​​Ethereum chart update 📈

ETH got a lot of bullish fundamental signs while chart is still retracing after the first series of wave up. Good buy zones at 222 and 218 support zones Nearest targets will be 235 - 239.

Resistance 22700 - 23020 - 23400 - 23600
Support 22263 - 22000 - 21800 - 21400

@CryptoWorldTina #ETH #Ethereum

Following Uniswap's announcement of their governance token $UNI earlier today, #Ethereum saw a massive surge in miner fees.

Almost $1 million USD in fees were spent in a single hour!

This is a new record high (anomalous tx fees earlier this year excluded).

​​#Ethereum hash rate hits an ATH.

Ethereum miners have pushed the hash rate to a new record high in the wake of the #DeFi hype and surging fees.

It crossed 250T/s and is now up 80% since the beginning of the year.

The last time the hash rate was this high, was in July 2018.

​​$1 billion worth of #BTC (~94,000 bitcoins) are now wrapped in $WBTC on #Ethereum.

That is an increase of almost 20x within the past three months.

​​#ETHEREUM
Bull Div on $ETH 15-min. Looks like it may PAAMPP.

Bullish Weekend? 👀

​​#Ethereum 2.0 (Beacon Chain) is ought to launch in less than an hour.

880,000 #ETH have been staked to date. Around 355,000 more than the minimum amount required.

​​The #Ethereum 2.0 deposit contract continues to amass ETH.

The total value staked is now at almost 1,300,000 ETH – around 250% of the phase 0 goal.

Yesterday alone, over 81,500 $ETH were deposited to the contract.

​​From #CeFi to #DeFi in one picture.

The amount of fees on #Ethereum spent on $ETH deposits to centralized exchanges has fallen from ~25% in 2017 to less than 1% today.

Almost all fees spent on txs involving centralized exchanges in the past months were used for ETH withdrawals.

​​#Ethereum funding rates are at a record high, breaking an average of 0.2% across major exchanges.

#BitMEX is leading the pack with a funding rate above 0.4%

​​$ETH open interest at an ATH. #Ethereum

#Ethereum Number of Addresses in Profit Hits ATH Following Ether’s New Price Discovery.

https://bit.ly/3x3OQiw

follow Coingape: https://t.me/coingape

​​#Ethereum on-chain USD transaction fees hit the second highest level in history yesterday.

#Ethereum on-chain fees hit $47.3M per day, coming close to the ATH of $49.8M set on 23-Feb.

Total fee revenue has exceeded $10M/day since 1-Feb.

​​#Ethereum supply dynamics tell a compelling story for the future for the protocol.

$ETH on exchanges has fallen to 12.0% of circ. supply, as $ETH in smart contracts rises to 22.8%.