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Ethereum Breaks Past $1000, Triggering a Spike in ETH Gas Prices

Ethereum Breaks Past $1000, Triggering a Spike in ETH Gas Prices

Ethereum has surged past $1000, following Bitcoin’s footsteps to wrap up 2020 nicely.

Crypto Trends: Weekly Inflows and Outflows in Altcoins, North American Markets, and Investment Products

Crypto Trends: Weekly Inflows and Outflows in Altcoins, North American Markets, and Investment Products

Altcoins saw $3M in weekly inflows; North America had $11B outflows. Digital asset products had minor withdrawals of $21M, with Bitcoin trading at $16B.

Non-Zero ETH Addresses Hit ATH, Ethereum Overtooks Visa in Trading Volume in 2021

Non-Zero ETH Addresses Hit ATH, Ethereum Overtooks Visa in Trading Volume in 2021

Despite the crypto market limping based on massive liquidations, more participants continue joining the Ethereum network.

Has the DeFi Bubble Burst? Top DeFi Tokens Crash by 50%

Has the DeFi Bubble Burst? Top DeFi Tokens Crash by 50%

The decentralized finance (DeFi) industry appears to be crashing, with DeFi tokens plummeting and dropping by 50% and more over the past seven days.

Circle Launches Cross-Chain Transfer Protocol for USDC

Circle Launches Cross-Chain Transfer Protocol for USDC

Circle has released a mainnet protocol allowing users to transfer USDC between Ethereum and Avalanche. The Cross-Chain Transfer Protocol (CCTP) eliminates the need for USDC bridges and aims to reduce fragmentation in the Web3 ecosystem.

Ethereum’s Sentiment on Twitter Becomes Extremely Positive as DeFi’s Value Tops $80B

Ethereum’s Sentiment on Twitter Becomes Extremely Positive as DeFi’s Value Tops $80B

The Ethereum (ETH) network has been experiencing an uptick in activities and this made crowd sentiment on Twitter extremely positive, as disclosed by Data analytic firm IntoTheBlock.

Total ETH Burned Tops the 2M Token Benchmark Worth Over $5B

Total ETH Burned Tops the 2M Token Benchmark Worth Over $5B

Since the London Hardfork went live in August last year, the Ethereum network and its underlying token have been operating as a deflationary protocol.

Ethereum Settled Transactions Worth $1.5 Trillion in Q1 of 2021

Ethereum Settled Transactions Worth $1.5 Trillion in Q1 of 2021

The Ethereum network settled more transactions in the first quarter of 2021 than it did in 2020.

BOCI and UBS Partner to Issue First Tokenized Security in Hong Kong

BOCI and UBS Partner to Issue First Tokenized Security in Hong Kong

BOCI, a leading Chinese financial institution, has issued the first tokenized security in Hong Kong, reaching a milestone in digital finance.

Uniswap’s UNI Becomes a Top 10 DeFi Token After a Day, Driving Ethereum Transaction Fees to an All-Time High

Uniswap’s UNI Becomes a Top 10 DeFi Token After a Day, Driving Ethereum Transaction Fees to an All-Time High

Uniswap recently launched its own governance token UNI, and since its launch, Ethereum’s transaction fees have reached new highs.

Ethereum Classic Receives $10m Capital Boost from AntPool

Ethereum Classic Receives $10m Capital Boost from AntPool

Layer-1 blockchain protocol, Ethereum Classic has received a new $10 million capital boost for its ecosystem as announced by AntPool, the mining pool offshoot of Bitmain.

June 1: Sell in May Postponed to Sell in June?

June 1: Sell in May Postponed to Sell in June?

For the past few weeks, there have been quite a bit of talk/shill/promoting of ETH and I think largely driven by a combination of factors that I've described earlier (i.e. growing daily active addresses, more than 60 bil gas being used, $7bn in stablecoins and Greyscale's ETH demand). Other protocol tokens such as Cardano, Zilliqa and NEO also followed the ETH move, albeit less exaggerated.

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