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CME Announces Micro ETH Futures

Ethereum hits a new all-time high above $4,600

Ethereum prices have hit an all-time high of $4,635 during the Asian trading session on Wednesday morning, according to CoinGecko.

The world’s largest smart-contract network has used weekly momentum to reach a new peak and record a 6% increase on the day. Over the past seven days, ETH has added 10%, and it is up 34% over the past month. At the time of writing, Ethereum prices had cooled off to trade at $4,580.

PrimeXBT partner, “BTCyzantinKs General”, commented that it was unlikely that any tokens would outperform ETH in the next few months.

$ETH making new all time highs while funding rates are low, meanwhile the rest of the market has very high rates.

I think the most important question at this point is “What’s going to beat ETH in the next couple of months?”.

And the answer is likely to be “not much”. pic.twitter.com/CAQCrunEwI

— BTCyzantinKs General (@ByzGeneral) November 3, 2021

Ethereum Fundamentals

A popular analyst believes that Bitcoin could tap a new ATH and suck liquidity out of the rest market, just as it has in past market cycles. The momentum is with Ethereum at the moment as new participants are being added to DeFi and NFTs.

He said that the market pumps in two ways, either BTC and ETH.

“It’s essentially a tech (ETH), versus money (BTC), argument. I’m not saying tech is worth more, I’m just saying the market values the tech more at this point in time.”

Ethereum has dropped in value more than Bitcoin. This means that investors are hoarding ETH to generate DeFi yields. There were many arguments against his assertion, with others saying that rival Blockchain tokens like SOL, AVAXX, DOT and RUNE will outperform Ethereum.

As reported by CryptoPotato, the Ethereum network settled a record $536 billion during Q3, 2021.

Deflationary Economics

Ethereum’s monetary economic model will also keep prices up. Over the past week or so, Ethereum issuance has actually been deflationary because more has been burnt by EIP-1559 than has been mined.

According to the Ultrasound.Money fee burning tracker, 741,000 ETH, has been destroyed since early August. This is equivalent to $3.4 Billion going up in smoke at current prices. At current burn rates, the Ethereum network destroys 15,000 ETH, or $68.7 million, every day.

While central banks continue to print and devalue fiat currencies, deflationary ones based on technology are very appealing.

CME Launched Micro ETH Futures?

The most recent price pump occurred shortly after the Chicago Mercantile Exchange had announced a new ETH initiative. According to a press release from PR Newswire, Micro Ether futures are sized at a mere tenth of the asset’s size. They retain all the benefits and features of CME’s Ether futures.

The product is launched months after CME launched Micro Bitcoin futures. These are sized at one-tenth of the size of BTC. Since May’s launch, more than 2.7 million contracts have been traded. Meanwhile, Ether futures have traded 675 000 contracts since launch, amounting to about 33.8 million ETH.

Both Micro Ether

and Micro Bitcoin Futures allow organizations to fine-tune trading for each cryptocurrency. As both Ether and Bitcoin have recently reached all-time highs, trading each at full value can be rather imprecise.

Tim McCourt, CME Group Global Head Equity Index and Alternative Investment Products.- understands why Micro Ether futures are necessary.

” Since February’s launch of Ether futures, we have witnessed steady growth in liquidity, particularly among institutional traders. At the same time, the price of ether has more than doubled since these contracts were introduced, creating demand for a micro-sized contract to make this market even more accessible to a broader range of participants.”

Micro Ether futures will be settled in cash, according to the CME CME CF Ether Dollar Reference Rate which adjusts every day.

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Ethereum

Is Ethereum (ETH) The Most Obvious Trade in 2025?

TL;DR

  • ETH is the subject of multiple optimistic predictions, with some well-known analysts forecasting a rise to a new ATH soon.
  • Rising spot ETH ETF inflows reflect growing institutional interest and bullish momentum. However, recent positive exchange netflows hint at possible sell pressure ahead.

Is ETH the Right Horse?

Ethereum (ETH) has rebounded from the multi-year low of under $1,400 in April and currently trades at well above $2,500. 

Its resurgence brought back optimism among industry participants, with many viewing it as an attractive investment opportunity. The X user Crypto Rover (who has over 1.2 million followers) recently argued that ETH “is the most obvious trade in 2025.” 

$ETH is the most obvious trade in 2025! pic.twitter.com/NhywHpRnzT

— Crypto Rover (@rovercrc) June 19, 2025

He claimed the asset’s latest rally resembles the one from 2020, which continued until the end of 2021 when the price reached an all-time high of just south of $5,000. 

Crypto Caesar touched upon ETH’s positive performance in the past hour, summarizing that “it’s looking good for now.” The analyst urged investors to remain patient, claiming that only the potential outbreak of World War III could derail the bullish momentum.

Crypto Fella believes ETH’s next rally is a matter of when not if. The X user envisions new peak levels ahead, though the price may dip before heading higher.

Those willing to explore additional recent forecasts involving Ethereum can refer to our dedicated article here.

What Are the Indicators Signaling?

Over the past several weeks, there has been an evident influx of capital toward spot ETH ETFs. Data compiled by SoSoValue shows that the last day when the netflow was negative (outflows exceeding inflows) was on May 15.

Spot ETH ETF Inflows
Spot ETH ETF Inflows, Source: SoSoValue

The development generally indicates that a rising number of investors have been buying shares of these funds, showcasing their confidence in the asset. Spot ETFs hold actual ETH, so these purchases can benefit the bulls. 

Nonetheless, it’s not all sunshine and roses. The Ethereum exchange netflow has been predominantly positive in the last few days, suggesting that some investors have moved their holdings to centralized platforms. This is typically considered a pre-sale step and might have a negative influence on the valuation.


ETH Exchange Netflow
ETH Exchange Netflow, Source: CryptoQuant
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Ethereum Price Analysis: ETH Consolidation Continues as Bullish Momentum Starts to Fade

Ethereum has entered a consolidation phase after a strong rally in the last couple of months. The price has been ranging between key support and resistance zones, with multiple failed attempts to break above the $2,700–$2,800 region.

Despite the lack of immediate trend continuation, on-chain fundamentals such as exchange reserves hint at significant structural shifts. This sets the stage for potential volatility ahead as the market prepares for its next directional move.

Technical Analysis

By ShayanMarkets

The Daily Chart

On the daily timeframe, ETH remains inside an ascending channel, consistently finding support around the $2,400 area while struggling to break above the $2,800 mark.

The upper boundary of this channel, combined with the 200-day moving average and a key order block formed in February, is acting as a heavy resistance element. Each test of this level has led to a rejection, but so far, the structure hasn’t broken down, indicating that bulls are still in control for now.

Momentum, however, is weakening. The RSI hovers around the midline at 51, reflecting indecision and a lack of strong directional drive. If ETH can reclaim the upper range and flip the $2,700–$2,800 area into support, it could initiate a new leg higher toward $3,000 and above. On the flip side, a breakdown below $2,400 would shift the bias bearish, exposing the $2,150 support zone.

The 4-Hour Chart

Zooming in on the 4H chart, ETH is still grinding within the same rising channel. After the recent drop from $2,875 to $2,430, the price retraced into the 0.5–0.618 Fibonacci zone, but has been rejected to the downside and is now consolidating below it. This area, between $2,600 and $2,700, has repeatedly acted as a supply zone, rejecting bullish attempts multiple times. For short-term traders, this remains the key level to flip.

Until this resistance breaks, ETH may continue its range-bound behavior. The RSI has recovered slightly from oversold conditions, now sitting near 52. While this suggests a slight uptick in momentum, there’s still no clear sign of bullish dominance. If the bulls fail to break above this key fib zone soon, another drop toward the lower boundary of the channel near $2,400 is likely.

Sentiment Analysis

One of the most important long-term signals for Ethereum remains the consistent downtrend in exchange reserves. Currently sitting at 18.8 million ETH, this is one of the lowest levels in recent history. Exchange reserve data indicates how much ETH is held on centralized trading platforms, meaning a downtrend signals that coins are being withdrawn into self-custody, staking, or cold wallets.

Historically, sustained drops in exchange reserves suggest a supply squeeze narrative building beneath the surface. Fewer tokens on exchanges reduce the available selling pressure and can lead to explosive upside when demand rises.

Even as ETH struggles to break out technically, this silent accumulation phase shows confidence among long-term holders. If this trend continues, it may act as a powerful tailwind once technical resistance levels are finally breached.

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

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Ethereum

Trump-Tied Company Files for Dual Bitcoin and Ethereum ETF Product

Trump Media & Technology Group (TMTG), parent company of Truth Social, has partnered with investment firm Yorkville America Digital to file for a spot bitcoin and ethereum exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Truth Social Owner Seeks Approval for 3:1 Bitcoin-Ethereum ETF The “Truth Social Bitcoin and Ethereum ETF…
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