Ethereum

The ETH market currently resembles the sideways consolidation that is also taking place across all other cryptocurrency markets. Thinking of this phase as a prolonged accumulation period, many traders might suspect this structure as the bottom for Ethereum price, but let’s take a closer look. Macroeconomic factors still affect the market, while spot volume is low, and the Open Interest rate has grown very little. But the big question is whether this is a buying… Source link

Image source: Getty Images Put these cryptos on your 2022 watchlist. Key points Solana, Avalanche, Cardano, Elrond, and Tezos are all good smart contract cryptos to keep on your radar. First mover Ethereum struggles with network congestion and high fees. Other cryptos are taking market share,… Source link

Over the past week, the price surge in the LUNA token has caused it to rise to become the second most-staked primary digital currency in TVL leaving Ethereum behind. In addition, a data source reported this data showing that Terra’s LUNA coin passed the Ether coin, which currently has more than $28 billion in Total Value Locked. According to the data report, the Terra crypto project has over 226,325 stakers, accounting for $29.5 billion worth of staked LUNA tokens. Thus, pushing the… Source link

In brief Fantom is a layer-1 blockchain aiming to provide an alternative to the high costs and low speeds about which users of Ethereum often complain. Fantom runs on a directed acyclic graph blockchain, similar to Hedera Hashgraph. Use an Ethereum protocol on a particularly congested day and you’ll surely balk at the fees, which can easily surpass the value of your trade if you are, say, swapping crypto worth no more than the change in your pocket. Help is at hand in the form of alternative… Source link

Image source: Getty Images Consider these cryptos if you want to branch out beyond Ethereum. Key points Ethereum is the biggest smart contract crypto, but it struggles with heavy network congestion. Cosmos, Chainlink, and VeChain all have solid long-term prospects and could outperform Ethereum… Source link

Ethereum whales have lately been flocking to last year’s star meme token: Shiba Inu ( SHIB -1.50% ). Though the cryptocurrency has slipped by 33% year to date, it did soar by a mind-boggling 45,000,000% in 2021. With big holders of Ethereum turning their attention to Shiba Inu, is a rebound ahead? Should you join those whales and dive into this attention-getting cryptocurrency now? Image source: Getty Images. The biggest holders First of all, “whales” are… Source link

Ethereum 2.0 registers a major milestone in terms of the total value staked. The Ethereum 2.0 consensus layer is undergoing major improvements in recent times. Although things don’t seem to be moving fast with Ethereum 2.0 as expected, they are certainly moving ahead. On Thursday, March 11, the deposit contracts for Ethereum 2.0 Beacon chain touched an important milestone of collecting over 10 million ETH. Well, at the current ETH price, the combined staked value of all these ETH tokens is… Source link

What happened  The value of major cryptocurrencies fell on Thursday as the stock market dropped and investors worried about inflation and the continuing Russian invasion of Ukraine. This follows a day when prices shot higher after President Joe Biden signed an executive order to study digital assets and investors hoped U.S. regulators would finally define rules for cryptocurrencies.  As of 1 p.m. ET, Bitcoin ( BTC -5.96% ) had fallen as much as 8% in the last 24 hours,… Source link

Image source: Getty Images The cost to transfer Ether or a non-fungible token hasn’t been this cheap in months. Key points Arcane Research reports that Ethereum transaction fees are at a six-month low. The research shows that the average price per transaction on the Ethereum blockchain was $15,… Source link

If there’s anything that cryptocurrency investors know by now, it’s that the price of coins can fluctuate dramatically. For example, back in November, Ethereum‘s (CRYPTO:ETH) price was closing in $5,000, but its value has tumbled over the past few months.  With inflation at a 40-year high and the Federal Reserve poised to raise interest rates beginning this month, some investors have grown concerned about more speculative investments like… Source link