Ethereum gained pace above the $3,500 resistance against the US Dollar. ETH price is consolidating and might eye more gains above the $3,550 resistance. Ethereum started a fresh increase after it cleared the $3,450 resistance. The price is now trading above $3,500 and the 100 hourly simple moving average. There is a key rising channel forming with support near $3,455 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it manages to stay above the… Source link

Ethereum price continues to make successive moves higher over the weekend, creating a new three-month higher on Saturday. Dip buying continues, but bullish conviction is tested against the $3,500 price level. A 12% pullback is likely if bulls fail to close above $3,500. Ethereum price action is at an inflection point. All eyes are on Ethereum to see how it reacts to the $3,500 level this week. Failure to close above could likely result in a swift return to $3,000… Source link

This post was first published on Medium. Read Delegation in Bitcoin. We introduce a simple yet universal delegation mechanism, an alternative to the script-level delegation we have developed. Transaction-Level Delegation Let us say Alice wants to delegate her UTXO to Bob. She creates a transaction of two inputs: one spending her UTXO and the other spending Bob’s UTXO. She signs her input using sighash flag SIGHASH_NONE, meaning all outputs of the transaction can be malleated. She… Source link

The man claiming to be Satoshi Nakamoto, the creator of bitcoin, said in a recent interview that he does indeed plan to sell his huge stash of the digital coins at some point, a report says. Craig Wright, who says he is the creator of bitcoin, has a supply of around 1.1 million bitcoins, which has spurred fears that if he sold most of it, it would crash the market. Those fears were originally a reaction to a post Wright made in May 2020, when he said he was planning to sell his bitcoin. He… Source link

Ethereum is about to close a third green weekly candle. However, it seems like the bullish move has weakened as ETH faces strong resistance (marked by red). The weekly candle closes soon, and the bulls still seem to have control over the market. The opening of global markets on Monday may have a significant impact on determining the market’s trend. Technical analysis by Grizzly The Daily Chart Ethereum has reached a zone of solid resistance on the daily timeframe, combined… Source link

Bitcoin (BTC) price swings might be impossible to predict, but there is a strategy frequently used by pro traders that yields high returns with minimal cost. Typically, retail traders rely on leveraged futures positions which are highly susceptible to forced liquidations. However, trading Bitcoin options provide excellent opportunities for investors aiming to maximize gains while limiting their losses. Using multiple call (buy) options can create a strategy capable of returns six times higher… Source link

Cash used to be king for Carolina Reyes. She would only hand over hearty snacks from her grill on the Pacific coast of El Salvador in exchange for green US dollar bills or rusty old dimes. But now she is selling her pupusas — the country’s signature stuffed cornbreads — for cryptocurrency. “It was hard to get used to at first, but I’m getting pretty good at using the app,” she says with a grin, proudly flashing the Bitcoin Beach wallet she uses to receive payments. Like many Salvadorans,… Source link

Bitcoin (BTC) bulls had everything to play for on April 3 as the first weekly close of the month looked set to be above the all-important $46,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Anything could happen in final hours of Sunday Data from Cointelegraph Markets Pro and TradingView painted an interesting picture Sunday, as commentators waited for some classic end-of-week volatility. BTC/USD had delivered few surprises over the weekend, with an overnight dip to near… Source link

Cryptocurrency prices may have taken a beating over the last few months, but that just means that the best investments are now on sale. Ethereum ( ETH 1.25% ) is one of the most popular cryptocurrencies, but it’s important to know what you’re getting into before you buy. If you’re considering investing in Ethereum, there are a few figures that can help you decide whether it belongs in your portfolio. Image source: Getty Images. 1. $3,400 Ethereum is currently priced at… Source link

Place/Date: – April 3rd, 2022 at 9:35 am UTC · 3 min read Source: When it comes to investing, choosing the right name to place your crypto “bet” on can feel like a lot of pressure. However, the crypto-market keeps growing, and new tokens are launched daily, becoming competition for the Bitcoin (BTC) dominance of the digital assets’ realm. This means that as the market grows, an investment wallet has the potential to grow and create big profits for investors, especially when… Source link