- At the time of writing, ETH is trading at $2040, up 4.07% in the last 24 hours.
- If the ETH price manages to go above $2079 level, then it will likely test $2136.
Trading and custody services for Bitcoin (BTC) and Ethereum (ETH), the two biggest cryptocurrencies, are now available to a small group of customers in Switzerland via Santander Private Banking International, a division of the Spanish financial services behemoth Banco Santander.
It has been reported that in the next months, Santander Private Banking International would add other cryptocurrencies to its list of supported cryptocurrencies for its crypto service, joining Bitcoin and Ethereum.
The decision is being hailed as courageous by market watchers since it comes at a time when most large banks favor dealing with tokenization and choose to steer clear of backing cryptocurrencies that run on public blockchains. This recent development will definitely boost widespread exposure of Bitcoin and Ethereum.
Since November 16, according to Santiment, the number of “whale transactions,” those involving at least $100,000 worth of ETH, has steadily decreased. In the last 24 hours, 1,184 of these transactions were registered, according to the data.
Bulls Striving Hard
At the time of writing, ETH is trading at $2040, up 4.07% in the last 24 hours as per data from CoinMarketCap. Moreover, the trading volume is up 25.37%. The overall crypto market has been witnessing an uptick amidst election results of Argentina.
If the ETH price manages to go above $2079 level, then it will likely move further to test $2136 resistance level. On the other hand, if the price manages to go below $1967 then it will likely test $1917. Breaking below this level will likely result in price declining all the way till $1860 support level.
