I first bought a few Ether, the tokens that help power the Ethereum (CRYPTO:ETH) network, back in 2017 when cryptocurrencies were still a fairly new concept to most retail investors. I naturally sold off a little bit early not really seeing the big picture but ended up holding a little more than one Ethereum long-term, and boy do I wish I had bought more. Now seeing the potential of cryptocurrencies in general, I plan to keep holding Ethereum with… Source link
Read More »When Will Coinbase Release Your Staked Ethereum?
It’s been seven months since Coinbase Global (NASDAQ:COIN) allowed Ethereum (CRYPTO:ETH) investors to earn some money on the crypto they’re holding. Getting it out is another story. Cryptocurrency traders celebrated when Coinbase announced in April it was adding Ethereum to the handful of cryptocurrencies that pay interest for those willing to let the exchange stake it on their behalf. The risk — that to its credit was explicitly stated by Coinbase… Source link
Read More »Ethereum 2.0 node count drops to a one-month low as ETH price climbs to new heights
The number of Ethereum addresses holding 32 or more Ether (ETH) reached a one-month low on Nov. 9. The number of externally owned Ethereum accounts (EOAs) holding at least 32 ETH fell to 108,949 compared to 108,965 on Oct. 22, according to data from Glassnode, a sign that traders and investors ignored the prospects of becoming validators on its upcoming proof-of-stake blockchain, dubbed Ethereum 2.0. Ethereum addresses with 32+ ETH deposit. Source: Glassnode In detail, staking in Ethereum 2.0… Source link
Read More »Why Bitcoin, Ethereum, and Dogecoin Jumped on Monday
What happened The value of cryptocurrencies jumped over the weekend and that momentum continued early in Monday trading. Crypto has been volatile all year, but the trading trends are moving higher as people become more comfortable owning cryptocurrency and the government starts to take it more seriously. In the last 24 hours, Bitcoin (CRYPTO:BTC) is up 6.1% and is trading right at $66,000 at 1:20 p.m. EST. Ethereum’s (CRYPTO:ETH) move is a bit… Source link
Read More »DeFi tokens see double-digit gains as Ethereum and Bitcoin chase new highs
Momentum in the cryptocurrency market is back on the rise on Nov. 8 after a solid rally from Bitcoin (BTC) placed its price back above $66,000 and Ether (ETH) hit a new all-time high at $4,793. The gains from the largest two cryptocurrencies helped to kick-start a market-wide rally that lifted the total cryptocurrency market cap above $3 trillion for the first time. Unlike previous rallies where BTC made significant gains at the expense of the altcoin market, this time the majority of… Source link
Read More »Ethereum Gas Fee Drops Drastically As Price Hits All-Time High Above $4,700
Ethereum (CRYPTO: ETH) gas fees have dropped to uncharacteristically low levels in the last week despite the asset’s price surging to an all-time high of $4,762. What Happened: According to data from Etherscan, the average transaction fee on the Ethereum network was $27.08, representing a decline of 11% in the last day. On Tuesday of last week, average gas fees on Ethereum were as high as $56, meaning that in the last week, the average Ethereum transaction fee has declined by more than… Source link
Read More »Crypto Strategist Benjamin Cowen Says Ethereum Is an ‘Absolute Beast,’ Outlines Next Milestone for ETH
A closely followed trader and crypto analyst is calling Ethereum an ‘absolute beast’ as he predicts the bull market for the leading smart contract platform could extend into 2022. In a new strategy session, Benjamin Cowen tells his 598,000 YouTube subscribers that Ethereum (ETH) has been in a strong uptrend since March of 2020. “If you zoom out on Ethereum, look at what it’s done over the last 18 months or so, more than 18 months. It basically has just been going up with… Source link
Read More »What Role Should Shiba Inu, Bitcoin, and Ethereum Play in Your Portfolio?
Cryptocurrencies have taken the world by storm. With tokens including Shiba Inu (CRYPTO:SHIB), Bitcoin (CRYPTO:BTC), and Ethereum‘s (CRYPTO:ETH) ether up roughly 75,000,000%, 110%, and 523%, respectively, this year, it’s not hard to see why. However, investors should still be mindful about which coins they put their money behind. Read on to see what role a panel of Fool.com contributors think three of the most popular cryptocurrencies should play… Source link
Read More »Better Buy: Shiba Inu vs. Ethereum
Shiba Inu (CRYPTO:SHIB) and Ethereum (CRYPTO:ETH) have been making headlines lately for their record-breaking returns. Ethereum recently reached a new high of around $4,500 per token, while the price of Shiba Inu has soared by a staggering 107% over the past two weeks. While both cryptocurrencies may be tempting investments, they’re very different in many ways. If you’re considering investing in either Shiba Inu or Ethereum, here’s how to decide… Source link
Read More »Altcoins surge even as Bitcoin and Ethereum price fall toward key support levels
Price action in the crypto market has not been for the faint of heart over the past 48-hours and it’s clear that volatility following Bitcoin (BTC) and Ether’s (ETH) breakouts to new all-time highs. While the top two cryptocurrencies fight to hold key support levels, the altcoin market has seen a handful of tokens post double-digit gains on Nov. 5 and Cointelegraph Markets Pro’s altseason indicator suggests the current market conditions line up with previous altseason price moves. Top… Source link
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