Altcoins have been collectively rallying over the last couple of days. On the weekly, most of the top alts have managed to pose double-digit return figures. However, one particular alt that had been living under the shadow of the alt king Ethereum, has been stealing the limelight of late. While the likes of Cardano, XRP, Solana, and Dogecoin had their 7-day RoI capped under 20%, the #22nd ranked Ethereum Classic, has climbed up by 77%. The token has managed to pull off a 180-degree flip… Source link

Ethereum Classic (ETC) has been outperforming its arch-rival Ethereum’s native token Ether (ETH) during the current crypto market rebound with the ETC/ETH pairs at 10-month highs. Why is ETC beating ETH? ETC’s price has risen to $27 on July 22, amounting to a 100% gain in nine days after bottoming out at $13.35. Comparatively, ETH’s price has seen a 64% rally in U.S. dollar terms. ETC/USD versus ETH/USD daily price chart. Source: TradingView Ethereum’s rebound has been among the sharpest among… Source link

Key Takeaways Ethereum is currently presenting a sell signal on the daily chart. The bearish formation comes after ETH rallied 40%. A spike in profit-taking could push ETH to the $1,300 support level. Share this article Ethereum could be on the verge of a significant correction after gaining more than 400 points in market value over the past week. Still, on-chain data shows that ETH is sitting on a stable support level. Ethereum Flashes Sell Signal Ethereum appears to be trading in… Source link

Ether (ETH) was up 9% on the day, extending this month’s spectacular rally, with a 52% price gain in July alone. On Thursday, Ethereum co-founder Vitalik Buterin spoke about the network’s upcoming Merge at the Ethereum Community Conference in Paris. He said that in terms of Ethereum’s overall network development, the protocol will be “55% complete once we finish the Merge.” Thus, there is much more work for developers ahead. Source link

Ethereum was back in the green on Friday, as bulls returned to action following yesterday’s selloff. Crypto markets set aside concerns over Tesla’s bitcoin sale, extending this week’s rally in the process. Bitcoin was also up in today’s session, as it headed back towards $24,000. Bitcoin Bitcoin (BTC) prices rose on Friday, as markets rebounded following yesterday’s Tesla-led selloff. The world’s largest cryptocurrency climbed to an intraday high of $23,663.72 in… Source link

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Monero (XMR) spiked to its peak levels in three months, in the face of challenges in the crypto market. XMR has been gaining momentum since June 13 as it has been enjoying highest highs over the past few months. The token has been on an uptrend for the fourth day in a row and today it’s at fever-pitch with an intraday high beaming at $153.09 3hich is considerably the highest gain it has had since June 13. With this big move, XMR/USD has set its targets on a new resistance level at $155,… Source link

After the developers working on the Ethereum (ETH) network tentatively scheduled the Merge upgrade for September, analysts interested in the cryptocurrency market are looking at past information to predict the token’s activities after the update. One of them is Lucas Outumuro, the director of research at data analytics startup IntoTheBlock, who posted a chart on his Twitter account on July 22, demonstrating the historical data of Ethereum’s net issuance, as well as its projection… Source link

Yesterday, Ethereum (ETH) held on exchanges hit a four-year low following record staking figures on Ethereum 2.0 (the network’s incoming upgrade, recently rebranded to “Consensus Layer”). Centralized exchanges tracked by the analytics platform Glassnode currently hold 19.09 million Ethereum, a metric which was just under 20 million in July 2018, suggests Glassnode data. Moreover, Ethereum held on exchanges has plummeted by 10% from 21.191 million over the past five days. These data… Source link

  Bitcoin price moves higher above USD 23,000. Ethereum surpassed USD 1,620, XRP inches higher above USD 0.35. Multiple altcoins are up in double-digits. Bitcoin price remained well supported and moved above the USD 23,000 zone. BTC even climbed above the USD 23,400 level and is currently (10:20 UTC) up 2% in a day and 13% in a week. Similarly, most major altcoins are showing signs of more gains. ETH surged almost 9% and was able to… Source link