Ethereum

ETH had seen a difficult weekend so far, unable to move away from the critical support at $2.5K. The overall crypto market sentiment is slightly bearish after Bitcoin got sharply rejected below $40K. Key Support levels: $2,560, $2,330 Key Resistance levels: $2,800, $3,000 Since ETH got rejected at the $3,000 resistance level, the price quickly dropped towards the key support at $2.5K. The latter was the daily low in the past three days – Friday, Saturday, and Sunday. So… Source link

Bitcoin remained under the $40,000 level on Sunday, as bears continued to pressure cryptocurrency markets. This pressure also kept ethereum lower, with the world’s second-largest crypto hovering around its long-term support level. Bitcoin Sunday saw the price of bitcoin (BTC) trade lower for a fifth consecutive session, as it was unable to shake off recent bearish pressure. BTC/USD fell to an intraday low of $38,211.65 on Sunday, which was around $500 lower than its bottom to start… Source link

Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) Terra, the fast-growing DeFi tool kit built on Cosmos, is now officially the second-largest ecosystem in decentralized finance.  According to data pulled from DeFi Llama, Terra currently boasts total value locked (TVL) of just over $23 billion, marking an all-time high in U.S. dollar terms.  This is roughly twice as much as runners-up BNB Chain (formerly Binance Smart Chain) and Fantom. The king chain, Ethereum,… Source link

by Analytics Insight March 6, 2022 The gasless chain and the fastest chain are the two major reasons why Bitgert price is skyrocketing. The current bear market has affected almost all the major cryptocurrencies. Ethereum has been among the most hit. In fact, Ethereum is one of the few coins still in red for the drop experienced during the recent plunge. But when Ethereum’s price was tumbling, Bitgert price skyrocketed, with an impressive 115% increase. Bitgert has been the most… Source link

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not… Source link

According to data from Staking Rewards, Terra (LUNA) has flipped Ethereum (ETH) in terms of staked value, with $29.5 billion worth of LUNA locked up compared to Ether’s $25.9 billion. The platform’s data shows that there are currently 226,325 LUNA stakers, making it the second most staked crypto asset with more than four times the number of those staking ETH at 54,768. Solana leads the staking charts with $35 billion in staked value. In terms of annual staking rewards, LUNA is estimated… Source link

There is an old saying in traditional markets which is actually more like a trading rule. It goes, “when the trend is negative, one can only be neutral or short,” meaning bet on the price decrease. The problem is that a relief bounce tricks traders into believing that the negative prevailing sentiment has shifted into a buyers’ market. For example, after analyzing Ether’s (ETH) price chart, one might conclude that after a 41% crash, a bull run should be ignited sooner rather than later…. Source link

Choppy market conditions dominated the cryptocurrency landscape on March 3 as the global economy continues to face challenges on multiple fronts and uncertainty about the future weighs heavily on asset prices.  Data from Cointelegraph Markets Pro and TradingView shows that the gains made by Ether (ETH) on March 2 were nullified in trading on March 3 as the price drifted from March 2’s high of $3,044 to a daily low of $2,784, reflecting an overall decline of 8.5%. ETH/USDT 1-day chart…. Source link

What happened  After an impressive few weeks, the value of cryptocurrencies fell sharply on Thursday. The biggest market news was Federal Reserve chair Jerome Powell saying that he expected to support a short-term interest rate increase at March’s Fed meeting, which some investors may have thought was currently off the table.  At 12:50 p.m. ET, Ethereum ( ETH -3.37% ) had fallen 5% in the last 24 hours, Solana ( SOL -2.83% ) was down 7.6%, and Cardano ( ADA -2.03% ) was… Source link

I knew I was in the right place when l saw a flier taped to a streetlamp advertising the “world’s first NFT bong.” It was 35 degrees at ETHDenver, an annual Ethereum event that started in 2017, and people were standing in line in the cold afternoon sun for COVID tests. More than 12,000 people from 100 countries came to Denver, though only about 8,500 checked into the conference. ETHDenver is a mix between developer conference and all-out party At five years old, it’s the… Source link