ETH MARKET CAP VS BTC MARKET CAPThe great Schuler has predicted ETH WILL FLIP BITCOIN IN THE NEXT 24 MONTHS NOVMBER 14, 2022 - 13 NOVEMBER 2024. If he says it it will happen.
ETH trade ideas
BALD contract deployers withdrew 8860ETH and 179 million BALD liThe BALD contract deployer has withdrawn 8860ETH and 179 million BALD liquidity.
It was reported earlier that the market showed that the BALD project party removed 6809 ETH liquidity, and the currency price fell by 82% instantly
Data: Sun Yuchen redeemed 30,000 stETH, and as the largest indivDollar.eth monitoring shows that Sun Yuchen redeemed 30,000 stETH (approximately US$55.8 million) in 2 wallets, and still holds about 260,000 stETH (approximately US$483.6 million), and is still the largest individual holder of stETH . In addition, Arkham monitoring shows that Justin Sun transferred 23,000 ETH (approximately US$43 million) to the encryption exchange Poloniex 2 hours ago.
Is Ethereum going to dethrone the king!?This is the million dollar question.
This has been a topic thrown around from time to time. Will Ethereum pass Bitcoin, Blah Blah blah. This is the first time I feel there is any evidence towards it. Let's take a look, as do believe that this could happen either before the next bull run or during the next bull run.
Ethereum for the time is showing strength against Bitcoin in a bear market. We can clearly see it here in the Market caps of ETH and BTC as there is a clear divergence that has been made. ETH came close before in in 2018 at it's peak of the bull run. Ultimately in the bear market the gap of ETH market cap widened as it corrected much harder.
Even with this divergence the gap percentage in 2018 was smaller than now but ETH has never shown us divergence against bitcoin. ETH along with every other altcoin has shown weakness and has fallen off drastically against BTC in bear markets, so this divergence is strange to say the least.
What will it ultimately lead to? We don't know, but if it keeps up, it will eventually dethrone the king. It could just be signs of an alt-season that could be brewing. we don't know, time will tell us.
One thing is for sure, there have been a few first times in the last two years and this is just another for the list. The crypto market is changing and growing while showing some different dynamics in my opinion.
The indicator below shows ETH Volatility. The thing of importance is that the volatility has kept going up while the market cap of ETH has reversed course and has begun rising and showing strength while bitcoin's market cap fell more.
Another thing to note is that this divergence started before the FTX collapse but even after it amongst all the fear ETH has stayed the course and it actually confirmed this trend and strength because of it.
I have gone long with the chart as I do believe this trend will continue at least for the short to medium term.
Please let me know your opinion down below. Let's see what people are thinking on this subject.
Kind Regards
WeAreSat0shi
Stay Blessed!
ETH long swingtrade setupHi @everyone,
Here 2 long scenario's for ETH.
The targets of these setups are only till the neckline of the A&E formation,
The likelyhood these targets will extend are very high once one of these setups are playing out.
As these setup's are swingpostions we will update the extended targets if needed ones we are nearing current take profit targets.
Settup's like these will take time to develop. Patient is needed...
For a more deepdive into why we decided to ''long'' eth see or other thread in the link below.
Regards,
Team Quantistic
ETH ''Adem&Eve'' bottem formation compared to BTC Hi @Everyone,
In this chart we compared previous BTC bottem formation (2019) VS the current formation in the Ethereum chart.
'Facts'
- ETH has a confirmed Swingfailure on the Daily Linear chart.
- It took 420 days of till we broke this trendline (swingfailure). (same as btc in 2019)
- Structure = Adem&Eve / or (potential acending) Both bottemformation patterns.
For futher conformation we want to see :
1. Swinfailure of the green trendline ( break and close above )
2. Breaking of the Neckline
We will update this post with some more charts and hopefully you are well informed how to make benefit's out of these updates.
Regards,
Team Quantistic
ETH 2.0 : What Upgrades Are Next After the Merge?Hello guys
thanks god for being live to create another post for you dears
Today i will explaine what happen after Ethereum merge upgrade?
and im going to summarize about each step.
Ethereum Merged successfully on Sept15 but more upgrades are coming to the network.
Shanghai update , The Surge, the Verge, the Purge, and Splurge are up next.
Lets see what we have:
Shanghai update
Over the next six months the next important update to the Ethereum network is going to be the Shangai upgrade.
This particular update will allow validators (the ETH owners who help secure the blockchain) to withdraw a portion of their staked ether and rewards.
There are 14.7 million tokens locked on Ethereum’s Beacon Chain, in return for a 4.1% annual yield, according to the Ethereum Foundation website.
Altogether, those tokens are currently worth $19.12 billion.
Stakers are responsible for confirming and verifying transactions on the blockchain.Each validator is required to stake a minimum of 32 ETH.
Shanghai will also seek to lower transaction costs on layer 2 (L2), a separate blockchain such as Optimism or Arbitrum,
that helps Ethereum to scale, by reducing data costs on the main blockchain itself.
The Surge
While the Merge’s number one goal was to reduce Ethereum’s energy usage (which it did by up to 99.5%) the Surge, the next significant upgrade, is expected to bring a new feature called “sharding” in 2023.
“Sharding splits a blockchain’s entire network into smaller partitions, known as ‘shards'”, said crypto analyst Miles Deutscher.
“This will significantly increase the network’s scalability.”
According to the Ethereum Foundation, “sharding” will boost network capacity, cut costs and improve transaction speeds.
It “provides secure distribution of data storage requirements, enabling rollups to be even cheaper, and making nodes easier to operate,” it said.
The Verge
The Verge is an upgrade that is expected to drastically reduce Ethereum`s reliance on nodes as a store of history and data.
It will introduce so-called “verkle trees“, “a powerful upgrade to Merkle proofs that allow for much smaller proof sizes,” Deutscher says.
“This will optimise storage on Ethereum and help reduce node size.
Ultimately, this assists Ethereum in becoming more scalable,” he added.
Verkle trees will allow users to become network validators without having to store huge amounts of data on their computers, analysts say.
Crypto security platform Nethermind said “verkle trees” are Bitcoin-inspired systems that will decrease the size of “witnesses by a factor of over 20,
allowing for stateless clients that safely interact with the network.”
According to Vitalik Buterin, the verge will be “great for decentralization,” he said at the Paris conference.
The Purge
The Purge is expected to significantly reduce the amount of space required to store ETH on a hard drive.
This upgrade will eliminate the use of nodes in storing Ethereum history, freeing up space, a constant headache for developers.
“The purge: trying to actually cut down the amount of space you have to have on your hard drive,
trying to simplify the Ethereum protocol over time and not requiring nodes to store history,” said Buterin.
Crypto education platform District 0x explained that “nodes are responsible for verifying the miners’ work and ensuring that consensus rules are followed.”
The best way to do this is to keep a full copy of the Ethereum ledger, making it easy to verify a miner’s work.
“But the Ethereum blockchain is approaching one terabyte of storage so it’s impractical for a regular person to run a node,” it stated.
The Splurge
The final scheduled upgrade is the Splurge.
This carries what is described as miscellaneous but important extras,
“ensuring the network runs smoothly following the previous four upgrades.”
“The design of Ethereum post-Merge is billed to be handlings loads of data which generally calls for improved security across the board,” Eitan Lavi, the ChainPort cofounder, told Be In Crypto.
“Through the evolution of Merkle and Verkle trees as well as another innovative tech that will be introduced with subsequent upgrades, the protocol will be able to support the anticipated data load.”
So wait for more upgrades and ETH will be awsome after this steps...
Thank you for reading this article.
Share me your idea about Ethereum future in comments.
REFRENCES
www.fortune.com
www.ethereum.org
www.blocknative.com
www.forbes.com
www.blockonomi.com
ETH/BTC - Alts will survive next drop?This chart is showing that altcoins are a bit stronger (still) than BTC, and potentiall next BTC fall won't affect that much alts. Would like to see ETH reach top of the curve first before getting bearish on atlcoins.
Ethereum Marketcap Looks Ready For A 100 Billion Dollar DeclineAlongside some Bullish outlooks for some of ETH's competing coins like XRP and LTC and TRX I also do believe that the ETH value of these coins will significantly rise in the coming months the cause of this rise in these coin's ETH pairs would imply that either: The USD Value of those coins go up significantly, ETH comes down significantly, or a combination of the 2. I do believe that it's more than likely going to be a conbination of the two but that the biggest factor would be the fact that ETH will come down significantly.
What to look out for here is a Break of the trendline,if it breaks through the trendline it will also be bearishly breaking down from a Bearish Consolidation Structre and will be below the 200 Week Moving Average which would most likely result in atleast an over 100 Billion Dollar decline all the way down to the next major support of $12.90B
I have been tracking multiple macro instances of the chart hinting towards ETH collapse and they can be viewed in the related ideas tab below.
ETH/BTC vs BTC.D - now you knowNow you know why Alts have bounced - some big time, some just a bit. And why they are retracing now - We approach a compression area and these kind of curves as we see on ETH/BTC right now - tend to break to the downside - therefore a strong correction and big inflow to BTC should happen.
I was bearish on BTC Dominance - but after having more alt context and comparing those two charts - it looks like BTC.D is getting ready for a hunt of FVG above. Viceversa to ETH/BTC.
When ETH Cap approaches 50% BTC Cap they all fallWhen ETH cap approaches 50% BTC cap they both fall down. So crypto should be reaching a peak soon.
Each time ETH holds up a little better than BTC. When BTC gets a bit closer, one of these 50% cap crosses will continue on ward until ETH cap crosses BTC cap, The Flippening. However, until that happens, I must assume they both sell off at the cross.
This should give me the ETH supply right?I'm hoping this gives me the ETH supply.
It's the ETH market cap (CRYPTOCAP) divided by ETHUSD.
Yays or nays much appreciated.
Ethereum heres my ethereum charts for the am september 9th 2022 two days till september 11th i think a big pump will be coming tomorrow and sept 11th 2022
Money leaving into Merge ETH Merge is overall bullish for ecosystem
but momentum is outflow out
Dollar Strength all time high oversold
lows in Billlions is parameterized out
Etherum 2.0 is COMING... More DetailsHello friends
So finally we will ee ETH 2.0 as soon as posibble.
I want to explain more details about MERGE upgrade
and launch day.
then have a look at some NEWS about ETH 2.0.
lets see again whats Etherum 2.0 and MERGE upgrade?
Ethereum will move from a proof-of-work consensus mechanism to a proof-of-stake blockchain known as MERGE
Right now Ethereum uses the same consensus mechanism as Bitcoin known as proof of work.
This requires miners to validate transactions and keep the network secure.
It is slow, costly, and uses large amounts of energy by design.
Proof of stake is different because it gets rid of miners altogether and uses validators
(people who “stake”—or lock-up—Ethereum to keep the network secure and running).
After the upgrade the only way to create new ETH will be to stake pre-existing ETH on the network
which analysts expect could have a deflationary impact on the cryptocurrency.
Moving to proof of stake will then make Ethereum “99% more energy efficient.
Ethereum Merge expected between 10 and 20 September.
Now lets check some HOT news about this happening:
22 August 2022: CME Group to launch Ethereum options prior to ETH 2.0 Merge
17 August 2022: Coinbase pausing ETH deposits during Merge is ‘not significant’
12 August 2022: Ethereum Merge to take place 15/16 September after Goerli success
I hope this upgrade be successful and after that Vitalik can go ahead
SHARDING mechanism...
More incredible things will be happpen...
just BE patient...
Share me your opinion about this article.
are you like this type of atticles???
so let me know..
thanks
Ethereum
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15 minute chart
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heres my ethereum long like follow promote this page---later
ETHUSDT bullish rallyIt is expected that ETHUSDT will continue its bullish rally for the coming days.
