Ethereum Watch

Ethereum has seen a decentralized finance craze over recent weeks. Advertisements Due to innovation, high returns on investments, and other attractive characteristics, DeFi has gone parabolic. Data from DeFiPulse shows that the value of cryptocurrency locked in blockchain finance applications has reached $1.6 billion. This is Simultaneously, DeFi-related tokens like Compound’s COMP and Balancer’s BAL […]

The Ethereum-based DeFi sector has been consuming the bandwidth of the crypto sphere in recent times, being at the forefront of most conversations due to its exploding popularity. Advertisements One new trend dubbed “yield farming” has also garnered significant attention from investors, as it has allowed users to see massive yields on their capital – […]

The narrative around decentralized finance (“DeFi”) has strengthened this year. While Ethereum is up nearly 90% since the beginning of 2020, some DeFi tokens, including Aave (LEND), have skyrocketed over 1,000%. Advertisements Investors’ interest seems to be shifting towards this market sector. Yet in the long-term Ethereum will benefit the most, according to Skew. The […]

Ethereum has been generating significant buzz across the crypto sphere over the past few days, primarily due to the explosive surge in the popularity of decentralized finance (DeFi). Advertisements Much of this popularity has been driven by an emerging trend called “yield farming,” in which users can leverage different protocols in order to receive massive […]

Ethereum is recovering from the $225 support against the US Dollar. ETH price is now trading near the $230 level ad it seems like there are chances of more gains if it breaks the 100 SMA (H4). Advertisements ETH price is slowly gathering pace from the key $225 support area against the US Dollar. It […]

Ethereum has now pushed below the lower boundary of its long-held trading range that has been formed throughout the past several weeks This weakness has come about as Bitcoin also inches lower Both of these digital assets have been maintaining above these levels over the past several weeks, and a firm decline beneath them would […]

Ethereum has been flashing some signs of tempered weakness throughout the past several days and weeks, hovering just above the lower boundary of its long-held consolidation channel. Advertisements The cryptocurrency’s present weakness is primarily rooted in that of Bitcoin, which has seen faltering momentum as it continues struggling to break above the key psychological resistance […]

Ethereum continues to struggle with resistance at $250 that has held back the asset for much of the last two years of bear market. Advertisements However, a crypto-focused investment fund manager is expecting that the asset’s best use case, decentralized finance, could help propel Etheruem to a $1 trillion market cap. This would take the […]

Ethereum has declined over the past 24 hours alongside Bitcoin and the aggregated cryptocurrency market. Despite flashing some signs of strength in recent times, this has not been enough to break its tight correlation with BTC. Advertisements Analysts do believe that the cryptocurrency is now positioning itself to post a massive upwards breakout in the […]

Ethereum’s price action in recent times has been lackluster to say the least, as it has been closely tracking that of Bitcoin as it trades within a wide and long-held range. Advertisements It does not appear that this is emblematic of the cryptocurrency’s long-term outlook, however, as one prominent venture capitalist is now noting that […]