Ethereum Watch

Advertisements Ethereum demand in the derivatives segment outweighed spot demand in June. ETH’s funding rate also witnessed a rise, especially in the last week of June. Recent data analyzing the state of demand for crypto reveals that the derivatives segment grew significantly in June. Ethereum [ETH] was among the cryptocurrencies that have been tapping into […]

Advertisements A section of the Ethereum community proposed the ERC-7265 standard to reduce DeFi exposure to exploits. The approach has raised concerns about certain issues that DeFi is against. As the leading project in Decentralized Finance (DeFi), the Ethereum [ETH] community has taken it upon itself to curb the incessant attacks in the ecosystem. Dubbed […]

Advertisements Summary: A proposal on Aave DAO to move $3 million in ETH from the treasury into wrapped staked ETH and rocket pool ETH is active in the project’s governance forum. The proposal with 252,152 votes in favor argues that converting 1,600 ETH to liquid staking derivatives will earn higher yield for the protocol. Staking […]

Advertisements Last week’s minor price rally caused inflows into Bitcoin and Ethereum investment products to jump. Short-bitcoin, on the other hand, saw its 10th week of consecutive outflows.  Inflows from digital asset investment products totaled $125 million last week, bringing the second consecutive week of inflows to $334 million, CoinShares found in a new report.  […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The price action of Ethereum was at odds with a volume indicator. ETH bulls can wait for a retracement but must trade a breakout carefully. Bitcoin [BTC] saw its bullish momentum stall just […]

Share this article URL Copied Advertisements Bittrex, a bankrupt cryptocurrency exchange, is contesting the U.S. Securities and Exchange Commission’s (SEC) authority to regulate its operations through securities violations. This dispute, if won, could limit the SEC’s power to oversee cryptocurrency exchanges and other digital asset businesses. The first line of the motion read: “After a […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements Ethereum [ETH] is the second-largest cryptocurrency with a market cap of $230 billion. It is the bedrock of a large number of blockchain projects running successfully today. The first quarter of the new […]

Advertisements Developers of ENS have announced plans to implement Layer 2 interoperability.  ENS has seen increased buying pressure in the past few weeks. During a community call on 28 June, ENS Labs, the developer team behind the Ethereum Name Service [ENS], announced its plans to introduce Layer 2 (L2) interoperability for ENS domains.  Realistic or […]

Advertisements BTC and ETH long contracts were far more than shorts, but these positions’ expiration could mark the highest in months. The Put Call Ratio of both assets remained bullish despite rising concerns. With the cryptocurrency market buzzing with increased activity, about $7.2 billion in Bitcoin [BTC] and Ethereum [ETH] options contracts may be set […]

Advertisements Ethereum’s exchange reserve increased which meant it was reeling under selling pressure.  Most of the market indicators were bearish, but a few metrics supported the bulls.  After crossing the $1,900 mark, Ethereum [ETH] once again witnessed price corrections as its value declined. Interestingly, a tweet from Lookonchain pointed out that whales were selling their […]