Ethereum Watch

Advertisements Ethereum has broken past the $3k price ceiling setting an ATH of $3,204 – Binance rate Ethereum’s NVT ratios indicate that price growth is supported by high transaction volumes ETH has now exceeded Walt Disney and Bank of America in terms of market capitalization Ethereum maintaining the $3k support will be essential for further […]

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 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 Quick take: Ethereum has had 5 consecutive quarters since Q1 2020 Ethereum’s Q2 2021 has kicked off on a high note with $2k being broken Ethereum’s on-chain transaction volume has also increased since $2k $2k, $1,900 and $1,800 will be the Ethereum levels to watch during today’s weekly close The digital asset of Ethereum […]

Advertisements In summary: Timothy Peterson has forecasted that Ethereum will continue to outperform Bitcoin in the short-term He also forecasted that Ethereum could hit $4k in Q2 Ethereum just hit a new all-time high of $2,146 – Binance rate  A consolidation above $2k is bullish for Ethereum and will provide a springboard for a push […]

Advertisements In brief: Ethereum reserves on crypto exchanges continue to drop Ethereum is on a path towards setting a new all-time high with the new month ETH confidently breaking $2k will open the doors to $2,500 The amount of Etheruem on crypto exchanges continues to hit new lows as investors continually withdraw their ETH holdings. […]

Advertisements Summary: Ethereum reserves on crypto exchanges have hit a 2 year low Ethereum continues to be locked in DeFi and the ETH 2.0 deposit contract NFT marketplaces are also pushing up the demand of ETH outside crypto exchanges The institutional accumulation of ETH is evident with Grayscale adding 47,895 Ethereum in the last 30 […]

Advertisements Summary: The Ethereum network has seen a rise in daily active addresses Such an increment in network activity points towards Ethereum retesting $2k Ethereum balances on crypto exchanges continue to decrease Ethereum is probably being diverted to DeFi, NFTs, Cold Storage and ETH 2.0 Staking Only a weak Bitcoin will delay Ethereum from retesting […]

Advertisements In summary: Ethereum 2.0 deposit contract now holds 3.493 Million ETH worth roughly $6.568 Billion The value of these deposits will continue to increase as Ethereum charts a course above $2k The Ethereum community is ready to transition into a Proof-of-Stake algorithm The amount of Ethereum deposited to the ETH 2.0 contract has hit […]

Advertisements Quick take: Ethereum’s EIP-1559 is scheduled for implementation this July during the London hardfork EIP-1559 includes the implementation of a BASEFEE that will be burnt with each transaction Burning of the BASEFEE makes Ethereum a deflationary asset EIP-1559 coupled with incoming $1,400 stimulus checks, could send Ethereum back above $2k Ethereum’s EIP-1559 is scheduled […]