Ethereum Watch

DeFi-native Set Protocol, an automated investment platform, has finalized its rollout of social trading, allowing everyday users to benefit from the wisdom and expertise of financially-savvy traders. Advertisements Emotionless Trading with Experts Automated investment services have grown into a sizable market for retail investors looking to gain an edge by delegating the hard work to […]

The team behind Synthetix Network has unveiled protocol enhancements lined up for 2020. Existing infrastructure is slated for an upgrade and a range of new products are scheduled for later this year. Advertisements Upcoming Achernar Release Synthetix is one of the most discussed projects in the DeFi landscape, having cemented itself as a top-performing investment […]

Ryan Sean Adams, founder at Mythos Capital, made a case for a trillion dollar Ethereum market cap. And it’s all about decentralized finance (DeFi).DeFi refers to decentralized applications or platforms that allow investors to engage in traditional financial services by using Ethereum as collateral.Users can receive loans, trade derivatives, make payments, and more in a […]

DeFi protocols are proving their value after providing profit-making opportunities during diverse market conditions. Advertisements Building Financial Utility  In the first half of 2019, as the cryptocurrency market started to rise from multi-year lows, DeFi got its first taste of a bull market as loans on Maker hit an all-time high of $505 million.  Source: […]

A research experiment by Messari highlights how certain sub-niches of DeFi outperformed the rest by linking price appreciation to utility and usage.  Advertisements Dollar Returns From Top Tokens The rise of DeFi was unmistakably a central theme in the cryptocurrency landscape of 2019. Assets locked in open finance protocols surged from $200 million to nearly […]

In the latest DeFi launch, money market protocol Aave will gather off-chain pricing data via the decentralized oracle services of Chainlink. LINK token holders will also be able to earn interest with Aave. Advertisements Introducing “Flash Loans” On Jan. 8, 2020, Aave protocol launched it’s mainnet and announced “the first attempt in DeFi at uncollateralized […]

Given the burgeoning DeFi ecosystem, Tezos Capital CEO Jonas Lamis is launching StakerDAO, a decentralized autonomous organization (DAO) that will decide on which blockchains to stake for. Advertisements Booming DeFi Market the Inspiration Behind StakerDAO According to DeFi Pulse, around $700 million is locked inside DeFi smart contracts. The majority of that is within the […]

DeFi made its claim to fame with lending protocols that offer attractive yields. As these rates normalize, new age financial products could propel the space to greater heights.  Advertisements Stablecoins and Yield in a Volatile Year In the first six months of 2019, Bitcoin spiked from a biennial low of $3,200 to a range high […]

Ethereum is not having the greatest start to 2020. Prices are dumping again from levels which are already at rock bottom as more ETH gets liquidated on exchanges.Ethereum Keeps DumpingSince New Year’s day ETH has dumped over 5% and the rout has continued for the third day of the month. Support at $130 has turned […]

Fundamentally, Ethereum has had a solid year with growth on many fronts. Unfortunately the same cannot be said for price which has now returned to crypto winter levels. All cryptocurrencies, with the possible exception of one or two, are bearish at the moment but Ethereum is likely to bounce back stronger next year.Ethereum Fundamentals Still […]