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Year: 2021

cryptocurrency January 21, 2021

High gas prices are a thorny subject for the Ethereum community. The issue gained widespread coverage during the summer of DeFi when demand and network usage were sky-high, resulting in less than palatable charges. Advertisements Ethereum Improvement Proposal (EIP) 1559 is touted as a solution to the problem, but it wasn’t clear whether it would […]

cryptocurrency January 20, 2021

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cryptocurrency January 20, 2021

Advertisements Quick take: Pantera Capital believes that the launch of the CME Ethereum futures legitimizes ETH to institutional investors Staking on Ethereum 2.0 provides less sell pressure for ETH Ethereum has kicked off 2021 on a bullish note that could continue throughout the year The launch of the CME Ethereum futures is less than three […]

cryptocurrency January 20, 2021

Ethereum traded as high as $1,437 before starting a downside correction against the US Dollar. ETH price is approaching a key support at $1,340 and $1,320. Advertisements Ethereum surged above $1,400 and traded towards the $1,440 zone. The price is currently correcting lower from $1,437, but it is well above the 100 hourly simple moving […]

cryptocurrency January 19, 2021

Advertisements Quick take: Deribit has just announced the addition of the ETH $20k strike to its December 2021 options contracts Such a strike price points towards a demand for such a product by Ethereum bulls Ethereum has just set a new all-time high of $1,438 and looks keen to keep moving up The crypto derivatives […]

cryptocurrency January 19, 2021

Advertisements A three-year hodl for Ether investors finally comes good as the largest altcoin surges into unknown territory on Tuesday. Ether (ETH), the largest altcoin by market cap, finally reached new all-time highs against the U.S. dollar on Jan. 19. ETH/USD 1-hour candle chart (Bitstamp). Source: Tradingview At the same time, Bitcoin futures open interest […]

cryptocurrency January 19, 2021

Ethereum is up over 10% and it broke the $1,250 resistance against the US Dollar. ETH price is trading above $1,300 and it is likely to accelerate further higher in the near term. Advertisements Ethereum is gaining momentum above the $1,250 and $1,280 resistance levels. The price is showing positive signs above $1,300 and the […]