Ethereum Ethereum rose by 0.29% on Tuesday. Following a 6.66% rally from Monday, Ethereum ended the day at $731.76. A mixed start to the day saw Ethereum rise to an early morning intraday high $739.66 before hitting reverse. Falling short of the first major resistance level at $757.50, Ethereum slid to an early morning intraday low $688.00. Ethereum fell through the first major support level at $691.40 before briefly revisiting $738 levels. A second pullback saw Ethereum fall back to $703 levels… Source link

Ethereum Ethereum rose by 0.29% on Tuesday. Following a 6.66% rally from Monday, Ethereum ended the day at $731.76. A mixed start to the day saw Ethereum rise to an early morning intraday high $739.66 before hitting reverse. Falling short of the first major resistance level at $757.50, Ethereum slid to an early morning intraday low $688.00. Ethereum fell through the first major support level at $691.40 before briefly revisiting $738 levels. A second pullback saw Ethereum fall back to $703 levels… Source link

Ethereum price seems poised for a massive move as it has established a bull flag on the 12-hour chart. Most on-chain metrics have turned in favor of the digital asset. The interest in Ethereum seems to be stronger than ever as more users continue locking up their ETH coins inside the Eth2 deposit contract. The smart-contracts giant seems to be on the verge of a massive bullish move aiming for $1,000. Ethereum price aims for $1,000 as bulls remain strong Ethereum… Source link

New research from the cryptocurrency wallet ZenGo has shed additional light on front-running attacks happening on the Ethereum blockchain.  First outlined in “Ethereum Is a Dark Forest,” DeFi investors Dan Robinson and Georgios Konstantopoulos called attention to a variety of attacks by bots that were roving the Ethereum blockchain in search of prey.  The new report from ZenGo outlines how the researchers identified and isolated generalized front-running bots while evaluating their… Source link

Few seem to be bothered by bitcoin’s volatility on Tuesday, as the No. 1 cryptocurrency by market capitalization declined to the $26,000 level after its first-ever trades above $28,000 on Sunday. Many market participants are convinced retail and institutional investors will push bitcoin’s price higher after the holiday lull. Bitcoin (BTC) trading around $26,937.67 as of 21:00 UTC (4 p.m. ET). Gaining 0.37% over the previous 24 hours. Bitcoin’s 24-hour range: $25,875.05-$27,117.95… Source link

Christmas seems to have come bearing gifts for Bitcoin. Adding cheer to the festival celebrations, the world’s largest cryptocurrency scaled beyond the $27,000 price level over the past few days. As a result, the broader altcoin market has also been surging on the charts. The question now is – Will altcoins be able to sustain their momentum after an inevitable correction hits Bitcoin? Binance Coin seemed to have answered this question by posting gains at a time when Bitcoin moved… Source link

In May 2019, NFL offensive lineman Russell Okung wrote on Twitter that he wanted his salary to be paid in bitcoin, a type of digital currency. On Tuesday, he indicated that his wish had been granted. “Paid in Bitcoin,” he wrote on Twitter. Okung is receiving half of his $13 million base salary for the 2020 season in bitcoin, according to a news release from Strike, a company that helps users convert traditional money to the cryptocurrency. The company claims that Okung, who is now with the… Source link

Every year since 2016, I’ve made predictions about what the next year will bring for the industry. If you pay attention to the incremental change that occurs year after year, you realize everything is connected and you can foresee some exciting outcomes. 2021 will undoubtedly be a year for blockchain and crypto to take center stage economically, politically and socially. Here’s what I see coming.  This post is part of CoinDesk’s 2020 Year in Review – a collection of op-eds, essays… Source link

A worker uses a handheld cleaning tool to clean application-specific integrated circuit (ASIC) … [+] devices and power units mounted in racks inside the BitRiver Rus LLC cryptocurrency mining farm in Bratsk, Russia, on Friday, Nov. 8, 2019. Bitriver, the largest data center in the former Soviet Union, was opened just a year ago, but has already won clients from all over the world, including the U.S., Japan and China. Most of them mine bitcoins. Photographer: Andrey… Source link

Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice With Bitcoin reaching new highs, the altcoin market is also marching along. However, the pace at which the altcoin market rallies is not the same as Bitcoin’s. With peaks noted recently, the Litecoin [LTC] chart was witnessing a falling price. At press time, the value of the digital asset was $126.8. This has been a point of consolidation and a price swing… Source link