Ethereum (ETH)

The recent ETH options data shows that Ethereum can hit a price of $500. There is enough liquidity and there are obvious calls for this feat to be achievedIt has been a bullish ride for cryptocurrencies as there is a resurgence in price in the past weeks. For the first time in 2 years, the price of Ethereum (ETH), the second-largest cryptocurrency by market capitalization traded a new high close to $440.With the impressive bullish trend, ETH Options, and Futures have also seen a massive...

The daily transaction count on the Ethereum network reached a two-year high with 1.27 million, which is the closest number displayed to the all-time high from January 4th, 2018, at 1.34 million.Simultaneously, the transaction fees have dropped significantly from the ATH marked just a few days ago.Ethereum Transaction Count At Near ATHWith the ongoing DeFi boom and over $6 billion total value locked, the Ethereum network, which is the underlying technology of most DeFi projects, has...

Ethereum is slowly losing momentum after recording a 2-year high at $445 earlier this week. Will $400 get confirmed as support before the bulls will continue?Against Bitcoin, Ethereum managed to reach as high as 0.0371 BTC before rolling over to the current 0.0356 BTC level.ETH/USD – Will $400 Get Tested As Support?Key Support Levels: $410, $400, $380.Key Resistance Levels: $438, $445, $465.Quick recap: after days’ long consolidation beneath the $400 mark, ETH was finally able to break above...

As per the latest statistics, around $8 million was paid as fees to conduct transactions on the Ethereum network. That works out to be approximately 18,300 ETH. What is driving this humongous spike in gas fees? Research shows that it is due to the booming ‘yield farming’ craze.Gas Fees Tops $8 Million Led By Massive Transaction DemandAs per data from Glassnode, transaction fees paid on the Ethereum network topped $8 million recently (read August 13, 2020).This is a new all-time high level for...

Ethereum legte in den letzten 48 Stunden nochmals deutlich zu. Inzwischen liegt der ETH bei 434 US-Dollar – nochmals ein Plus von 10 Prozent in nur zwei Tagen. Analysten sehen den Preis überbewertet und gehen nun von einem Sell-Off aus, der den Preis nach unten reißen könnte.Ethereum News: Ethereum möglicherweise kurz vor Sell-OffDer Support hat sich inzwischen bei etwa 375 US-Dollar etabliert. Ein Sell-Off dürfte also den Kurs nicht pulverisieren. Dennoch ist der aktuelle Wert deutlich...

The leading cryptocurrency asset management company – Grayscale Investments – has recorded its most significant fundraising week in its 7-year history.Interestingly, the massive spike followed a nationwide advertising campaign the company ran in the U.S.Grayscale Commercial WorkedAs CryptoPotato reported a week ago, the digital asset manager planned to run a widespread advertising campaign in the United States to promote its Investment Trust and highlight the merits of investing in Bitcoin...

Bitcoin took yet another swing at $12,000 but to no avail so far, while Ethereum continues climbing to $440.Macrodata reaffirms the ongoing bull trend as almost all top 100 digital assets have been in the green in the past three months.Bitcoin Not Yet Conquering $12kAbout three days ago, the primary cryptocurrency was in a bit of a jam as it dipped to $11,100. It began losing its dominance over the market, but the bulls have since regained possession and drove Bitcoin upwards.Their attempt...

This week was easily one of the most eventful ones in the cryptocurrency field in terms of overall developments, especially in the DeFi sector.Starting with Bitcoin, however, not much changed since last week. BTC price started trading at around $11,800 seven days ago, and it’s currently at roughly the same level. However, this doesn’t mean that there was no volatility.On Monday, BTC briefly broke for the second time above $12,100, causing serious enthusiasm in the community. Over the next few...

Bitcoin (BTC)Bitcoin is more or less around the price it was traded a week ago, but this comes after a raging week as the coin plunged to a weekly low around $11,100.Shortly before, Bitcoin made another push towards the current high at $12,100 (1.272 Fib Extension), for the second time in 10 days. Unfortunately, BTC was unable to sustain this high.Just one day after, Bitcoin lost almost $1000, however quickly recovered to the support level around $11,400 (.236 Fib Retracement and prior high)....

Bitcoin’s dominance over the market continues to suffer even though BTC has recovered from its dips and trades at $11,750.This is primarily because of numerous impressive alt pumps, including Ethereum, which finally broke above $400 after its significant price surge.Ethereum Over $400, LINK (Another) ATH, Alts RejoiceThe second-largest cryptocurrency by market cap is among the most impressive gainers from the past 24 hours. Ethereum dipped below $380 yesterday, but bulls took control and...