Ethereum

Bitcoin recently consolidated in a tight range below its bear-market high before breaking out. Ethereum may now be following a similar pattern. Click here to view the related idea and chart analysis on TradingView. Advertisement

An Ethereum user mistakenly paid $9,500 in transaction fees to send just $120. The user, identified by their Reddit moniker ‘Proudbitcoiner’, says the transaction “destroyed my life” and is now desperately asking miners to return the money. According to a Nov. 4 post on Reddit, Proudbitcoiner said they accidentally typed in the wrong transaction fee, leading to a transfer of amounts nearly 80 times the size… Source link

Vitalik Buterin. Source: a video screenshot. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Ethereum news Ethereum (ETH) co-founder Vitalik Buterin has sent ETH 3,200, currently worth USD 1.2m, to the recently launched ETH 2.0 deposit contract. This makes him one of the first stakers and validators on the new Ethereum 2.0 blockchain, the first phase of which is expected to launch… Source link

The price of Bitcoin (BTC) is nearing $16,000 after achieving $15,960 on Binance. Following the dominant cryptocurrency’s rally, analysts are now looking toward Ether (ETH). The Ethereum blockchain’s native token has seen heightened momentum in the past week. After underperforming against BTC in October, the probability of a new ETH rally is beginning to increase. There are two key reasons why analysts expect Ether to perform strongly in the near term. First, the capital in the Bitcoin market… Source link

On Nov. 6, Ether (ETH) price rose to $447 on Binance as Bitcoin (BTC) price pulled back to the $15,500 level after losing steam around $15,900. Based on Ether’s strong momentum, traders anticipate a broader rally to emerge in the near term. There are three potential reasons why Ether could see a large uptrend in the upcoming weeks. The catalysts are: an optimistic high time frame technical structure, favorable on-chain metrics and the launch of Ethereum 2.0. ETH is bullish on the higher time… Source link

Bitcoin (BTC/USD) Price, Analysis and Chart: Ethereum/Bitcoin spread continues to move lower. Bitcoin may make further gains. The latest push higher by cryptocurrency favorite Bitcoin has seen the token hit highs last seen back in January 2018. The recent move took has taken out the late-June 2019 high at $13,840 with relative ease and BTC now looks set to press higher, although a period of consolidation cannot be ruled out. The cryptocurrency space as a whole has rallied but… Source link

Ethereum 2.0’s deposit contract is now live, heralding the imminent unveiling of the “world computer’s” second act. Released at 15:00 UTC, according to developer Afri Schoedon, the deposit contract is the first physical implementation of Eth 2.0 for everyday users. The deposit contract acts as a bridge between the forthcoming proof-of-stake (PoS) blockchain and the current proof-of-work (PoW) mainchain, valued at some $40 billion by market capitalization.  The genesis time for Eth 2.0… Source link

The official U.S. election results posted by the Associated Press will use two different blockchains to prove the results at any given time are official. AFP via Getty Images For the first time ever, the official U.S. Presidential election results will be posted on the ethereum and EOS blockchains by the Associated Press.  Beyond just posting the results though, the AP is using the blockchains behind the scenes in its own application programming interface (API), meaning… Source link

The cryptocurrency market momentum has swung back to Bitcoin (BTC) recently as BTC dominance and trading volumes have been climbing along with the price. In that regard, the primary altcoin indicator Ether (ETH) has not been doing well as ETH/BTC dropped 30% in the last two months.  Now many crypto traders are asking when the altcoins will bottom out and start to rally again. Let’s take a looks at what the charts are showing.  Ether staying above 100-week and 200-week MAs ETH/USD 1-week… Source link

Bitcoin (BTC) is sucking up the volume from the entire cryptocurrency market as it continues to rally. This is causing the alternative cryptocurrency (altcoin) market to pullback, which has seen rising selling pressure and low buyer demand. On Oct. 30, researchers at Santiment pinpointed the growing volume and dominance of Bitcoin, while Chainlink (LINK), Ether (ETH) and Binance Coin (BNB) struggled. They wrote: “The dominance involving #Bitcoin is continuing to display itself, particularly… Source link