Ethereum

Ethereum (ETH) is now coming to PayPal users thanks to a new partnership. PayPal has been dipping its toes steadily into the crypto waters and already offers crypto buying, selling, and holding to its customers. With another development, the company is now making it possible for users to purchase ETH directly, as well as transact on the Ethereum blockchain. In a Wednesday announcement, Metamask revealed that PayPal users will soon be able to purchase Ethereum directly using the online… Source link

Bitcoin fell from a five-week high on Thursday, as markets continued to react to the latest Federal Reserve interest rate decision. The U.S. Fed moved to increase interest rates by 50 basis points as expected, whilst also laying the ground for a slower pace of hikes in coming months. Ethereum also retreated from recent highs, falling below $1,300 earlier today. Bitcoin Bitcoin (BTC) was once again trading below $18,000, as bears reentered the market following the latest Fed… Source link

ETH trading volumes remain elevated, with $8.3 billion worth of tokens changing hands in the last 24 hours according to CoinGecko, as the cryptocurrency continues to pull back from Wednesday’s pre-hawkish Fed meeting highs in the $1,350 area. At current levels in the $1,280s, ETH/USD has now pulled around 5.0% back from these highs and, according to CoinMarketCap, is around 3.2% lower in the last 24 hours. Price predictions have… Source link

Coinbase, the second-largest crypto exchange globally, has launched a new tool to help its customers recover more than 4,000 unsupported ERC-20 tokens sent to its ledger, the company exclusively told TechCrunch. “ERC-20 token” is technical terminology for any cryptocurrency created using the Ethereum blockchain. While Coinbase supports hundreds of cryptocurrencies, there are thousands that it doesn’t. The ERC-20 self-service asset recovery tool allows customers to recover… Source link

Coinbase, the second-largest crypto exchange globally, has launched a new tool to help its customers recover more than 4,000 unsupported ERC-20 tokens sent to its ledger, the company exclusively told TechCrunch. “ERC-20 token” is technical terminology for any cryptocurrency created using the Ethereum blockchain. While Coinbase supports hundreds of cryptocurrencies, there are thousands that it doesn’t. The ERC-20 self-service asset recovery tool allows customers to recover… Source link

Ethereum jumped and tested the $1,350 resistance against the US Dollar. ETH corrected lower, but the bulls are active near the $1,280 support. Ethereum was able to clear the $1,300 and $1,320 resistance levels. The price is now trading near $1,290 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,285 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase unless there is a clear move below the… Source link

ozgurdonmaz/iStock Unreleased via Getty Images Crypto winter continues as investors close out 2022. We can only speculate whether we’ve seen the depths of the bear or if there are deeper token price discounts to come in 2023. Despite the severity of year-to-date drawdowns in most crypto-based assets, one network that has seen substantial growth over the last several months is Arbitrum. What is Arbitrum? Arbitrum is an Ethereum (ETH-USD) Layer 2 scaling chain that utilizes optimistic… Source link

Ethereum saw an increase in its price on Tuesday along with the rest of the crypto market following the positive CPI data release. The jump in price saw Ethereum finally beat the $1,300 price point after hovering around $1,200 coming out of the weekend. However, the digital asset had met significant resistance at the $1,350 price level, which could end up being a bearish development for the cryptocurrency. Ethereum Trades Are Wary Currently, Ethereum traders are still very on edge… Source link

The price of Bitcoin nosedived today—along with U.S. stocks—on news that the Federal Reserve approved a smaller interest-rate hike than previous ones this year, but signaled plans to keep raising rates next year to combat high inflation. The Fed has this year upped interest rates 0.75 percentage points four times in order to get inflation—currently at a 40-year high in the U.S.—under control. This time the U.S. central bank upped rates by 0.50 percentage points. This announcement… Source link

Ethereum has come under fire from bitcoin maximalist and former MicroStrategy CEO Michael Saylor who has compared the network to LUNA, which tragically collapsed in May 2022. The effects of the collapse continue to haunt the broader crypto market, playing a role in the collapse of many notable crypto firms. Now, Saylor has pointed fingers at Proof of Stake (PoS) networks like Ethereum as carrying a possibility of crashing like the infamous Terra. Will Ethereum Break Like LUNA? In a Twitter… Source link