Ethereum Updates

The number of Ethereum addresses holding 100+ ETH drops to a 3 year low Such a drop is indicative of some ETH investors taking profits However, the premium on Grayscale’s Ethereum Trust has turned positive hinting of institutional interest Ethereum is back above $2k and could eventually return to levels above $3k The number of

Ethereum reserves on crypto exchanges have increased by 5.1% since May 18th Such an inflow of Ethereum hints of selling by investors Ethereum has turned bearish in the short-term Ethereum has lost the $2k support and regaining it will be crucial in returning into bullish territory Ethereum still has the 200-day MA acting as support

Ethereum whale transactions above $100k have reached levels last seen in January 2018 Ethereum has lost above 50% of its gains since setting an all-time high mid this month The increment of whale transactions coupled with the rapid sell-off is indicative of a potential top for Ethereum Ethereum’s correlation to Bitcoin has started to increase

Ethereum could reclaim $3.2k to $3.5k in the short term This price target is reliant on Ethereum breaking the $3k ceiling Ethereum’s 50-day moving average is also acting as a resistance at the $3k price area The London Upgrade in July could assist Ethereum in rallying back to $4k Ethereum (ETH) could reclaim the $3,200

657,770 Ethereum worth $1.973 Billion has left crypto exchanges in the last week 11,933 Bitcoin has been sent to exchanges in the same time period ETH investors continue to play the long game with Ethereum The Ethereum 2.0 deposit contract now has 4.697 ETH worth $14 Billion locked Ethereum is currently battling to maintain the

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 confirmed

The CEO of Pantera Capital has pointed out that EIP1559 will make Ethereum a more deflationary asset than Bitcoin He believes Ethereum is undergoing a market re-rating for EIP 1559 and proof of stake The ratio of Ethereum’s market cap to Bitcoin’s has doubled in the last year Ethereum will keep gaining due to DeFi

Arthur Hayes gives Ethereum a 30% chance at flippening Bitcoin The number one mission of Ethereum is to power the world’s largest computer EIP1559 will be pivotal in increasing the value of Ethereum by introducing a ‘fee burn’ Flippening is also hinged on an exponential growth in DeFi leading to more fees being spent and

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 seeming

ETH/BTC pair is hovering at levels last seen during the 2017/2018 bull market According to PlanB, Ethereum at current levels of 0.08 BTC could open the doors to 0.12 BTC He however cautions that a pullback is usually the next phase after an altcoin peaks against Bitcoin An increase in Ethereum withdrawals from exchanges hints

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 watch

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 in

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 round

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 of

Ethereum Classic’s hash rate has hit an all-time high of 33TH/s This is the highest hash rate since ETC was launched in 2016 Ethereum Classic has also set a new all-time high of $179.83 – Binance rate ETC is now ranked 13th in terms of market cap and still trading at a premium on Coinbase

Ethereum Classic (ETC) has set an all-time high of $109.855 – Binance rate Ethereum Classic is trading at $121 on Coinbase Pro This translates a 13% premium value of Ethereum Classic on Coinbase pro Such a high ETC value on Coinbase Pro shows that its rally is driven by retail traders Ethereum Classic’s website is