Ethereum price continues climbing above $600 as Conibase just announced its support for Eth2. More than $500 million worth of ETH has been staked inside the Eth2 deposit contract. Eth2’s phase 0 will launch on December 1 allowing everyone to finally stake their Ethereum coins. Coinbase, one of the largest exchanges in the world, announced its support for ETH2 enabling customers to stake on the exchange itself. Ethereum price aiming for $800 if buying pressure continues mounting up Ethereum is currently trading at $604, on the verge of breaking the 2020-high at $623. On the weekly chart, the digital asset seems to be facing only the $623 resistance level before a potential rise to $800. ETH/USD weekly chart Coinbase intends to enable customers to stake ETH2 and convert them into ETH coins and vice-versa. These features will be available starting in early 2021 for all eligible jurisdictions. The announcement is adding more credence to the bullish outlook for Ethereum price. ETH New Addresses chart Additionally, it seems that the number of new Ethereum addresses has seen a massive spike on November 27 from 170,250 to a current high of 352,640 per day. This is a significant growth showcasing the interest in the digital asset. In our latest technical analysis of Ethereum, we discussed the potential bullish price targets on the way up. It seems that a breakout above $624 would quickly push Ethereum price to the 1.618 Fib level at $720 on the 4-hour chart. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Forex Today: Dollar comes back to life on month-end flows FX Street 2 years Ethereum price continues climbing above $600 as Conibase just announced its support for Eth2. More than $500 million worth of ETH has been staked inside the Eth2 deposit contract. Eth2’s phase 0 will launch on December 1 allowing everyone to finally stake their Ethereum coins. Coinbase, one of the largest exchanges in the world, announced its support for ETH2 enabling customers to stake on the exchange itself. Ethereum price aiming for $800 if buying pressure continues mounting up Ethereum is currently trading at $604, on the verge of breaking the 2020-high at $623. On the weekly chart, the digital asset… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
