Ethereum

Over $30 billion pumps into Ethereum’s market cap in 7 days as ETH outshines Bitcoin

Over  billion pumps into Ethereum’s market cap in 7 days as ETH outshines Bitcoin

Second-ranked cryptocurrency Ethereum appears to have found a short-term footing with the asset recording an increase in capital inflows.  Between March 20 and March 27, Ethereum’s market cap has gained about $31 billion, from $346.7 billion to $377.1 billion amid the anticipation around the Proof of Stake (PoS) upgrade. Ethereum market capitalisation in USD; LAsty 7 days. Source: CoinMarketCap.com Although the market will monitor if the recent gains will extend, Ethereum has… Source link

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This is Where ETH Likely Heading After the $3000 Breakout

The second half of March was relatively bullish for the markets, especially for Ethereum, with only two red daily candles. ETH started the rally when breaking above $2500 and then surged by 25%. Crossing the psychological resistance at $3,000 was an outstanding achievement for the bulls, marking a decent recovery of about 50% of the downtrend since reaching the all-time high. What’s next? The Daily Chart Technical Analysis by Grizzly After crossing the $3K milestone, ETH… Source link

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Ethereum price hits $3.2K as anticipation builds ahead of the ‘Merge’

Ethereum price hits .2K as anticipation builds ahead of the ‘Merge’

The week-long uptrend in the cryptocurrency market has begun to awaken bullish crypto investors and the successful March 15 launch of the Ethereum “merge” on the Kiln testnet has the community excited about the upcoming switch to proof-of-stake.  Data from Cointelegraph Markets Pro and TradingView shows that since the successful launch on Kiln, the price of Ether has climbed 25% from $2,500 to a daily high at $3,193 on March 25 as traders look to lock in their positions ahead of the merge.

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What Is Ethereum | Money

As excitement builds around the future of cryptocurrency, the metaverse and innovations like NFTs, investors can’t get enough of a technology behind much of the changes: Ethereum. Ethereum’s popularity in the cryptocurrency space has exploded since its inception in 2015, and it’s now just second to bitcoin in terms of market value as enthusiasts tout how it could change everything from banking to mortgages. Ether, the native… Source link

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Can Ethereum Reach $5,000? | The Motley Fool

After approaching a $3 trillion value in early November, the cryptocurrency market has fallen roughly 33% and is now worth just shy of $2 trillion. Ethereum‘s ( ETH 2.37% ) chart follows a similar trajectory. But with the general market weakness, now might be a good time for investors to hop on board.  Based on its recent price of about $3,000, a $5,000 target for ETH implies about 67% upside. In the world of cryptocurrencies, this type of move can happen in a relatively… Source link

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Ethereum price breaks through $3K, but analysts warn that a retest is needed

The cryptocurrency market continues to forge ahead on March 23 despite facing headwinds on multiple fronts. At the moment, global conflict, rising inflation and widespread economic uncertainty are taking a toll on financial markets and helping to highlight the need for a diversified investmen portfolio.  Altcoins have managed to gain some ground in recent days, led by Ethereum, the top smart contract platform, which managed to climb back to the major support and resistance zone at $3,000… Source link

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Ethereum Is Up 18% Over the Last Week. Why?

Ethereum Is Up 18% Over the Last Week. Why?

Image source: Getty Images Ethereum’s recent bull run isn’t unfounded. Key points Ethereum’s rise is tied to the increasing popularity of NFTs and stablecoins. ETH 2.0 upgrade also could improve the yields for Ethereum staking. … Source link

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Why Bitcoin, Ethereum, and Crypto Stocks Are Soaring Today

What happened Many cryptocurrencies and crypto-related stocks posted sharp price gains on Tuesday. Bitcoin ( BTC 2.81% ) and Ethereum ( ETH 1.95% ) saw 24-hour gains of 3.9% and 3.2%, respectively, at 2 p.m. ET today. Leading cryptocurrency trading service Coinbase Global ( COIN 5.24% ) held a 7.2% price increase at the same point in time, while the crypto-focused bank Silvergate Capital ( SI 8.02% ) was up 5.6%. It’s no surprise to see the biggest names in… Source link

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