Ethereum

Bitcoin and Ethereum – Weekly Technical Analysis – May 17th, 2021

Bitcoin Bitcoin, BTC to USD, slid by 20.06% in the week ending 16th May. Reversing a 2.96% gain from the previous week, Bitcoin ended the week at $46,597.0. A mixed start to the week saw Bitcoin rise to a Monday high intraweek high $59,589.8 before hitting reverse. Falling short of the first major resistance level at $60,831, Bitcoin slid to a Sunday intraweek low $44,021.0. The extended sell-off saw Bitcoin fall through the first major support level at $54,341 and the second major support level… Source link

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Ethereum Faces Weekend Rout, But Some See ETH Doubling From Here

Vitalik Buterin, originally from Russia, is the creator of the Ethereum blockchain used for the … [+] latest DeFi apps and non-fungible tokens. Look how much it’s up in five years. KMR Images Ethereum, the most traded cryptocurrency after Bitcoin, had a bad weekend. Fear not, crypto bulls. The market is still bullish long term for ETH. That seems to be the consensus. Marc Cuban says it even “dwarfs Bitcoin.” “There was a relentless spot bid in ETH for several week but… Source link

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Is Theta Token the Next Ethereum or the Next Dogecoin?

As the meme-friendly Dogecoin has showed us, the next hot cryptocurrency can come from almost anywhere. While the majority will undoubtedly be volatile, I don’t think we have seen the last of crypto mania, and I am sure there are other growth tokens that will emerge. It will be important to split them into two pots: Those that have real-world utility, like Ethereum, and those that are more artificially inflated, like Dogecoin, which may be able to… Source link

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The 4 Biggest Mistakes You Can Make When Buying Ethereum

Ethereum is on the rise. If you’re planning to buy some of your own, here are the mistakes to avoid. Like many cryptocurrencies, Ethereum has been growing in value since last year. But in the last few weeks, its price has gone through the roof. It recently set a new all-time high by trading at over $3,500. Ethereum has consistently ranked as the second-largest cryptocurrency after Bitcoin. With the recent price increases, you may have decided that now is the time to buy Ethereum. Before you… Source link

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Bitcoin vs. Ethereum vs. Dogecoin: Which One Is Right for You?

Cryptocurrency has been making headlines in recent months, and three types of digital currencies, in particular, are gaining the most attention: Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Dogecoin (CRYPTO:DOGE). Not all cryptocurrencies are created equal, and it can be confusing trying to decide which type is right for you. Each currency has advantages and disadvantages, and which one you choose to invest in will depend on your unique… Source link

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Should You (or Anyone) Buy Ethereum?

Bitcoin’s younger sibling is giving it a run for its money. Ethereum is a digital currency that claims to be “the world’s programmable blockchain.” It is more nimble than Bitcoin, and chances are you won’t move far into the world of cryptocurrencies before you come across it. But what does it do? And should you buy it? Read on to find out. What is Ethereum? Ethereum, the world’s second-biggest cryptocurrency by market capitalization, is like Bitcoin’s agile little sibling. It uses less energy… Source link

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Ethereum Prices Are a Runaway Train, So Grab Your Ticket

Cryptocurrency is a hot topic everywhere. It elicits passionate discussions from both sides of the aisle. Today we will discuss the opportunity that Ethereum (CCC:ETH-USD) has as a successful cryptocurrency. A concept image of mining an Ethereum (ETH) token. Source: Shutterstock There are extremes lovers of crypto and even more haters. And then there’s a giant mass of people who don’t want to even try and understand it. The concept is too foreign still. They are be apathetic about it, but… Source link

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Ethereum Drops 9%. Is This a Buying Opportunity?

Should you buy Ethereum on the dip? Cryptocurrencies fell across the board yesterday after Tesla CEO Elon Musk raised environmental concerns about Bitcoin, the world’s biggest cryptocurrency. Ethereum, which is sometimes seen as silver to Bitcoin’s gold, initially fell about 9% on the news, though it recovered later in the day. According to figures on Coinmarketcap.com, the whole market was down yesterday due to fears that Musk had gone cold on cryptocurrency as a whole. Musk tweeted: “Tesla… Source link

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ETH price regains $4K as possible Ethereum 2.0 ‘full validator’ count hits 17-month low

The number of Ethereum addresses that hold more than or equal to 32 Ether (ETH) has been declining, pointing at a possible lack of interest among traders and investors to become “full validators” for its upcoming proof-of-stake blockchain. At the same time, the price of ETH has rebounded back above $4,000 on Friday, while Bitcoin (BTC) tries to reclaim $51,000 following this week’s “Elon candle” plunge. Eth2 validators wanted? On-chain data analytics platform Glassnode revealed that… Source link

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