Key Takeaways Bitcoin is stuck between $21,500 and $21,000. Meanwhile, Ethereum is trading between $1,250 and $1,190. Closing outside these trading ranges will determine the trend’s direction. Share this article The cryptocurrency market had a quiet weekend as the top two assets by market cap, Bitcoin and Ethereum, continued consolidating. Still, a significant price movement appears to brew. Bitcoin and Ethereum Primed for Volatility Bitcoin and Ethereum remained stagnant over… Source link
Read More »Ethereum Finds New Technical Support on Chart
Arman Shirinyan Ethereum survived one of worst weeks in its history and is now looking for reversal opportunity The second largest cryptocurrency on the market has found a foundation for a reversal, according to a Bloomberg article. Ether plunged to $880, causing a trail of massive liquidations on the market, which created even more pressure on the asset’s performance. On June 19, Ether successfully rallied to $1,279 on Sunday and then retraced to $1,200, which still remains the key… Source link
Read More »Ethereum liquidity provider XCarnival negotiates return of 50% stolen ETH
XCarnival, a liquidity provider for the Ethereum ecosystem, recovered 1,467 Ether (ETH) just a day after suffering an exploit that drained 3,087 ETH, worth roughly $3.8 million, from the protocol. Blockchain investigator Peckshield noticed the XCarnival hack as it came across a stream of transactions that eventually bled 3,087 ETH from the protocol. Explaining the nature of the exploit, Peckshield stated: “The hack is made possible by allowing a withdrawn pledged NFT to be still used as the… Source link
Read More »Ethereum’s Arbitrum to Be Used by Norwegian Government
Ethereum scaling solution will fuel cap table platform for unlisted companies ETH Price at the time of writing – $1,239.07 The new platform will allow Norwegian citizens to access shares of companies that have not gone public yet Interestingly, a significant nation has started utilizing Ethereum and its items to make a totally new sort of monetary market for comprehensive and vote based exchange. Ethereum-based innovations for unlisted organizations’ portions: Case of Norway Jon Ramvi,… Source link
Read More »If the Ethereum price does this, it’s out of here
Ethereum price has rallied 35% in just a few days. Ethereum price has printed two impulse waves subtly confined within a parallel channel. Invalidation of the bullish thesis is a breach below the June 18 swing low at $877.80 with contingencies. (read below) Ethereum price could become a very favorable digital asset for day traders in the coming days. Still, the final confirmation for more upside potential has not yet occurred. Ethereum price could get… Source link
Read More »How low can Ethereum price drop versus Bitcoin amid the DeFi contagion?
Ethereum’s native token Ether (ETH) has declined by more than 35% against Bitcoin (BTC) since December 2021 with a potential to decline further in the coming months. ETH/BTC weekly price chart. Source: TradingView ETH/BTC dynamics The ETH/BTC pair’s bullish trends typically suggest an increasing risk appetite among crypto traders, where speculation is more focused on Ether’s future valuations versus keeping their capital long-term in BTC. Conversely, a bearish ETH/BTC cycle is typically… Source link
Read More »Ethereum 2.0, active addresses, transactions- Untangling the metric talks
In light of the recent crypto market crash, Ethereum [ETH] can be considered one of the worst-hit tokens. Given the performance of the token in the past couple of days, it can be hard to imagine the token back above the $1,000 support line. At the height of the crisis, ETH prices had dropped as low as $895 but have recovered almost in flash. Meanwhile, the entire crypto market has seen a revival in the past week or so after threats of a crypto winter loomed largely. Finally… Source link
Read More »This Week in Coins: Bitcoin and Ethereum Lead Sizable Recovery Among Top Cryptocurrencies
This week in coins. Illustration by Mitchell Preffer for Decrypt. Crypto markets have recovered a bit, following last week’s brutal crash that shaved off more than 30% of the value from leading coins Bitcoin and Ethereum, which dropped to levels not seen since 2020. Bitcoin is up more than 10% over the last seven days, trading for $21,013 as of this writing, and Ethereum reclaimed even more territory, surging more than 19% to $1,189. Polygon’s week was even better: It rose almost 59% to… Source link
Read More »Ethereum Merge to Be Executed on Second Major Testnet: Details
Vladislav Sopov Galaxy Digital’s analyst Christine Kim, host of Mapping Out Eth 2.0 podcast, shared details of Ethereum’s latest ACD and next steps on road to The Merge Contents Seven “shadow forks” allowed to identify synchronization problems Sepolia Merge expected on July 6 Yesterday, June 24, 2022, Ethereum’s All Core Devs Call #141 summarized the results of the seventh “shadow fork” and suggested solutions for node synchronization issues. Seven “shadow forks” allowed to… Source link
Read More »ETH Climbs to Over $1,200 to Start the Weekend – Market Updates Bitcoin News
ETH moved into the $1,200 region to start the weekend, as prices rose for a third consecutive session. Bullish sentiment has been missing from crypto markets in recent months, however the timely return also saw BTC near its highest point this week. Bitcoin Bitcoin entered the weekend trading in the green, as bulls extended their recent run for a third consecutive session. Following a low of $20,794.19 during Friday’s session, BTC/USD rose to an intraday peak of $21,520.91 on… Source link
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