Ethereum was supposed to rally after the Merge hard fork allowed a much lower issuing rate. Unfortunately, it did not go that way, and noshitcoins shows why $ETH derivatives show bulls lacking conviction.
The price ratio of 0.068 ETH/BTC had been holding since October 2022, a support that was broken on March 15. Whatever the reason for the underperformance, traders currently have little confidence in placing leverage bets, according to ETH futures and options data.
, occurred. It enabled a much lower, even negative, coin issuing rate. But, more importantly, the change paved the way for parallel processing that aimed to bring scalability and lower transaction costs to the Ethereum network., is the next step in the Ethereum network upgrade. The change will allow validators who previously deposited 32 ETH to enter the staking mechanism to withdraw in part or in full.
Nonetheless, declining demand for leverage longs does not necessarily imply an expectation of negative price action. As a result, traders should examineLark Davis on fighting social media storms, and why he’s an ETH bull — Hall of FlameThe 25% delta skew is a telling sign when market makers and arbitrage desks are overcharging for upside or downside protection. In bear markets, options investors give higher odds for a price dump, causing the skew indicator to rise above 8%.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum – Bitcoin NewsBinance boss CZ announced on Monday that the company had converted $1 billion $BUSD into bitcoin (BTC), BNB, and ethereum (ETH).
Les mer »
Bitcoin and Ethereum Extend Gains on Hopes of Less-Hawkish FedBitcoin and Ethereum have extended gains after an impressive rally on Monday, ensuing from the collapse of SVB and an injection of liquidity from US authorities.
Les mer »
Elon Musk Responds to Cathie Wood About Bitcoin (BTC), Ethereum (ETH) Rising in Current Bank Crash.elonmusk is worried that the banking crisis is similar to the start of the GreatDepression, but Bitcoin and Ethereum surge. CathieDWood $BTC $ETH
Les mer »
MEV Rewards on Ethereum Reach All-Time High During SVB Bank Run and USDC DepegLast Friday’s SiliconValleyBank collapse led to an all-time high in ETH MEV rewards, cryptauxmargaux writes for this week’s Valid Points newsletter.
Les mer »
Ethereum (ETH) Makes Biggest Comeback in 250 Days, Following 20% RallyUnexpectedly, $ETH shows biggest rebound in almost a year, while $ADA and $BLUR are becoming more popular among traders
Les mer »
Ethereum to begin final dress rehearsal today for Shapella upgradeAfter testing on Goerli, the developers plan to deploy it on the Ethereum mainnet next month, assuming a successful test.
Les mer »