Ethereum Watch

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 […]

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 […]

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 […]

Advertisements DeFi Pulse, one of the most popular platforms for DeFi token analytics, has just launched its own DeFi index built Set Protocol’s V2 infrastructure. The First Tokenized DeFi Index As per the announcement, the new index comprises ten of the most popular Ethereum DeFi tokens, allowing newbies and experienced traders to gain exposure to […]

Advertisements Quick take: Binance CEO has invited Ethereum DeFi projects to the Binance Smart Chain Migrating to BSC would lessen the load on Ethereum and consequently reduce ETH fees Several DeFi projects are already running on the Binance Smart Chain Binance Smart Chain has now reached 10% of Ethereum’s capacity The CEO of Binance, Changpeng […]

Advertisements Quick take: Arthur Hayes has once again reiterated that 1 YFI will soon be equal to $100k Yearn Finance (YFI) has received a boost from Coinbase announcing it was listing the token Trading of YFI on Coinbase will begin on the 15th of September at 9am (PT) YFI could hit $100k based on the […]