Tag: Ethereum Price

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Ethereum Options Data Suggests Pro Traders Expect ETH Price to Break $400

Ethereum price has stalled below $400 but ETH options data suggests the altcoin will push through the resistance level soon. Ethereum (ETH) options open interest increased by 5 fold over the past three months to reach $337 million.  Although this figure pales in comparison to the current $1.8 billion Bitcoin (BTC) options market, Ether options…
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Over 90% of Ether Supply Is Now in ‘State of Profit,’ Says Glassnode

Glassnode states that over 90% of the Ether token supply was bought at a lower price than that at which it’s currently trading. As Ether (ETH) continues to hit new 2020 highs, the majority of ETH is now reportedly profitable. According to data from blockchain intelligence firm Glassnode, more than 90% of the circulating ETH…
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Why Trump Banning TikTok May Be a Blessing for Bitcoin Price, Adoption

Trump’s TikTok Ban could see 80 million people flock to crypto, which would be great news for Bitcoin price and the entire cryptocurrency space. Yesterday saw many major altcoins rally to their yearly highs, with Ether (ETH) surging past $400, which I expected was a likely scenario in my last article two weeks ago.   In…
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New 2020 Bitcoin Price High at $12,000 Proves Bulls Remain in Control

Bitcoin price rallied through a key resistance zone and secured a new 2020 high at $12,000. After securing a strong daily close, Bitcoin (BTC) price continued to press higher by cruising to $12,000 within the last hour. Crypto market daily price chart. Source: Coin360 Breaking through the $11,500-$11,800 range was the bulls most significant achievement…
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Five Years Since Launch, Is Ethereum Creating a New Boom?

A look into DeFi versus ICOs as another year passes for Ethereum. The Ethereum network has just turned five years old. Although the project was first announced at the North American Bitcoin Conference in January 2014, its genesis block was only mined on July 30, 2015. Since then, Ether (ETH) has become the dominating altcoin…
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3 Reasons Why Ethereum Price Rallied 75% to Hit a 2-Year High at $400

Ethereum price hit a 2-year high today and 3 factors suggest the altcoin could rally even higher. In the last two weeks, Ether (ETH) price increased by 75% as the price rallied from $222 to $400. Many investors believe Ether’s momentum is buoying the entire market, and possibly even pushing Bitcoin (BTC) upwards. ETH-USD daily…
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Here’s Where the Earliest ETH Ever Mined Ended Up 5 Years Later

Coinfirm details what happened to the first mined Ethereum after the asset’s launch in 2015. Ethereum, a household name in the crypto industry, fired up its network on July 30, 2015, but what happened to the first ETH coin ever mined all those years ago? Blockchain analytics and Anti-Money Laundering company Coinfirm found out.  “Another…
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More Ether Holders Are in Profit Than There Are BTC Addresses in Total

Ethereum addresses in profit now exceed the total number of addresses with a Bitcoin balance. With Ethereum’s recent price rise above $300, there are now more ETH addresses in profit than the total number of addresses holding any amount of Bitcoin. Blockchain statistics indicate that the total number of ETH addresses in the green is…
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Bitcoin Price Soars on Strong Weekly Close Putting $10.5K Within Reach

Bitcoin bulls target $10,500 after BTC managed a strong weekly close and rallied to $10,315. Within the last hour, Bitcoin (BTC) price rallied above $10,000 to set a new monthly high at $10,315.  The move came after a rather uneventful weekly close which saw the top-ranked digital asset on CoinMarketCap close above an important multi-year…
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Ethereum Price Rally to $370 Depends on Bitcoin’s Upcoming Weekly Close

Bitcoin’s rally to $9,700 brings the asset to a key resistance level, meanwhile Ethereum rallied above $300 to a new 2020 high. On Saturday Bitcoin (BTC) and Ether (ETH) price perked up as BTC briefly pushed above $9,700 and Ether set a 2020 high at $309.  The weekend surge comes as a bit of a…
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