Ethereum Watch

Advertisements Quick take: The Open interest on Ethereum futures has just set a new all-time high of $2.21 Billion Ethereum has since broken the $700 price ceiling and looks ready to capture $750 The CME Group will launch Ethereum futures in February and the event could provide fuel for an ETH rally Ethereum maintaining a […]

Advertisements Summary: Binance CEO, CZ, has pointed out that Ethereum’s market cap is bigger than that of Spotify, GM, Baidu, Ferrari and BMW The market cap of BNB is considerably smaller but bigger than Xerox Bitcoin’s market cap recently exceeded that of Visa Ethereum and BNB are two digital assets to watch moving forward due […]

Advertisements Quick summary: Ethereum 2.0 validators are currently earning 0.002792 ETH per day This is approximately $1.71 using an ETH value of $613 This translates to approximately 3.2% annual interest when compounded Ethereum has continued to trade above the $600 support zone Ethereum 2.0 validators are currently earning 0.002792 ETH per day. This is according […]

Advertisements Quick take:  The value of Ethereum staked on the ETH2.0 deposit contract has hit $1B in value There is 1.54 Million Ethereum staked on ETH2.0  Ethereum deposits to the contract seem to be entering a plateau phase If ETH2.0 was ranked as a DeFi project, it would be in the top 10 in terms […]

Advertisements Quick summary: The CME Group has announced that they will launch Ethereum futures on February 8th, 2021 The launch is pending regulatory review The Ethereum futures will be cash-settled Ethereum joins Bitcoin as the second digital asset with futures contracts handled by the CME Group Ethereum’s value has surged past $600 due to a […]

Advertisements Quick take: The Grayscale Ethereum Trust (ETHE) has had a fruitful Q4 by gaining 274% October 1st found ETHE trading at $39 The share price is now at $146 with a possible correction in the days to follow Grayscale continues to accumulate Ethereum with approximately $1.73 billion under management The share price of Grayscale’s […]

Advertisements Quick take: The number of non-zero addresses on both the Ethereum and Bitcoin network is continually increasing Both have hit an all-time high of 50.651M for ETH and 32.925M for Bitcoin Such activity on both networks is a clear sign of investor interest as well as the adoption of each digital asset Price appreciation […]

Advertisements Quick take: 10.7% of Ethereum 2.0 validator deposits are from Kraken Coinbase and Bitfinex hold 5.8x more Ethereum than Kraken 2 crypto exchange could control 1/3 of the validators, 5 exchanges could control 1/2 of the validators 1.436 Million ETH is locked in the deposit contract with more being sent daily 10.7% of the […]

Advertisements Quick summary: Total Value Locked in DeFi recently breached $15B before dipping back to$14B levels The current total value locked stands at $14.66 Billion DeFi’s total value locked has a chance at breaching $20B before year’s end DeFi tokens are also posting impressive triple-digit gains and high trade volume The total value locked in […]

Advertisements In summary: Grayscale Investments has accumulated 388,714 ETH in 30 days This is the equivalent of $215.7 Million using an Ethereum value of $555 Grayscale’s Ethereum trust now has $1.61 Billion in Ethereum holdings ETH2.0 staking might be one reason for the accumulation Staking might be a good way to utilize all that Ethereum […]