Ethereum Watch

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’s development activity and submission rate on Github is at its highest level in 2021 This increment coincides with Ethereum trading back above $1,700 However, social sentiment towards ETH remains bearish but could signal the beginning of a new trend up as the new month approaches The digital asset of Ethereum has […]

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 In brief: Yesterday’s market sell-off saw Ethereum dip from $1,900 to $700 in a few hours This is a massive 63% dip Ethereum soon recovered to the $1,800 price area and is currently trading at $1,400 The dip highlights a possible future for Ethereum as Dapps and users migrate to less costly blockchains such […]

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: 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 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 Summary: ETH and Stablecoins running on Ethereum settled over $1.6 Trillion in 2020 The three major stablecoins driving transaction volume on Ethereum are Tether (USDT), USDC and DAI Stablecoins are a bridge between traditional finance and crypto markets ETH, together with stablecoins running on the Ethereum network settled over $1.6 Trillion in transactions last […]

Advertisements Quick take: Ethereum whales holding 10,000+ ETH increased from 1,211 to 1,225  The increment was experienced after Ethereum hit a new all-time high However, smaller Ethereum addresses have taken profits Ethereum is still above $1,200 despite Bitcoin suffering a minor dump The number of Ethereum whales holding 10,000 or more ETH increased by 14 […]