Ethereum Watch

Advertisements Summary: SushiSwap (SUSHI) is now supported on BitGo’s custodial and non-custodial wallets The team at BitGo cited the SushiSwap team’s consistency and resilience as one reason to add support for SUSHI Furthermore, SushiSwap’s collaboration with Yearn Finance is an indicator of growth in the DeFi industry SushiSwap (SUSHI) is now supported on BitGo’s custodial […]

Advertisements In brief: Ethereum miners have earned $3.5 Million in ETH in a single hour This amount is the highest in Ethereum’s history The Ethereum network is also experiencing high gas fees with an average transaction costing $12 High gas fees on Ethereum could cause an exodus by developers and users to other blockchain networks  […]

Advertisements Quick take: The total value locked in DeFi protocols has just hit a new all-time high of $34.2 Billion This is partly due to Bitcoin, Ethereum and several Defi tokens such as Uniswap, gaining value this week According to the team at Weiss Ratings, the potential for growth in DeFi is enormous The DeFi […]

Advertisements Quick take: Ethereum daily transaction fees just hit an all-time high of $22 million This exceeds Bitcoin’s record of $21.4 million for daily fees Ethereum has also hit an all-time high of $1,695 – Binance rate Grayscale has accumulated 47k ETH in the last 24 hours and 70,791 ETH since it opened subscriptions this […]

Advertisements Summary: Grayscale has added 24,796 ETH to its Ethereum Trust This translates to roughly $38 million in Ethereum Grayscale currently manages $27.5 Billion in digital assets The bullishness surrounding Ethereum has led to ETH futures open interest hitting an all-time high of$5.4B Yesterday, the Wall Street firm of Grayscale Investments purchased 24,796 ETH to […]

Advertisements Quick take: Ethereum has just posted a new all-time high of $1,500 At the same time, the value of ETH staked on ETH 2.0 hits $4.3 Billion February is a bullish month for Ethereum and this could be the beginning of more gains Ethereum has just set a new all-time high of $1,500 – […]

Advertisements Quick take: Ethereum has been consolidating around the $1,350 support zone for close to a week This area will be crucial during tonight’s weekly and monthly close Ethereum has a big month ahead with Grayscale opening its ETH fund to subscriptions The CME Group also launches its ETH futures on the 8th of February […]

Advertisements Quick take: Uniswap (UNI) has just been added to the Bitwise 10 Large Cap Crypto Index The protocol now owns the @Uniswap and @UniswapProtocol handles on Twitter Uniswap has been live for over 818 days with zero downtime and $75 Billion in trading volume UNI has just set a new all-time high of $16.40 […]

Advertisements Summary: ETH and Stablecoins running on Ethereum settled over $1.6 Trillion in 2020 The three major stablecoins driving transaction volume on Ethereum are Tether (USDT), USDC and DAI Stablecoins are a bridge between traditional finance and crypto markets ETH, together with stablecoins running on the Ethereum network settled over $1.6 Trillion in transactions last […]

Advertisements Quick take: Pantera Capital CEO has stated that the firm is bullish on Ethereum (ETH) and Polkadot (DOT) This is due to the amount of DeFi projects built on both networks Pantera Capital has increased its non-bitcoin and non-Ethereum share from 16% to 21% Its Liquid token fund is long 62% on non-bitcoin and […]