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Ethereum News

CME Group Adds to Crypto Offerings With Ether Options

The exchange will allow traders to make bets and manage risk ahead of the Ethereum Merge. Derivatives marketplace Chicago Mercantile Exchange (CME) plans to start offering options for ether (ETH) futures on Sept. 12, the company said in a statement Thursday. The offering will add to CME’s existing crypto products, which include bitcoin and ether futures, and …

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Ethereum Hits a Monthly High above $1,500, Merging Events Continues Engulfing the Market

Ethereum (ETH) returned to levels last seen in June based on renewed momentum following those upcoming potential merging events. Market insight provider Santiment explained: “Ethereum’s return above $1,500 for the first time since June 12th appears to be happening as the crowd has little belief in this rebound. Despite this, the average ETH return of 30-day traders …

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Ethereum average gas fee falls down to $1.57, the lowest since 2020

For nearly two years, between Jan. 2021 and May 2022, the average gas fee required by the Ethereum network was roughly $40, with May 1, 2022 recording the highest average daily gas cost of $196.638. The Ethereum ecosystem’s biggest roadblock to mainstream dominance is often attributed to the extremely high transaction fees — known as …

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Ethereum $1K price support in danger as Q2 comes to a close

The latest ETH plunge has triggered a bearish continuation setup, with an interim downside target 20% below the current prices. Ethereum’s native token Ether (ETH) fell on the final trading day of Q2/2022, trading in sync with riskier assets amid persistent fears of higher inflation and rising interest rates. And it could result in further declines …

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