A leading cryptocurrency analyst and trader is predicting that two of the largest crypto assets by market cap are primed for a rally. The pseudonymous analyst known as Smart Contracter tells his 180,200 Twitter followers that leading smart contract platform Ethereum is set to break out against Bitcoin (ETH/BTC). “ETH/BTC when, not if.” Source: Smart Contracter/Twitter According to Smart Contracter’s chart, the pair could take out its diagonal resistance and rally to above 0.14… Source link
Read More »Is it on track for $5,000?
Ethereum’s native cryptocurrency – ether (ETH) – moved up with bitcoin (BTC) to reach a new all-time high above $4,850 on 10 November. However, at the time of writing (13 November), the coin slipped lower to trade at $4,635. Cryptocurrency markets have soared this year, driven by rising institutional interest in bitcoin, as well as the emergence of decentralised finance (DeFi) and non-fungible tokens (NFTs) running on the Ethereum blockchain. The ETH price has also found support as a Source link
Read More »Ethereum ‘has to bounce’ as ETH bulls pin $5K rally hopes on critical support channel
Ethereum’s native token Ether (ETH) could see yet another strong rebound in the sessions ahead as its price falls into a trading zone with a recent history of attracting buyers. The rising trendline has been triggering ETH’s price rebounds since the beginning of October 2021 and comes as a part of a broader Ascending Channel range. ETH/USD four-hour price chart featuring the Ascending Channel setup. Source: TradingView As a result, Ether’s path of least resistance has been to the upside despite… Source link
Read More »We don’t want to kill ‘beautiful’ Ethereum
While many pundits have labeled Solana (SOL) as an “Ethereum killer” due to its lower fees and faster transaction times, Solana Labs co-founder Raj Gokal said the project has no desire to kill the cryptocurrency — and wouldn’t be able to if it did. Gokal made the comments in response to a Nov.10 Twitter post from the co-founder of venture capital firm Placeholder, Chris Burniske who wrote that “despite pretty words, L1 knives are fully out. In crypto, generally, people want their… Source link
Read More »Discord Shutters Plans for Ethereum Integration After Community Backlash
The social network cancelled plans to integrate Metamask and WalletConnector after outrage sparked by a tweet from its CEO teasing the features. Nov 11, 2021 at 8:11 p.m. UTC Updated Nov 11, 2021 at 8:53 p.m. UTC Discord co-founder and CEO Jason Citron (Kimberly White/Getty Images for TechCrunch) Source link
Read More »Ascending channel pattern and Ethereum options data back traders’ $5K ETH target
Ether (ETH) bulls seem excited by the recent $4,870 all-time high that was hit on Nov. 10. While it was a new high in U.S. dollar terms, ETH is still 51% below June 2017’s price in Bitcoin (BTC) terms. But it’s entirely possible that the 0.155 BTC level reached in the previous cycle reflected the overzealous expectations that were rampant during the initial coin offering frenzy. The Ethereum network’s success has caused congestion and high fees, bringing the competition closer. For… Source link
Read More »Why Bitcoin, Ethereum, and Dogecoin Are All Down Big Today
What happened After weeks of almost continuous good news for the cryptocurrency industry, we are seeing a widespread sell-off today. Big cryptocurrencies are down, altcoins are down, and even meme coins are having a rough day. In the last 24 hours, Bitcoin (CRYPTO:BTC) is down 5%, Ethereum (CRYPTO:ETH) is down 1.3% after being down as much as 8%, and Dogecoin (CRYPTO:DOGE) has fallen 2.4% as of 1 p.m. EST. Very few cryptocurrencies are trading… Source link
Read More »Premarket stocks: Rivian is America’s biggest IPO since Facebook
What’s happening: The company priced its stock above the expected range at $78 apiece, allowing it to raise an estimated $11.9 billion. That’s the biggest haul for a US firm since Facebook brought in $16 billion in 2012. The initial public offering is the largest globally of the year, and the 12th largest listing ever, according to data provider Refinitiv. Shares started trading at $106.75, a 37% leap. That values Rivian at almost $93 billion, more than both General Motors, which has a market… Source link
Read More »How's 'Zelda' Doing? Our Ethereum Validator Check-In – CoinDesk
Block proposals are few and far between for individual validators because only 7,200 blocks are produced each day and more than 256,000 validators are live on the Beacon Chain, giving Zelda a 2.8% chance of getting a block proposal each day. In fact, we had zero proposals between June 2 and Oct. 5. Thankfully, Zelda has resumed cranking out block proposals, with two during the last month. Source link
Read More »What to Know Before Investing in Ethereum?
Ethereum is the second-largest cryptocurrency by market capitalization right after Bitcoin in the market. The founders claim that Ethereum is a decentralized financial system built on blockchain, not just a medium of exchanging or storing value on the Internet. The article below will provide basic information about Ethereum and the difference between Ethereum and Bitcoin. We hope this is valuable information for your Ether fund. What is… Source link
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