The U.S. stock market is roaring, but it’s nothing compared to the gains we are seeing in the crypto market. Less threatening regulatory hurdles, increased trust and security, and inflation-resistant characteristics are all tailwinds propelling cryptos to new all-time highs. Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) both reached new highs on Nov. 10 of $69,000 and $4,867, respectively. Solana‘s (CRYPTO:SOL) last all-time high of roughly $260 was… Source link
Read More »Does the Bitcoin, Ethereum, Solana, and Cardano Price Crash Signal Another Crypto Winter?
Prices of leading cryptocurrencies, including Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), Solana (CRYPTO:SOL), and Cardano (CRYPTO:ADA) are down more than 10% in the last week and some have fallen 20% or more from their highs. Unlike a company with a management team and financial figures, getting to the bottom of why crypto prices are moving sharply to the upside or downside takes a little more digging. Here are five reasons why crypto prices are… Source link
Read More »Missed Out on Ethereum? Here’s What to Buy Now
With a market cap of $480 billion, Ethereum (CRYPTO:ETH) has soared over 540,000% since its 2015 inception — leaving late investors kicking themselves for not getting in while it was cheaper. But the good news is that assets like Solana (CRYPTO:SOL) and Polkadot (CRYPTO:DOT) could make great alternatives. Dubbed “Ethereum killers,” these blockchains boast smaller market caps and superior scalability, setting them up for explosive long-term… Source link
Read More »Should You Buy Ethereum After Its Recent $4,865 High?
All eyes are on Ethereum (CRYPTO:ETH) this week. As measured by market capitalization, the second-largest cryptocurrency reached an all-time high price of $4.865 per token on Nov. 10, boasting a 52-week return of 894% on the evening of Monday, Nov. 15. A sudden crash followed the next Tuesday, taking the cryptocurrency all the way down to $3,971 per token. Are the record-level Ethereum prices a sign of even greater gains to come, or is the bearish… Source link
Read More »Polkadot Chief Promises Freedom From Ethereum’s ‘Economic Enslavement’ – Coindesk
This included asynchronous smart contract platforms focused on future levels of composability between blockchains and blockchain shards, which he called “smart contracts 2.0.” Other interesting areas being tackled using Substrate were trusted execution using Intel SGX type of environments, and zero-knowledge proofs tech, both for shielding and privacy, as well as throughput efficiency via rollups. Source link
Read More »Traders expect Ethereum price to drop further ahead of Friday’s $550M options expiry
Ether’s (ETH) 330% year-to-date gain has been largely fueled by the growth of decentralized finance and the explosion of non-fungible tokens. Proof of this comes from OpenSea, the largest NFT marketplace, surpassing the impressive mark of $10 billion in accumulated trading volume. However, traders worry that the 15% correction that followed the $4,870 all-time high on Nov. 10 could indicate that a larger bearish movement is in place. The rupture of the 55-day ascending channel reinforces this… Source link
Read More »Better Cryptocurrency: Ethereum or Shiba Inu?
Choices, choices. There are well over 13,500 cryptocurrencies. That number continues to grow. Most of these digital coins fly far below the radar for most investors. But not Ethereum (CRYPTO:ETH) and Shiba Inu (CRYPTO:SHIB). They’re two of the most popular cryptocurrencies on the planet. Both have been big winners so far this year. Which is the better crypto to buy now? Here’s how Ethereum and Shiba Inu stack up against each other. Image source:… Source link
Read More »Why Ethereum Classic Could Get Slaughtered Amid Bitcoin, Ethereum Pullback If This Pattern Plays Out – Ethereum Classic – United States Dollar ($ETC)
Ethereum Classic (CRYPTO: ETC) fell 13.21% on Tuesday before bouncing to just above a support level at $50.78. The decline was in sympathy with crypto market leaders Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which retraced 5.52% and 7.7%, respectively, over the same 24-hour period. On Wednesday, Ethereum Classic was trading mostly flat in consolidation but was settling into a bearish pattern that may signal trouble for the crypto over the coming days. See Also:
Read More »Why Bitcoin, Dogecoin, Ethereum, and Shiba Inu Bounced Off Lows Today
What happened Volatility strikes again for mainstream cryptocurrencies. The drop in crypto that began a week ago hit a low point very early Wednesday morning, but the industry has bounced back slightly since then. According to Coinbase, Bitcoin (CRYPTO:BTC) fell to as low as $58,380 early this morning, but is now down just 0.64% in the past 24 hours to $60,191 as of 4:10 p.m. ET. Ethereum (CRYPTO:ETH) had a similar move, hitting a low around… Source link
Read More »‘Ethereum Killers’ Are Helpful, Not Harmful – Coindesk
Today, Ethereum has $180 billion in DeFi TVL, but its dominance has fallen still further to 66.5%. I would argue that the dominance number is less important in the short term, as Ethereum looks to scale tremendously with the help of Arbitrum, Optimism, Polygon and more. The idea that these other chains are “Ethereum killers” appears to be false, as Ethereum TVL grew almost 9x, while its native token only grew 5.9x. Source link
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