Tag: ethereum price

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 various DeFi protocols The lending platform of Compound (COMP)...

Ethereum surge past its previous ATH of $2,036 today after spending most of last month in consolidation. The second-largest...

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 days Ethereum balances on crypto exchanges continue to decrease...

The recent cryptocurrency market crash had a big impact on the overall market cap, which lost around 150 billion within 24 hours. This comes after an anticipated Tweet from Elon Musk disowning Bitcoin. In turn,...

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 as BSC, Cardano, Zilliqa and Tron Yesterday, February 22nd,...

Since the beginning of 2021, Ethereum price has been on a healthy uptrend. Many projects using ERC-20 have seen tremendous success in their launch, and the DeFi market was pushed to the mainstream just as planned. Today, there's less than USD 100...

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 of Ethereum held by the top 100 whale exchange...

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 such as Grayscale, have been scooping up Ethereum The...

Just a few days ago, the Ethereum price touched an all-time high at $1,475 but then the price got rejected and dropped to a low of $1,207 on January 27. At the time of writing this, the ETH price is sitting at $1645.13 and in the last 7 days, its price has increased by almost 31%. On the other hand, the Bitcoin price...

The spiking gas fee on the Ethereum network has come back to haunt the cryptocurrency as it soared past $1600 yesterday creating a new ATH. As a result of the growing gas...

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 add to its Ethereum Trust (ETHE). This amount in...

Many have been pushing Ethereum into the mainstream, claiming it to be the go- to cryptocurrency of the future. While...

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 year. This is according to a report by the...

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: 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...

Ethereum has been one of the most highly talked about cryptocurrencies in 2020. Apart from being the 2nd largest cryptocurrency by market capitalization, its successful launch of Eth2.0 helped in pumping its price...

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...

Ethereum - the largest smart contract platform in the world smashed a new record today by surpassing it's previous All Time High (ATH) market capitalization of $136B. The premier asset is currently trading in a range of $1250-$1270, which gives it a market capitalization of $144B. It's momentum appears intact and the previous ATH price record is also likely to be broken in...