Ethereum

The cryptocurrency ether runs on the ethereum network. Dado Ruvic/Reuters Ethereum’s token looks set for a breakout and could soon top $4,900, research house Fundstrat has forecast. Analysts said ether’s market share has grown in recent days, a positive sign for the DeFi-friendly token. However, the crypto market is far from predictable, and excitement was building around bitcoin Friday. Ether looks set for a breakout and could soon top $4,900, a new record high, according to… Source link

The cryptocurrency ether runs on the ethereum network. Dado Ruvic/Reuters Ethereum’s token looks set for a breakout and could soon top $4,900, research house Fundstrat has forecast. Analysts said ether’s market share has grown in recent days, a positive sign for the DeFi-friendly token. However, the crypto market is far from predictable, and excitement was building around bitcoin Friday. Ether looks set for a breakout and could soon top $4,900, a new record high, according to… Source link

Ether (ETH) entered a slightly bullish channel earlier this month, and currently the price is marching toward the $3,800 level. Despite the recent turbulence, Ether bulls are set to bag a $53 million profit on this Friday’s weekly options expiry.  Investors also appear to be disinterested in Ether’s recent underperformance versus Bitcoin (BTC), and to date, the altcoin’s gains stand at 265%. If Ether manages to stay above $3,600 on Friday, 99% of the $180 million put (sell) options will… Source link

Ethereum is making a serious move to re-test the $4,000 level of resistance following a sensational 35.96% push to the upside since the start of the month. The world’s second-largest cryptocurrency has regained a bullish posture on all timeframes after breaking out of September’s downtrend, which saw it slump from $4,000 to as low as $2,500. If Ethereum can break the psychological level at $4,000 before the month is over, it will likely drive towards a new all-time high above $4,400 before… Source link

Ethereum price saw bulls entering at the monthly pivot near $3,429. Price action to the upside got rejected at the monthly R1 resistance level at $3,836 and just a few bucks shy of the red descending top line.  With bulls taking the upper hand this week, expect a further continuation with a break of the red descending trend line and a retest of $4,085. Ethereum (ETH) price is on the verge of breaking higher after the first week of October offered bulls an… Source link

Check out what’s clicking on FoxBusiness.com. Bitcoin was trading more than 4.3% lower Wednesday morning. After hitting $57,000 on Tuesday, Bitcoin was trading at around $54,750 per coin, while rivals Ethereum and Dogecoin were trading around $3,445 (-1%) and 22.3 (-0.58%) cents per coin, respectively, according to Coindesk. A Mississippi Baptist church has become the first Southern Baptist church to accept cryptocurrencies for donations and tithes.  MISSISSIPPI SOUTHERN BAPTIST CHURCH… Source link

As the world’s second-largest cryptocurrency, Ethereum (CRYPTO:ETH) has a following that may even be stronger in some ways than that of Bitcoin (CRYPTO:BTC). The Ethereum blockchain happens to be the building block upon which a range of stable coins, dApps, decentralized exchanges, and NFT exchanges (we’ll get to that in a minute) are built on. Investors who bought into Ethereum five years ago are currently up more than 270-fold. That kind of… Source link

Ethereum’s native token, Ether (ETH), rallied by more than 15% in the first 12 days of October. But, compared to Bitcoin’s (BTC) 30% gains in the same period, the second-largest cryptocurrency is currently in a downtrend when priced in BTC. So far into October (and the fourth quarter of 2021), the ETH/BTC exchange rate has plunged by over 12%, reaching 0.060215 BTC for the first time in more than two months on Oct. 12. ETH/BTC daily price chart. Source: TradingView The drop also pushed Source link

Check out what’s clicking on FoxBusiness.com. Bitcoin was trading more than 1.1% higher Tuesday morning. The price was around $57,134 per coin, while rivals Ethereum and Dogecoin were trading around $3,475 (-3.39%) and 22.3 cents (-5.98%) per coin, respectively, according to Coindesk. JPMorgan Chase CEO Jamie Dimon is no fan of Bitcoin, and he reiterated his feelings Monday by calling the cryptocurrency “worthless” while likening trading it to smoking cigarettes. VOLT EQUITY’S… Source link

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