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 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 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 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 […]

Advertisements Compound (COMP) finance becomes the first DeFi project to exceed $10 Billion in total value locked $51.8 Billion is currently locked on Ethereum based DeFi projects The allure of yield farming has resulted in a drop in the amount of Ethereum sitting in crypto exchanges Over $22 Billion in Ethereum is locked in the […]

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 […]