Ethereum Watch

Advertisements In brief: Ethereum dropped to as low as $86 during the Coronavirus crash of March 2020 Ethereum has since posted a new all-time high of $1,919 – Binance rate – less than a year later This signifies a 22.3x increment in value or 2,130% in profits $2k is not that far away for Ethereum […]

Advertisements In brief: The daily trade volume of the CME Ethereum futures hits $75.8M 9 days after launch Open interest on the CME Ethereum futures has hit $62M These numbers point towards institutional demand for Ethereum trading products Grayscale has accumulated 194,522 ETH in the last 30 days further confirming institutional demand It has been […]

Advertisements Quick take: ETH held by the top 100 Ethereum whale exchange addresses has dropped to levels last seen 27 months ago The drop is inversely correlated with the price of Ethereum The number of Ethereum addresses holding 10k ETH or more has continued to increase Ethereum could be eyeing $2k very soon The amount […]

Advertisements In brief: Gene Simmons has revealed he bought $300k worth of Ethereum 4 months ago Mr. Simmons bought his bags of Ethereum on the Gemini exchange with the help of Tyler and Cameron Winkelvoss Gene Simmons probably bought Ethereum when it was below $400 His bags are possibly now worth 4.58x more, which is […]

Advertisements In brief: Ethereum has returned to bullish territory after the CME ETH Futures went live yesterday Ethereum’s bullishness is partly due to Tesla buying Bitcoin and the general crypto market excitement surrounding the event Technical analysis also points to another push up by Ethereum towards $2k Ethereum (ETH) CME futures contracts went live yesterday, […]

Advertisements In brief: Ethereum has entered what looks like a brief correction ETH’s previous all-time high of $1,480 will be an area of interest should the dip continue Ethereum traders are of the opinion that ETH will drop just like Bitcoin did when the CME BTC Futures went live on December 18th, 2017 However, institutions […]

Advertisements In brief: Ethereum miners have earned $3.5 Million in ETH in a single hour This amount is the highest in Ethereum’s history The Ethereum network is also experiencing high gas fees with an average transaction costing $12 High gas fees on Ethereum could cause an exodus by developers and users to other blockchain networks  […]

Advertisements Summary: Grayscale has added 24,796 ETH to its Ethereum Trust This translates to roughly $38 million in Ethereum Grayscale currently manages $27.5 Billion in digital assets The bullishness surrounding Ethereum has led to ETH futures open interest hitting an all-time high of$5.4B Yesterday, the Wall Street firm of Grayscale Investments purchased 24,796 ETH to […]

Advertisements Quick take: Ethereum has been consolidating around the $1,350 support zone for close to a week This area will be crucial during tonight’s weekly and monthly close Ethereum has a big month ahead with Grayscale opening its ETH fund to subscriptions The CME Group also launches its ETH futures on the 8th of February […]

Advertisements Quick take: Ethereum investors withdrew 659k ETH from crypto exchanges in One Hour on January 22nd This could be the largest net outflow of Ethereum from crypto exchanges in a 24 hour period Ethereum has reclaimed $1,300 and looks set to flip $1,350 into support once again Ethereum investors withdrew 659,000 ETH from crypto […]