Ethereum

A 13% rise in the price of ETH over the past 24 hours has propelled Ethereum onto a list of the top 100 traded assets by market cap for the first time, as measured by CompaniesMarketCap.com.  Ethereum marched past 12 other entries on the list today and is currently positioned in the #88 spot, between Bristol-Myers Squibb at #89 and Anheuser-Busch at #87. Up 62% in 2021 alone, the price of ETH crossed $1,200 today for the first time since Jan. 2018 and appears poised to overtake its all-time… Source link

Bullish price activity has tipped the total value of ETH locked into Ethereum 2.0 past $2.4 billion. Find out what other network metrics have been impacted by ether’s latest price gains.https://www.coindesk.com/new-year-new-price-gains-eth It’s safe to say that 2021 is off to a great start for Ethereum.  Since ringing in the new year on January 1, the price of ether (ETH), the native cryptocurrency of the network, has appreciated 48% and surpassed the threshold of $1,150 for the first… Source link

WUHAN, CHINA / ACCESSWIRE / January 5, 2021 / World Blockchain Conference 2020·Wuhan kicked off at Wuhan International Conference & Exhibition Center on December 5. This Conference is hosted by 8BTC, and has received great support from such organs of government as Wuhan Municipal Government, Jianghan District Government, Wuhan Municipal Bureau of Economics and Information Technology, and the China Academy of Information and Communications Technology. On the forum on the mining industry held… Source link

Ethereum Ethereum rose by 5.9% on Tuesday. Following on from a 6.32% rally on Monday, Ethereum ended the day at $1,103.73. Another mixed start to the day saw Ethereum rise to an early morning intraday high $1,136.93 before hitting reverse. Falling short of the first major resistance level at $1,178.80, Ethereum slid to a mid-morning intraday low $975.00. Steering clear of the first major support level at $896.14, Ethereum bounced back to $1,100 levels late in the day. At the time of writing,… Source link

In the legacy financial world, yield has dried up. Yields on U.S. Treasury bonds have never been lower. The 10-year Treasury bond now offers you a less than 0.9% return. At around 2.1%-2.3%, AAA corporate bonds aren’t doing a whole lot better. Knowing this, while also hearing about the Federal Reserve’s strong intentions to get inflation above 2%, it’s no wonder investors are ditching low-yielding assets and getting into more speculative investments. People are allocating capital in… Source link

On Jan. 4, Ether (ETH) price rallied to $1,160, which was followed by a 24% correction within the following four hours. What is clear is that investors are anxiously awaiting the CME’s ETH futures launch, which is scheduled for Feb. 8. Another factor driving the current rally is that Ether miners’ balances reached a two-year low, a scenario that some analysts view as bullish. The phenomenal growth of total value locked in decentralized finance projects has also played a part, especially… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Ethereum surged from $715 to $1,169 in a span of three days. However, the $1,168 high was momentary and the price was soon forced to retrace as Ether formed a swing failure pattern. ETH is usually an indicator of the altcoin market’s health and its stupendous gains over the past 48 hours saw the market follow in its footsteps. In fact, Ethereum had a 0.25%… Source link

The price of Ether (ETH), the native cryptocurrency of the Ethereum blockchain, achieved $1,161 for the first time since January 2018. Immediately after it hit a new three-year high, ETH corrected to below $900. Ether rallied due to the momentum of Bitcoin. Historically, following a strong BTC rally, altcoins have seen a swift uptrend. Traders usually call this “alt season” because many altcoins tend to increase in tandem. Why did Ether correct, and what happens next? Ether rose following… Source link

Ethereum Ethereum surged by 26.46% on Sunday. Following on from a 6.06% rally on Saturday, Ethereum ended the week up by 43.3% to $980.44. Another mixed start to the day saw Ethereum fall to an early morning intraday low $770.00 before making a move. Steering clear of the first major support level at $730.61, Ethereum surged to a late intraday high and a new swing hi $1,015.14. Ethereum broke through the day’s major resistance levels to visit $1,000 levels for the first time. In spite of a late… Source link

Bitcoin has exploded since October, climbing from its long-time $10,000 per bitcoin support level to never-before-seen highs of almost $35,000. The bitcoin price added over 300% through 2020, a rally that included a 50% crash in March amid the coronavirus meltdown. Meanwhile, ethereum, the world’s second-largest cryptocurrency, has rallied even harder—soaring 600% over the last 12 months. Now, as bitcoin and cryptocurrency investors try to call exactly how far this already-huge rally… Source link