Ethereum

Ether (ETH) has broken a critical price point against Bitcoin (BTC), signalling that altcoins may be about to see huge gains. Cryptocurrency market overview. Source: Coin360 I’d take Ether bet “all day long” — Winklevoss Data from Cointelegraph Markets, Coin360 and TradingView showed ETH/BTC pass the essential 0.026 level in just one daily candle on Jan. 3. After staying weak throughout December, Ether has rebounded in the first few days of 2021, and Sunday’s performance could be the start of… Source link

Bitcoin’s performance has been unparalleled and as the market marvels at the performance of the world’s largest cryptocurrency, the second-largest crypto, Ethereum [ETH] has surpassed $800 and reached $851. This value of ETH was last seen in May 2018 and as the rally in the BTC market gains momentum, the alt season may kick-off with an ETH rally. Source: ETHUSD on TradingView At the time of writing, the value of ETH slid to $831, but momentum was still high. In 2020, the decentralized… Source link

The price of Bitcoin (BTC) surpassed $34,700 to achieve a new all-time high after a strong overnight rally. Ether (ETH), the native cryptocurrency of the Ethereum blockchain, also surpassed $800 for the first time since May 2018. Bitcoin’s sudden rally comes as a surprise because it corrected sharply to around $30,300 on Jan. 2. Within 24 hours, BTC rose from $30,300 to as high as $34,778, a 14% rebound. BTC/USD hourly candle chart (Bitstamp) What triggered the Bitcoin and Ethereum rally? When… Source link

Ethereum Ethereum rallied by 2.88% on Wednesday. Following on from a 0.29% gain on Tuesday, Ethereum ended the day at $752.86. Another mixed start to the day saw Ethereum rise to an early morning high $746.86 before hitting reverse. Falling short of the first major resistance level at $751.61, Ethereum slid to a late morning intraday low $717.00. Steering clear of the first major support level at $699.95, Ethereum rallied to a late intraday high and a new swing hi $759.00. Ethereum broke through… Source link

Ether (ETH) price has gained 88% since November, astonishing even the most bullish investors as the top altcoin secured a 2020 high at $750. Aside from the upcoming CME ETH futures launch scheduled for Feb. 8, the phenomenal growth of the total value locked (TVL) in Decentralized Finance protocols also played a major part. Total Value Locked, USD. Source: DeFi Pulse As the above data indicates, investors are even more confident that Eth2 has been a success, despite the real potential of delays… Source link

In less than 48 hours, 2020 will be behind us.  It almost seems too big a task to recount all that has happened in this world, in this industry and in our own personal lives but our colleague Brad Keoun, editor of CoinDesk’s daily cryptocurrency markets newsletter, First Mover, offers an excellent start to summarizing  2020. He writes: “This year saw the biggest drop-off in economic activity since the Great Depression, the biggest money-printing episode in the Federal Reserve’s 107-year… Source link

Digital asset exchange Huobi noted earlier this month that the ongoing upgrade of Ethereum (ETH), the world’s largest platform for building decentralized applications (dApps), is expected to make the original smart contract enabled blockchain “much more usable, scalable, and effective” — but it will also take a fairly long time before the transition to Ethereum 2.0 has been successfully completed. As mentioned in a blog post by the Huobi Group, the path to Ethereum 2.0 will “not… Source link

Ethereum Ethereum rose by 0.29% on Tuesday. Following a 6.66% rally from Monday, Ethereum ended the day at $731.76. A mixed start to the day saw Ethereum rise to an early morning intraday high $739.66 before hitting reverse. Falling short of the first major resistance level at $757.50, Ethereum slid to an early morning intraday low $688.00. Ethereum fell through the first major support level at $691.40 before briefly revisiting $738 levels. A second pullback saw Ethereum fall back to $703 levels… Source link

Ethereum price seems poised for a massive move as it has established a bull flag on the 12-hour chart. Most on-chain metrics have turned in favor of the digital asset. The interest in Ethereum seems to be stronger than ever as more users continue locking up their ETH coins inside the Eth2 deposit contract. The smart-contracts giant seems to be on the verge of a massive bullish move aiming for $1,000. Ethereum price aims for $1,000 as bulls remain strong Ethereum… Source link

New research from the cryptocurrency wallet ZenGo has shed additional light on front-running attacks happening on the Ethereum blockchain.  First outlined in “Ethereum Is a Dark Forest,” DeFi investors Dan Robinson and Georgios Konstantopoulos called attention to a variety of attacks by bots that were roving the Ethereum blockchain in search of prey.  The new report from ZenGo outlines how the researchers identified and isolated generalized front-running bots while evaluating their… Source link