Now, moving on to Ethereum, both spot as well derivative market flows appeared more bullish than ever.
There are a lot more traders interested in trading Ether ahead of the coming Ethereum merge in September. The Merge would see the network becoming a fully ‘proof of stake’ blockchain. Interestingly, calls for the end of September have the highest volume at the $4,000 to $5,000 level respectively. That is a bet thatSource: Messari
Even in the spot market, the data sets narrated the same picture. It showcased intense accumulation wherein, aWhales too participated in the good cause. Consider this- the richest wallet on the Ethereum network increased in value by almost a billion dollars over the past 30 days on the back of strong ETH rallies.went from a balance of just over $1.98 billion on 15 July to more than $2.96 billion at time of writing, a nearly 50% increase.
They may not know this too
Anyone know how to do it tax free . ...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ethereum HODLers bullish ahead of Merge might be mistaken as per…The largest altcoin has continued to take important steps concerning preparation ahead of the Merge. But Ethereum’s on-chain activity has barely seen any growth. And, you might ask is it calm before the storm, or just an overall crisis in the industry caused by the lack of inflows? Emptiness could be the answer On-chain activity […]
Source: CryptoAmb - 🏆 22. / 68 Read more »
Pre-Merge: Here’s the full scope of the ETH 2.0 Deposit contractEthereum, the world’s largest altcoin, continues to create headlines ahead of the upcoming Merge. As expected, it has been seeing significant demand and adoption from institutions and retail investors/traders. Hence, there is a sense of belongingness around. Many Highs The reason behind the much-anticipated upgrade is an obvious one. The same focuses on improving the […]
Source: CryptoAmb - 🏆 22. / 68 Read more »
Ethereum [ETH] short-term traders can celebrate next week if…Ethereum rallying is a sign of prosperity for pretty much every altcoin. But what if that signal fails to sustain and takes a trip back down? That is the issue with Ethereum right now. Despite forming a two-month high last week, it is now looking at a possible downtrend. Ethereum to $2k? A little over […] Why is the media silent about thiss? . ...
Source: CryptoAmb - 🏆 22. / 68 Read more »