Ethereum

Bitcoin and Ethereum have taken off in 2021 and have further upside, predicts strategist Lyn Alden. Cryptocurrencies are highly volatile and dependent on sentiment, headlines, and regulatory policies. According to Alden, there are only two altcoins that are worth considering. Bitcoin (BTC) will hit $100,000 in 2022 and Ethereum will reach $5,000, predicts Lyn… Source link

Tomorrow, the first backward-incompatible upgrade for the Ethereum 2.0 Beacon Chain will be activated on the Pyrmont test network. The upgrade, dubbed “Altair,” will introduce a number of code changes, including increased penalties on validator misbehavior and improved functionality for lightweight versions of Eth 2.0 software.  (More information about what to expect from Altair can be found in a previous issue of Valid Points.) This article originally appeared in Valid Points,… Source link

BackyardProduction / iStock.com Cryptocurrencies have skyrocketed in popularity recently and this trend shows no signs of slowing. Given all the talk around these digital assets, you might be wondering whether now is the time to invest. But before pulling the trigger, it’s always a good idea to have an understanding of the underlying asset. Cryptocurrency is no exception and it is quite different than investing in stocks or bonds. Find Out: Where Does Cryptocurrency Come From?Binance Coin… Source link

Ethereum price holds steady above the $3,000 psychological level, as it eyes higher highs. ETH worth $183 million was burned after the London hard fork ushered in a new era of deflation. On-chain metrics show little-to-no resistance levels, hinting at a bullish outlook for the altcoin. Ethereum price is currently experiencing a pullback after attempting to rally through a thicket of resistance barriers. However, the retracement seems to be holding above a crucial… Source link

Ethereum‘s native Ether token (ETH) may beat Bitcoin (BTC) to new all-time highs, fresh analysis reveals. In a tweet on Aug. 18, Ki Young Ju, CEO of on-chain analytics service CryptoQuant, highlighted a “sell-side liquidity crisis” which could yet give ETH the edge over BTC. Ethereum liquidity shortfall “intensifying” With Bitcoin up over 50% versus its lows of $29,000, altcoins have also begun to reawaken, with Ethereum no exception. The largest altcoin has recaptured $3,000, a level… Source link

Ethereum Classic (CRYPTO: ETC), Ethereum (CRYPTO: ETH) and Bitcoin (CRYPTO: BTC) were just a few of the popular cryptocurrencies consolidating on Tuesday. All three cryptos had a relative strength index (RSI) registering above 70% which put them into overbought territory and the consolidation was needed. For technical traders, an extended RSI is a sell signal and some traders of the cryptos may have decided to sell some or all of their positions with the hope to buy back and lower or average… Source link

Ethereum Classic (CRYPTO: ETC), Ethereum (CRYPTO: ETH) and Bitcoin (CRYPTO: BTC) were just a few of the popular cryptocurrencies consolidating on Tuesday. All three cryptos had a relative strength index (RSI) registering above 70% which put them into overbought territory and the consolidation was needed. For technical traders, an extended RSI is a sell signal and some traders of the cryptos may have decided to sell some or all of their positions with… Source link

Leading the crypto market for the past month, Ethereum still displays conviction as it moves back to previous highs. The second cryptocurrency by market cap has slow down in the past day, but still seems bullish to records more gains in the short term. At the time of writing, ETH trades at $3,157 with a 2% loss in the daily chart. After the EIP-1559 was introduced with the Hard Fork London, Ethereum took a stronger momentum to the upside. ETH with minor losses in the 24-hour chart. Source: Source link

The daily supply of Ethereum is under heavy pressure as the leading smart contract platform now burns thousands of ETH per day. Etherchain, an Ethereum on-chain monitoring tool, shows that the second-largest crypto asset is now torching 4.23 ETH per minute, which equates to 6,091.2 ETH burned per day, worth over $19 million at time of writing.   Etherchain also indicates that the network has burned a total of 54,482 ETH, worth over $172 million, since Ethereum launched the London… Source link

Seven years ago, eight brainiacs with diverse talents and lofty ambitions broke bread in Zug, Switzerland, and hashed out the future of what would become the world’s busiest blockchain. Get Our Icahn eBook! Get our entire 10-part series on Carl Icahn and other famous investors in PDF for free! Save it to your desktop, read it on your tablet or print it! Sign up below. NO SPAM EVER Q2 2021 hedge fund letters, conferences and more With Ethereum, the enterprising octad sought… Source link