Ethereum Watch

Advertisements Traders bought $720 December call options as Ethereum price rallied 17% this week, but what’s the likelihood of ETH rallying another 160%? Since the start of the week Ether (ETH) has gained more than 17% and the gains appear to be connected to increasing stablecoin use and the rise of DeFi applications.  As reported […]

Advertisements Quick take: For 3 days, before ETH broke $250, whales moved 700,000 Ethereum.  The move could signal a pending top for ETH and whales are orchestrating an exit. Ethereum (ETH) opened the week at a value of $234 and was trading below $250 until yesterday when news broke that US banks can now offer […]

The number of active Ethereum addresses rose by 100 percent in 2020, according to data fetched by Messari. The volume picked momentum on signs of growth within the decentralized finance sector (DeFi). Meanwhile, the ETH/USD exchange rate also grew higher, breaking above $250 for the first time since February 2020. Ethereum addresses that either send […]

Advertisements The bridge integration will make the stablecoin available on the Syscoin blockchain for the first time. Major cryptocurrency exchange Binance plans to use a bridge between the Syscoin and Ethereum blockchains to move its Binance USD (BUSD) stablecoin between them. The bridge developed by Blockchain Foundry — the firm powering the Syscoin blockchain — […]

Advertisements Quick take: The OCC has formally given the green light for US banks to offer crypto custody solutions for their customers. Bitcoin (BTC) and Ethereum (ETH) have rallied as a result. US Banks being allowed to offer crypto custody is bullish for they will provide faster fiat onramps. Bitcoin and Ethereum have reacted positively […]

Advertisements It was only a matter of time before Ethereum finally woke up. Today, the world’s second-largest digital asset has made a significant move, but what is really driving the momentum for ETH? Over the past few hours, Ethereum prices have cranked to levels not seen for five months. It has yet to revisit the […]