Ethereum Updates

Ethereum’s top 10 non-exchange whale addresses have doubled their holdings in the last 8 months At the same time, the ETH holdings of the top 10 exchange whales have halved in 7 months Value locked on DeFi using Ethereum has doubled in the last 3 months All these events and data point towards a continuation

Ethereum’s bullish momentum could lead to a new round of growth to $4.5k – $5k However, a pullback to $2.9k or $3k might happen first before a second phase of growth by Ethereum Ethereum usually outperforms Bitcoin in the month of May increasing the chances of additional growth The second most valuable digital asset of

Mark Cuban believes Ethereum smart contracts are better at delivering digital items than alternatives available He concludes that DeFi on Ethereum is better in delivering financial instruments than banks Smart contracts used in DeFi allow transactions to be automated, trustless and almost instant The owner of the Dallas Mavericks and Shark Tank investor, Mark Cuban,

Ethereum has broken past the $3k price ceiling setting an ATH of $3,204 – Binance rate Ethereum’s NVT ratios indicate that price growth is supported by high transaction volumes ETH has now exceeded Walt Disney and Bank of America in terms of market capitalization Ethereum maintaining the $3k support will be essential for further growth

The 24-hour transaction count on PancakeSwap (CAKE) has hit 1.733 million This amount has exceeded Ethereum’s at 1.427 million in the same time period Total value locked on PancakeSwap continues to hover around $10 Billion CAKE is now valued at $40, increasing by 80x since October The DeFi platform of PancakeSwap (CAKE) has reached a

Ethereum’s chances of hitting $5k by June currently stand at 6% ETH has continued to maintain the $2,700 price area, into options and futures expiry today There is also the monthly close ahead which should be ETH’s last hurdle towards new ATHs On a fundamental level, Ethereum’s market cap has exceeded Paypal’s and could soon

Ethereum 2.0 deposit contract now holds 4.0412 million ETH This amount in Ethereum is worth roughly $10.8 Billion Continual deposits to the contract show long term commitment by Ethereum investors  Ethereum could suffer a short-term correction with the expiry of options this Friday Ethereum investors are continually sending funds to the ETH 2.0 deposit contract

Ethereum is attempting to break away from the influence of Bitcoin in the crypto markets ETH’s one-month correlation with Bitcoin has dropped to 68% Ethereum’s $2,500 support remains strong after ETH set an all-time high of $2,716 – Binance rate $3k is the next logical target for Ethereum with the new month ahead The second

Tether’s CTO has explained that high fees on Ethereum pushed more USDT to the Tron blockchain USDT on Tron is firmly ahead of USDT issued on Ethereum Tether’s market cap has just exceeded $50 Billion According to Tether’s CTO, 2021 has been a good year for the stablecoin High gas costs on the Ethereum (ETH)

Volume and open interest of the CME Ethereum futures have hit all-time highs CME Ethereum futures volume has hit 5,469 contracts valued at roughly 273.5k ETH The open interest has hit 2,462 contracts, which is the equivalent of 123.1k ETH The data on CME Futures hints that institutions are bullish on Ethereum The CME Group’s

Ethereum active addresses have hit an all-time high of 771k This milestone eclipses previous all-time highs set in November 2020 and January 2018 Unique Ethereum addresses also continue to grow, hitting a new high of 148.8 million The increased network activity points towards a bullish future for Ethereum EIP1559 implementation is also around the corner

According to Rekt Capital, Ethereum hitting new ATHs will fuel the next phase of altseason Weiss Ratings concludes that Ethereum thriving will usher in an alt-season greater than 2017’s The premium on Grayscale’s Ethereum Trust has flipped back to positive However, Bitcoin’s recent dip to $47k has paused the continuation of altseason Bitcoin gaining a

The Ethereum network has settled $1.5 Trillion in transactions in the first quarter of 2021 This amount exceeds the last 7 quarters combined and the highest to date, in a quarter Ethereum could settle $6 Trillion by the end of 2021 According to Arthur Hayes, Ethereum is the most developed smart contract network in the

USDT active addresses have exceeded 6 million Half the amount is on Ethereum with the other half on Tron Tether’s market cap has exceeded $48B and still dominating the stablecoin market worth $75.4 Billion Tether’s growth has been organic based on the growth of the crypto markets and DeFi The number of USDT active addresses

Etheruem 2.0 staking is now live on Coinbase for users on the waitlist Canada recently approved 3 Ethereum based ETFs The weekend began on a high note, fundamentally, for Ethereum $2,300 will be the price area to watch during the weekly close This weekend has kicked off on a high note for Ethereum on a

Coinbase (COIN) is scheduled to be listed on Nasdaq tomorrow, April 14th Bitcoin and Ethereum have hit all-time high values $63,657  and $2,294 on the eve of the Coinbase listing BTC and ETH could keep climbing based on the significance of a crypto exchange going public The value of COIN will be a measure of