Ethereum Watch

Advertisements The bullish sentiment among Ethereum (ETH) margin traders appears to have no end in sight, with ETH long positions on Bitfinex up by 90% in 2020. Tweeting on Thursday, Mati Greenspan, founder of Quantum Economics, highlighted the parabolic increase in ETH longs on Bitfinex. Indeed, except for a brief period in February 2020, long […]

Advertisements The COVID-19 pandemic may have put a stop to live conferences, but that didn’t prevent the Ethereal Summit from happening. Instead of gathering together, event participants streamed a two-day conference online. One of the highlights was a conversation in which Ethereum Co-Founder Joseph Lubin and Galaxy Digital Founder and CEO Mike Novogratz tackled Ethereum […]

Advertisements Bitcoin resumed its upward momentum Wednesday as the price inched closer towards $8,000. The benchmark cryptocurrency closed the day above the key resistance area around $7,800. While $8,000 remains untouched during the current rally, optimistic traders believe that a new bull run could be in the cards, especially considering that the BTC price currently […]

Advertisements Two mining pools on Ethereum are continuing to dominate the competition and now make up over half of the entire hashrate for the network. Hashrate is often used as an indicator to judge the strength of a network. However, it is also important to look at how distributed this hashrate is. In the case […]

Advertisements The attacker responsible for the $25 million theft from DeFi protocol, dForce, has returned all of the funds. There has been no explanation for the change of heart, but it is suspected that a lack of thoroughness in covering up his tracks led the attacker to return the funds, in order to avoid further […]

Advertisements Another decentralized finance (DeFi) platform temporarily hit the pause button due to an attack. $25M was drained from the smart contract. Hacks and exploits in the world of decentralized finance (DeFi) seem to be increasingly more common. The latest victim is Lendf.Me — and the dApp has now been put on ‘pause.’ On April […]

Advertisements Ethereum prices at the moment are not inspiring much confidence. However, the long-awaited network upgrades slated for this year and beyond could be a major boost for the crypto asset and its adoption. Ethereum 2.0 not only heralds in a highly anticipated change in consensus mechanism; a raft of scalability solutions that could unlock […]

Advertisements An organization providing a non-custodial Bitcoin loan platform has joined up with some of the blockchain industry’s biggest names to raise funds to build a native decentralized finance (DeFi) solution for Bitcoin. Atomic Loans has raised $2.45 million in a seed round led by venture startup firm Initialized Capital. The funding round included Ethereum […]

Advertisements For some reason, Bitfinex longs for Ethereum are dominating. Almost 90% of all margin traders are longing ETH on the exchange. The overwhelming amount of longs for ETH has some speculating that we could see a massive long squeeze shortly—or maybe these traders know something the rest of us don’t. There is confusion over […]

Advertisements In mid-February, the total value locked in decentralized finance (DeFi) was around $1.2 billion. That number is now around $500 million. Decentralized finance (DeFi) has been all the rage in the past few months. Dominated by Ethereum (ETH), it still remains popular. However, the recent crisis has demonstrated that the idea suffers a serious […]