Ethereum active addresses have continued to decline. This follows the market crash where the price of Ethereum had dropped to below $1,000 before staging another recovery. This decline has shown various implications for the digital asset and also points towards how investors could be feeling towards the digital asset. Activity Falls To 2020 Lows Data from the Block shows that the active addresses on the Ethereum network on a seven-day basis are down. These active addresses had hit a new… Source link

Key Insights: Bitcoin’s price saw a close to 56% drop in the second quarter of 2022. The global crypto market cap and most of the top crypto assets saw significant pullbacks and rangebound trajectories over the last three months. Largely stagnant futures and options markets and low trading volumes have been a bear market constant. A long and cold winter in the crypto bear market has left participants looking at price charts to seek relief in patterns. Top crypto assets – bitcoin (BTC) and Source link

Why being an early buyer of the Solana price is unnecessary Solana price is one of the charts to consider observing from an academic standpoint but is still unfavorable for trading in the short term. It is quite uncertain where the SOL price wants to go next.  Why lower gas fees is super bullish for the Ethereum price Ethereum price shows subtle signals that a bull rally could be underway. On July 4, 2022, the bulls are fighting neck and teeth to hold ground amidst… Source link

News Home Monday, July 04, 2022 02:55 PM | InvestorsObserver Analysts InvestorsObserver gives Litecoin an average long-term technical score of 59 from its… Source link

Ethereum price shows historically low gas fees. ETH price shows a bounce at a critical Fibonacci level. Invalidation of the uptrend is a breach below $878.  Ethereum price could make a run for the 200-week moving average at $1,200 and then some. Here are the factors to keep in mind. Ethereum price could start pumping Ethereum price shows subtle signals that a bull rally could be underway. On July 4, 2022, the bulls are fighting neck and teeth to hold ground… Source link

TL;DR Breakdown Litecoin price analysis suggests an upwards movement to $55 The closest support level lies at $50.61 LTC faces resistance at the $52.00 mark. The Litecoin price analysis shows that LTC finds support at the $50.00 level and has started to climb back towards the $55.00 mark. Currently, the bearish pressure is decreasing across the short term as the buyers gain momentum.  The broader cryptocurrency market observed a bullish market sentiment over the last 24 hours as most major… Source link

Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) It can be difficult to extrapolate the precise differences between a good sustainable product and temporary financial incentives in the world of crypto. Crypto-native products are extremely clunky, asking users to jump through any number of weird hoops just to move a bit of money around. But if moving that money around means that you can earn even more money, then that product can enjoy enormous traction. DeFi offers… Source link

After reaching a level last seen in November 2020, the average Ethereum gas fee is now below $1. Ethereum Gas Fees Falls The Ethereum network experienced transaction fees as low as 69 cents on Saturday, which has not happened in the previous 19 months. The following day, gas prices reached $1.57 or 0.0015 ETH, which is equivalent to December 2020’s numbers. Transaction costs on the network today ranged from 20 cents to merely 20 cents, with 20 cents being the highest. Gas prices in the… Source link

Bitcoin (BTC) rose to clip $20,000 for the first time in five days on July 4 as the Independence Day holiday brought some unexpected gains. BTC/USD 1-hour candle chart. Source: Tradingview.com $20,000 briefly reappears Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking to $20,085 on the day, its best performance since June 30. The pair had spent most of the holiday weekend at around $19,000, but the absence of Wall Street trading ultimately proved no obstacle for… Source link

Key Takeaways Bitcoin plummeted by 56% in Q2 2022. Meanwhile, Ethereum had a negative quarterly performance of 67%.  Low trading volumes and open interest point to further losses in Q3 2022.  Share this article Bitcoin’s status as a hedging asset was called into question in Q2 2022 after it suffered a steep drop in tandem with global financial markets. Ethereum has performed worse than Bitcoin with liquidity drying up across all major cryptocurrency exchanges. Low Liquidity Ahead… Source link