Ethereum Price Hits 2-Year High as ETH Futures Open Interest Tops $1.5B

Today the price of Ethereum’s Ether (ETH) hit a two-year high according to data from crypto trading terminal Crryptowatch. Despite the breakout to $445, open interest on ETH futures remains steady at a new record high of $1.5 billion.

ETH-USD 4-hour chart. Source: TradingView.

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Price Analysis 8/14: BTC, ETH, XRP, LINK, BCH, BSV, LTC, ADA, BNB, CRO

Data from Grayscale Investments shows that the firm’s assets under management soared from about $1.9 billion at the end of 2019 to over $3.5 billion by the end of June 30, 2020. 
The correction in the U.S. dollar (DXY) and the possibility of further weakness due to continued money printing by the U.

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Will Bitcoin Break $12,000? 4 Things to Know Heading Into the Weekend

Bitcoin yet to clear $12,000 hurdle

Ethereum Gas prices skyrocket

Small-cap cryptos shine

Watch the Bitcoin and gold correlation

This week, the Bitcoin and cryptocurrency market roared into Monday like a lion only to end the week more like a lamb.

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Vitalik Buterin Says He Never Tried Yield Farming, Suggests to Evaluate Risks First

Vitalik Buterin said he did not personally engage in any yield farming for tokens on decentralized finance.
In a tweet published on Friday, the Ethereum co-founder explained that his only major interaction with yield-bearing DeFi protocols was putting “a few coins into Uniswap a long time ago.

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Ethereum Sidesteps FUD Regarding ETH Fees, Breaks $400 Price Ceiling – Ethereum World News

Quick take:

ETH fees on the Ethereum network have continued to skyrocket.
Yield Farming on DeFi platforms is one reason ETH fees are high.
Some users of Ethereum believe such high fees are unsustainable.
Ethereum (ETH) has however sidestepped the fud and broken the $400 price ceiling.

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Ethereum Sidesteps FUD Regarding ETH Fees, Breaks $400 Price Ceiling – Ethereum World News

Quick take:

ETH fees on the Ethereum network have continued to skyrocket.
Yield Farming on DeFi platforms is one reason ETH fees are high.
Some users of Ethereum believe such high fees are unsustainable.
Ethereum (ETH) has however sidestepped the fud and broken the $400 price ceiling.

Read more

Dharma Offers Uniswap With No Fees. Too Good to Be true? – BeInCrypto

As Ethereum gas prices continue to skyrocket, a few companies have offered solutions to the high fees on Decentralized Exchanges. Dharma wallet claims to make Uniswap trades for free.

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