Ethereum

This week Ether (ETH) price came within 2% of its all-time high, and on Dec. 2 the altcoin reached its highest price in Bitcoin (BTC) terms since May 2018. Ether hitting 0.0835 in its BTC pair represents a 229% gain for 2021, but Ether bulls might come out empty-handed from this Friday’s $680 million options expiry. ETH/BTC price at FTX. Source: TradingView Notice the ascending channel formation initiated in mid-October, which likely reflects the network’s $177 billion total value locked… Source link

The cryptocurrency Ethereum ( ETH -1.47% ) has one big problem: transaction speed. The blockchain network processes fewer transactions per second than smaller, newer rival Cardano ( ADA 8.77% ). This is just one of the reasons Cardano has been able to gain ground. Cardano is now the sixth-largest crypto by market cap. (Ethereum holds the second spot, after crypto leader Bitcoin.) But Ethereum won’t be a laggard forever when it comes to speed. An upgrade is in progress, with the… Source link

Ether, the native currency on the Ethereum blockchain, approached a fresh all-time high on Wednesday as bitcoin — the largest cryptocurrency in the world — lagged almost 20 percent below its record price. The price of ether rose almost 2 percent Wednesday morning from the day prior and was last seen trading at $4,692 per coin, just 3.5 percent below the crypto’s all-time high of $4,858.82 reached last month, according to data from Coinbase. At the same… Source link

Cryptocurrency investments have gotten a lot of attention lately, due in part to the huge returns that some, like Ethereum (CRYPTO:ETH) have generated. What is Ethereum? It is a blockchain technology platform that allows software developers and programmers to create applications that can be transacted using a token called Ether. Among the items that are traded using Ether are NFTs, or non-fungible tokens, as well as decentralized finance… Source link

Cryptocurrency has had a rollercoaster of a year, experiencing record-breaking highs and devastating lows over the past 12 months. Bitcoin ( BTC 0.53% ) is the most popular and the most well-known cryptocurrency, with a market cap of more than $1.1 trillion — making up nearly half of the $2.6 trillion crypto market as a whole. While Bitcoin has its fair share of advantages, there’s another cryptocurrency that could potentially overtake it in the future: Ethereum ( ETH 1.40% )…. Source link

Today Ether (ETH) price briefly touched $4,760, exciting investors and reminding the world that the altcoin is a mere 2.2% below the $4,870 all-time high reached 20 days ago. While the spot price action might be intriguing, let’s see what’s happening in Ether’s derivatives markets. Ether ETH/USD price at Bitstamp. Source: TradingView While it is possible to draw a descending channel that shows support at $3,960, today’s 5.4% positive move seems decoupled from Bitcoin’s (BTC) negative… Source link

The chart below shows how on-chain users have grown alongside new Coinbase accounts, signaling users are genuinely interested in interacting with applications on Ethereum. Cheaper alternatives to the Ethereum mainnet, or live version, have gained even more traction, with Polygon flipping mainnet in active users for a single day early in October. Additionally, Arbitrum has onboarded 275,000 users looking for cheaper blockchain interactions. Source link

What happened It’s party on in the crypto world today. Investors in most digital currencies are seeing tremendous interest resume, following a rather bearish week last week among most major cryptocurrencies. As of 10 a.m. ET, Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Dogecoin (CRYPTO:DOGE) surged 2.3%, 8.5%, and 3%, respectively. These gains today have wiped out most of the losses seen in the crypto segment from last Friday’s… Source link

Ethereum price continues to consolidate after recording a new all-time high but is preparing to take off. There are three major reasons why ETH supply is quickly decreasing, which could propel prices higher. The governing technical pattern suggests that Ethereum is aiming to tag $6,300 next. Ethereum price has been consolidating after the second-largest cryptocurrency registered a new all-time high on November 10. Although ETH has been moving sideways, a few… Source link

What happened The price of Bitcoin (CRYPTO:BTC) was going up on Monday, as some big-name investors “bought the dip” over the weekend. As of 4 p.m. ET, Bitcoin was up 6% over the previous 24 hours, according to CoinDesk. And as is often the case, other popular cryptocurrencies like Ethereum (CRYPTO:ETH) and Dogecoin (CRYPTO:DOGE) were trading higher as well, up 7% and 8% respectively. Bitcoin buyers over the weekend included a technology company… Source link