L2 protocols on the Ethereum blockchain reached a monthly all-time high with Optimism and Arbitrum leading the front The Ethereum network was still struggling with sustaining a improved momentum   Ethereum [ETH] layer-two (L2) protocols hit another landmark in proving its 2022 increased adoption as the gas consumption hit a monthly all-time high. This milestone was revealed by Paolo Rebuffo, a senior blockchain advisor and crypto entrepreneur. According to Rebuffo, who… Source link

L2 protocols on the Ethereum blockchain reached a monthly all-time high with Optimism and Arbitrum leading the front The Ethereum network was still struggling with sustaining a improved momentum   Ethereum [ETH] layer-two (L2) protocols hit another landmark in proving its 2022 increased adoption as the gas consumption hit a monthly all-time high. This milestone was revealed by Paolo Rebuffo, a senior blockchain advisor and crypto entrepreneur. According to Rebuffo, who… Source link

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The cryptocurrency market welcomed the sight of green across the board on Tuesday as concerns related to unrest in China faded from the minds of crypto traders who have begun to wade back into the market following the FTX-inspired downturn. Traditional markets weren’t so lucky as… Source link

Alex Dovbnya Famous trader John Bollinger has taken note of Litecoin’s recent rally In a recent tweet, famous trader John Bollinger has noted that Litecoin (LTC) has “woken up.” The price of one of the oldest altcoins is up 3.7% over the past 24 hours. It is currently trading at $76.97 on the Binance exchange.  Meanwhile, Bitcoin (BTC), the largest cryptocurrency, remains dormant, adding a mere 1.3%.card As reported by U.Today, Litecoin recently experienced a significant rally… Source link

Ether (ETH) rallied 5.5% in the early hours of Nov. 29, reclaiming the critical $1,200 support. However, when analyzing a broader time frame, the 24% negative performance in the past 30 days significantly impacts investors’ sentiment. Moreover, investors’ mood worsened after BlockFi filed for bankruptcy on Nov. 28. Newsflow remained negative after the United States Treasury Department’s Office of Foreign Assets Control (OFAC) announced a settlement with Kraken exchange for “apparent… Source link

Ether (ETH) rallied 5.5% in the early hours of Nov. 29, reclaiming the critical $1,200 support. However, when analyzing a broader time frame, the 24% negative performance in the past 30 days significantly impacts investors’ sentiment. Moreover, investors’ mood worsened after BlockFi filed for bankruptcy on Nov. 28. Newsflow remained negative after the United States Treasury Department’s Office of Foreign Assets Control (OFAC) announced a settlement with Kraken exchange for “apparent… Source link

How low can Bitcoin go? Market analysts, including the BitMEX co-founder Arthur Hayes and the co-founder of Mobius Capital Partners Mark Mobius, said the next target for Bitcoin is $10,000, which, if the prediction is realized, would inflict more pain on the already suffering industry. Shockwaves weeks after the collapse of the FTX crypto exchange are still being felt, with lending firm BlockFi the latest victim of the spreading contagion on Monday Other high-profile entities, such as Genesis… Source link

Ethereum rose back above $1,200 on Tuesday, ahead of the upcoming consumer confidence report from the United States. The price comes following a breakout above a key resistance level of $1,180. Bitcoin also climbed higher in today’s session, ending a five-day losing streak. Bitcoin Bitcoin (BTC) snapped a five-day losing streak on Tuesday, as prices moved away from a recent point of support. Following a low of $16,054.53 to start the week, BTC/USD surged to an intraday high of… Source link

Yuri Molchan Here’s how high Bitcoin price may jump in future, per influencer David Gokhshtein, and it’s not $1 million per coin Founder of Gokhshtein Media, crypto entrepreneur and enthusiast David Gokhshtein has taken to Twitter to share his thoughts on the future of the Bitcoin price and to comment on the recent manifold articles in the crypto media he has been seeing. It seems that Gokhshtein does not believe that Bitcoin will reach the whopping $1,000,000 level in any future… Source link

Source: TradingView The Ethereum price has risen by 3.5% in the past 24 hours, reaching $1,215 amid a 2% rise for the cryptocurrency market as a whole. Its current level also represents a 9% jump in the last seven days, with this rise following comments by Ethereum co-founder – and Cardano founder – Charles Hoskinson, who recently predicted that Elon Musk’s takeover of Twitter would result in significant cryptocurrency… Source link