Quick take: Deribit has just announced the addition of the ETH $20k strike to its December 2021 options contracts Such a strike price points towards a demand for such a product by Ethereum bulls Ethereum has...
Summary: The team at Deribit has confirmed that Three Arrows Capital is a shareholder at the exchange. Deribit also hinted that its accounts possibly linked to Three Arrows Capital are in debt. However, the team at...
Ethereum (ETH) has had quite the fall from grace in terms of price. In 2017, the altcoin was literally all the rage — the cryptocurrency that everyone knew besides Bitcoin was Ethereum. This hype culminated in...
Bitcoin Dominance Wanes As outlined in Ethereum World News’ market report published yesterday, altcoins haven’t been doing too well during Bitcoin’s swing to the upside. In fact, Bitcoin dominance, a key statistic used to determine how...
As crypto markets begin to cool off again and Bitcoin resumes its consolidation, the world’s second largest digital asset faces a gloomy short term outlook. Technical indicators are forming increasingly bearish patterns for Ethereum and a...
Summary: Disney has invited Polygon (MATIC) to participate in its 2022 Accelerator Program, focusing on NFTs, AI, and Augmented Reality. Polygon (MATIC) is the only blockchain project selected in a list of six. The world-renowned Walt...
Quick take: Earlier this week, an Ethereum transaction with a $2.6M fee shocked the crypto community. A second transaction from the same ETH address also paid $2.6M in Ethereum fees. Also in the same week, a...
The CEO of Pantera Capital has pointed out that EIP1559 will make Ethereum a more deflationary asset than Bitcoin He believes Ethereum is undergoing a market re-rating for EIP 1559 and proof of stake The ratio...
Quick take: The amount of ETH and BTC locked in DeFi currently stands at $4.78 Billion This amount represents 43% of the total value locked in DeFi The number of ETH locked in DeFi has increased...
Summary: ETH and Stablecoins running on Ethereum settled over $1.6 Trillion in 2020 The three major stablecoins driving transaction volume on Ethereum are Tether (USDT), USDC and DAI Stablecoins are a bridge between traditional finance and...
Summary: Ethereum’s native asset ETH traded around $1900 on Tuesday hours ahead of the Shapella update that developers promise will unlock staked Ether. The update scheduled for April 12 at 11 pm UTC is Ethereum’s most...
Quick take: The amount of Ethereum held by the top 10 ETH whales has dropped from 16.4% of the total supply to 4.5% in one month This is a case of redistribution as more ETH addresses...