Ethereum Watch

Advertisements Summary: Retail users make up a vast majority of DeFi users but professionals move the market Fund sent to DeFi platforms from retail users are usually below $10,000 Most of the value sent to DeFi platforms comes from transfers above $10k and from professional users 47% of the total value sent to DeFi platforms […]

Advertisements Summary: Ethereum looked set to retest $400 as a result of general bullishness in the crypto-markets However, Bitcoin’s dominance has continued to grow and ETH might have to wait for the BTC excitement to subside Bitcoin is on a path to close the month of October on a very bullish note Ethereum’s push towards […]

Advertisements Summary: 26.81 million Ethereum is held on centralized exchanges This is 23.7% of Ethereum’s circulating supply Majority of the ETH is held at Coinbase, Bitfinex and Huobi Ethereum is once again above $390 and looking ready to attempt $400 once again The amount of Ethereum held on centralized exchanges currently stands at 26.81 million […]

Advertisements Summary: Bitcoin has corrected hard to $13k after setting a 2020 peak of $13,858 Bitcoin dropping hard could signal the end of its bullishness at least in 2020 If history is to go by, Bitcoin correcting might provide some room for  Ethereum and altcoins to thrive as witnessed in the 2017/2018 bull market season […]

Advertisements Summary: Ethereum miners have been selling their ETH Ethereum’s Twitter sentiment is in bearish territory ETH/BTC pair shows a weakening Ethereum The daily ETH/USDT hints of a drop by Etheruem Ethereum miners have been selling their ETH in the month of October. This is according to on-chain data courtesy of the team at Santiment […]

Advertisements Quick take: An experienced ‘defi farmer’ used flash loans to drain Harvest Finance of $24 Million in just 7 minutes The team behind Harvest Finance have admitted they made an engineering error when designing the protocol They’ve issued a $100k bounty to any person or team that helps in returning the funds Harvest Finance […]

Advertisements Summary: The number of Ethereum addresses holding between $1 and $10 currently stands at 15 million This is almost two times higher than those of Bitcoin holding a similar amount Ethereum continues to be the favorite for those transacting on the blockchain Ethereum has also dominated trending topics after ETH broke $400 The number […]

Advertisements Summary: The Ethereum network is on track to settle $1 Trillion this year Such an amount in a one year period will be a first for any public blockchain Ethereum is currently transacting two times more value than Bitcoin on a daily basis This has been due to the rise of stablecoins on ETH […]

Advertisements Summary: ChainLink technology is now being used by Unstoppable Domains to link Twitter handles to public Ethereum addresses This can be used as a form of identity verification and reduces the hustle of double-checking ETH addresses before sending funds The price of ChainLink has also benefited from the news of PayPal offering crypto services […]

Advertisements Summary: Ethereum’s value has received a major boost from the PayPal news Ethereum is one of the major digital assets that PayPal’s crypto service will support ETH has since broken the $390 and $400 resistance levels with $420 up ahead Progress on ETH2.0 has continued to gather steam with a deposit contract expected any […]