Ethereum

What happened  There was a flash crash in the cryptocurrency market at around 7:30 ET Wednesday morning that sent most major cryptocurrencies lower in a matter of minutes. While Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Dogecoin (CRYPTO:DOGE) all plunged, they recovered quickly.  As of 11:15 a.m. ET, Bitcoin was down just 1% in the last 24 hours at $48,036 but hit a low of $46,648 early this morning. Ethereum is down 1.7% in the last 24 hours… Source link

With 2021 winding down and 2022 hopefully being the year of the Merge, I wanted to do a deeper dive into five of the top things to expect with Ethereum’s impending transition to proof-of-stake. The Merge itself will not be as initially glamorous as many market participants and outsiders may believe. However, the underlying improvements and the foundation it sets will allow Ethereum to onboard millions of users without sacrificing decentralization. Lower energy consumption – Changing… Source link

Ethereum (CRYPTO:ETH), the world’s second-largest cryptocurrency, has had quite a nice year in 2021. The price of Ether, the token that fuels the network, has been up roughly 460%, with just a few days remaining in 2021. Furthermore, the network has grabbed the spotlight as the use of smart contracts and non-fungible tokens have shown how much real-world utility there is with Ethereum. Currently, Ethereum has a $486 billion market cap. Could it rise… Source link

What happened  The cryptocurrency market is crashing on Tuesday with major cryptocurrencies like Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Dogecoin (CRYPTO:DOGE) all dropping high-single digits. A traditionally slow week of trading could be at fault, so investors will want to watch momentum once people return to work in the new year.  As of 2:05 p.m. ET, Bitcoin was down as much as 8.1% in the last 24 hours and is currently down 7.4%…. Source link

With three days left until the end of 2021, the Ethereum network and its native token ether have had a phenomenal year as ether has increased more than 450% in value in 12 months. 145 days ago, on August 5, the Ethereum network implemented the London hard fork and since that day, 1,283,226 ether worth close to $5 billion has been burned. Burning $5 Billion in Ether in 4 Months Around four months ago, Ethereum implemented the London upgrade which added a number of new rule-sets to the… Source link

20 days ago, Ethereum’s network participants upgraded the protocol and implemented the Arrow Glacier upgrade. The move delayed Ethereum’s “Ice Age” proof-of-stake (PoS) transition for another six months and this week, the network’s hashrate tapped all-time highs. For the first time, statistics within the six-month range indicate Ethereum’s hashrate surpassed 1 petahash per second (PH/s). Ethereum Hashrate Taps 1 Petahash Ethereum (ETH) miners are making profits at the end… Source link

Bitcoin (BTC), the leading cryptocurrency by market cap, broke its previous all-time-high market value in 2021, reaching just over $69 000 on the 10th of November, appreciating 71.8 percent year-on-year. Counting from the local low at just under $30 000 on the 21st of July, bitcoin gained 56.6 percent. If bitcoin stays at this level until the end of the year, 2021 will turn out to be the fourth worst year for bitcoin since 2011. Ethereum (ETH) up 456 percent Though a somewhat mediocre year for… Source link

The top dogs of the cryptocurrency market are undeniably Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH). There are certainly strong arguments to be made about many smaller digital currencies, especially those that excel in areas where Bitcoin and Ethereum do not at the moment. However, with a combined market cap of more than $1.4 trillion, the two largest denominations command more than half of the total crypto-market’s $2.4 billion valuation. Put… Source link

$10,000 is a sizable amount of money, but to actually get rich from an investment of that size in just one year is nearly impossible. That is unless you invested $10,000 into equal parts of Ethereum (CRYPTO:ETH) and Solana (CRYPTO:SOL) at the beginning of 2021. The returns those tokens have delivered over the past 12 months are jaw-dropping. But zoom out, and the past few years of crypto returns have been arguably more impressive. Here’s a look at… Source link

ETH has been successful in keeping its price above $4,000. However, the upwards momentum is weak. Key Support levels: $4,000 Key Resistance levels: $4,435, $4,868 (ATH) ETH’s price is sitting just above the $4,000 support level with little volume or volatility. This is normal considering the weekend and the new year’s holidays. The resistance is some distance away at $4,435, and as it seems now – it likely will not be tested any time soon. Momentum might return in the… Source link