Ethereum Watch

Advertisements Ethereum’s chances of hitting $5k by June currently stand at 6% ETH has continued to maintain the $2,700 price area, into options and futures expiry today There is also the monthly close ahead which should be ETH’s last hurdle towards new ATHs On a fundamental level, Ethereum’s market cap has exceeded Paypal’s and could […]

Advertisements Ethereum 2.0 deposit contract now holds 4.0412 million ETH This amount in Ethereum is worth roughly $10.8 Billion Continual deposits to the contract show long term commitment by Ethereum investors  Ethereum could suffer a short-term correction with the expiry of options this Friday Ethereum investors are continually sending funds to the ETH 2.0 deposit […]

Advertisements Ethereum is attempting to break away from the influence of Bitcoin in the crypto markets ETH’s one-month correlation with Bitcoin has dropped to 68% Ethereum’s $2,500 support remains strong after ETH set an all-time high of $2,716 – Binance rate $3k is the next logical target for Ethereum with the new month ahead The […]

Advertisements Tether’s CTO has explained that high fees on Ethereum pushed more USDT to the Tron blockchain USDT on Tron is firmly ahead of USDT issued on Ethereum Tether’s market cap has just exceeded $50 Billion According to Tether’s CTO, 2021 has been a good year for the stablecoin High gas costs on the Ethereum […]

Advertisements Volume and open interest of the CME Ethereum futures have hit all-time highs CME Ethereum futures volume has hit 5,469 contracts valued at roughly 273.5k ETH The open interest has hit 2,462 contracts, which is the equivalent of 123.1k ETH The data on CME Futures hints that institutions are bullish on Ethereum The CME […]

Advertisements Ethereum active addresses have hit an all-time high of 771k This milestone eclipses previous all-time highs set in November 2020 and January 2018 Unique Ethereum addresses also continue to grow, hitting a new high of 148.8 million The increased network activity points towards a bullish future for Ethereum EIP1559 implementation is also around the […]

Advertisements According to Rekt Capital, Ethereum hitting new ATHs will fuel the next phase of altseason Weiss Ratings concludes that Ethereum thriving will usher in an alt-season greater than 2017’s The premium on Grayscale’s Ethereum Trust has flipped back to positive However, Bitcoin’s recent dip to $47k has paused the continuation of altseason Bitcoin gaining […]

Advertisements The Ethereum network has settled $1.5 Trillion in transactions in the first quarter of 2021 This amount exceeds the last 7 quarters combined and the highest to date, in a quarter Ethereum could settle $6 Trillion by the end of 2021 According to Arthur Hayes, Ethereum is the most developed smart contract network in […]

Advertisements USDT active addresses have exceeded 6 million Half the amount is on Ethereum with the other half on Tron Tether’s market cap has exceeded $48B and still dominating the stablecoin market worth $75.4 Billion Tether’s growth has been organic based on the growth of the crypto markets and DeFi The number of USDT active […]

Advertisements Etheruem 2.0 staking is now live on Coinbase for users on the waitlist Canada recently approved 3 Ethereum based ETFs The weekend began on a high note, fundamentally, for Ethereum $2,300 will be the price area to watch during the weekly close This weekend has kicked off on a high note for Ethereum on […]