Ethereum

Since early 2020 the decentralized finance sector has been recieved a lot of attention due to its cutting-edge innovation and the lucrative high yield opportunities offered to cryptocurrency holders.  Despite these features, this week’s record-high gas fees show that the sector is still having growing pains and the absence of a suitable layer 2 solution could be pushing smaller investors away from DeFi. Investors attempting to place a trade on Uniswap or simply approve a new token on their… Source link

Ethereum Ethereum rallied by 7.75% on Friday. Reversing a 4.26% slide from Thursday, Ethereum ended the day at $1,721.06. It was a mixed start to the day. Ethereum fell to an early morning intraday low $1,589.17 before making a move. Steering clear of the first major support level at $1,536, Ethereum rallied to a late afternoon intraday high and a new swing hi $1,763.93. Ethereum broke through the first major resistance level at $1,679 and the second major resistance level at $1,761. A late… Source link

Largest altcoin Ether (ETH) built on its recent all-time highs on Feb. 5 to climb ever closer to $2,000. ETH/USD 1-hour candle chart (Bitstamp). Source: TradingView Ether price hits record $1,750 Data from Cointelegraph Markets and TradingView showed a fresh breakout occurring for ETH/USD during Friday trading.  At the time of writing, Ether was targeting $1,750 as 6.5% daily gains topped weekly returns of nearly 22%. Ether, Bitcoin YTD performance. Source: Digital Assets Data The move came on… Source link

TipRanks The 5G Revolution Could Send These 3 Stocks Higher We’ve got a full month of 2021 behind us now, and a few trends are coming clearer. The coronavirus crisis may still be with us, but as vaccination programs expand, the end is in sight. With President Trump out of the picture, and the Democrats holding both Houses of Congress and the White House, politics is looking more predictable. And both of those developments bode well for an economic recovery this year. Looking back, at the… Source link

Sentiment throughout the cryptocurrency sector continues to improve as Ether (ETH) price ventured into uncharted territory and notched a new all-time high of $1,653 on Feb. 3.  Meanwhile, Bitcoin (BTC) bulls appear to have their eyes set on the $40,000 mark and according to Cointelegraph analyst Marcel Pechman, this Friday’s $1 billion BTC options expiry favors bulls. Data from Cointelegraph Markets and TradingView show a price increase of 4.46% for the top cryptocurrency, which currently… Source link

After two months of hard work, time and effort, we’re pleased to say the CoinDesk Ethereum 2.0 validator node is set up and our 32 ETH officially staked.  Here’s our public validator key:  0xad7fef3b2350d220de3ae360c70d7f488926b6117e5f785a8995487c46d323ddad0f574fdcc50eeefec34ed9d2039ecb Now that CoinDesk is in the queue for validators pending entry into the network, we expect our operations to begin earning rewards in roughly two weeks. For real-time updates on the status of the CoinDesk… Source link

Bitcoin and the broader cryptocurrency market has soared over recent months, with the bitcoin price reaching highs of over $40,000 in January. The bitcoin price has since dropped back, falling away from its new all-time high even as ethereum, the second biggest cryptocurrency by value, has continued to climb—adding nearly 20% over the last week. Now, as ethereum breaks through $1,500 per ether token for the first time—up a blistering 700% over the last 12 months—these are the other… Source link

On Feb. 2 Ether (ETH) saw its price breakout to a new all-time high at $1,555 as increased activity in the derivatives market provided clear signals that traders were bullish on the long-term prospects of the largest altcoin by market capitalization. Bitcoin price also saw a bullish breakout as it finally crossed above the $35,000 resistance and currently trades for $36,700 ETH/USDT 4-hour chart. Source: TradingView Prominent business personalities like Elon Musk, Michael Saylor and Mark Cuban… Source link

Recent global developments have put a spotlight on the cryptocurrency sector as people across the world begin to question the decision making process of governments and central banks.  Multiple metrics like the increasing amount of Ether (ETH) and Bitcoin (BTC) locked in DeFi, soaring transaction and on-chain activity and the plummeting BTC and Ether reserves of top exchanges show that investors are becoming increasingly interested in cryptocurrency. Data from CryptoQuant, an on-chain… Source link

The price of Ether (ETH), the native cryptocurrency of the Ethereum blockchain network, achieved a new all-time high of $1,500 today. Data suggests that the ETH options market showed dominant call activity, and this may be a primary factor in the rally to a new high. Across major exchanges, the price of ETH surpassed $1,500 after the options market showed dominant call activity. In the options market, there are two types of contracts: puts and calls. Puts are sell orders, and calls are buy… Source link