1 and $10 currently stands at 15 million This is almost two times higher than those of Bitcoin holding a similar amount Ethereum continues to be the favorite for those transacting on the blockchain Ethereum has also dominated trending topics after ETH broke $400 The number […]

Advertisements Summary: The Ethereum network is on track to settle $1 Trillion this year Such an amount in a one year period will be a first for any public blockchain Ethereum is currently transacting two times more value than Bitcoin on a daily basis This has been due to the rise of stablecoins on ETH […]

Advertisements Summary: ChainLink technology is now being used by Unstoppable Domains to link Twitter handles to public Ethereum addresses This can be used as a form of identity verification and reduces the hustle of double-checking ETH addresses before sending funds The price of ChainLink has also benefited from the news of PayPal offering crypto services […]

Advertisements Summary: Ethereum’s value has received a major boost from the PayPal news Ethereum is one of the major digital assets that PayPal’s crypto service will support ETH has since broken the $390 and $400 resistance levels with $420 up ahead Progress on ETH2.0 has continued to gather steam with a deposit contract expected any […]

Advertisements Summary: The top 10 Ethereum whales have been moving their ETH from exchanges to non-custodial wallets Exchanges have seen a 20.5% decrease in ETH for the past 2 months The movement of Ethereum out of exchanges is proof that whales and retail investors are confident regarding ETH’s long term value The price of Ethereum […]

Advertisements Summary: Social media platforms such as Twitter, Reddit and Telegram can be used to gauge investor and trader sentiment in the crypto-verse According to the latest quarterly report by eToro, Ethereum’s Tweet volume surged by 54% due to DeFi Similarly, Tron experienced a 228% Twitter growth due to DeFi However, Bitcoin still dominated in […]