Yearly Archives: 2022

Tornado Cash Fallout: Can Ethereum Be Censored? – CoinDesk

Tornado Cash Fallout: Can Ethereum Be Censored? – CoinDesk

“The legal conception of ‘facilitation’ or ‘aiding/abetting’ can be very broad,” Shapiro wrote in a message to CoinDesk. “Validators who do not propose a block containing a sanctioned [transaction], but nevertheless sign an attestation for that block as part of the sequence of events leading to that block becoming finalized, might be guilty of facilitating or aiding/abetting the sanctioned [transaction], and thus might be violating sanctions laws (or other laws, as applicable).” Source link

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Ethereum Finally Flipped Bitcoin, But There’s Catch

Ethereum Finally Flipped Bitcoin, But There’s Catch

Arman Shirinyan Ether has flipped Bitcoin in one important metric, which may set trend for future Ahead of the fundamental Merge update, Ethereum’s trading activity is blossoming with the options open interest overtaking Bitcoin for the first time in history, which technically becomes the first flippening of Bitcoin by Ether, just not in terms of market dominance. Ethereum options open interest have reached $8.2 billion, while Bitcoin’s options open interest is somewhere around $5.4… Source link

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Bitcoin price sees firm rejection at $24.5K as traders doubt strength

Bitcoin price sees firm rejection at $24.5K as traders doubt strength

Bitcoin (BTC) returned to range resistance on Aug. 17 amid ongoing concerns that a retracement is imminent. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView No success for Bitcoin bulls Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $24,448 on Bitstamp, up 3.25% from the previous day’s low before diving $600 in under an hour. The momentum gained speed on the day, but the bulls faced familiar resistance at levels keeping them broadly in check since… Source link

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Ethereum Indicators Suggest ETH at Potentially Significant Turning Point

Ethereum is slowly moving lower below $1,900 against the US Dollar. ETH must stay above $1,850 to avoid more losses in the near term. Ethereum started a downside correction below the $1,920 level. The price is now trading below $1,920 and the 100 hourly simple moving average. There is a key declining channel forming with resistance near $1,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to decline if it stays below $1,900 and $1,950. Ethereum Price Faces… Source link

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Bitcoin: What you should learn from BTC’s new ownership trends

Bitcoin has been experiencing a change in holding maturity among owners in recent months. This is further reflected in a significant transfer of wealth with long-term holders capitulating their holdings. A subsequent accumulation has taken place which puts Bitcoin in the hand of low-cost basis owners. A tale about Bitcoin Following the Luna collapse in May there has been a significant changing pattern among long-term holders (LTH). LTH supply has been range bound between… Source link

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Ethereum Price Rejected At The $2,000 Level, Will It Retrace To $1,700 Soon?

Ethereum price has retraced over the past few days, in the last 24 hours the coin depreciated 2%. The current price action pointed towards consolidation. In the past trading sessions, ETH has retraced beneath the $1,900 price mark. Continued consolidation for Ethereum has now pushed Ethereum price close to $1,800. In case the king altcoin is unable to break past the $1,800 level, it would be targeting the next support level for the coin. Technical outlook had turned bearish as the coin was… Source link

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Ethereum traders going long with $4k price target might not know this

Ethereum‘s upcoming Merge might just turn out to be the most anticipated event in crypto ever. Enthusiasts from the Ethereum community as well as other networks have showcased interests in the same. But the question is- can the reality meet the expectations? Betting on you  Cryptocurrency traders’ enthusiasm seems to be turning towards the north after a series of corrections. That is to say, traders’ enthusiasm to sell has subsided, especially as BTC and ETH noted… Source link

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Ethereum traders going long with $4k price target might not know this

Ethereum‘s upcoming Merge might just turn out to be the most anticipated event in crypto ever. Enthusiasts from the Ethereum community as well as other networks have showcased interests in the same. But the question is- can the reality meet the expectations? Betting on you  Cryptocurrency traders’ enthusiasm seems to be turning towards the north after a series of corrections. That is to say, traders’ enthusiasm to sell has subsided, especially as BTC and ETH noted… Source link

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Decoding if Bitcoin is headed for a $32k run in coming days

Back and forth— that has been the momentum of Bitcoin [BTC] since it hit $25,000 on 15 August. While investors may have hoped for a further uptick, it has not been the case that BTC consolidated around the $23,800 support level. Earlier, there had been talks of BTC showing bearish momentum as these projections emerged from unsurprising corners. Economist and extroverted Bitcoin revolter Peter Schiff stated that the number one cryptocurrency was on its way to the ruins…. Source link

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