Also at launch, another 25% of the supply was airdropped to contributors, who include the development team, translators and advisers, subject to a four-year vesting schedule. The remaining 50% was reserved for the DAO Community Treasury, with 10% at launch and the rest set to be released over the next four years. Source link
Read More »Weak stocks and declining DeFi use continue to weigh on Ethereum price
Ether’s (ETH) 12-hour closing price has been respecting a tight $1,910 to $2,150 range for twelve days, but oddly enough, these 13% oscillations have been enough to liquidate an aggregate of $495 million in futures contracts since May 13, according to data from Coinglass. Ether/USD 12-hour price at Kraken. Source: TradingView The worsening market conditions were also reflected in digital asset investment products. According to the latest edition of CoinShare’s weekly Digital Asset Fund Flows… Source link
Read More »Ethereum price prepares for a bullish breakout as GameStop launches ETH wallet
Ethereum price could break out and rally towards $3,000 as analysts identify a pennant breakout. GameStop, the world’s largest game retailer, has launched a non-custodial Ethereum wallet for its upcoming NFT marketplace. Analysts argue that upcoming Ethereum Merge is a bullish catalyst, as ETH tokens will be unlocked slowly. Ethereum price is on track to break out as a bullish pennant has appeared on the altcoin’s chart. GameStop’s non-custodial… Source link
Read More »Where Ethereum price will go as it prepares for bullish breakout
Ethereum price has consolidated further in a pennant structure since mid-May. ETH price is set to perform a bullish breakout as an ascending trend line supports. Expect a jump above $2,148.67 and rally up towards $2,300. Ethereum (ETH) price is set to jump 18% in value if a tailwind persists throughout the trading day. Although the ASIA PAC session saw some dark clouds forming over disappointment at the Chinese government’s support package and this pushed Asian… Source link
Read More »ETH will see a swift rise to $2,400
ETH price is progressively inclining. Ethereum price volume shows bearish absence. Invalidation of the bullish call is a close below $1800. Ethereum price displays reasons to believe in a price spike to $2400. Traders should still approach the smart contract blockchain cautiously and use a tight invalidation level. Ethereum price due for run-up Ethereum price hints that a countertrend spike will occur as the bears seem to be uninterested in suppressing the… Source link
Read More »GameStop launches non-custodial Ethereum wallet to store cryptocurrency and NFTs
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Read More »Cloudflare Set To Launch Ethereum Validator Nodes in Support of “The Merge” –
The 12-year-old web security company, Cloudflare, announced on May 17 that it would be launching its next series of experiments for advancing web3. This will include supporting the Proof of Stake (PoS) consensus mechanism Ethereum is preparing for by launching its own validator nodes. Ethereum’s Merge Known to be one of the most anticipated events since last year, “The Merge” will officially bring a Proof-of-Stake consensus mechanism to the Ethereum blockchain. Running on Proof of… Source link
Read More »Bitcoin, Ethereum Poised for Volatility
Key Takeaways Bitcoin is in a no-trade zone between $28,870 and $30,750. Likewise, Ethereum is stuck between $1,960 and $2,145. Only a break above support or below resistance can resolve the ambiguity. Share this article Bitcoin and Ethereum continue to consolidate while searching for new catalysts that will help them gain the momentum needed to break out. Crypto Traders Are 50/50 Bitcoin and Ethereum remain stagnant, trading within a tight price range, as traders cannot decide on… Source link
Read More »Ethereum Name Service Hits All-Time High in Monthly Revenue—And May’s Not Over
It’s been a record-breakingly good month for ENS domain name registrations as revenue tops $8 million, according to lead developer Nick Johnson. The Ethereum Name Service (ENS) is a domain name provider for the Ethereum blockchain. The service itself, which was launched in 2017, is governed by a DAO, or decentralized autonomous organization. “May is now an all-time high for every single ENS metric we track—registrations, renewals, revenue (ETH & USD) and income (ETH & USD),” Johnson… Source link
Read More »GameStop Has Launched an Ethereum Wallet – Crypto Briefing
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