Ethereum

Ethereum price breaks below a critical trend line, opening room for a correction. ETH price could be set to tank 6% today before finding support. Expect to see the uptrend continue with a return to $3,687 Ethereum (ETH) price delivered a distress signal to markets after bulls were unable to defend a key ascending trend line – coloured green on the chart below. Instead, bulls caved under the bearish pressure, with markets on the back foot for the second day in a… Source link

Bitcoin (BTC/USD) Analysis Bitcoin halts bullish trend, markets eye U.S. non-farm payroll data for further direction. Key Highlights BTC halted its bullish trend and lost more than 5 percent on subdued market sentiment. Markets are eyeing US Non-farm payroll data today for further direction. The pair regained above 200-day EMA in the European session. Technical Analysis Intraday trend – Bearish On the daily chart, the pair is trading above Tenken-Sen ($45,278), Kijun-sen ($42,701), and Ichimoku… Source link

UC Berkeley boffins have found that strategies for squeezing extra profit out of Ethereum transactions come at the cost of other cryptocurrency investors and threaten the security and stability of the entire Ethereum ecosystem. In a paper titled, “Extracting Godl [sic] from the Salt Mines: Ethereum Miners Extracting Value,” doctoral students Julien Piet and Jaiden Fairoze, with computer science professor Nicholas Weaver, throw down a hat-trick of allusions – gold, hodl, and Godel – to… Source link

Investors tend not to complain about a price rally, except when the chart presents steep downside risks. For example, analyzing Ether’s (ETH) current price chart could lead one to conclude that the ascending channel since March 15 is too aggressive. Ether price at FTX, in USD. Source: TradingView Thus, it is only natural for traders to fear that losing the $3,340 support could lead to a retest of the $3,100 level or a 12% correction down to $3,000. Of course, this largely depends on how… Source link

Key Takeaways Bitcoin and Ethereum have surged by over 28% over the past two weeks.  Both assets appear to be struggling to break through their 200-day moving averages. Meanwhile, sell signals are starting to appear. Share this article The top two cryptocurrencies, Bitcoin and Ethereum, are consolidating below a stiff resistance level. A steep correction could be on the horizon. Bitcoin, Ethereum Struggle to Break Out Bitcoin and Ethereum have remained stagnant over the past few… Source link

Ethereum (ETH) is the second-largest cryptocurrency by market cap. Besides its functionality, it’s also a great passive income generator. From staking, lending to yield farming, there are no shortages of ideas for earning passive returns on your ETH holdings. This article considers how to earn interest on Ethereum and the best platform to use. How to Earn Interest on Ethereum – Quick Guides The following steps will take you quickly through how to earn interest on Ethereum. We’ll… Source link

Bitcoin (BTC/USD) Analysis Key Highlights Bitcoin is trading flat after hitting a multi-month high at $48,234. The crypto market gained momentum on positive news that Ukraine and Russia may make a deal soon. Markets will keep a close eye on talks between two countries for further direction. Technical Analysis Intraday trend – Bullish On the daily chart, the pair is trading above Tenken-Sen ($44,567), Kijun-sen ($42,701), and Ichimoku Kumo cloud ($40,630). It hits an intraday high of $47,434 and… Source link

Ethereum is consolidating above the $3,320 support against the US Dollar. ETH price must clear $3,450 to start a fresh increase in the near term. Ethereum is holding gains above the $3,320 support zone. The price is now trading above $3,320 and the 100 hourly simple moving average. There is a key contracting triangle forming with resistance near $3,415 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it clears the $3,435 and $3,450 resistance… Source link

Arman Shirinyan Ethereum could have been something completely different, here’s how and why Contents Simpler proof-of-stake version Fewer features in the EVM The creator of the second-biggest cryptocurrency on the market, Vitalik Buterin, recently released an article describing how Ether could choose another development vector and become something different from what we know today. Simpler proof-of-stake version Ethereum network is currently on the verge of becoming a completely… Source link

Bitcoin price has cleared crucial levels, suggesting a consolidation phase to begin again. Ethereum price plans to revisit the $4,000 psychological level. Ripple price marches slowly but surely to $1 to collect the buy-stop liquidity resting above it. Bitcoin price action for the last two weeks has caused it to flip some crucial hurdles. This move is likely to translate into another phase of consolidation, allowing Ethereum, Ripple and other altcoins to explode.