Tag: ethereum (eth) news

Quick take: Ethereum whales holding 10k or more ETH increased in number by 32 in 30 days The total number of addresses in this category has also reached a 13-month high ETH balances on exchanges continue to drop and are at a 13-month low All these fundamentals point towards a bullish future for Ethereum as it continues to trade above $1,200 The number...

Quick take: SushiSwap whales holding over 100k SUSHI have increased by over 74% in 2 weeks SUSHI's value has more than doubled since the beginning of the year SushiSwap usage is high with the protocol being the 5th largest consumer of ETH gas SushiSwap is also the sixth-largest DeFi protocol in terms of Total Value Locked The amount of SushiSwap whales holding 100,000...

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 from 1,211 to 1,225. This is according to data...

Quick take: Pantera Capital believes that the launch of the CME Ethereum futures legitimizes ETH to institutional investors Staking on Ethereum 2.0 provides less sell pressure for ETH Ethereum has kicked off 2021 on a bullish note that could continue throughout the year The launch of the CME Ethereum futures is less than three weeks away and the team at Pantera Capital believes...

Quick take: Deribit has just announced the addition of the ETH $20k strike to its December 2021 options contracts Such a strike price points towards a demand for such a product by Ethereum bulls Ethereum has just set a new all- time high of $1,438 and looks keen to keep moving up The crypto derivatives exchange of Deribit has just added the Ethereum $20k...

Quick take: The amount of Ethereum stored on crypto exchanges has dropped to 22% of the total supply Ethereum in exchanges was at 26.33% of the total supply five months ago Current levels were last seen in November of 2018 when ETH dropped to $80 and then rallied to $366 The drop in the amount of Ethereum on crypto exchanges is a bullish...

Quick take: Ethereum could set a new all-time high if the $1,350 resistance is broken Ethereum's path to a new ATH was briefly interrupted by Bitcoin dropping to the $31k level ETH could peak with the CME Ethereum futures being launched on the 8th of February On a fundamental level, crypto exchanges seem to be running out of Ethereum Ethereum is once again...

Quick take: Ethereum's Google search interest is at an all-time high exceeding levels last seen during the 2017/18 bull cycle The increment in Ethereum Google queries started to increase significantly in mid-December This coincided with the launch of ETH 2.0 and Ethereum breaking the $600 price ceiling 2021 could very well be the year Ethereum thrives in the crypto markets Google search interest...

Quick take: Ethereum whales holding at least 10k ETH have increased by 4.2% in 2 weeks Such accumulation is a reflection of their bullish sentiment on Ethereum Ethereum's 30-day trade volume has reached a new all-time high of $32B ETH's hash rate is also at an all-time high Ethereum has since regained the $1k support zone in a bid to set a new...

Quick take: Ethereum is currently trading at $1,320 and approx. $100 away from its all-time high of $1,432 Ethereum might just break its ATH in the coming week if Bitcoin continues with its sideways movement However, Ethereum, just like Bitcoin, is in overbought territory with both facing possible pullbacks in the short term The second most valuable digital asset in the crypto-verse -...

Quick take: The total value locked in DeFi has just hit a new all-time high of $23.12 Billion This value is attributed to both Ethereum and Bitcoin gaining value in the crypto markets At the same time, the amount of ETH and BTC locked in DeFi seems to be decreasing This could be attributed to ETH and BTC investors selling their bags as...

Summary: Tyler Winklevoss has pointed out that Ethereum is 10% shy of its all- time high According to Mr. Winklevoss, Ethereum feels cheap during a bull run ETH miner balances are at an all-time low, hinting that there is seller exhaustion Ethereum is now attempting to turn the $1,200 price area into support The Co-founder and CEO of the Gemini Exchange, Tyler Winklevoss, has...

Summary: Timothy Peterson has forecasted that Ethereum could hit $2k in the next 5 months His analysis is based on Ethereum's monthly returns since 2015 Ethereum's Google search volume is also at an all-time high ETH has quickly risen to the $1,200 price level and is $200 shy of breaking its all-time high Bitcoin and crypto analyst Timothy Peterson of Cane Island Alternative...

Summary: With Ethereum migrating to a PoS network, Ethereum Classic will be the choice PoW platform with smart contract capabilities ETC's recent 51% attacks have only made it stronger with new upgrades Ethereum Classic has a capped supply just like Bitcoin If Bitcoin's market cap hits $3 Trillion, ETC's will be around $1.5 Trillion or around $7,100 per ETC Last year, the digital...

Summary: Ethereum's tweet volume is at an all-time high This comes after Ethereum's price broke the $1,000 ceiling that is now acting as support High ETH gas fees is also another reason that Ethereum conversations on Twitter are high The amount of discussions on Twitter surrounding Ethereum is at an all- time high. This is according to data from the team at The Tie...

Quick take: A total of 2,201,474 ETH is staked on the Ethereum 2.0 deposit contract This equates to $2 Billion locked with the value of Ethereum a 2 year high of $946 The value of ETH locked in the Ethereum contract has doubled in 16 days Ethereum has broken the $750 resistance level and flipping it into support is crucial in continuing its...

Quick take: Polkadot has silently risen to the number 6 spot on Coinmarketcap Its value recently hit an all-time high and could repeat it in the days to follow Polkadot's tweet volume is also at all-time high levels as investor interest grows The digital asset of Polkadot (DOT) has had an eventful past week in the crypto markets by almost doubling in value...

Summary: Ethereum has more potential for growth and could provide substantial gains in 2021 Ethereum is already up 469% in 2020 compared to Bitcoin's 281% ETH is still discounted if it is to retest its all-time high next year Ethereum has formed an ascending triangle that could push it to $800 in the short term The team at Weiss ratings is of the...

Summary: CryptoQuant CEO has pointed out that Ethereum is undervalued in terms of Institutional buying Institutional investors will eventually add more Ethereum to their bags Ethereum held on crypto exchanges continues to decrease and is at a 1.5 year low ETH miner's balances are at a 2-year low Ethereum whales have also decreased their holdings via selling ETH All factors point to a...

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 value above $700 at the monthly and yearly close...