Ethereum (ETH) has been displaying an interesting pattern in the options market. Recent data from Deribit, a leading platform for crypto futures and options trading, reveals a significant concentration of call options for ETH centered around the $4,000 strike price. This accumulation of ETH call options suggests that traders are speculating on a potential rise
Ethereum
Despite the underperformance of the Ethereum (ETH) price over the past year, there has been a significant uptick in Ethereum staking. The emergence of liquid staking protocols like Lido Finance has played a key role in driving the surge of ETH being staked. As a result of this growing interest, the total percentage of ETH
On-chain data analysis can provide valuable insights into the market trends and investor sentiment surrounding cryptocurrencies. In the case of Ethereum, an Ethereum metric is showing a bullish signal as the price breaks past the $2,400 barrier. This article will delve into the relationship between the Ethereum price and the exchange netflow indicator, and explore
Ethereum (ETH) has achieved a significant milestone in its 2024 roadmap with the successful launch of the Dencun upgrade on the final Holesky testnet. This marks a crucial step towards deploying the upgrade on the mainnet and demonstrates Ethereum’s ongoing efforts to improve transaction efficiency, scalability, and reduce transaction fees by up to 90%. As
An Ethereum (ETH) whale recently made waves in the crypto world by executing a series of transactions that involved a significant movement of funds across various platforms. According to Spot On Chain, a blockchain analytics platform, this activity amounted to approximately $46.02 million in ETH tokens. What makes this even more intriguing is that the
EIP-1559, the Ethereum Improvement Proposal, has sparked a new level of excitement and optimism among Ethereum users. Péter Szilágyi, an Ethereum developer, has recently praised the ETH burning mechanism introduced by EIP-1559, hailing it as “the great equalizer.” This groundbreaking proposal has revolutionized the way users bid gas fees and has significantly leveled the playing
In the midst of a volatile crypto market, Ethereum (ETH) is gaining momentum and outperforming its long-time rival, Bitcoin (BTC). The ETH/BTC ratio, which gauges market sentiment towards these two leading cryptocurrencies, has steadily risen, rebounding from multi-year lows. This recent rebound indicates that investors are increasingly bullish on Ethereum’s potential relative to Bitcoin. The
Crypto expert Anthony Sassano has provided a bullish narrative for the Ethereum ecosystem, predicting that Ethereum (ETH) could hit a new all-time high (ATH) this year. Sassano’s optimism is based on the potential approval of Ethereum Spot ETFs by the Securities and Exchange Commission (SEC). He believes that if the ETF hype were to get
The year 2024 holds great significance for the Polygon ecosystem as it sets the stage for the realization of Polygon 2.0, a cross-chain coordination protocol that aims to unite and scale the various Ethereum layer-2 scaling networks. In an exclusive interview with Cointelegraph, Jordi Baylina, co-founder of Polygon, shed light on the plans for Polygon
Asset managers around the world have been eagerly awaiting the approval of Bitcoin (BTC) exchange-traded funds (ETFs) in the United States. Hashdex, one of the 13 asset managers with pending applications, is optimistic about the future. According to their U.S. and Europe head of product, Dramane Meite, the first spot Bitcoin ETF could land as
