Ethereum

The price of Ether (ETH) has pulled back to retest $3,000 support levels on Feb. 9 after Ethereum’s native token reached a three-week high.   ETH price climbs to three-week high To date, ETH price has recovered by roughly 50% after the ETH/USD trading pair bottomed near $2,150 on Jan. 24. ETH/USD daily price chart. Source: TradingView ETH price jumped on Feb. 7 in part due to KPMG, one of the world’s four accounting giants, announcing that the firm is adding Bitcoin (BTC) and Ether to its… Source link

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You can have your cake and eat it in the cryptocurrency world. What I mean by that is that you can buy cryptocurrency and hold onto it — but you don’t have to wait until you sell to lock in rewards. Instead, there’s a way to generate passive income. It’s called staking. And as of just recently, you can stake your holdings of crypto giant Ethereum (CRYPTO:ETH). So, should you give it a try? Let’s take a closer look at exactly what happens — and if… Source link

KPMG Canada has joined a growing list of major corporations to create exposure to exposure to crypto through Bitcoin and Ethereum. KPMG Canada has announced the addition of Bitcoin (BTC) and Ethereum (ETH) to its corporate treasury. According to Benjie Thomas, a managing partner for the firm, KPMG’s decision to incorporate BTC and ETH to its balance sheet means that the multinational sees digital currencies as a “maturing asset class.” Furthermore, by converting a portion of its fiat… Source link

Key Support levels: $3,000, $2,805  Key Resistance levels: $3,400, $3,750 ETH’s price action has been somewhat reserved once it reached $3,000 without a strong conviction to move higher. However, despite the hesitation from buyers, the cryptocurrency continued to go higher reaching $3,235 today on Bitstamp. The $3,000 level turned into support, and the next key resistance is found at $3,400. Chart by TradingView Technical Indicators Trading Volume: While the price went up,… Source link

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for Monday, February 7, 2022! Welcome back to the working week, team. Here’s hoping you got some sleep over the weekend because we’re still in a busy tech cycle. That means lots of news from technology companies big and small. But before we dive into the news, TechCrunch Live kicks off Wednesday with Heartbeat Health and… Source link

A crypto project, known as VanityBlocks, has started turning whole Ethereum transaction blocks into non-fungible tokens (NFTs) — preventing anyone else from having space in that block. The first Genesis NFT was created on January 16. It was in block 14017777 and the transaction to create the NFT took up the entire block, costing about 5.31 ETH ($16,600 USD). A more recent mint on January 31 for block 14114114 cost over 3.42 ETH ($10,700 USD) in transaction fees. As of publication,… Source link

What happened  A “risk-on” trading day is taking place again on Wall Street and that’s helping cryptocurrency values to start the week. It helps that the market was up early in trading today and cryptocurrencies usually magnify those gains. But as the market has fallen back to breakeven the gains for crypto are holding.  As of 12:40 p.m. ET, over the last 24 hours Bitcoin (CRYPTO:BTC) had jumped as much as 5.2%, Ethereum (CRYPTO:ETH) was up 4.2%,… Source link

Following a strong weekend, bitcoin’s surge continued to start the week, as Tesla announced close to $2 billion worth of holdings in BTC. Overall, crypto markets were around 3% higher on Monday. Bitcoin Bitcoin, which consolidated for the majority of last week, moved closer to a three-week high today, climbing by as much as 3% as of writing. BTC/USD rose to an intraday high above $43,500.00 during Monday’s session, as markets reacted to the news that Tesla currently holds $1.9… Source link

Ethereum’s co-founder, Vitalik Buterin, and developer Tim Beiko have been discussing a proposed solution to the data transfer gas problem and current scaling issues. Buterin talked about adding a feature like “blob-carrying transactions” in a “near-future hard fork.” ‘Blob-Carrying Transactions’ The price of ethereum (ETH) has moved northbound during the last two weeks, climbing more than 25% higher within that time frame. Last week, ETH gained over 16% and the crypto… Source link