Ethereum

Ethereum’s native token Ether (ETH) rose above $3,000 on March 22 as fresh data suggests Three Arrows Capital staked at least $110 million worth of ETH into Lido’s liquidity pools. The Singapore-based hedge fund manager provided liquidity worth 36,401 ETH to Lido’s “Curve stETH pool” using a third-party Ether wallet, data from Etherscan shows. As a result, it became eligible to receive at least 36,401 stacked Ether (stETH) tokens from Lido: to ensure low slippage when un-staking those… Source link

Bitcoin price rallied 4%, suggesting a continuation of the uptrend.  Ethereum retested the $3,000 level while altcoins are rising violently.  On-chain data shows that this uptick in BTC is due to multiple inflows in stablecoins. Bitcoin price saw a sudden uptick in buying pressure causing Ethereum and altcoins to surge. This move can be explained from a technical and on-chain perspective, complementing each other. Bitcoin and its role in the LUNA bet The Source link

Ethereum remained above $2,900 to start the week, as the world’s second largest cryptocurrency consolidated its recent gains. Bitcoin was also consolidating, as it continued to trade above $41,000 during Monday’s session. Bitcoin Despite a selloff to end last week, prices of BTC continued to hover above $41,000 on Monday, as market bulls appear to still be holding onto their positions. Following a low of $40,668.04 earlier in today’s session, BTC/USD rose to an intraday high of… Source link

Ethereum’s burn mechanism is hotter than ever, as crypto’s second-largest network has officially destroyed over 2 million ETH since the mechanism was introduced last August.  According to Watch the Burn, a dashboard monitoring the burn mechanism, the network has destroyed a total of 2,000,996 Ethereum since its inception. In dollar terms, that’s more than $5.82 billion removed from circulation forever.  Implemented in the London hard fork, EIP-1559, the technical name for the burn… Source link

Bitcoin (BTC/USD) Analysis Key Highlights BTC’s price has once again declined after a minor jump above $42,000. It is still in the consolidation phase between $45,850 and $34,324 with a bullish bias. The pair is trading within the symmetric triangle and bullish sentiment will continue if it breaks $43,300 (breaking out of the triangle). Technical Analysis Intraday trend – Bullish On the daily chart, the pair is trading above Tenken-sen ($39,986), Kijun-sen ($39,828), and above Ichimoku Kumo cloud… Source link

Want to make it? Bet on what they hate I like to ponder about the market dynamic in crypto, on how the market behaves during the latest market cycle. After some time, I came up with an interesting finding. All this time, as it turned out all I needed to do was simply to bet against Ethereans. It’s kinda tricky to describe what Ethereans are. The word Ethereans has a broad description. Simply saying “maxi” or maximalists isn’t exactly it. Some people don’t like to be called maxi or… Source link

What happened Sunday wasn’t exactly a day of rest or pleasure for Ethereum ( ETH 0.29% ) and ApeCoin (CRYPTO:APE). As of mid-afternoon, over the preceding 24 hours Ethereum dipped by almost 2% and ApeCoin suffered a much steeper fall at nearly 19%. Fresh comments from a big name in the crypto world were the root cause of the drops. So what On Friday, Time magazine published a profile of Ethereum founder Vitalik Buterin, in which he delivered some choice quotes… Source link

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) are all trading higher in strong uptrends. An uptrend occurs when a stock consistently makes a series of higher highs and higher lows on the chart. The higher highs indicate the bulls are in control, while the intermittent higher lows indicate consolidation periods. Traders can use moving averages to help identify an uptrend, with rising lower timeframe moving averages (such as the eight-day or 21-day… Source link

Ethereum Classic (CRYPTO: ETC) was soaring up about 26% over the past 24-hours in reaction to a bullish quadruple bottom pattern created at the $25.25 level that Benzinga called out March 15. The crypto was moving inverse to Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which were trading down over 2% and 3%, respectively on Sunday. One possible fundamental reason for the massive spike could be that cryptocurrency miners are making a switch to Ethereum Classic in advance… Source link

Ethereum has risen gradually over the week, with the crypto’s movements stirring hopes that better days may be ahead. Even so, not everything is going smoothly, with one Ethereum developer pointing out something interesting about the ecosystem’s growing complexity. $3000 beckons for ETH On the price charts, the world’s largest altcoin seems to be on the brink of crossing $3K. Trading at $2,946 at press time, ETH may soon breach the aforementioned resistance level, a level that has… Source link