Ethereum Watch

Key Takeaways Indexed Finance has launched a new DeFi-focused index called DEGEN. The index features small to mid-sized DeFi projects with high growth potential, such as Thorchain and Reserve Rights. Liquidity provision launches on Uniswap. It will later move to Sushiswap. The DeFi news category was brought to you by Ampleforth, our preferred DeFi partner […]

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Key Takeaways Yearn has released its quarterly report, which breaks down its revenue and expenses over the past three months. This is the first quarerly report isused by a major DeFi platform. The report ensures that Yearn is accountable to the public. Share this article The popular yield farming platform Yearn Finance has released its […]

Key Takeaways Yearn Finance and Akropolis have joined forces. Additionally, Yearn and SushiSwap have combined their efforts. These deals represent Yearn’s fourth and fifth mergers. Share this article Yearn Finance has merged with two DeFi projects—Akropolis and SushiSwap—allowing investors to use those projects’ earning DeFi capabilities in unison. Advertisements Akropolis Adds More Options The merger […]

Key Takeaways Aave looks ready to retrace towards $44.6 as the TD sequential flashes a sell signal on the 12-hour chart. Uniswap sits on top of a massive support barrier that would absorb downward price pressure. yEarn Finance presents an ambiguous outlook following an impressive 143% bull rally. Share this article The DeFi market is […]

Although Bitcoin has been stealing the spotlight as it hovers above $15,000, Ethereum has been keeping pace and has actually outperformed BTC so far this year. Analysts are calling for another big move up based on developing fundamentals. Advertisements The technical and fundamental outlook for Ethereum continues to strengthen as the asset recovers from a […]

The Ethereum (ETH) price has struggled to retrace significantly since it dropped sharply at the beginning of September. Advertisements The price is currently trading inside a significant support area, the loss of which would go a long way in confirming a bearish trend. Ethereum Struggles to Maintain Support The ETH price reached a high of […]

Bitcoin has been firmly in the driving seat over the past couple of weeks and recent on-chain analytics suggests that things could get worse for crypto’s number two, Ethereum. Advertisements Analytics and blockchain data firm Santiment has been delving into some on-chain metrics for Ethereum, which is still at the heart of DeFi, and they’re […]

The Ethereum (ETH) price has finally reached a daily close above the $390 resistance level, something it had failed to do since the early Sept drop. Advertisements As long as the price is trading above this level, the possibility of upwards continuation is the most likely option. Reclaim of $390 The ETH price has been […]

The Ethereum (ETH) price has been consolidating inside both a long and short-term range since the beginning of September. Until the price moves outside of this, the direction of the trend remains unclear. Advertisements Long-Term Levels The Ethereum price is currently trading between two important support and resistance levels, found at $370 and $455, respectively. […]