Focus on the ecosystem surrounding Ethereum, the second‑largest network by market cap. Get insights into network upgrades, smart‑contract innovations, DeFi and NFT trends, staking developments and other Ethereum news today.
The most expensive NFT sale was made after the successful purchase of virtual plots of land on Axie Infinity valued at $1.5 million.
Major cryptocurrencies including Bitcoin and Ethereum were able to rebound after yesterday’s sell-off before the FED statement.
The Ethereum has been correcting for two days already, but for now, this has little significance: the market remains unmistakably positive. On Thursday, February 11th, the ETH is trading at $1,726 USD.
Considering the fact that the crypto industry has been on a general bullish run recently, it is possible to assume that the value of Ethereum would break the $2000 level even before the end of the week.
According to CME Group market data, a total of 388 Ether futures contracts exchanged hands on the first day of trading.
The altcoin market is buzzing with strong investor interest as well as the rally in the DeFi space. Cardano and Polkadot have registered strong moves surpassing Ripple’s XRP.
In the last 24 hours, Ethereum has seen its trading volume increase by 40% which translates to $56,017,441,224.
ETH gathers steam as the CME Ether Futures go live today. While the institutional action around ETH price movement has been positive, market analysts give mixed opinions on how the CME Ether Futures can affect the ETH price movement.
As investors await the launch of Ether futures contracts from the Chicago Mercantile Exchange in the coming week, ETH continues to pull in constant gains.
Most analysts predict that Bitcoin and Ethereum, Grayscale’s largest trusts, could reach $100K per BTC and $10K per ETH.
Binance Coin (BNB) has registered a strong rally and has surged more than 50% year-to-date to hit its new all-time high. The latest price rally comes just at a time when the company announced the Binance Pay service for its customers.
As the crypto space records growth, Ethereum (ETH) has soared to a new all-time high as well.
Although the price of Ethereum is slightly down from its all-time high at the time of writing, it is a long way up from its lowest price point of $0.4209 attained back in October 2015.
Bitcoin has been the topic of conversation across the finance world as many business tycoons have voiced out their opinions on the digital coin which largely remain positive.
The open interest in Ether Futures has spiked by 50% while the Ethereum buy call options have also shot up significantly. More importantly, institution buying has resumed in Ethereum with its improving on-chain fundamentals.