Tag: EIP1559

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Ethereum bulls likely to profit $130 million on ETH options despite two-week slump

$1.25 billion in ETH options expire on Nov. 26 and bulls are better positioned above $4,200. Ether (ETH) investors have no reason to complain after the 344% gains accumulated in 2021 until Nov. 24. Still, analysts fear that the $4,000 resistance test on Nov. 19 is forming a descending channel that aims at $3,600 by…
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Ethereum season? ETH options traders are placing big bets for June

Ethereum options traders are placing big bets on an ETH rally in June as EIP-1559 approaches. The price of Ether (ETH) is continuing to rally, reaching $2,000 on Friday on the back of strong technical momentum following a high-profile announcement from Visa. As Cointelegraph previously reported on Sunday, Visa will allow its partners to use USD…
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