The latest Ethereum news show that the ETH cryptocurrency is at new record lows when it comes to its volatility. In fact, Ethereum's volatility is at multi year lows now and the downtrend which has been here since early November has resulted in the price of this altcoin to face an ongoing period of sideways trading. However, analysts are now wondering if this low volatility could result in a spark soon.The lack of volatility has impacted Ethereum before, during and after its Istanbul hard fork. At press time, we can witness the lowest 60-day volatility levels since 2016, signalling that a massive movement is imminent at this time.In more detail, we can see that Ethereum's volatility comes in time when ETH is trading down just under 1% at its current price of $144.55, marking a slight decline from its daily highs of just over $146.Over the past week, we could see that ETH has been ranging within the mid-$140 region and finding strong support at roughly $140 as well as strong resistance at $150. This trading range is what has been growing tighter in recent times as ETH has been stuck between $142 and $145 for the past few days. Currently, Ethereum's volatility shows fewer signs of any major trend shift being imminent in the near term.The sideways trading has come about concurrently with a major drop in the 60-day volatility for ETH, which is right now at multi-year lows. Analysts at CoinMetrics (a blockchain research firm) were in the crypto news for noting that this could mean a big price movement is imminent.

“With $ETH’s 60d volatility falling to levels not experienced since 2016 are we finally due for some price action? Or just more of the same,” they said when pointing to the price chart seen below.

https://twitter.com/coinmetrics/status/1205572020504858624Now, it is highly probable that any ETH movement will still remain dependent on Bitcoin as BTC has been a strong guiding force over major altcoins in recent times. Even though it remains unclear as to whether or not Ethereum's volatilty could translate to a massive movement, opinions are split.The co-founder of Ethereum, Joseph Lubin, recently spoke about the strength that the cryptocurrency has. As he said in a tweet:

“Over 20M total #Ethereum accounts were created in 2019. Over $650M USD is currently locked in #DeFi. Over 4.5M $ETH was issued this year from block rewards. The @ethereum machine just keeps chugging!”

https://twitter.com/ethereumJoseph/status/1205567272393293824

The latest cryptocurrency news can confirm that the future of finance is evolving. A couple of days ago, we wrote about how the Ethereum DeFi space is revolutionizing things and why it is important right now. As we can see now, one forecast sees this industry hitting $5 billion by 2020 and rising higher with even bigger and bolder predictions in the long term.For those of you who don't know, DeFi refers to decentralized finance which is essentially a system that offers a unique way to earn interest on digital assets without any middleman taking a cut. With the traditional banking system being on the verge of a collapse, interest rates go into negative territory and savers are getting more punished on a wider scale.This is how DeFi acts as a solution (and why one forecast sees it bigger in years to come) - acting as a deposit in Ethereum or a stablecoin which can earn impressive interest rates on some platforms. This week, reports showed us that new records have been set for the amount of ETH that is locked up in DeFi.According to Defipulse.com, the amount of ETH locked in DeFi is at an all time high of over 2.7 million. The Ethereum news today also show that these numbers will grow and are growing as we speak.What's hot right now is one forecast by the industry advisers Blockchain Capital, which predicts that DeFi will continue to grow in 2020 and could be worth $5 billion. On a not so positive note, the report added that the fledging industry could come under the scrutiny of many regulators as it currently does not require any KYC or AML procedures.https://twitter.com/blockchaincap/status/1205249223857278976From all this, we can safely conclude that next year is likely to blossom in terms of DeFi adoption and the entire ecosystem. According to a recent blog post on DeFiPulse, privacy and anonymity solutions using zero knowledge are very keen to improve next year as further development on the Ethereum network proceeds.Aside from this one forecast predicting big things in the DeFi space, other reports show that decentralized exchanges are also very likely to grow next year. The efficient non-custodial financial tools will certainly continue to attract more traders away from the centralized profit-driven exchanges.

The Ethereum today's news show that the price of the cryptocurrency is still unstable and may target new low in the coming days and weeks. It has been another miserable week as the Ethereum price targets lows and updates show that the opposing trend comes with continued growth in the sector.Deep in a two year bear market, the ETH cryptocurrency has displayed little effort to pull itself out of its solid fundamentals. The market cap of the leading altcoin has also dumped to a $15 billion which is far from its highs of $100 billion in early 2018.A 4% dump on the day has also seen new Ethereum price targets, now being set to $140 as the cryptocurrency corrected. Aside from the brief dip on November 25, the asset has not been this weak since late March which was nine months ago.As data from CoinMarketCap shows, ETH plunged below $140 a couple of hours ago and is still deep in bearish territory with prices making lower lows on a regular basis now. In the cryptocurrency news today, ETH is at $142 and has improved but overall, the dip is still measuring around 3%.Ethereum is now a lot close to its prices at the beginning of the year and has wiped off all of the gains in a massive 60% correction over the past six months. This is why the Ethereum price targets new lows and from a technical standpoint, the cryptocurrency has successfully rolled out the Istanbul upgrade which opens the doors to Serenity to begin.Despite the Istanbul hard fork, we don't see much of a movement and ETH is trapped in a downward momentum. The DeFi marketplace continues to grow - Defipulse.com shows that new records have been made again with the total value of ETH locked in DeFi now being at 4.6 million.The Ethereum price targets new lows because of several reasons. The biggest and most important one of them is the fact that the entire market is being dragged downwards. As DeFi grows, more ETH will be used and locked in to interest earning platforms as opposed to the amount of it being traded on open markets. As reports show, this overtime will decrease the volatility and increase the value of the token. 

Ethereum Google search trends hit record lows following the major reduction in the past few months with less attention than ever before as we are reading further in the ETH news.Ethereum (ETH) is still the second-largest cryptocurrency by market cap and is going through some interesting price fluctuations as of late. The Trustnodes report shows that the project has seen the lowest number of Google searches in years. It was more popular as far as 2016 when the price was only $20. The results from Google Trends show that the coin is reaching some stability with 4 out of 100 searches and there is a slight drop below this level back in October 2019 when Ethereum Google Search Trends dropped to 3/100. Compared with the other projects, there was a minimum of 8/100 searches throughout June 2016 while the number of searches in May 2016 was only 5.These figures are only based in the US but the worldwide figures are not better either. The recent report shows that the interest in Ethereum stands at about 6 out of 100 which is lower than a few months ago when there were about 7 to 8 out of 100 searches this year in June. This leads to some interesting conclusions and the US is only interested in Ethereum for a few months in 2016 but the interest and its dramatic dropping have no apparent reasons so far. One of them could be the lack of awareness where the searches are now performed by those who research the project or the following updates about it.Ethereum has been facing a number of issues due to the recent Istanbul hard fork and some of the reports claim that the changes in SSTORE caused millions of Dapps to fail. The failure rates were more than quadrupled which is not good news for the project. When it comes to Bitcoin, the coin seems to be having a linear progression and now Bitcoin has around 10 out of 100 searches. The interest in BTC is growing in some African countries as well especially in Nigeria while in China does not seem to care about BTC at all.In conclusion, it seems that the interest in crypto is decreasing in the West mainly as the year draws to a close and a lot of Ethereum update postponements in 2019 drained the investors’ confidence in the project.