Ethereum Watch

The second-largest cryptocurrency by market capitalization, Ethereum, appears to have quietly crossed an important critical threshold that has historically signaled major price expansions. While the Ethereum price action may still appear calm on the surface, underlying market structure and flow dynamics suggest a meaningful shift is underway. This type of transition typically occurs when accumulation […]

Open Interest around ETH surged to its highest since the Shanghai Upgrade, indicating a liquidity increase. The USDC/ETH liquidity pool could push ETH in the upward direction. The way Uniswap [UNI] Liquidity Providers (LPs) were utilizing their capital showed that they were optimistic about the price action of Ethereum [ETH], Glassnode revealed. To evaluate this […]

Advertisements Daily active addresses trading UNI drop to a one-month low. New demand for the alt token drives up its price by double digits in the past 30 days.  On-chain network activity for Uniswap’s governance token UNI has dropped to its lowest level in the last month, data from Santiment showed.  Is your portfolio green? […]

Uniswap may have a solid competitor which has the backing of Lido Finance Although UNI active addresses are around the same zone, development activity is at its peak Uniswap’s [UNI] status as the top Automated Market Maker (AMM) could be at risk after a certain Maverick protocol announced a partnership with Lido Finance [LDO]. Like […]

This year, the cryptocurrency market saw a significant decrease in value, losing over $1.4 trillion. This decline was due to various issues faced by the industry, including failed projects and a lack of liquidity. Advertisements The industry faced several challenges, with a number of prominent players within the ecosystem filing for bankruptcy, including BlockFi, Celsius, […]

On-chain data reveals that Ethereum co-founder Vitalik Buterin reportedly dumped 3,000 ETH at $1,250.30 on DeFi protocol Uniswap V3 two days ago. Advertisements Buterin’s transaction history, recorded on Etherscan, shows that he received 5,000 ETH in two payments from the same address just before sending 3000 ETH to the DeFi protocol. Uniswap is an automated […]

Advertisements Summary: Uniswap’s trading volumes for Ether skyrocketed to $1.21 billion, beating centralized exchange Binance. $31 billion worth of transactions happened at decentralized exchange venues over the past week. “Not your keys, not your coins” crypto participants echo as FTX’s crash unravels further. Decentralized cryptocurrency exchange Uniswap facilitated over $1.21 billion in Ethereum transactions as […]

Advertisements Summary: Decentralized exchange Uniswap declared full support for the Merge. The dex does not have plans to support any Ethereum proof-of-work hard forks at press time. Uniswap’s decision was revealed on Wednesday, a day after the Bellatrix update went live. The platform expects smooth operations during the Merge transition. Ethereum’s proof-of-stake switch is expected […]

Share this article URL Copied Advertisements DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, is thrilled to announce that its community has voted to offer lucrative liquidity mining rewards for the ERC-20 format of its native DFI token pairs on Uniswap. The proposal put […]

Uniswap [UNI] is back in the news after the token resurged amid the ongoing market recovery. The largest DeFi exchange has signs of northern movement since the start of the week. It seems like UNI’s focus is to end June on a high note after looking at the price trajectory in the last few days. […]