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Ethereum rose above $1,700, while bitcoin snapped a seven-day losing streak on Friday, with prices rebounding in today’s session. The move came ahead of this afternoon’s payrolls report, which is expected to show that 250,000 jobs were added to the U.S. economy in July. Bitcoin Ahead of the nonfarm payrolls report, bitcoin (BTC) was back in the green on Friday, as the token rebounded following recent declines. Following a low of $22,485.70 in Thursday’s session, BTC/USD rallied… Source link

Ethereum’s Merge date is days away and the countdown has many people wondering about the fate of layer-2 scaling solutions. You may have noticed Ethereum-associated cryptocurrencies and tokens such as MATIC are up substantially in the last few weeks. However, the move to proof of stake will solve some of the scalability issues associated with Ethereum, thus the curiosity about the future of L2s. Polygon is one of the layer-2 solutions whose future might be at stake due to… Source link

  Bitcoin price is facing resistance near USD 23,500. Ethereum could rally if it clears USD 1,680, XRP eyes a test of USD 0.40. The best performer today, FLOW, increased its gains to more than 50%. Bitcoin price climbed above the USD 23,000 level and is currently (10:44 UTC) trading near USD 23,160. BTC is up over 1% in a day and down 3% in a week. Similarly, most major altcoins are trading in a key range. ETH might clear USD 1,680… Source link

Text size Crypto prices have rallied over the past month. Dreamstime Bitcoin and… Source link

Bitcoin (BTC 1.52%) stands as one of the most explosive investments in history. The cryptocurrency is up more than 3,900% over the past decade alone. However, the market-leading cryptocurrency has also seen a big valuation pullback and now trades down roughly two-thirds from its high. What comes next for Bitcoin? Read on to see two Motley Fool contributors outline bull and bear cases for the world’s most valuable cryptocurrency.  Image source: Getty Images. Bull case:… Source link

Since 2016, over 44 million contracts have been deployed on Ethereum [ETH]. Interestingly, the number has been on the rise.  Users might have imagined that all smart contracts would have contributed to exchange interactions and Decentralized Applications (DApps) management. However, it has been a little different from the public’s perspective. Source: Electric Capital The details According to an engineer from crypto venture firm Electric Capital, only 15 million out of the 44 million live… Source link

Skybridge Capital’s founder says bitcoin’s fair market value is about $40,000 based on adoption, wallet size, use cases, and growth of wallets. The asset management firm also estimated ethereum’s fair market value at around $2,800. Skybridge Capital on the Fair Values of Bitcoin and Ethereum Anthony Scaramucci, founder and managing partner at global asset management firm Skybridge Capital, shared his firm’s predictions on the fair market values of bitcoin (BTC) and ether ( Source link

Ethereum price was trading laterally between the $1,700 and $1,600 price mark. At the moment Ethereum was standing firm on the $1400 support line. Over the last 24 hours, Ethereum price depreciated over 4%. Bearishness started to prevail on ETH’s chart and technical outlook pointed towards the same direction. For the bulls to resurface Ethereum price needs to climb above the $1,745 price ceiling. Incase ETH manages to break past the $1,745 price mark and remains above that level, chance… Source link

Litecoin is gradually recovering from the heavy discount it received in the last few months. It might take a while for the market to recover to previous highs. Holders can still earn some passive income as they wait for the recovery. But is this really a healthy option in light of the recent market events in May? The Terra UST crash was the biggest eye opener to the dangers that might be associated with staking. DeFi staking and lending platforms have been put to the test by… Source link