Ethereum

You don’t have to buy Bitcoin (CRYPTO:BTC) or Ethereum (CRYPTO:ETH) tokens directly to gain some cryptocurrency exposure these days. Investors looking for a flexible stock exchange-listed play with little-to-no upfront costs may want to consider Grayscale Bitcoin Trust (OTC:GBTC) or the smaller Grayscale Ethereum Trust (OTC:ETHE) as a fresh portfolio addition. There are some pros and cons for going with one of Grayscale’s trusts, and we’ll kick those… Source link

LOS ANGELES, March 17, 2021 /PRNewswire/ — CryptoSignatures.org has released the first and only collection of 1 of 1 world-famous signatures on the Ethereum blockchain through the NFT marketplace opensea.io. The NFT collection includes digital representations of signatures from legendary athletes, musical geniuses, tech titans, and the world’s most famous and influential people.  Only one CryptoSignature per person will ever be released and minted to the blockchain. For thousands of… Source link

Eth 2.0 may be coming to a computer screen near you quicker than most anticipated, including the Ethereum developers. Last week, Vitalik Buterin released a “quick merge via fork choice change” document – a lighter version of the Executable Beacon Chain for quick deployment. While only a loose technical document, the plan ostensibly serves as a notice against any further agitation from Ethereum miners as the merge would allow Ethereum to abandon mining in a rapid fashion. The Executable… Source link

In my previous article on Ethereum (ETH) from three weeks ago, I was “… looking for a somewhat tricky, whipsawing, move higher, ideally to around $1880+/-40, but it could even challenge the recent all-time high. From there, I expect several weeks of downside back to $1200+/100. After that, I anticipated the next rally to ~$3000+. However, a weekly close below $1200 targets $900…” Fast forward, and ETH topped this week, so far, at $1891. Thus, using the Elliott Wave Principle (EWP) and… Source link

A retest of 1200+/-100 and then rally to new all-time highs. As you can see, the weekly and monthly charts feature two different EWP wave-labels, but both point to higher prices (anticipated paths). The weekly chart’s EWP points to two more rallies (black major-5 and blue Primary-V) after an initial pullback (major-4) before this Bull run is over. Whereas the monthly chart suggests, we could see three more rallies (add purple Cycle 5). I always have an alternate (more Bullish) EWP count… Source link

As Bitcoin price dropped below $55,000 on March 15, Ether (ETH) pulled back to confirm the $1,750 level as support. This signals optimism from professional traders despite the 12% drop that occurred after Ether price peaked at $1,950 on March 13. While Ether may be bullish from the price perspective, recent news surrounding the protocol hasn’t been positive. Last week, Cointelegraph reported the rising tensions between miners and developers as they clashed over the EIP-1559 proposal, which is… Source link

Ether (ETH) reserves on exchanges are continuing to decline despite being at historic lows. This trend indicates a supply shortage of ETH across major trading platforms following the release of an Ethereum 2.0 deposit wallet for staking. As Cointelegraph previously reported, staking neared $4 billion in January, leading to around 2% of ETH’s supply being locked in the Eth2 deposit contract. The low supply of ETH on exchanges should decrease the overall selling pressure on the asset, especially… Source link

Cryptocurrency is riding a bull trend like few stocks have, even if we include the massive dip we saw a few years ago. While Bitcoin (CCC:BTC-USD) gets all the attention, let’s not forget about Ethereum (CCC:ETH-USD). Source: Shutterstock If an investor is bullish on Bitcoin, it’s hard not to be bullish on Ethereum. They don’t trade in lockstep necessarily, as each has their own period of outperformance. However, they do tend to trade together and it’s unlikely one… Source link

Ethereum is currently trading at $1,770 following a 8.9% move to the downside since Sunday’s high of $1,939. The world’s second largest cryptocurrency by market cap has managed to find a natural level of support on the daily 21 exponential moving average. A daily close below that level, which is sitting at $1,733, would indicate a period of continuation to the downside, with price targets emerging at $1,639 and $1,450. However, a bounce from this region would form a crucial higher low from… Source link

SINGAPORE, March 16, 2021 /PRNewswire/ — Since completing the design of the secure multi-party computation algorithm in the solution Ethereum 2.0 Proof of Custody and implementing its first phase code last April, PlatON has been in close communication with Ethereum. Now, the two parties are about to launch a new round of cooperation to enhance the security of MPC project in the Ethereum 2.0 standard. To solve the data availability in Ethereum 2.0, the cooperative project – “MPC-based”… Source link