Ethereum

The price of Ether (ETH) nearly hit a new all-time high on Oct. 21 before falling below $4,000 after the $435-million options expiry on Oct. 22 soured the mood. The Ethereum network is set to take another step toward Ethereum 2.0 on Oct. 27 at epoch 74240 with the Altair upgrade to Beacon Chain. Eth2 will be an entirely proof-of-stake (PoS) network, for which the community has been gearing up for over a year now. As per an Ethereum Foundation blog post explaining the development, Altair is an… Source link

Ethereum Continues To Move Higher Ethereum is currently trying to settle above $4,200 while Bitcoin pulls back after an unsuccessful attempt to settle above the $63,000 level. The world’s leading cryptocurrency failed to gain additional upside momentum and declined below the $63,000 level. Other cryptocurrencies show mixed dynamics. Solana, Dogecoin and Shiba Inu are mostly flat while XRP managed to settle above the resistance at $1.10 and is trying to get above $1.13. Bitcoin Dominance,… Source link

Ethereum price is forming a rounding bottom pattern, hinting at a 31% breakout. ETH needs to produce a decisive close above its all-time high at $4,387 to confirm an uptrend’s start. A breakdown of the $3,746 support level will invalidate the technical formation’s bullish thesis. Ethereum price has breached a crucial level, indicating the start of a run-up to new all-time highs. However, ETH is consolidating, gathering steam for the next leg that propels it… Source link

The price of Ethereum fluctuated throughout the week, but it rose 6.11% over that same period ending on October 24th. The coin is hovering around $4100 Monday morning after hitting a 5-month high above $4220 last week. The sudden increase in cryptocurrency prices following the debut of a Bitcoin ETF on Wall Street has caused both bitcoin and Ethereum to rise significantly. Coin prices have skyrocketed as coins are more popular than ever before with this innovative financial… Source link

Ethereum’s native token, Ether (ETH), has been declining against its top crypto rival, Bitcoin (BTC), since Sept. 3. Ether dropped in value against Bitcoin by almost 25% after topping out in September at 0.07955 BTC. As the top altcoin declined, it left behind a trail of lower highs and lower lows, thus forming an ascending channel. Later, ETH/BTC broke the channel to the upside on Saturday, raising anticipations about a strong extended recovery trend. But a selloff on Sunday and the ongoing… Source link

Bitcoin Bitcoin, BTC to USD, fell by 1.07% in the week ending 24th October. Following a 12.48% rally from the week prior, Bitcoin ended the week at $60,847.0. A mixed start to the week saw Bitcoin fall to a Monday low $59,883.0 before making a move. Steering clear of the major support levels, Bitcoin rallied to a Wednesday all-time high and intraweek high $66,958.0. Bitcoin broke through the first major resistance level at $64,990 before falling to a Saturday intraweek low $59,755.0. Continuing… Source link

Ealier this year THORChain underwent a series of protocol exploits which led to $8 million being drained from its reserves and these successive attack took a heavy tool on RUNE price. This week, the protocol announced that it would re-open its Ethereum pool, along with other altcoin and BTC-based pools and the announcement appears to be having a positive impact on RUNE price. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $2.95 on July 20, the price of… Source link

Ashley Tolbert Contributor Tarah Wheeler Contributor Ethereum is the world’s most popular digital contract compiler, maintained by many but owned by none. Perhaps one of the most interesting factors behind its popularization is the future it paints — one that transforms our current internet standards for ownership, value creation and, most importantly, privacy. A transformed future? Not only can apps be… Source link

The world’s second most valuable cryptocurrency, ether, has been touching all-time highs in price ahead of a major upgrade of its underlying platform, ethereum. Ether is currently worth in aggregate just shy of US$500 billion (£363 billion). That’s still slightly less than half that of the biggest cryptocurrency, bitcoin. But could this upgrade, a vital step towards a much greener and faster version of the current system, put ethereum on the path to becoming the dominant platform… Source link

Ethereum Tests Resistance At $4,150 Ethereum continues its attempts to settle above the resistance level at $4,150 while Bitcoin is moving higher after yesterday’s pullback. The world’s leading cryptocurrency has recently made at attempt to settle below the $62,000 level but failed to develop sufficient downside momentum and rebounded towards $63,000. In case Bitcoin manages to settle above $63,000, it will head towards the recent highs at $67,000 which will be bullish for the whole crypto… Source link