Ethereum Watch

Advertisements Ethereum dipped from $3.8k to a local low of $3.1k after speculation rose of Tesla selling its Bitcoin However, ETH inflows to exchanges are yet to increase with the recent dip Ethereum holders are still bullish on the long term value of ETH Confidence in the markets is making a comeback after Elon Musk […]

Advertisements Timothy Peterson has forecasted that Ethereum could close the month of May at a value of between $3,500 and $6,200 His analysis is based on ETH’s seasonal trend of performing well in the first half of the year $4.6k is a possible mid-point value for the monthly close with the higher range of $6.2k […]

Advertisements The number of Ethereum addresses holding at least 1 ETH has hit a new all-time high of 1,224,176 The Ethereum Network witnessed its highest daily address activity after posting its most recent all-time high of $4,205 ETH’s price is backed by fundamentals such as high network activity $3,650 is the Ethereum support level to […]

Advertisements Ethereum is threatening traditional finance in a manner similar to how Bitcoin is edging out Gold as a store of value Ethereum is the go-to platform for the digitization of finance One ETH is more accessible to investors in terms of price when compared to Bitcoin Ethereum’s bullishness is mimicking 2017 where ETH rose […]

Advertisements Ethereum has a 19% chance of hitting $6k by the end of 2021 Demand for Ethereum has led VanEck to apply for an ETH ETF with the SEC Ethereum markets have had record activity this week with OI on Futures hitting $10 Billion Ethereum on exchanges continue to drop and could signal a new […]

Advertisements Ethereum deposited in smart contracts has reached 22.8% of its circulating supply Ethereum on crypto exchanges has dropped to 12% of the circulating supply 2021 has seen 10 events where over 200k ETH is withdrawn from exchanges in a day Ethereum has set a new all-time high of $3,605 – Binance rate The trend […]

Advertisements Ethereum’s bullish momentum could lead to a new round of growth to $4.5k – $5k However, a pullback to $2.9k or $3k might happen first before a second phase of growth by Ethereum Ethereum usually outperforms Bitcoin in the month of May increasing the chances of additional growth The second most valuable digital asset […]

Advertisements Ethereum’s top 10 non-exchange whale addresses have doubled their holdings in the last 8 months At the same time, the ETH holdings of the top 10 exchange whales have halved in 7 months Value locked on DeFi using Ethereum has doubled in the last 3 months All these events and data point towards a […]

Advertisements Mark Cuban believes Ethereum smart contracts are better at delivering digital items than alternatives available He concludes that DeFi on Ethereum is better in delivering financial instruments than banks Smart contracts used in DeFi allow transactions to be automated, trustless and almost instant The owner of the Dallas Mavericks and Shark Tank investor, Mark […]

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 […]