Ethereum

Ethereum price (ETH) gained 10.2% from Jan. 4 to Jan. 10, breaching the $1,300 resistance without much effort, but has the Ether price move cast a light on whether the altcoin is ready to begin a new uptrend. Will Ethereum’s former resistance level turn to support? After testing the $1,200 support on Jan. 1, the eight-week ascending channel has displayed strength, but Ether bulls fear that negative newsflow might break the pattern to the downside. Ether/USD price index, 12-hour. Source:… Source link

Ethereum price (ETH) gained 10.2% from Jan. 4 to Jan. 10, breaching the $1,300 resistance without much effort, but has the Ether price move cast a light on whether the altcoin is ready to begin a new uptrend. Will Ethereum’s former resistance level turn to support? After testing the $1,200 support on Jan. 1, the eight-week ascending channel has displayed strength, but Ether bulls fear that negative newsflow might break the pattern to the downside. Ether/USD price index, 12-hour. Source:… Source link

The mass adoption of crypto can only come if cryptocurrencies have real world use cases. Although Shiba Inu, a memecoin, may seem to be the antipathy of this, the decentralized Shiba Inu community keeps adding exciting new ways to use Shiba Inu. Chainlink’s blockchain can be seen as a backbone of crypto projects that rely on oracles to keep everything accurate, safe and secure.  Orbeon Protocol is disrupting traditional finance (TradFi) by offering a new way to invest in early stage… Source link

BTC/USDT 1-Hour Price Analysis (Source – TradingView) Looking at the Bitcoin 1-Hour chart, the analysis shows that Bitcoin has been trading above the 200-day MA and the 50-day MA. It means that we are now experiencing an introduction to the bull reign. And the 50-day MA is over the 200-day and the distance between the two moving averages is wide, which are good signs for a bull run. The resistance of BTC lies at $17550.46 and $17597.18, while the support is at the previous strong low,… Source link

Stader, a multi-chain, non-custodial liquid staking protocol with ~100mn $+ in TVL, will soon launch its liquid staking token, ETHx. Stader released its Litepaper for ETHx highlighting how ETHx will boost home stakers, with the lowest bonding requirement in the ecosystem of just 4 ETH and also deliver best-in-class staking yield and DeFi for users. The Ethereum staking ecosystem is mature with multiple protocols and entities providing services, however, an evaluation of the current state of… Source link

OP Is Up 32% In the Past Week Layer 2 adoption is booming, with Optimism setting new records for activity and the combined transaction volume of optimistic rollups closing in on Ethereum’s mainnet. On Jan. 7, Optimism’s daily transaction count hit a new all-time high of almost 700,000, according to Etherscan. The milestone marks a 700% increase in activity since September 2022. “As blockchain technology is gaining more mainstream recognition, L2s will outshine Ethereum Mainnet,… Source link

Ethereum Layer-2 (L2) on-chain activity has been increasing to the extent that the leading two networks now process more transaction volume than the Ethereum network. Layer-2 networks Arbitrum and Optimism have seen an increase in transactions over the past three months. Comparatively, aside from a few spikes, transactions on the Ethereum network have declined by around 33% since late October according to Etherscan. This has enabled the two L2s combined to flip Ethereum for this metric,… Source link

Arguably the most popular blockchain amongst developers building decentralized applications (dApps), the Ethereum Network is credited with introducing the Web3 community to innovations like smart contracts while maintaining robust security standards. However, in order to solve Ethereum’s scalability issue, a new type of Layer-2 (L2) blockchain was introduced that relies on the Ethereum Mainnet (Layer-1) for its security but processes transactions on separate third-party networks in order to… Source link

The Ethereum (ETH) price has reached a descending resistance line, a breakout above which could trigger a sharp upward movement. Since the ETH/BTC pair has already broken out from its resistance, the ETH price is expected to outperform Bitcoin (BTC). Despite the ongoing bear market, ETH staking has remained popular. However, only 20% of all the staked Ethereum is currently profitable. There is a large chunk of staked ETH at $1,300, so the ongoing increase has made it profitable. However,… Source link

Know more about Solidity programming which is the smart contract language in Ethereum The Solidity programming language was created expressly for use on the Ethereum blockchain network. It is a high-level, contract-oriented language with syntax similar to JavaScript, making it reasonably simple to learn for developers who are familiar with web development. Solidity is used to create smart contracts, which are self-executing agreements with terms which put straight into code. These… Source link