Ethereum

The world’s largest and most popular cryptocurrency, Bitcoin, soared to $50,000 in value as investors and traders buoy the cryptocurrency to levels seen earlier this year. Renewed confidence in the coin and has been reflected in its steady growth toward a much-anticipated return to a one trillion dollar cap. Bitcoin was lifted above the $50k threshold this morning at approximately 4am BST, when the coin jumped to $50,084.44. Sign up to our daily newsletter The i newsletter cut through the… Source link

Crypto trader Lark Davis is naming four assets that he says are “nibbling away” at the market cap of leading smart contract platform Ethereum. In a new video, Davis tells his 419,000 YouTube followers that Binance Smart Chain (BSC) is one of Ethereum’s top competitors, as it enjoys the backing of global crypto exchange Binance.   “There’s lots of things happening on the Binance Smart Chain. $17.4 billion of total value locked over on the Binance Smart Chain right now. You… Source link

Payal Shah, CME Group AT A GLANCE Ethereum is practically synonymous with DeFi because it powers many cryptocurrencies in the decentralized finance sector. Ether is no longer following bitcoin’s price fluctuations as closely as it once did, and it is starting to be driven by its own catalysts. Ethereum is now six years old. But in that short time frame since its launch on July 30, 2015, a lot has happened. Ethereum has established itself as the most actively used… Source link

The Ethereum (ETH/USD) price darted higher during the weekend as cryptocurrency prices rallied. The coin jumped to $3,340, which was an important level of resistance. Its total market capitalization also rose to more than $389 billion. Ether rally continues Ethereum prices jumped as Bitcoin and the other altcoins maintained their bullish momentum. The most important milestone was that Bitcoin managed to move above the key resistance level at $50,000.  Are you… Source link

Ethereum price maintains support near the 50% retracement at $3,042. ETH flashes a bearish momentum divergence on the daily Relative Strength Index (RSI) for the first time since February. Ethereum price currently shows a 41.08% gain for 3Q, marking the seven consecutive positive quarter. Ethereum price climbed almost 100% from July 20 low to the August 16 high before stalling at the 61.8% Fibonacci retracement of the May-July decline at $3,358. The rally’s strength… Source link

On Saturday morning Ethereum Classic (CRYPTO: ETC), along with apex cryptocurrency Bitcoin (CRYPTO: BTC) and the ever-popular Dogecoin (CRYPTO: DOGE), was consolidating Friday’s bullish trek north. All three cryptos have recently had a relative strength index (RSI) of over 70% which puts them into overbought conditions for technical traders. A cryptocurrency, like a stock, always enters into a period of consolidation after either a large incline or decline. Ethereum Classic rose 137%… Source link

As the crypto markets start to heat up after a season of cooldown, Ethereum (ETH) and Bitcoin (BTC) whales are staying active, moving nearly $2 billion in crypto assets over the past 24 hours. In a series of six transactions, crypto whales relocated 411,799 ETH worth more than $1.34 billion to various wallets within five hours.   Data from the crypto tracker Whale Alert shows the breakdown of the six Ethereum transfers: In addition to the massive moving sums of ETH, one Bitcoin… Source link

Ethereum Plunges 85% In Bearish Trade Investing.com – was trading at $469.22 by 00:44 (04:44 GMT) on the Investing.com Index on Saturday, down 85.44% on the day. It was the largest one-day percentage loss ever. The move downwards pushed Ethereum’s market cap down to $383.54B, or 18.31% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $479.29B. Ethereum had traded in a range of $469.22 to $3,287.68 in the previous twenty-four hours. Over the past seven… Source link

Ethereum Classic (CRYPTO: ETH) is trading higher Friday, as it is moving higher with other popular cryptocurrencies such as Bitcoin (CRYPTO: BTC), Bitcoin Cash (CRYPTO: BCH), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE). All but five of the 76 tradable assets on Coinbase Global Inc.’s (NASDAQ:COIN) platform are trading higher Friday.  Ethereum Classic was up 2.51% at $67.48 at last check. See Also: How to Buy Ethereum Classic Ethereum… Source link

Last week, see here, I was looking for a smaller degree 4th wave pullback, then a 5th wave rally to complete a larger 1st wave top. Ethereum, aka Ether (ETH), took a slight detour by first rallying to the ideal 161.80% extension for a b-wave and then dropped into this week’s low for what is most likely the c-wave of wave-iv and wave-v (the “Rally”) to ideally $3415-3585 should now be underway. See Figure 1 below. Figure 1. ETH daily chart with EWP count and technical indicators. The… Source link