Ethereum’s (CRYPTO: ETH) price has increased 8.53% over the past 24 hours to $2,982.78. Over the past week, ETH has experienced an uptick of over 13.0%, moving from $2,641.83 to its current price. As it stands right now, the coin’s all-time high is $4,878.26. The chart below compares the price movement and volatility for Ethereum over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility… Source link

Image source: Getty Images Staking Ethereum is not the same as other cryptos. Key points Coinbase said Ethereum is the most-staked asset on its platform. Staking is a way to earn rewards on your crypto and contribute to the network’s security. Staking ETH means tying up your coins until Ethereum… Source link

As of 5:25 a.m. ET on Tuesday, bitcoin had jumped 13% over the last 24 hours to $43,163, according to cryptocurrency tracker CoinDesk. Other cryptocurrencies moved higher, too. Ethereum climbed 10% Tuesday to reach $2,878. Dogecoin rose nearly 6% to about 13 cents apiece. Virtual currencies are traditionally seen as a risky bet, but as conventional assets experience curbs or greater volatility because of geopolitical tensions, some analysts believe they will gain more traction. According to… Source link

Bitcoin (BTC) hit $44,000 overnight on Mar. 1 as a rally that began Monday sparked unexpected results.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders warns of “massive variables” for BTC price Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $44,250 on Bitstamp before consolidating, still above $43,000 at the time of writing. The move had come in two main bursts, beginning just prior to the Wall Street open. Against a highly uncertain macro… Source link

The enhanced price fluctuations in the entire crypto market resulted in over $300 million worth of liquidations. Bitcoin’s 15% price surge, for one, became its largest one in over a year. The “special military operation” launched by Russian President Vladimir Putin against its western neighbor caused massive disruptions in financial markets last week. Bitcoin, being a highly volatile and free-market asset, dumped by about $5,000 in a day to a monthly low of just over… Source link

RSI, or relative strength index, readings hovered at the 71 level at the time of writing, suggesting further downside to the $86 level, where local support exists. RSI is a price-chart tool that calculates the magnitude of price changes. Readings above 70 show an asset is “overbought” and could see a correction, while under 30 suggest an asset is “oversold” and could see a price increase. Source link

In brief The cryptocurrency market is up nearly 11% over the last 24 hours. Bitcoin has popped 15% during the span and is back above $43,000, while Ethereum is flirting with a move back to $3,000. This morning’s rise in prices across the cryptocurrency market wasn’t a short-lived blip: the price of Bitcoin, Ethereum, and other top coins has continued to accelerate over the course of the day, with Bitcoin rising above $43,000 and Ethereum eyeing a move back towards $3,000. As of this… Source link

Litecoin (CRYPTO: LTC) is trading higher Monday and looks to be bouncing off support in a sideways channel. The crypto has been in a steady downward trend for the past few months, but could be turning around if the support level can hold. Litecoin was up 6.28% at $109.52 at time of publication. Related: After Trading Lower, Will Litecoin Get Its Groove Back? Litecoin Daily Chart Analysis Litecoin looks to be bouncing off the $100 support level, as it has a few times in the… Source link

Throughout the previous year, Ethereum‘s rising gas fee was among the biggest concerns of the cryptocurrency industry. Well, especially due to Ethereum’s major role in DeFi and NFTs. The rising gas fees had inadvertently led to more congestion. Hence, higher transaction time and costs. Ethereum’s development team has been breaking necks over fixing these issues. However, the gas fee appears to be regressing of late. Source: bitinfocharts In fact, Ethereum’s average network fee hit a… Source link

“I’m asking all major crypto exchanges to block addresses of Russian users,” Mykhailo Fedorov, vice prime minister of Ukraine and minister of the country’s digital transformation, tweeted on Sunday. “It’s crucial to freeze not only the addresses linked to Russian and Belarusian politicians, but also to sabotage ordinary users.” Source link