Ethereum Watch

Advertisements Compound (COMP) finance becomes the first DeFi project to exceed $10 Billion in total value locked $51.8 Billion is currently locked on Ethereum based DeFi projects The allure of yield farming has resulted in a drop in the amount of Ethereum sitting in crypto exchanges Over $22 Billion in Ethereum is locked in the […]

Advertisements Quick take: Ethereum has had 5 consecutive quarters since Q1 2020 Ethereum’s Q2 2021 has kicked off on a high note with $2k being broken Ethereum’s on-chain transaction volume has also increased since $2k $2k, $1,900 and $1,800 will be the Ethereum levels to watch during today’s weekly close The digital asset of Ethereum […]

Advertisements In summary: Timothy Peterson has forecasted that Ethereum will continue to outperform Bitcoin in the short-term He also forecasted that Ethereum could hit $4k in Q2 Ethereum just hit a new all-time high of $2,146 – Binance rate  A consolidation above $2k is bullish for Ethereum and will provide a springboard for a push […]

Advertisements In brief: Ethereum reserves on crypto exchanges continue to drop Ethereum is on a path towards setting a new all-time high with the new month ETH confidently breaking $2k will open the doors to $2,500 The amount of Etheruem on crypto exchanges continues to hit new lows as investors continually withdraw their ETH holdings. […]

Advertisements In brief: Ethereum’s development activity and submission rate on Github is at its highest level in 2021 This increment coincides with Ethereum trading back above $1,700 However, social sentiment towards ETH remains bearish but could signal the beginning of a new trend up as the new month approaches The digital asset of Ethereum has […]

Advertisements In brief: Ethereum’s monthly returns have been positive for 10 of the last 12 months Ethereum is well on its way towards closing March on a positive note The recent dip to $1,537 could set the pace for Ethereum retesting $2k in April The digital asset of Ethereum has had a volatile few days […]

Advertisements Summary: Ethereum reserves on crypto exchanges have hit a 2 year low Ethereum continues to be locked in DeFi and the ETH 2.0 deposit contract NFT marketplaces are also pushing up the demand of ETH outside crypto exchanges The institutional accumulation of ETH is evident with Grayscale adding 47,895 Ethereum in the last 30 […]

Advertisements In summary: Ethereum 2.0 deposit contract now holds 3.493 Million ETH worth roughly $6.568 Billion The value of these deposits will continue to increase as Ethereum charts a course above $2k The Ethereum community is ready to transition into a Proof-of-Stake algorithm The amount of Ethereum deposited to the ETH 2.0 contract has hit […]

Advertisements Quick take: Ethereum’s EIP-1559 is scheduled for implementation this July during the London hardfork EIP-1559 includes the implementation of a BASEFEE that will be burnt with each transaction Burning of the BASEFEE makes Ethereum a deflationary asset EIP-1559 coupled with incoming $1,400 stimulus checks, could send Ethereum back above $2k Ethereum’s EIP-1559 is scheduled […]

Advertisements In brief: Ethereum’s supply last active 2 – 3 years ago has hit 16.884 million ETH This amount is a 9-month high for Ethereum and 14.7% of its circulating supply Ethereum recently broke the $2k price ceiling and set a new all-time high of $,2,042 – Binance rate The weekly close is a few […]