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Summary:Ethereum looked set to retest $400 as a result of general bullishness in the crypto-marketsHowever, Bitcoin’s dominance has continued to grow and ETH might have to wait for the BTC excitement to subsideBitcoin is on a path to close the month of October on a very bullish noteEthereum’s push towards
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Quick take:According to Weiss Ratings, buying and holding Bitcoin is a better option than holding ETH2017 was the first time ETH hit $300 when Bitcoin was at $1,000ETH is still in the $300 levels with BTC now 11x higherEthereum is a good trading instrument but Bitcoin is a better option
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There has been a boom in demand for Ethereum in recent times, with much of this stemming from the explosive growth of the DeFi sector.Although this demand has yet to result in any type of bullish price action, it does appear that its growing utility is bolstering its macro outlook.That
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Ethereum is still down by over 80% from its all-time high, but that hasn’t stopped cryptocurrency users from increasingly adopting the asset.Rafael Schultze-Kraft (@n3ocortex on Twitter), the chief technical officer of blockchain analytics firm Glassnode, recently shared the chart below. It shows that the number of new daily Ethereum addresses
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