Ethereum
"Ethereum is About Six Months Away from Proof-of-Stake:" Preston Van Loon
In today’s episode, we interview Preston Van Loon. Preston co-founded Prysmatic Labs, one of the main teams building Ethereum 2.0, and has been leading that team for the past three years. On top of that, he recently founded a DeFi project which bundles the entire crypto market cap in one token to allow anyone to easily buy something…
ETH Hovers Around $4k as Traders Prepare for a Pull-Back
Ethereum’s cryptocurrency has shot up, almost doubling in price in one month and piercing through a record $4,000 on Monday. But some traders are preparing for a pull-back. Short interest is at the highest since the depths of the bear market, while options traders are buying contracts to protect against a drop. ETH has been…
Here's What's Driving the Price of ETH
Queue your rocket emojis, because ETH is flying. ETH broke through the $3k milestone on Sunday and reached a new all-time high above $3,300 on Monday with its market cap just under $3.8B. Now, some DeFi community members are saying that ETH at $10k is on the horizon. But ETH’s massive price surge hasn’t been…
DeFi Users Explode as ETH Makes New Highs
ETH is breaking new all-time highs of just under $2,800 on Thursday, and the breathtaking rally from $200 a year ago is coming with a boom in users. MetaMask said it has surpassed the 5M monthly active users milestone, while a popular Dune Analytics dashboard shows DeFi users just recently climbed above 2M for the…
European Investment Bank’s Blockchain Bond Pushes ETH to New Highs
European Investment Bank (EIB), the publicly owned lending arm of the European Union, sold a 100M euro bonds registered on the Ethereum blockchain. This marks the EIB’s first blockchain bond sale. The 2-year digital bonds will be registered in the Ethereum blockchain after pricing on Tuesday, and will have a zero percent coupon, as reported…
ETH Roller-Coaster Week Frays Nerves as Fundamentals Strengthen
It’s been a wild week for the DeFi traders, with ETH experiencing a mini bear-bull cycle over the course of just a few days. After reaching a then all-time high above $2,500 last week after Coinbase was listed, ETH took a dive over the weekend hitting lows just above $2,050. But this week, ETH has…
Ether Locked in DeFi at All-Time High After Market Crash
An all-time high of 11.2M Ether is locked in DeFi protocols, despite a weekend sell-off. Liquidations spiked, while tokens continue sliding. Locked Ether’s resilience may show that DeFi participants do not consider the recent drop in price to signal a long-term trend and thus are not unlocking their ETH in order to sell. Borrowers may also…
Low-ish Ethereum Gas Fees Point to Flashbots Adoption
As ETH reaches new highs and the larger DeFi market booms, average gas prices have remained surprisingly stable throughout April––and that may be all thanks to one project working at the very core of the chain. Flashbots Alpha is a proof-of-concept communication channel between traders and miners that allows formerly inefficient on-chain bidding wars to…
It's "Up Only" For ETH and DeFi
Ether and the most popular DeFi metrics are all smashing through new records. Ether continues to push higher, hitting a record of $2487 earlier today, according to CoinGecko. Rising ETH prices is pushing total value locked in DeFi to a new high in dollar terms of $55.9B. ETH locked in DeFi hit an all-time high…
Ethereum Berlin Upgrade Ships Tomorrow Aiming to Reduce Gas Costs
The Ethereum Berlin hard fork ships tomorrow. The upgrade contains four Ethereum improvement proposals (EIPs) mainly aimed at optimizing gas costs, and is the first of its kind since Muir Glacier shipped on Jan. 2 2020. “Hard forks” are a result of distributed networks like Ethereum upgrading or making changes in their software. Node operators…
