bitcoin

AmpliFi Announces Major Update Following Ethereum Merge

AmpliFi Announces Major Update Following Ethereum Merge

Zug, Switzerland–(Newsfile Corp. – September 11, 2022) – AmpliFi (#AMPLIFI), led by co-founder Christopher Silk and Jordan Tappan, announces it’s leveraging the Ethereum switch from Proof of Work to Proof of Stake and monetizing it. The first of its kind “decentralized crypto annuity” uses trade fees and platform fees to accrue Ethereum Validators, aiming to ultimately become the largest validator across all major blockchains. (Amplify logo) To view an enhanced version of this graphic, please… Source link

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Popular Analyst Says Ethereum (ETH) Could Teleport Up, Explains How Bitcoin (BTC) Could Look Really Good Fast

A popular crypto strategist is predicting a fresh leg up for Ethereum (ETH) while mapping out a bullish path for Bitcoin (BTC). In a new strategy session, pseudonymous analyst DonAlt says he’s keeping a close watch on how Ethereum reacts at the $1,700 level. DonAlt predicts that ETH will slice through the $1,700 resistance en route to his target of $2,500. “What we’re doing right now is basically we reclaimed that entire breakdown, so for me this is basically an entire… Source link

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Ethereum (ETH) Price Analysis for September 11

Ethereum (ETH) Price Analysis for September 11

The last day of the week is about to be neutral for the cryptocurrency market as some coins keep rising while others have faced correction. ETH/USD The rate of Ethereum (ETH) keeps rising, going up by almost 3% since yesterday. On the local time frame, Ethereum (ETH) is approaching the resistance level at $1,778. Even though the daily ATR has passed, a closure near $1,780 can be a prerequisite for a squeeze to $1,800 soon. On the bigger chart, the situation is also bullish as the… Source link

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Bitcoin short squeeze ‘not over’ as BTC price eyes 17% weekly gains

Bitcoin short squeeze ‘not over’ as BTC price eyes 17% weekly gains

Bitcoin (BTC) stayed higher into the Sep. 10 weekly close as optimistic forecasts favored $23,000 next. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $23,000 targets remain in place Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $21,730 on Bitstamp overnight — the most since Aug. 26. The pair managed to conserve its prior gains despite low-volume weekend trading conditions being apt to amplify any weakness. Among analysts, excitement was palpable going… Source link

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Ethereum blockchain braces for ‘monumental’ tech overhaul

An army of computer programmers scattered across the globe is set to attempt one of the biggest software upgrades the crypto sector has ever seen this week to reduce its environmentally unfriendly energy consumption. Developers have spent years working on a more energy-efficient version of the ethereum blockchain, a digital ledger that underpins a multibillion-dollar ecosystem of cryptocurrencies, digital tokens (NFTs), games and apps. Ethereum – the second most… Source link

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More Bitcoin! MicroStrategy, Unfazed By Bear Market, Wants To Buy More Crypto

The price of Bitcoin gained momentum Saturday, rapidly rising more than 10% to barrel past the $21,000 level. Market sentiment has become more bullish as a result of MicroStrategy’s U.S. Securities and Exchange Commission filing to sell $500 million worth of MSTR shares in order to purchase additional Bitcoin. As of this writing, Bitcoin is trading at $21,434, up 8.3% in the last seven days, data from Coingecko show. The publicly traded software company… Source link

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Bitcoin (BTC) Has 4 Reasons To Continue Recovering: Details

Bitcoin (BTC) Has 4 Reasons To Continue Recovering: Details

Arman Shirinyan First cryptocurrency’s rally might be far from over, according to analyst The most recent unexpected Bitcoin pump launched the first cryptocurrency back in the bullish range for the market, but it was not random and there were many signs suggesting an upcoming bounce. The same signs now project a continuation of the rally. Bitcoin futures market The negative funding of open interest and Bitcoin futures backwardation were the two main reasons that caused such a volatile… Source link

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Ethereum Eyes $1.8K Days Before Merge, BTC Steady Above $21K (Market Watch)

After the recent volatility, bitcoin seems calmer today but still stands tall above $21,000. Tezos is among the best performers from the mid-cap alts, while Ethereum continues to march towards $1,800 ahead of the long-anticipated Merge. Bitcoin Saw New Weekly High The primary cryptocurrency had a tough week as it plummeted to a six-week low in the middle of it at just over $18,500. This continued the recent trend of losing a lot of value since it dumped below $20,000 at the… Source link

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Historically Accurate On-Chain Indicator Suggesting Bitcoin (BTC) Bottom Is In, Says Analyst Benjamin Cowen

Closely followed crypto analyst Benjamin Cowen says a historically reliable on-chain indicator is suggesting that the bottom is here or very close for Bitcoin (BTC). In a new interview with Kitco News, Cowen pulls out Bitcoin’s supply in profit and loss chart, which shows what percentage of BTC coins are giving their holders a profit or a loss. The popular analyst says that the supply in profit and loss metric for BTC has historically coincided with long-term tops and… Source link

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