Ethereum’s native token, Ether (ETH), is not immune to downside risk in September after rallying approximately 90% from its bottom of around $880 in June. Much of the token’s upside move is attributed to the Merge, a technical upgrade that would make Ethereum a proof-of-stake (PoS) protocol, slated for Sep. 15. But despite logging impressive gains between June and September, Ether still trades almost 70% below its record high of around $4,950 from November 2021. Therefore, its possibility… Source link

This week in coins. Illustration by Mitchell Preffer for Decrypt. The prices of crypto market leaders Bitcoin and Ethereum typically move together. But some weeks form an exception, and this was just such a week.  Bitcoin, the No. 1 cryptocurrency in the world with a $380 billion market cap, fell another 2% over the past week and trades for around $19,860 on CoinMarketCap at the time of writing on Saturday morning. Ethereum, the No. 2 crypto asset with a market cap of $190 billion, rose a… Source link

As Keidun explains, one additional key will belong to a fourth holder, which, together with Hodl Hodl, will ensure security of the funds. These fourth key holders, as Keidun calls them, will be one of the small pool of reputable bitcoin companies, including Casa Hodl, Blockstream and Jan3, a startup by Blockstream’s former chief strategy officer, Samson Mow. All three companies confirmed their involvement. Source link

Monero achieves an average risk analysis based on InvestorsObserver research. The proprietary system gauges how much a coin can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk. InvestorsObserver is giving Monero a… Source link

Following a brief rally above $20,000 and $1,600 respectively, bitcoin and ethereum fell below these levels to start the weekend. The decline comes as momentum surrounding yesterday’s nonfarm payrolls report faded. Bitcoin moved closer to its support point of $20,500, while ethereum was trading close to its floor of $1,550. Bitcoin Bitcoin (BTC) was back below $20,000 to start the weekend, as prices of the token moved closer to a key support point. Initial bullish momentum following… Source link

Bitcoin (BTC) traded below $20,000 on Sep. 3 as commodities declined on news of a G7 Russian energy ban. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView All down after gloomy macro week Data from Cointelegraph Markets Pro and TradingView showed ongoing lackluster performance on BTC/USD, which traded around $19,800. The largest cryptocurrency looked increasingly unable to flip $20,000 to firm support as the weekend began, and the mood among market participants was jaded. Eyeing the… Source link

Litecoin price holds it firmly together for the first week of September and is set to print a good week. LTC price opening next week will be key whether it is above the technical hurdle.  Once the bulls play this setup right, a bullish breakout could be granted. Litecoin (LTC) price could be set up for a very bullish ride, while most cryptocurrencies are under the scrutiny of the stronger dollar and the dire economic environment. From a purely technical point of… Source link

Andrew is a blockchain developer who developed his interest in cryptocurrencies while his post-graduation. He is a keen observer of details and shares his passion for writing along with being a developer. His backend knowledge about blockchain helps him give a unique perspective to his writing Source link

Ethereum [ETH] co-founder Vitalik Buterin has taken another dig at Bitcoin [BTC]. In a recent interview with Noah Smith, the Russian-Canadian crypto creator made a statement. This was not the first time that Vitalik claimed superiority over the number one cryptocurrency in market value.  In 2021, he told CNN that Bitcoin could get left behind. At another time, he was at loggerheads with ex-Twitter CEO and Bitcoin maximalist Jack Dorsey over the same issue. Now, Vitalik has… Source link

Andrew is a blockchain developer who developed his interest in cryptocurrencies while his post-graduation. He is a keen observer of details and shares his passion for writing along with being a developer. His backend knowledge about blockchain helps him give a unique perspective to his writing Source link