Ethereum

BTC continued to trade below $40,000 prior to Wednesday’s FOMC meeting, as crypto markets anticipated a potential rate hike. ETH was also trading close to its long-term support level, with many hoping for an end to current bearish sentiment, after tomorrow’s announcement. Bitcoin BTC was trading below $40,000 on Tuesday, as the world’s largest cryptocurrency was marginally above its long-term price floor. Earlier today, BTC/USD fell to an intraday low of $38,156.56, which is… Source link

Image source: Getty Images Bored Ape Yacht Club (BAYC) crashes Ethereum in Otherside mint. Will ApeCoin (APE) find a new home? Key points BAYC made history in multiple ways with the first Otherside NFT mint, and it could have big impacts on the future of Ethereum and ApeCoin. With Ethereum… Source link

Data from blockchain analysis firm Santiment indicates that ETH whales have been accumulating over the past two weeks. They have broken out of a sustained ownership downtrend since the start of the year, and are now back to owning over 12% of the supply. ETH whales, in this context, are defined as addresses holding between 1000 and 10,000 ETH. That’s between about $3 million and $30 million worth of ETH, at current prices. As of Thursday, whale ownership sat at 12.07% of… Source link

ETH price is coiling into a diagonal pattern. Ethereum price printed a large bearish engulfing candlestick. Invalidation of the downtrend is a breach at $3,039. Ethereum price shows a bearish stronghold within the price action. Countertrend trading the ETH price trading is deemed high risk and inadvisable. Ethereum price could continue its decline Ethereum price appears to be coiling within an ending diagonal formation, a hopeful indication for the bulls…. Source link

Solana halted after a flood of network activity caused a cascade failure of the blockchain’s validators Ethereum gas fees surged as Ape DAO members tried to mint NFT land parcels in a proposed Bored Ape Yacht Club metaverse The two preeminent smart contract platforms each ran into performance problems on Saturday after high traffic demands from NFTs temporarily brought transactions to a standstill.  The… Source link

Ethereum’s native token Ether (ETH) faces the possibility of a 35% price correction in Q2 as it comes closer to breaking below its “ascending triangle” pattern. ETH price breakdown ahead? Ether’s price swung between profits and losses on May 2 while trading around $2,825, showing indecisiveness among traders about their next bias. Interestingly, the Ethereum token wobbled in the proximity of a rising trendline that constitutes an ascending triangle pattern in conjugation with a horizontal line… Source link

Wikipedia’s parent organization, the Wikimedia Foundation, will no longer be accepting any donations in Bitcoin, Bitcoin Cash, or Ethereum after some community members sparked a three-month long debate about the pros and cons of crypto. The news comes shortly after the foundation conducted a poll where more than 70% of respondents said they wanted to discontinue all cryptocurrency donations. “The Wikimedia Foundation has decided to discontinue direct acceptance of cryptocurrency as a… Source link

April was a bloody month for crypto, and especially for Ethereum. The ETH price fell from its month’s highest level at $3580 to $2700 last night. Can we expect May to perform better? Technical Analysis Technical Analysis By Grizzly The Daily Chart The following chart shows perpetuals’ exchange data from FTX. ETH is trading on top of the marked long-term ascending line (in green). This trend line has provided support to the price since January 2021, based on the previous… Source link

Disclaimer: The following op-ed represents the views of the author, and may not necessarily reflect the views of Bitcoinist. Bitcoinist is an advocate of creative and financial freedom alike. No oceans. No blue sky. Only wrecks of its formal glory. We burned the planet down and now our children will have to fight over the remaining resources. This is the world 40 years from now. It’s a Mad Max world. Imagine the opposite. A futuristic utopia. A world powered… Source link

What happened The cryptocurrency market is seeing another day of sell-offs today. The prices of Shiba Inu (SHIB 0.82%), Ethereum (ETH 0.72%), and Dogecoin‘s (DOGE 1.06%) tokens were losing ground in conjunction with the sell-off momentum. They were down roughly 5%, 2.1%, and 1.6%, respectively, over the previous 24-hours of trading as of 10:15 a.m. Sunday. Nearly every top-100 cryptocurrency token has seen sell-offs over the last day of trading. In fact, excluding… Source link