Ethereum

Ethereum Ethereum rallied by 9.11% on Monday. Following on from a 4.78% gain on Sunday, Ethereum ended the day at $2,533.99. A mixed start to the day saw Ethereum fall to an early morning intraday low $2,306.03 before making a move. Steering clear of the first major support level at $2,206, Ethereum rallied to a final hour intraday high $2,541.99. Ethereum broke through the first major resistance level at $2,398 and the second major resistance level at $2,474 to wrap up the day at $2,500… Source link

Ethereum (CRYPTO:ETH) held support at the important $1,950 level. It was apparent that there would be support at this level because it had previously been a resistance level. The low trade on April was right at $1,950. Since then, it has been trending higher. Now ETH has hit resistance at the $2,500 again, which is where peaked on April 15 before it sold off. Resistance is a large group of sellers all trying to get the same price. In this case, it’s $2,500…. Source link

Cardano founder Charles Hoskinson Charles Hoskinson By nature of his background as a mathematician by trade, as well as his history as one of the co-founders of Ethereum, Cardano founder Charles Hoskinson is uniquely positioned to understand the importance and interplay between theory and application when it comes to blockchain development. Finding the right balance between these two disciplines is very difficult, yet critical to achieving mainstream adoption of crypto. Whichever… Source link

The Ethereum price has bounced back after crashing by more than 20% a week ago. ETH is trading at $2,457, which is just 7% below its all-time high of $2,647. Its market cap has bounced back to more than $284 billion while its 24-hour volume has increased to more than $40 billion.  What happened: Last week, the price of Ethereum and other digital currencies dropped sharply as investors waited for the next major catalyst. That’s after the previous catalyst, the… Source link

Ethereum sees bullish momentum on Sunday as gas fees drop to levels not seen in weeks. Ethereum managed to stage a comeback on Sunday following a dismal weekend which was led by a weakening bitcoin. ETH managed to reach a new all-time high of $2,645 on Binance. The blockchain also saw its active ethereum address hit a new all-time high of 771,000. Previously held in November 2020 at 739,000. Ethereum had since declined with bitcoin which had seen a full week of bearish selling in the market…. Source link

Digital currencies have surged this year. But what if you’d invested much earlier? It’s always fun to play the “what if?” game with investments, especially when top cryptocurrencies have soared in value since being launched. If that’s something that intrigues you, keep reading to see how much you would have made if you’d invested in Ethereum from day one. What is Ethereum? Ethereum (ETH) is the world’s second-biggest cryptocurrency, behind Bitcoin (BTC). It was launched in July 2015 and first… Source link

Ethereum is currently recovering from a dramatic 20.68% sell-off just 24-hours after it formed a new all-time high of $2,645. At the time of writing the world’s second largest cryptocurrency is trading at $2,262 after bouncing by more than 8% from its overnight lows. The sell-off was reflected across the wider cryptocurrency market, with Bitcoin slumping below $50,000 for the first time since March 7 as speculators begin to question whether the bull market has come to its conclusion. It’s… Source link

Miners have raised Ethereum’s gas limit to almost 15 million for the first time in a bid to relieve transaction congestion at a time when on-chain activity is increasing with ether’s price (ETH) up 2.8% on the day to $2,456. The Ethereum gas limit sets a ceiling for how many operations can be included in each block. Before the increase, miners set Ethereum’s gas limit at 12.5 million until Ethereum creator Vitalik Buterin suggested raising it last week on Reddit, in light of recent code… Source link

A flurry of activity on the decentralized cryptocurrency exchange PancakeSwap has helped to push the number of transactions on Binance’s smart-contract blockchain, Binance Smart Chain (BSC), to five times that of the perceived industry leader, Ethereum. While the Ethereum blockchain processed a record 1.56 million transactions on Wednesday, BSC registered a total transaction volume of 9.13 million, according to data provided by EherScan. BSC-based PancakeSwap, which generates liquidity from… Source link

The price of Ether (ETH) fell by 19.6% on April 18, resulting in the quick liquidation of $1 billion in long futures contracts. Despite the size of this record liquidation and its impact on Ether’s price, the futures open interest remained above $20.5 billion, which is 5% below the previous month. After the sell-off, there were signs that investor sentiment deteriorated, which was evident in derivatives markets. Historically, there’s much higher borrowing demand for Ether longs as opposed to… Source link