Ethereum Watch

Advertisements Quick summary: Over 15% of the Ethereum supply is locked in smart contracts This comes at a time when the total value locked in DeFi is about to hit a new milestone of $10 Billion In a sense, Ethereum is carrying the entire crypto market right now Over 15% of the Ethereum (ETH) total […]

Advertisements Quick take: Timothy Peterson has predicted that Chainlink will exhibit early Bitcoin returns of 300 – 400% per year The value of LINK is very much linked to the adoption of the ChainLink network More crypto projects continue to integrate ChainLink technology Timothy Peterson has also foreshadowed a possible bottom for LINK in late […]

Advertisements Quick take: UniSwap is now the leading DeFi protocol in terms of Total Value Locked At the time of writing, $1.94 Billion is locked in Uniswap UniSwap’s TVL has eclipsed Aave, Curve Finance, Maker and Yearn Finance However, the UNI token is in the midst of a correction in the crypto markets The launch […]

Advertisements Quick take: The team at Cream Finance (CREAM) will burn 67.5% of the token supply 6,075,000 CREAM tokens will be destroyed The activity will be done tomorrow Sept. 20th The activity is bound to have a positive impact on the value of CREAM In an unprecedented move, the team at Cream Finance (CREAM) has […]

Advertisements Quick summary: Ethereum miners are reaping big from ETH fees due to DeFi Their earnings from transaction fees have surpassed those being earned on the Bitcoin network Additionally, the amount of Bitcoin being wrapped on Ethereum continues to grow The value of Ethereum (ETH) is destined to grow with the increased network activity Ethereum […]

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Advertisements Quick take: Effective today, Coinbase Pro will start to pass network fees directly to their customers Of particular interest, is the Ethereum network that has seen an upsurge in ETH gas fees due to DeFi The latest gas fee hike on the Ethereum network was due to users claiming the UniSwap (UNI) token In […]

The price of Ethereum (ETH) has dropped from $488 on September 2 to below $380, falling by over 22%. If the correction of ETH continues, traders say decentralized finance (DeFi) tokens could further suffer. Advertisements Despite the rally of Bitcoin from $10,300 to over $11,000, DeFi tokens and Ethereum have underperformed. Advertisements The daily chart […]

Advertisements Quick take: The first week of September saw the total value locked in DeFi fall by 22% This was due to decreasing ETH and BTC prices in the first week of September The SushiSwap saga might have caused investors to remove their funds from DeFi projects The total value locked has risen by 39.5% […]

Advertisements Quick take: The new DeFi project of YFMoonshot will commence its presale today, September 15th at 11:30 pm UTC A total of 10,000 YFMS will be up for sale with total supply capped at 35,000 YFMS The presale event will run for 7 days or till the hard cap is reached YFMoonshot will allow users […]