Ethereum

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Like most cryptocurrencies, 2022 started on a rough note for Ethereum, which nearly halved to $2,200 in January from $4,000 last year. Things looked peachy for the world’s second-largest crypto in 2021 as Ether (ETH) traded around the $4,000 mark, and its global market cap rose to $500 billion by the end of the year. However, the New Year started on a rough note for Ethereum, whoch slid to $2,200 odd levels in January following interest rate hike indications from the Federal Reserve. Ether… Source link

An experiment from Dragonfly Research that compared the performance of six blockchains by testing the capacity of automated market makers (AMMs) on each has found Solana’s Orca decentralized exchange (DEX) was the clear winner in trades per second.  It managed 273.34 trades per second and created a new block every 590 milliseconds. BNB Smart Chain wasn’t too far behind with 194.6 trades per second on PancakeSwap, followed by Polygon, Avalanche, Celo (CELO) and, finally, Ethereum. A blog… Source link

Ethereum price moved past the 50-day SMA at $2,853, indicating the uptick in buying pressure. A successful retest of the 50-day SMA will seal the breakout and forecast a move to $3,200. A twelve-hour candlestick close below $2,558 will create a lower low and invalidate the bullish thesis for ETH. Ethereum price action has been stuck between two major barriers since January 24. The recent uptrend allowed ETH to push through a vital resistance barrier, signaling the… Source link

Ethereum found a strong support near the $2,300 zone against the US Dollar. ETH price is rising and might rally if it clears the $2,750 resistance zone. Ethereum started a major increase above the $2,750 resistance zone. The price is now trading above $2,900 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $2,960 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rally further above $3,000 if there is no downside… Source link

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) were trading flat on Tuesday afternoon, after each soared about 26% over the past six days. Some analysts attribute the sharp increases to a rise in the popularity and necessity of the decentralized crypto sector following harsh Russian sanctions that have left the traditional financial system, at least in Russia, exposed. From a charting perspective, after a months-long decline, both Bitcoin and Ethereum have developed… Source link

The Ethereum protocol has reached another milestone as the number of Ethereum 2.0 validators has surpassed 300,000. At the time of writing, the Ethereum 2.0 contract has over 9.6 million ether deposited worth more than $28.4 billion. Ethereum Beacon Chain Validators Jump Past the 300,000 Mark For quite some time now, Ethereum (ETH) network participants have been preparing to transition from a proof-of-work (PoW) system to a protocol that solely relies on the proof-of-stake (PoS)… Source link

What happened It’s been a wild and wacky day in the crypto world. As of Tuesday morning, most cryptocurrencies were up for the trailing 24-hour period, with top tokens Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Dogecoin (CRYPTO:DOGE) each surging at some points by double-digit percentages. While those tokens have given up some of their gains, as of 11:15 a.m. ET, Bitcoin, Ether, and Dogecoin were still higher by 7%, 5.1%, and 3.8%,… Source link

Ethereum’s (CRYPTO: ETH) price has increased 8.53% over the past 24 hours to $2,982.78. Over the past week, ETH has experienced an uptick of over 13.0%, moving from $2,641.83 to its current price. As it stands right now, the coin’s all-time high is $4,878.26. The chart below compares the price movement and volatility for Ethereum over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility… Source link

Image source: Getty Images Staking Ethereum is not the same as other cryptos. Key points Coinbase said Ethereum is the most-staked asset on its platform. Staking is a way to earn rewards on your crypto and contribute to the network’s security. Staking ETH means tying up your coins until Ethereum… Source link