Ethereum Options Contract Hints At The Altcoin Closing 2021 Over $10K
Ethereum is nearing its former all-time high of $1,440 set back in 2018 at the peak of the crypto bubble. Those who hed the altcoin throughout the bear market are finally getting the comeback they have been waiting for. But according to the strike price of a December ETH options contract that just debuted, the […]
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Three days before Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS), the world’s largest derivatives marketplace in terms of volume, CME Group, announced plans to list ethereum options. While CME’s ether options product prepares for regulatory review, the company detailed that the options contract will be measured at 50 ether per contract, using the CME CF Ether-Dollar Reference Rate.
CME Group Reveals Ethereum Options Launch
The Chicago Mercantile Exchange otherwise known as CME Group revealed the company’s intentions to list....
This week's altcoin update covers Ethereum, Shadowcoin, and CoinedUp's closure. Welcome to the CCN weekly altcoin news update, where we profile altcoin news topics that have gone under-the-radar. This week's article discusses Ethereum, whose Ether presale is set to pass 50 million sold, Shadowcoin, who are releasing the first mobile wallet with full staking functionality, and CoinedUp, who are closing their altcoin exchange. Ethereum Presale Approaches 50 Million Ether Sold. Ethereum's Ether presale has shattered expectations. Just 16 days into the 42-day sale, Ethereum have sold more than....
The number of ether locked in the Ethereum 2.0 contract has exceeded 9 million ethereum or more than $28 billion using today’s exchange rates. The amount of ethereum locked into the contract has increased 22.29% since the first week of September 2021, when the contract held 7.4 million ether.
Ethereum 2.0 Contract Exceeds 9 Million Ether
While the proof-of-work (PoW) side of the Ethereum network has seen its hashrate tap all-time highs above 1 petahash per second (PH/s) this year, the transition to Ethereum 2.0 continues with ether being locked into the ETH 2.0....
Ethereum price has been in an uptrend since the start of the year but key options indicators suggest overcoming the $2,000 level will be a challenge. To date, Ether (ETH) price has gained 85% in 2021, and options traders are still highly optimistic about the altcoin's short-term performance. The upcoming March 26 expiry holds over 96,000 ($172 million) call option contracts open interest between $2,240 and $3,520. Does a 25% or higher gain correctly reflect the current market sentiment, or are these traders simply over-optimistic about Ether's odds?Ether price in USD. Source:....
ETH price is on the cusp of a new all-time high and derivatives data shows bulls may attempt to capture it ahead of Oct. 29’s $1.25 billion Ethereum options expiry. Ether (ETH) has gained 950% in 2021 and from the look of things, the altcoin has no intention of stopping. This can also be seen in the ultra-optimistic bets for October’s $1.25 billion options expiry. However, this phenomenon is not exclusive to Ether bulls.The right to acquire Ether at a fixed price in the future does not come at a cheap price. On Sep. 4, the $5,000 call option for Oct. monthly expiry was trading at ETH 0.082....