Ethereum

The competition among layer-one (L1) smart contract platforms has been on the rise in the past couple of months as traders and developers continue to embrace Ethereum (ETH) network alternatives that offer faster transaction times and lower fees. According to a recent report from Delphi Digital, the price of Ether has remained relatively flat over the past month while competitors like as Solana (SOL) and Fantom (FTM) have seen their prices rally more than 200% during the same time. Relative… Source link

Ethereum’s native token Ether (ETH) staged a rebound on Sept. 26 following a massive decline earlier this week that saw its prices plunging to as low as $2,651 on Coinbase. The ETH/USD exchange rate rose 3.63% to hit an intraday high of $3,030. The upside move amounted to a 14.3% upside retracement from the pair’s week-to-date low at $2,651, showing that traders attempted to retain their bullish bias despite potential headwinds ahead. Last week, Ether prices fell due to a flurry of issues… Source link

Ethereum price halted against a combination of solid Fibonacci and Ichimoku resistances. Sellers are likely to regain control and push Ethereum to new two-month lows. Oscillators support lower prices soon. Ethereum price faces the same assault as the broader market with news that China is officially made all cryptocurrency transactions illegal. The market was positioned perfectly for bearish news to give sellers more control. Ethereum price fails to hold above… Source link

What happened Cryptocurrencies fell on Friday after China furthered its crackdown on the industry. Here’s how some of the most popular cryptoassets were performing as of 3:30 p.m. EDT: So what Earlier this year, China banned cryptocurrency mining, an energy-intensive process that has drawn criticism from environmentalists for its potential to contribute to climate change. Chinese regulators also forbid the country’s financial institutions from… Source link

Ethereum (ETH) has been one of the most reliable performing cryptocurrencies of 2021. This article, Ethereum price prediction 2021, is about its technical analysis. Being one of the most grown players in the crypto field, Ethereum has developed trusted credibility among enterprise businesses. Its protocol’s real-world applications have also covered 11 significant categories that enterprise businesses could be interested in. And Ethereum’s massive community of developers, which works on… Source link

Text size The Chinese government has been getting tougher on cryptocurrencies. Rutmer Visser/Dreamstime Cryptocurrencies… Source link

The price of Ethereum’s native token Ether (ETH) crept lower Friday after China extended its crackdown on cryptocurrencies by deeming their transactions to be “illegal.” “Financial institutions and non-bank payment institutions cannot offer services to activities and operations related to virtual currencies,” the People’s Bank of China said in a statement on its website Friday, adding that online crypto services to Chinese residents offered by offshore exchanges are also “illegal financial… Source link

Ether (ETH) has been in a bearish trend since early September, and this week’s Evergrande-led market crash drove the price below $2,700 on Sept.20, its lowest level in 47 days. Curiously, just three weeks ago, Ether was testing the $4,000 psychological barrier, but this changed after mounting crypto regulatory concerns and the fear of China’s debt markets triggering a global sell-off intensified. This week United States Securities and Exchange Commission (SEC) Chairman Gary Gensler spoke to… Source link

What happened Popular cryptocurrency Dogecoin (CRYPTO:DOGE) got a boost from a surprising source yesterday. Adam Aron, CEO of movie theater chain AMC, shared on social media about his company’s need to start accepting payments with the cryptocurrency. As of 2 p.m. EDT, Dogecoin was only up 1% over the previous 24 hours. However, it’s up roughly 10% from this week’s lows. The world’s two largest cryptocurrencies, Ethereum (CRYPTO:ETH) and Bitcoin (

It has been a month since I last provided my Elliott Wave Principle (EWP) based insights into Ethereum (ETH), so it is time to continue the story. Back then, see here and here, I was looking for a more minor degree 4th wave pullback to ideally $2865, then a 5th wave rally to complete a larger 1st wave top at ideally $3585, followed by a more significant 2nd wave pullback to ideally $2400-2600. See Figure 1 below. What transpired? Ether had a complex (red) intermediate wave-iv to $2952 (August… Source link