Analysts predict Ether may soon hit a new all-time high after ETH reserves on centralized exchanges fell by 27% in two days. The amount of Ether held on exchanges has plunged over the past two days, with CryptoQuant data indicating that just 8.1 million ETH is currently sitting in the reserves of centralized exchanges. The…
Read more
A long-term arbitrage play from institutional investors may explain why shares in Grayscale’s Ethereum Trust have tanked by 50% in two weeks while Ether rallied 75%. Shares in fund manager Grayscale Investments’ Ethereum Trust plummeted by 50% this past fortnight, despite Ethereum rallying by 75% over the same period. ETHE shares represent 0.09620794 of an…
Read more
The average transaction cost on the Ethereum network almost doubled amid a trading volume surge. Ethereum network fees continue to climb with the average value topping out at $17.43 per transaction according to data from YCharts. As previously reported by Cointelegraph, average fees were at about $10.20 earlier on Monday. The $17.43 per transaction constitutes…
Read more
Ether price has surged past $730 in a strong overnight rally, breaking out against Bitcoin. The price of Ether (ETH) has surged past $730 for the first time since May 2018. Following ETH’s breakout, traders are becoming more optimistic in its short-term trajectory. There are two major factors behind ETH’s strong rally: a strong technical…
Read more
Eth2 staking has its downsides — people may not have the means to contribute 32 ETH, or the technical knowhow to run a node. Can these issues be solved? How does this ecosystem work? There are three key roles within the Stkr ecosystem. Providers deliver the computing resources that drive the Eth2 nodes — and…
Read more
Ripple’s David Schwartz has revealed that he sold 40,000 Ether at $1 each as part of a risk management plan made with his spouse in 2012. Ripple’s Chief Technology Officer, David Schwartz, has revealed that he and his wife decided to make a “derisking plan” for their crypto investments in 2012 — resulting in eight-figures…
Read more
As Bitcoin price is stuck in a range with tightening Bollinger Bands suggesting a big move is coming, XRP and Ether look to capitalize on their recent bullish momentum. Bitcoin price (BTC) bulls looked as if they were taking charge last week as BTC/USD rose by over $1,000, albeit momentarily. Bitcoin rallied throughout the week…
Read more
