Ethereum

New Delhi: Despite a quick recovery seen on Monday, Ethereum prices have been hit hard by the ongoing volatility in the crypto market. The second-largest cryptocurrency was last seen trading at $2,700 levels after hitting a low of $2,585 earlier today. It has lost about 5 per cent in the last one week. Regulatory action, geopolitical worries and inflationary concerns have kept the crypto market under pressure lately. Sharat Chandra, VP- Research & Strategy, EarthID, who anticipates a further… Source link

Alex Dovbnya An Ethereum wallet containing over $5 million worth of ETH has been activated for the first time in six and a half years as the second-largest cryptocurrency is struggling to exit a bearish trend A dormant Ethereum wallet containing 1,947 ETH ($5.1 million) has been activated for the first time since 2015, according to Twitter account Whale Alert. Considering that the original investment was only $2,336, whoever owns the aforementioned address has made a staggering 220,799%… Source link

Ethereum founder Vitalik Buterin said the digital asset universe could see some benefits from the falling coin prices, Bloomberg writes. The declining prices accompany a reduced interest in investment in the coins, referred to as a “crypto winter.” The prices have been falling since November, when crypto hit an all-time high in terms of price. According to investors and speculators, one influencing factor might be the reduction in the massive stimulus that happened because of the… Source link

What happened  Trading took a turn for the worse in the middle of the holiday weekend for the cryptocurrency market and most values are down. There wasn’t a lot of news, but the liquidity may be little lower than normal on a long holiday weekend, causing values to fluctuate wildly. The value of Bitcoin ( BTC -4.37% ) is down 4.4% in the last 24 hours as of 3:20 p.m. ET on Sunday while Ethereum ( ETH -5.04% ) has fallen 4.2%, and Dogecoin ( DOGE -3.13% ) is down… Source link

Ethereum price is retesting the $2,608 to $2,812 daily demand zone, hoping for a reversal. A bounce off this barrier is likely to revisit the lower limit of the daily supply zone, ranging from $3,188 to $3,393. A daily candlestick close below $2608 will invalidate the short-term bullish thesis. Ethereum price faced rejection from a stiff resistance barrier twice, resulting in a double-digit correction. The resulting downswing is currently bouncing off a stable… Source link

This week in coins. Illustration by Mitchell Preffer for Decrypt. A brief crash dropped the price of Bitcoin to $39,638 on Friday, according to CoinMarketCap. The world’s favorite cryptocurrency, as of this writing, was trading near $39,975.50, an overnight drop of 1.21%—about 5% cheaper overall than last weekend.  Ethereum, the second-largest cryptocurrency, was trading at $2,733—about 5% lower than a day ago, 6% lower than a week ago. Most of the top 30 cryptocurrencies declined… Source link

Ethereum was trading below $2,800 to start the weekend, as crypto bears extended recent market sentiment. Bitcoin was also under $40,000, as the global cryptocurrency market cap dropped by nearly 3% as of writing. Bitcoin For a fourth consecutive session, prices of the world’s largest cryptocurrency traded lower, as market pressure continued to keep bulls away. Following a high of $40,827.13 on Friday, BTC/USD is down 1.3% as of writing, and is trading close to its lowest level… Source link

Ethereum Code is a cryptocurrency trading platform that automates the full process of purchasing and selling Ethereum-based assets. Once you’ve signed up for the app, you can let the program take care of the rest. Ethereum Code program is created with the purpose of making it useable by anybody, regardless of their expertise or experience in the disciplines of finance or technology. History of Ethereum Code It was in 2017 that a group of seasoned brokers came together to develop the… Source link

OpenSea, one of the most popular nonfungible token (NFT) marketplace, has rolled out an upgrade to its smart contract, a proactive measure to weed out inactive listings on the platform. As a part of the planned upgrade, all OpenSea users will need to migrate their NFT listings — currently hosted over the Ethereum (ETH) blockchain — to the new smart contract. The new contract is live! Start migrating your listings now: https://t.co/W1w9ciCK2D — OpenSea (@opensea) February 18, 2022 Source link

Bitcoin (BTC) and Ether (ETH) price are still being hard hit by the current wave of volatility and this is leading traders to go back to the drawing board and readjust their short-term expectations. On Feb.17, Bitcoin price briefly dipped below $40,000 and Ether failed to hold support at $2,900, raises the chance of a drop to $2,500.  Data from Cointelegraph Markets Pro and TradingView shows that after hovering near the $2,900 support level through the morning trading hours, Ether was hit… Source link