The buzz surrounding Ethereum’s burgeoning ecosystem has been well documented with year to date performance of 154% outpacing bitcoin’s 44%.

UniLogin, an Ethereum onboarding solution and wallet, is shutting down due to high gas fees, an inability to scale, and browser issues. DeFi has been the main culprit behind rising transaction fees and the ultimate reason for the project’s death.

Vitalik Buterin expressed his excitement about how several projects in the Defi family are proactively contributing to support public goods in the Ethereum ecosystem. He also hoped that the support would continue in future rounds.

Ethereum (ETH/USD) continued to trade sideways early in today’s North American session as the pair appreciated to the 344.52 area after trading as low as the 335.57 area during the European session, right around the 50% retracement of the recent appreciation from 310.79 to 360.61. Thereafter, ETH/USD has orbited the 341.58 area, representing the 38.2% retracement of the same appreciating range. Some larger Stops were recently elected below the 366.31 area, a level that represents the 38.2% retracement of the recent depreciating range from 384.61 to 355.00. Chartists are observing that the 200-bar 4-hourly simple moving average has bearishly crossed above the 100-bar 4-hourly simple moving average and 50-bar 4-hourly simple moving average. Stops were recently elected above the 387.15 area during the move higher, representing the 61.8% retracement of the recent depreciating range from 394.55 to 375.19, and the next upside retracement level in this range is the 389.98 area. Traders recently took the pair as high as the 394.55 area, and selling pressure prevented a test of the 399.87 area, representing the 50% retracement of the recent depreciating range from 488.95 to 310.79. The next upside retracement levels in this range include the 420.89 and 446.90 areas. The 328.78, 319.75, and 311.90 areas are important technical areas that traders are monitoring, as are the 302.20, 293.56, 289.64, 285.23, and 279.77 levels.

Ethereum Community Conference that took place in the month of March 2020 in Paris was meant to focus on technology, education and showcasing the changes in technology. This event was organized for three times by Ethereum France for a cost.

Two of the biggest Bitcoin buyers are facing off on Twitter. MicroStrategy CEO Michael Saylor tweeted on Tuesday that his firm has completed its purchase of a whopping 21,454 BTC, or 0.1% of the total supply.

Like its counterpart of Bitcoin, Ethereum has a record-breaking 460,000 ETH options expiring this Friday, September 25th. This number of Ethereum options has been captured in the following chart courtesy of Skew Analytics.

The Medalla testenet for Ethereum 2.0 is still chugging along, but not all validators that have contributed to it are confident about staking on the real thing wh...

The crypto market saw a significant correction today and Ether (ETH) price did not escape the carnage. In the last 24 hours, the top altcoin recorded a 12% drop as the price fell to $331. In the same period, Bitcoin (BTC) price slipped by 6.3% to find support near $10,300.

Ethereum has been on an unstoppable breakdown following yet another rejection from levels around $390. While several support zones, including $380, $360 and $340 failed to hold during the downtrend, the smart contracts giant token has embraced support at $310. This is the second time Ether is trading lows of $310 in September. A shallow recovery has already ensued, with the cryptoasset exchanging hands at $324.

After a failed attempt to clear the $400 resistance zone, Ethereum price started a fresh decline against the US Dollar. ETH price broke a couple of key support near the $375 level to move into a bearish zone.

Uniswap stole the show this week when it announced it was launching UNI, its very own governance token. A total of 1 billion tokens will exist, and anyone who has ever used the platform can claim 400 of them.

Ethereum cofounder Vitalik Buterin believes that prediction dapps are among the most underestimated of ETH-based applications, such as Omen and Augur v2

Ethereum is down 0.02% ($0.07) since the last 4 hour candle, marking a reversal from the candle prior — and the end of a 3 four-hour candle positive run. Relative to other instruments in the Top Cryptos asset class, Ethereum ranked 2nd since the last 4 hour candle in terms of percentage price change.

Decentralized finance (DeFi) protocols are racing to implement Layer 2 scaling solutions as Ethereum gas fees skyrocket and the network struggles under the demand.

In an earlier analysis, it was highlighted that 15% of Ethereum’s supply is locked in smart contracts. This fact has further been explored by the team at Glassnode through their recent weekly on-chain report on the state of the crypto-verse.

In the past few sessions, Ethereum saw a steady decline from the $395 zone. ETH price broke the key $380 support level and settled below the 100 hourly simple moving average.

Years ago when the Bitcoin network started suffering from higher fees and congestion, a number of bitcoiners advocated the use of sidechains in order to relieve the main chain’s duties. However, they didn’t realize that the Ethereum network would solidify its role as Bitcoin’s main sidechain during the last year.

As decentralized finance (DeFi) balloons to a roughly $10 billion market, infrastructure builders are coming up with ways to reduce the associated risks.

Last week, Uniswap launched its UNI token and set the crypto market ablaze with renewed interest in the DeFi project. The 400 free tokens essentially acted as a stimulus check, and as investors rushed to cash their “checks,” it brought Ethereum fees sky-high to a record nearly $1 million in a single hour.