Ethereum

Ethereum Ethereum slid by 8.11% on Wednesday. Reversing a 4.73% gain from Tuesday, Ethereum ended the day at $585.11. A mixed start to the day saw Ethereum rise to an early morning intraday high $638.75 before hitting reverse. Falling well short of the first major resistance level at $654.37, Ethereum slid to a late intraday low $551.45. Ethereum fell through the first major support level at $603.41 and the second major support level at $569.99. Steering clear of the 23.6% FIB of $536, however,… Source link

Jay Clayton, chairman of the U.S. Securities and Exchange Commission (SEC), wears a protective mask … [+] while speaking during a House Financial Services Subcommittee hearing in Washington, D.C., U.S., on Thursday, June 25, 2020. Clayton was surprised and dismayed by the political battle that quickly erupted over his pending nomination to be the top federal prosecutor in New York, said people familiar with the matter. Photographer: Brendan Smialowski/AFP/Bloomberg … Source link

‘Twas the penultimate night before Christmas, when all through the network, every machine was stirring, down to even the smallest Raspberry Pi.  While businesses, the stock markets and many restaurants will be closed for the holidays, Ethereum 2.0, like all other blockchain networks, will be humming along the same as any other day of year without interruption.  This has implications for validators, the main participants of Eth 2.0, who are responsible for keeping the network secure all… Source link

It’s been all about Bitcoin (BTC) in recent months with altcoins suffering as a result and BTC dominance reaching a new local high of 67.5% over the past few days. However, a reversal typically occurs once altcoins start to show such major weakness and altcoin traders are in depression. The leading indicator for such a U-turn is Ether (ETH), which is now in a do or die position against its BTC pair. New higher high for ETH in first uptrend since bear market ETH/USD 1-week chart. Source: Source link

Ethereum Ethereum slid by 4.72% on Monday. Following on from a 3.10% fall on Sunday, Ethereum ended the day at $608.07. A mixed start to the day saw Ethereum rise to a mid-morning intraday high $648.35 before hitting reverse. Falling well short of the first major resistance level at $659.38, Ethereum slid to a mid-day intraday low $596.90. The sell-off saw Ethereum fall through the first major support level at $619.44. Finding support at the second major support level at $600.48, Ethereum… Source link

On Dec. 17 , Ether (ETH) price rallied to $677, its highest level since May 2018, and it seems the top altcoin’s price was driven by Bitcoin’s (BTC) swift move above $21,000. It’s also possible that the CME’s ETH futures launch announcement also played its part. Solid fundamentals and positive newsflow also seem to be helping Ether to hold above $640 for the past few days, and despite today’s dump, these fundamentals remain. Eth2 staking surpassed $1 billion in total value locked,… Source link

TipRanks Goldman Sachs Says These 3 Stocks Could Surge Over 30% From Current Levels After a true annus horribilus, we’re all ready for better times. The US equity strategy team at Goldman Sachs, led by David Kostin, sees those better time ahead, and in the near-term. The team is predicting a 25% gain for the S&P 500 within the next 24 months – or to put it in absolute numbers, they believe the index will hit 4,600 by December 2022. Kostin lays out four clear reasons for believing that… Source link

Ethereum, the second largest cryptocurrency by market capitalisation, has crossed $600 News of Bitcoin breaching the $23,000 mark — its highest valuation ever — has electrified investors globally. With Ethereum, the second largest cryptocurrency by market capitalisation, also going past $660, market sentiment around digital currencies is more upbeat than ever before. Bitcoin will maintain its propensity to advance in price into 2021, with macroeconomic, technical… Source link

The Ethereum network’s 2.0 transition has pushed the protocol to become one of the largest staking networks in the world with 1,683,905 ether locked into the contract worth $1 billion today. According to reports from China, while proof-of-work ethereum miners have two years left to mine the leading crypto asset, ten Chinese mining rig manufacturers are reportedly racing to create a next-generation ether mining… Source link

Ethereum Ethereum fell by 3.10% on Sunday. Reversing a 0.66% gain from Saturday, Ethereum ended the week up by 8.12% to $638.4. A bullish start to the day saw Ethereum rise to a late morning intraday high $661.40 before falling to $642 levels. Ethereum fell through the first major support level at $646.31 before briefly revisiting $658 levels. A late sell-off, however, saw Ethereum slide to a late intraday low $621.46. The sell-off saw Ethereum fall through the first major support level at… Source link