Discover the Latest ETH News & Price

Ethereum (ETH) Transaction Volume Exceeded $24B in August

John P. Njui·September 8, 2020

Ethereum (ETH) Transaction Volume Exceeded $24B in August 14

Quick take: In the month of August, Transaction volume on the Ethereum network exceeded $24B The high network activity was driven by DeFi and DEXs on the Ethereum Network Ethereum transaction volume exceeded other smart contract...

Total Value Locked in DeFi Drops By 22%

John P. Njui·September 6, 2020

Quick take: The total value locked in DeFi has dropped by 22% from its peak of $9.512 Billion The drop coincides with the recent crypto market sell-off that hit DeFi tokens hardest Additionally, the SushiSwap debacle...

Chef Nomi Transfers Control of SushiSwap to FTX Crypto Exchange CEO

John P. Njui·September 6, 2020

Chef Nomi Transfers Control of SushiSwap to FTX Crypto Exchange CEO 15

Quick take: The founder of Sushi Swap, Chef Nomi, sold all his SUSHI in what many believe was an exit strategy Chef Nomi has been compared to Charlie Lee of Litecoin (LTC) Despite the heavy backlash,...

Decreasing Ethereum Network Activity Foreshadowed ETH’s Pullback

John P. Njui·September 5, 2020

Decreasing Ethereum Network Activity Foreshadowed ETH's Pullback 16

In summary: Ethereum’s price had shown signs of weakness as daily active addresses and network growth had started fading Furthermore, exchange wallets exploded to a 6-month high signifying a possible top for ETH Additionally, Ethereum’s correlation...

Ethereum (ETH) Miners are Earning $800k Per Hr, Up from $500k

John P. Njui·September 2, 2020

Ethereum (ETH) Miners are Earning $800k Per Hr, Up from $500k 17

In brief: Ethereum miners are earning an average of $800,000 per hour This value is up from yesterday’s peak of $500,000 High Ethereum network activity due to DeFi has led to a steady increment in ETH...

High ETH Gas Could Cause Binance to Increase Ethereum Withdrawal Fees

John P. Njui·September 1, 2020

High ETH Gas Could Cause Binance to Increase Ethereum Withdrawal Fees 18

Quick take: Ethereum gas fees are at a record high This has resulted in many exchanges going at a loss with each withdrawal of ETH CZ has estimated exchanges are losing $10 – $20 with each...

Everyone Wants to Connect to Ethereum (ETH) – Weiss

John P. Njui·August 30, 2020

Everyone Wants to Connect to Ethereum (ETH) - Weiss 20

Quick take: The team at Weiss Ratings believes that every crypto project wants to connect to Ethereum Their conclusion is based on the Flare Network building a new two-way bridge connecting XRP and ETH Ethereum has...

DeFi Monthly Active Users Hit 292,000 in August

John P. Njui·August 29, 2020

DeFi Monthly Active Users Hit 292,000 in August 21

Quick take: DeFi monthly active users have hit a new milestone of 292,000 in the month of August This is according to the team at Zapper.fi Furthermore, weekly active users have peaked at 99,686 Daily active...

Ethereum’s Correlation With Bitcoin Starts to Increase Once Again

John P. Njui·August 26, 2020

Ethereum's Correlation With Bitcoin Starts to Increase Once Again 22

Quick take: Ethereum’s correlation with Bitcoin has started to increase once again. In late June and July, ETH looked set to break away from Bitcoin’s influence due to the DeFi boom and investors anticipating ETH 2.0. ...

Uniswap Edges out Tether (USDT) in ETH Gas Consumption

John P. Njui·August 23, 2020

Uniswap Edges out Tether (USDT) in ETH Gas Consumption 24

In brief: Uniswap has edged out Tether (USDT) in terms of ETH gas consumption. In the last 30 days, traders on Uniswap V2 have paid $6.99M in ETH fees. The popularity of DeFi is one reason...

OMG’s Impressive Crypto Market Run Risks Ending as Fast as it Started

John P. Njui·August 23, 2020

OMG's Impressive Crypto Market Run Risks Ending as Fast as it Started 26

In brief: OMG’s price seems to be running out of gas in the crypto markets. Its price surge came as a result of Tether announcing it was issuing USDT on the OMG network. As a result,...

Ethereum (ETH) Could Lose 50% in the Next 12 Months – Crypto Analyst

John P. Njui·August 21, 2020

Ethereum (ETH) Could Lose 50% in the Next 12 Months - Crypto Analyst 28

In brief: According to Timothy Peterson, Ethereum could lose up to 50% of its value in the next 12 months. He explains that ETH’s long term growth rate only supports an annual appreciation of 30%. Ethereum...

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Curve 3pool Sees Increased Outflows Since hack

Matter Labs Denies Polygon’s Allegations Of Open-Source Code Plagiarism

U.S SEC Is Reportedly Ready To Consider Ethereum Futures ETF Applications

Arthur Hayes Says BlackRock’s Bitcoin ETF Would Harm Decentralization

Lazarus Could Dump $41 Million In Stolen Bitcoin, FBI Says

Europe Beats US To List Spot Bitcoin ETF

Coinbase CEO Brian Armstrong Is Bullish On On-Chain Games & Ads

Magnate Finance Rugs $6.4 Million From Base Users

Former OpenSea Executive Sentenced To 3 Months In NFT Insider Trading

Blur solidifies reign in NFT space with 60% trading volume market share

OpenSea Shuts Down Royalty Enforcement, Makes Creator Fees Optional

SpaceCatch Public Beta is coming on 22nd April 2024. The biggest GameFi event of this month is here

Chirpley Takes Flight to Ethereum Chain: Expanding CHRP Horizons in the Crypto Cosmos

Coinbase Increases Bond Buyback Limit By $30 Million