Ethereum

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – March 25th, 2021

Ethereum Ethereum slid by 5.19% on Wednesday. Following on from a 0.79% decline on Tuesday, Ethereum ended the day at $1,581.79. A bullish start to the day saw Ethereum rise to a mid-day intraday high $1,740.91 before hitting reverse. Ethereum broke through the first major resistance level at $1,711 before sliding to a late intraday low $1,550.0. The extended sell-off saw Ethereum fall through the first major support level at $1,639 and the second major support level at $1,610. More… Source link

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Ethereum derivatives lean bullish even as ETH price sits at a key support

Ether (ETH) lost the $1,750 support on March 22, which marked a 7% loss and $230 million worth of futures contract liquidations. It has been holding near the strong support at $1,670, although investors are unwilling to open new long positions despite the price being 11% below the previous week’s high. Ether price on Coinbase, USD. Source: TradingView Binance Chain recently surpassed Ethereum’s transaction volume, and this startling growth in unique active wallets certainly played a part in… Source link

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Stratis’ InterFlux Protocol Adds Support for Ethereum, Hyperledger, DEXs & DeFi

LONDON, March 24, 2021 /PRNewswire/ — Blockchain as a Service (BaaS) platform Stratis’ support to private and public blockchain solutions, Ethereum and Hyperledger, opens the ecosystem to mainstream adoption by businesses. Stratis Stratis is developed to help make blockchain services accessible for businesses worldwide. In pursuit of that aim, it now supports interoperability with Ethereum, allowing firms to tap into the ease of use provided by Stratis Technologies while… Source link

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How Ethereum’s Governance Process Alters ‘The Merge’

The Ethereum developer community is pushing with guns blazing toward proof-of-stake (PoS). But a few speed bumps remain in the way, especially when reflecting on the Ethereum Improvement Proposal (EIP) process. Last Friday, Ethereum developers began spitballing possible dates for merging the Eth 2.0 client, the Beacon Chain, and the current Ethereum network, Eth 1.x, also known as Ethpow. One idea circulating among developer communities slates “The Merge” for after July’s London hard… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – March 23rd, 2021

Ethereum Ethereum slid by 5.78% on Monday. Following on from a 1.22% loss on Sunday, Ethereum ended the day at $1,681.02. A bearish start to the day saw Ethereum slide to an early morning low $1,754.25 before finding support. Steering clear of the first major support level at $1,749, Ethereum struck a late morning intraday high $1,806.39. Falling short of the first major resistance level at $1,819, Ethereum tumbled to a late intraday low $1,657.17. Ethereum fell through the first major support… Source link

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Ethereum Developer Sues CasperLabs, A Blockchain Company With Ties To Former U.S. Presidential Candidate Brock Pierce

Vlad Zamfir, an ethereum developer who is working on an alternative blockchain called casper, is suing CasperLabs, a blockchain research and development company with ties to cryptocurrency investor and former U.S. presidential candidate Brock Pierce. Zamfir has accused Switzerland-based CasperLabs of using casper in marketing materials for CasperLabs in a way that might mislead potential investors ahead of an imminent fundraising, scheduled for the coming three days. Pierce, who’s… Source link

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Ethereum Miners unite with a #ShowofForce in collaboration with Ethereum Genesys Fork

IBC’s Khurram Shroff has joined the board of Ethereum Genesys Foundation as a show of commitment to preserve the decentralized nature of Blockchain. Ethereum has escalated ETH 2.0 merge, as Ethereum GENESYS plans a Mining Fork of Ethereum, in a move to save Miners from Quick Merge, and enable Defi and NFTs. Gregory Prekupec, Founder and Director of Ethereum Genesys, and noted Canadian Blockchain technology lawyer, has pledged support to the Ethereum Genesys Foundation. This multiple backing… Source link

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Ethereum bulls may reemerge after March $1.15B ETH options expiry

Over the past two months, the open interest on Ether (ETH) options increased by 50% to reach $3.1 billion, with ETH price gaining 44% in that time period. Ether’s price appreciation and the rising options open interest has resulted in a potentially historic $1.15 billion expiry set for March 26. Ether options aggregate open interest. Source: Cryptorank Most exchanges offer monthly exposures, although a few also hold weekly options for short-term contracts. February faced the most significant… Source link

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Ethereum fails to break out vs. Bitcoin as Treasury yields soar — Will ETH relief rally?

Ether (ETH), the native cryptocurrency of Ethereum, has failed to break out once more against Bitcoin (BTC) with BTC/USD rallying by more than 8% on March 18. There are two likely reasons why the ETH/BTC pair is failing to break through an important resistance level. First, BTC rallied strongly in a short squeeze after the majority of the market was short throughout the past few days, outperforming most alternative cryptocurrencies. Second, the overall macro landscape for the risk-on market is… Source link

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BTCS Ethereum 2.0 Staking Operation Producing Revenues From All 200 Nodes Other OTC:BTCS

Launching additional 40 nodes, increasing total staked to 7,680 ETH valued at approx. $13.8M Silver Spring, MD, March 18, 2021 (GLOBE NEWSWIRE) — BTCS Inc. (OTCQB: BTCS) (“BTCS” or the “Company”), a digital asset and blockchain technology focused company, today announced its recently expanded transaction verification services operation on ethereum 2.0 is fully operational with all 200 nodes generating revenue. The Company expects to launch an additional 40 nodes, expanding its… Source link

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