Right now, anyone who staked ether as part of the validator process on the Beacon Chain has not been able to withdraw their stake or their rewards directly. Instead, anyone hoping to access those funds has had to rely on liquidity tokens representing their assets. Source link

Back in September, David Schwartz, the Chief Technology Officer (CTO) of Ripple and one of the original architects of the XRP Ledger, presented his thoughts on an Ethereum Virtual Machine (EVM) sidechain. His idea was to enable the execution of Ethereum smart contracts on the XRP Ledger (XRPL) and thus lower the entry barriers for developers. Today, the XRPL ecosystem is one step closer to achieving this goal. As reported by Mayukha Vadari of RippleX Developers,… Source link

Illustration: Gabriella Turrisi/Axios Bitcoin as a safe haven against inflation, once accepted wisdom for crypto proponents, is proving questionable. Why it matters: In the face of persistently high consumer price index prints, the world’s largest and oldest digital asset has crumpled, eroding investor confidence that it can act as a safe haven during times of market turmoil. State of play: Bitcoin has a sufficient history now to offer a dataset to be parsed and mined for patterns, giving way… Source link

Litecoin price prints a bullish outlook with a double-bottom pattern on the four-hour chart. Active addresses grew by 64.43% in October, hinting at a potential volatility spike. LTC must regain ground marginally above $53.00 to validate the predicted 14.00% move to $60.61. Litecoin price is in the green, as is the case with most cryptocurrencies on Monday. The bullish turnaround to $51.92 comes several days after LTC validated a symmetrical triangle breakout to… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The higher timeframe structure remains bearish for Litecoin Reaction at the $52 zone could reveal the path forward Litecoin [LTC] has faced resistance at the $55 mark since mid-September when the price crashed from $58 to $50. In October, LTC faced rejection at this resistance yet again. The downtrend of the past two weeks was pronounced on… Source link

Ethereum (ETH) price is noting a minor uptick on the daily chart, but technical data paints a shaky picture of the coin’s short-term trajectory.  Ethereum price, much like the larger cryptocurrency market, was stuck in a rut, apart from the occasional gains from some altcoins. Bitcoin and Ethereum, the top two coins, have more or less maintained a range-bound momentum failing to cross over their immediate resistance marks.   Despite the larger market’s sluggish momentum, Ethereum saw… Source link

ETH makes a Monday move with stocks. ENS rises 10% for the week. Huobi Token tops the market after sale. APE risks SEC scrutiny. ETH The Ethereum price was higher by 0.25% over the last week after a rally on Monday. Stock markets are showing signs of life at the start of the week and that will support cryptocurrencies. ETH Price Index Last week saw inflation dip on the month but it was still at decades highs…. Source link

Bitcoin (BTC) headed toward $20,000 as United States equities gained at the Oct. 17 Wall Street open. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks climb as U.S. dollar heads lower Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $19,672 on Bitstamp, up 3.5% versus the weekend’s lows. The pair rose in line with stocks, with the S&P 500 and Nasdaq Composite Index gaining 2.7% and 3.2%, respectively within thirty minutes’ trading. The action… Source link

Bitcoin started the week trading above $19,000, as bulls made a sluggish return to the token, following recent sell-offs. Ethereum also rallied on Monday, after a brief stint trading below $1,300. Overall, the global crypto market is down 1.19% as of writing. Bitcoin Bitcoin (BTC) was trading marginally higher on Monday, as bull began to return to crypto markets following recent sell-offs. Following a low of $19,118.19 on Sunday, BTC/USD raced to an intraday high of $19,491.33… Source link

Ethereum, the undisputed ruler of the altcoin market, is now stuck in a bear market as the token struggles to break the $1,300 resistance level. However, the current market price is $1,302.87, only 0.22 percent more than the key psychological buy point. Despite how good this sounds, the way the market is moving right now, the bear market is likely to continue this month, which is not good news for ETH. The possibilities of a bear market recovery for ETH are slim… Source link