The total value locked in 1inch is closing in on $1 billion, and the decentralized exchange aggregator has processed nearly $6 billion this month. This week the total value locked in decentralized finance platforms reached a new high at $26.2 billion, and this record high was achieved even as Bitcoin (BTC) price appeared to be…
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Substantial spot volume, a favorable futures premium, and top traders buying the dip are all signals that Ethereum price should see continuation. After dropping 27% over three days, Ether (ETH) price finally reached a bottom at $1,040 on Jan. 22. The sharp correction liquidated $600 billion worth of future contracts but interestingly, Ether price rebounded…
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In the past month Near Protocol (NEAR) rallied 106% as the DeFi market captured the attention of new investors. Near Protocol (NEAR) is a smart contract platform that uses parallel processing to scale the network. This technique, known as sharding, resembles what Eth2 is aiming to achieve and Near’s proof-of-stake consensus mechanism also allows token…
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Aave’s rising total value locked, improving fundamentals and renewed interest in DeFi tokens triggered a double-digit rally in AAVE price. As the crypto bull market continues to gain traction, the price of Aave’s native token, (AAVE), is pushing toward new all-time highs. The growth of the decentralized lending platform appears to be bolstered by improving…
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Ethereum options data show traders anticipate a continued surge to $880 over the next four weeks. Ether (ETH) price has gained 88% since November, astonishing even the most bullish investors as the top altcoin secured a 2020 high at $750. Aside from the upcoming CME ETH futures launch scheduled for Feb. 8, the phenomenal growth…
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Eth2 already ranks as the fourth-largest staking network by TVL despite launching six weeks ago and with withdrawals still yet to be enabled. Ethereum 2.0 has already emerged as the fourth-largest proof-of-stake network by total value locked in staking within roughly six weeks of the Eth2 deposit contract going live. Despite withdrawal functionality not yet…
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New partnerships, network upgrades, and a surge in DeFi activity sent Zilliqa price on a strong month-long rally. In the past month, Bitcoin (BTC) and Ether (ETH) basked in the limelight as each rallied to new yearly highs. Investors tend to focus their energy on the larger cap altcoins, which leads to smaller cap coins…
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The new Ethereum 2.0 roadmap review: What updates have been added, and how soon can they be implemented? On Dec. 2, shortly after the long-awaited release of Ethereum 2.0, platform founder Vitalik Buterin announced an updated roadmap. At first glance, it does not differ much from the previous version from March. However, it brought some…
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Blockchain interoperability has been a long-time dream for the Ethereum network, and ConsenSys eyes the latest release to deliver it. Enterprise blockchain applications are slowly but surely making their way to public networks, especially as new upgrades and features are being implemented into the Ethereum ecosystem. While Eth2 promises to bring scalability, security and capacity…
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The split will take effect on Dec. 17. Digital asset manager Grayscale has announced a share split for its Ethereum Trust — a move that could make the fund more attractive to individual investors. In an official press release, Grayscale announced Wednesday that the split will be implemented on Dec. 17, with shareholders of record…
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