Ethereum Updates

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Summary: Binance CEO, CZ, has pointed out that Ethereum’s market cap is bigger than that of Spotify, GM, Baidu, Ferrari and BMW The market cap of BNB is considerably smaller but bigger than Xerox Bitcoin’s market cap recently exceeded that of Visa Ethereum and BNB are two digital assets to watch moving forward due to

Quick summary: Ethereum 2.0 validators are currently earning 0.002792 ETH per day This is approximately $1.71 using an ETH value of $613 This translates to approximately 3.2% annual interest when compounded Ethereum has continued to trade above the $600 support zone Ethereum 2.0 validators are currently earning 0.002792 ETH per day. This is according to