Quick take: Ethereum’s adjusted transfer of value (7-day average) has exceeded that of Bitcoin ETH accomplished this feat on the 6th of September and has continued to increase its lead The Ethereum network continues to process...
Quick take: Ethereum’s correlation to Bitcoin had dropped to as low as 0.42 in late November Such levels were last seen in 2018 Ethereum’s correlation to Bitcoin has since increased to 0.75 This is an increment...
In four days’ time, Ethereum, the second-largest blockchain by its cryptocurrency market’s capitalization (the first being Bitcoin), will see what is known as the “Istanbul” hard fork. The hard fork, which will implement upgrades to the...
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...
Summary: Crypto exchange Bitfinex has launched Chain Split Tokens for ETH users. The feature was announced as the Merge is a few weeks away. Chain Split Tokens would allow users to trade possible tokens from a...
In brief: The DeversiFi Exchange is now live. It utilizes the ZK-Rollup Layer 2 Scalability Solution on Ethereum. It can handle 9,000 transactions per second and more. Traders can trade directly from the ETH Wallets such...
Quick take: Tether’s (USDT) market cap has increased by 44.9% since the beginning of 2021 hitting $30.33 Billion Demand for stablecoins has increased as traders look for fiat onramps Furthermore, DeFi on both Tron and Ethereum...
Summary: Ethereum stakers have locked up over 2 million tokens so far in May alone, setting a new all-time high. Dune analytics data showed that daily ETH withdrawals have also slowed down after Kraken’s massive unlocks....
In brief: Ethereum turning 5 years old has had a bullish effect on the price of ETH. Ethereum has bulldozed past several resistance levels including $320. At its current momentum, ETH could retest the 2019 high...
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...
Ethereum has been incurring significant upwards momentum over the past several days and weeks, with its price surging from its recent lows of roughly $165 to highs of $215, which is the level at which it...
San Francisco Open Exchange (SFOX), an institutional digital asset exchange, argued that Ethereum’s native token, Ether (ETH) may no longer be considered just another altcoin. SFOX’s institution-grade crypto insights and analyses report covered the latest commentary...