Ethereum Ethereum fell by 3.46% on Monday. Partially reversing a 4.19% gain from Sunday, Ethereum ended the day at $3,286.20. A mixed start to the day saw Ethereum rise to an early morning intraday high $3,430.00 before hitting reverse. Falling short of the first major resistance level at $3,507, Ethereum slid to an early afternoon intraday low $3,111.14. Ethereum fell through the first major support level at $3,266 and the second major support level at $3,128. Ethereum also fell through the… Source link
Read More »Bitcoin and Ethereum Eye Recovery, Altcoins Stable
Bitcoin price is consolidating near the USD 45,000 region. Ethereum is facing a major hurdle near USD 3,400, XRP is stuck below USD 1.12. SOL is rising and it could gain pace if it clears USD 175. Bitcoin price extended its decline below the USD 44,000 level. BTC even tested USD 43,500 before it corrected higher. The price is currently (04:26 UTC) consolidating near USD 45,000 and it seems like it could recover higher towards USD… Source link
Read More »Ethereum Transfer Fees Drop From Recent Highs, L2 ETH Solutions Between 46-97% Cheaper – Blockchain Bitcoin News
At the end of August, Ethereum network gas costs skyrocketed and tapped a high of $59 per transaction on September 7, according to the average transaction fee spent on that day. The median fee for an ether transaction on September 7 was around $20 per transaction. Days later, ether transaction fees have subsided to a degree as the median and average ether fees have been slashed in half since then. Ethereum Fees Subside, Transfer Costs Less Expensive One of the biggest complaints… Source link
Read More »Why Bitcoin, Ethereum, and Dogecoin Are Falling
What happened Top cryptocurrencies are coming under pricing pressure. Bitcoin (CRYPTO:BTC), Ethereum‘s (CRYPTO:ETH) Ether token, and Dogecoin (CRYPTO:DOGE) have all posted significant sell-offs today — with the tokens down 2.7%, 4.7%, and 3.7%, respectively, as of 4:15 p.m. EDT. It’s possible that more near-term volatility is in the cards. House Democrats outlined plans for a series of tax increases on Monday, and the proposals from legislators… Source link
Read More »Ethereum price ready for 5% correction before buy-the-dip playbook
Ethereum price is in a consolidation phase around $3,267. Expect a break lower first in the breakout. Support comes in for Ethereum around $3,018. Ethereum (ETH) is in a consolidation phase, with the symmetrical triangle being formed since September 7. Price action is getting squeezed in from both sides with lower highs and higher lows. With two tests on the upside of the symmetrical triangle, this acts as an element a little more in favor of the sellers and a… Source link
Read More »‘Shark Tank’ star Kevin O’Leary slams ethereum’s speed, touts a trillion-dollar opportunity in bitcoin, and calls for US regulation in a new interview. Here are the 8 best quotes. | Currency News | Financial and Business News
Kevin O’Leary. Andrew Burton/Getty Images Kevin O’Leary said ethereum’s network speed is too slow, and called for US crypto regulation in a CNBC interview. Bitcoin could see inflows worth a trillion dollars if regulators class crypto as an asset and approve an ETF, he said. O’Leary said people don’t want to be “cowboys” and fall foul of regulators by investing in crypto. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. “Shark Tank” investor Kevin O’Leary… Source link
Read More »Ethereum Layer-2 TVL breaks $3bn barrier
The total value locked (TVL) on Ethereum Layer-2 solutions has breached the $3bn barrier as DeFi ‘degens’ and Ethereum enthusiasts seek lower gas fees and lucrative DeFi opportunities. According to data from L2Beat – an L2 comparison platform – the total TVL on Layer-2 solutions now stands at more than $3bn, with Arbitrum contributing to $2.2bn – almost 75% – of the total TVL. Data also shows that the daily transaction volume was about 267k yesterday – a growth rate of over… Source link
Read More »Why Ethereum Remains At Risk of A Fresh Drop To $3K
Ethereum is struggling to climb above $3,500 against the US Dollar. ETH price is moving lower and it could decline further below the $3,200 support zone Ethereum failed to clear the $3,450 level and started a fresh decline. The price is now trading well below $3,400 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $3,400 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend its decline if there is a clear… Source link
Read More »Bitcoin and Ethereum Turn Red, DOT Continues To Outperform
Bitcoin price failed to continue higher and declined below USD 45,000. Ethereum is trading well below USD 3,300, XRP revisited USD 1.0. DOT rallied over 11% and it broke the USD 35 level. Bitcoin price attempted a close above the USD 46,000 pivot zone, but it failed. BTC started a fresh decline and it traded below the USD 45,000 support. It is currently (04:24 UTC) consolidating and it remains at a risk of a move towards the USD… Source link
Read More »An investor's guide to Solana, the Ethereum alternative that's up 300% in the last 30 days – CNBC
Solana logo displayed on a phone screen and representation of cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on August 21, 2021. Jakub Porzycki | NurPhoto | Getty Images Solana, a one and a half-year-old blockchain network, has been getting a lot of attention the past couple weeks as its token, sol, has surged to become the sixth largest cryptocurrency by market cap, according to CoinGecko. Source link
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