Ethereum

The price of Ethereum (CRYPTO:ETH) has been on an upward swing lately, as it recently reached a record high of around $4,800 per token — an increase of more than 900% over the past 12 months. While there’s no way of knowing for certain how Ethereum will perform in the future, there’s a chance it could surpass $5,000 per token in the relatively near future. Does that mean it’s time to invest now? Here’s what you need to know. Image source: Getty… Source link

Ether (ETH) traders might have a few reasons to panic after today’s 13% drop down to $4,100. The swift pullback appears to have broken a 55-day ascending channel that had a target at $5,500. Ether/USD price at FTX. Source: TradingView Those not worried about technical analysis will understand that the cryptocurrency’s 3.4% daily volatility justifies the 10% negative price swing. Still, one should not disregard externalities such as the United States infrastructure bill approval on Monday. The… Source link

advertisement The Ethereum Foundation, a non-profit organization supporting Ethereum and other blockchain technology, which is separate from Ethereum tech development, is setting aside $1 million USD for grants designed for Ethereum and blockchain tech education and advocacy.  According to a blog post published on Tuesday, the Ethereum Foundation will split the million-dollar grant pool into two halves: $500,000 for Coin Center, Electronic Frontier Foundation and Fight for the Future —… Source link

What happened  The explosion of cryptocurrency prices seems to have come to an abrupt halt late on Monday night as a broad crypto sell-off commenced. As of 11 a.m. EST on Tuesday, every major cryptocurrency was down big, with some trading 10% lower in the past 24 hours.  Bitcoin (CRYPTO:BTC) is the biggest and most notable move in the world of cryptocurrency, falling 5.8% in the past 24 hours. After peaking at about $69,000 last week, the value of a… Source link

The top cryptocurrencies by market capitalization keep changing over time as the industry matures. Solana (SOL) has seen its value skyrocket so far this year and has been consistently processing over 2,500 transactions per second. The cryptocurrency’s price, according to TradingView data, is up nearly 13,000% year-to-date as the year started with SOL trading slightly below $2. Solana is now changing hands-on exchanges for around $240. Solana is a blockchain platform that aims to achieve high… Source link

Crypto prices have been on a tear this year. Ozan Kose/AFP/Getty Images

There are a few good reasons why Bitcoin (CRYPTO:BTC) gets a lot of attention from crypto investors. For one thing, it was the first cryptocurrency. And second, its value has reached meteoric highs, with a gain of more than 300% over the past year.  Finding the next Bitcoin has become the primary focus for some crypto investors, and for them, I propose that they turn their attention to Ethereum (CRYPTO:ETH). There’s no guarantee that Ethereum will… Source link

Ethereum price: How much is Ethereum worth today? Ethereum price today, price prediction and 2.0 release date (Image credit: Fernando Cortes/Canva Pro) With the cryptocurrency market continuing to boom as Bitcoin soared to a new record high once more on Tuesday, crypto fans old and new are increasingly turning their eyes to Ethereum – the world’s second most popular cryptocurrency and platform. Ethereum’s price has skyrocketed along with Bitcoin in the past year, reaching an initial… Source link

Ethereum price: How much is Ethereum worth today? Ethereum price today, price prediction and 2.0 release date (Image credit: Fernando Cortes/Canva Pro) With the cryptocurrency market continuing to boom as Bitcoin soared to a new record high once more on Tuesday, crypto fans old and new are increasingly turning their eyes to Ethereum – the world’s second most popular cryptocurrency and platform. Ethereum’s price has skyrocketed along with Bitcoin in the past year, reaching an initial… Source link

Ethereum (ETH) had recently dropped below an ascending wedge formation, as shown in blue on the following chart, and since then lost its short-term bullish momentum. ETH is now facing crucial support level as described below. Key Support levels: $4,354, $4K Key Resistance levels: $4,689; $5,075 Over the past week, amid a new ATH for ETH, the bulls were unable to push the coin above the coveted $5,000 mark. The current ATH lies at $4,878 (recorded on Wednesday). Since then, the… Source link