Ethereum is edging closer to the Merge right now, with the launch scheduled for 15 September. The Merge has already given a sharp boost to Ethereum [ETH] trading over the past month. According to data from Coin Glass, the number of Ether contracts that have not been settled has doubled to just over $8.43 billion. In September alone, the total derivatives volume for Ether was close to $87 billion, compared to over $67 billion for Bitcoin. This reflects on the growing sentiment… Source link

A popular analyst says he has his radar locked on a number of altcoins that are high on his list for accumulation including Ethereum (ETH) and Polkadot (DOT). Crypto strategist Michaël van de Poppe tells his 624,700 Twitter followers that he believes the crypto markets are giving long-term bulls the opportunity to accumulate digital assets at deeply discounted prices. In addition to leading smart contract platform Ethereum and interoperability chain Polkadot, Van de Poppe says… Source link

On September 1, Vitalik Buterin conducted an interview with the economics author Noah Smith and the co-founder of Ethereum spoke an awful lot about Bitcoin and the network’s long-term security. Buterin also discussed the crypto economy’s crash and said he was “surprised that the crash did not happen earlier.” Buterin: Bitcoin Is ‘Not Succeeding at Getting the Level of Fee Revenue Required to Secure What Could Be a Multi-Trillion-Dollar System’ Ethereum’s co-founder… Source link

Bitcoin [BTC] is looking to add to traders’ woes in September, despite two major upgrades across the crypto-industry. Furthermore, Ethereum is set release the Merge on 15 September while Cardano is set to launch Vasil a week later. These long-awaited upgrades are expected to alter trader sentiment across the industry. However, recent data shows a different story as long as Bitcoin is concerned. CryptoQuant analyst ‘Maartunn’ recently shared his briefing about a highly… Source link

As a disclaimer, the volume data comes from skew, which aggregated across seven trusted exchanges (Kraken, LMAX Digital, ItBit, Bitstamp, Gemini, Coinbase and FTX). As such, the absolute volume number is understated, but it works for comparison purposes. Source link

The upcoming Ethereum merge is being considered a big crypto project event. The community sees this as a significant factor in rallying the ETH price in the future. Therefore, as the date of merge, September 15, is approaching, the Ethereum network is attracting a significant increase in activity. According to data from Ethereum-focused blockchain research firm, Etherscan, the network has 204,571,827 total wallet addresses as of September 2. Similarly, the… Source link

Ethereum (ETH) creator Vitalik Buterin has an idea for what the state of Bitcoin (BTC) will look like twenty years from now. In a new interview with economist Noah Smith, Buterin says that in the medium term, he thinks crypto assets will become about as volatile as gold or the stock market, moving away from the big bubble and crash phases of the past. The crypto visionary also says that even though crypto could satisfy a few key narratives in the next two decades, mainstream… Source link

Arman Shirinyan Ethereum might show us more volatility in upcoming week as price reaches important local support Following some positivity in the last week of trading, Ethereum has entered the short-term local correction trend and will most likely be tested in the upcoming week as it reaches the important support level that stayed intact for the last 50 days. The drop below it will mark the continuation of the downtrend. The trendline support we have mentioned is the line that… Source link

The flexibility behind running Bitcoin (BTC) mining operations can be vital to solving the real-world problems that stand in the way of the energy industry, suggests Arcane research. One of the biggest concerns authorities raise when it comes to Bitcoin’s mainstream adoption is its energy requirements. While innovations in chipset manufacturing have helped reduce operational costs related to Bitcoin mining, a report from Arcane reveals the market’s potential to transform the energy… Source link

News Home Saturday, September 03, 2022 05:05 PM | InvestorsObserver Analysts InvestorsObserver gives Litecoin a strong long-term technical score of 89 from its… Source link