Ethereum

It’s another day, another upgrade for Ethereum as the world’s largest smart contracts platform has just rolled out a new major update. Called “Gray Glacier,” the upgrade occurred at block 15,050,000 on June 30 with the sole goal of introducing changes to the parameters of the network’s difficulty bomb, pushing it back by 700,000 blocks, or roughly 100 days. The Gray Glacier upgrade is the network’s hard fork, which means it is creating new rules to improve the system and requires… Source link

Ethereum’s native token Ether (ETH) fell on the final trading day of Q2/2022, trading in sync with riskier assets amid persistent fears of higher inflation and rising interest rates. And it could result in further declines heading into Q3. ETH price breakdown underway ETH’s price plunged nearly 5% this June 30 to $1,044 following a four-day losing streak. The ETH/USD pair has also broke below its interim rising trendline support, which in conjugation with a horizontal trendline resistance to… Source link

Ethereum (ETH) shark and whale addresses have been stocking up on ETH. This could be an indicator that ETH investors have a bullish outlook on ETH. Crypto derivatives exchange dYdX announced that it will be abandoning the Ethereum ecosystem. Ethereum (ETH) sharks and whales, addresses that have between 100 to 100k crypto holdings, have been stocking up on ETH. These addresses have collectively added about 1.1% more of the coin’s supply to their bags after ETH’s most recent… Source link

Ethereum price is retesting the last line of defense at $1,049, signaling a potential crash. Whales holding between 100 to 100,000 ETH are accumulating at these dangerous levels. A breakdown of $1,049 could trigger a 35% crash to the $658 support level. Ethereum price faced rejection after failed attempts to move past a significantly important resistance barrier. This development has led to ETH reversing the trend and returning to a stable support level, which will… Source link

Bitcoin (BTC) lost 3% in an hour and Ether (ETH) drifted toward $1,000 on June 30 as pessimism took control of crypto markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders eye “sweep of lows” for BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $19,224 on Bitstamp during Asian trading, its lowest since June 19. A lack of momentum on upticks combined with a failure to reclaim critical support at the 200-week moving average set the scene for… Source link

Ethereum [ETH], the king of altcoins has failed to register any significant improvement in the month of June. It is still stuck with the bears at the $1k level. Notably, this level was previously visited by the coin at a time when the market crash wiped out 46.4% of the ETH’s value. But with Q3 of 2022, circumstances might take a positive turn for ETH holders. Ethereum needs a boost Observing the entire Ethereum network, one can simply say that Ethereum needs a boost from… Source link

Source: Adobe/sorapop   The authors of a new report claim that Ethereum (ETH) is “ready” for use in the world of business – albeit with “some caveats.” The report was compiled by the Ethereum Enterprise Alliance (EEA) – a business-focused affiliate of the Ethereum Foundation. Its authors claimed that while the “pieces are in place” for “the safe and productive use of Ethereum as a business platform,” the… Source link

Security firm Trail of Bits posted a report on potential vulnerabilities that can allegedly affect the Bitcoin (BTC) and Ethereum (ETH) blockchain. Called “Are Blockchains Decentralized?”, the report was funded by the U.S. Department of Defense via its Defense Advanced Research Projects Agency (DARPA). Related Reading | Response From Tether CTO On Reports Of Shorting USDT By Hedge Funds The report is focused on Bitcoin and Ethereum but approaches other… Source link

Ethereum has returned to the red as it was rejected as a major area of resistance. The cryptocurrency is bleeding out and records the second-worst performance in the crypto top 10 by market capitalization with a 10% loss in the last 24 hours. Solana (SOL) holds the number one position with a 13% loss. Related Reading | TA: Ethereum Topside Bias Vulnerable If It Continues To Struggle Below $1.2K The general sentiment in the market seems to be at an all-time low, but there is room for it to… Source link

Bitcoin fell below $20,000 during Wednesday’s session, as markets reacted to yesterday’s weaker-than-expected consumer confidence report. The expectation for economic growth also fell to a nine-year low. This resulted in ETH also dropping, with prices hitting a six-day low. Bitcoin The world’s largest cryptocurrency fell below $20,000 on hump day, as traders reacted to Tuesday’s consumer confidence report. Figures from the Conference Board showed that its index went from 103.2… Source link