Ethereum

In the past week, altcoins prices received a significant haircut, and investors who were light on Bitcoin (BTC) saw their portfolio value take a hit.  Initially, Ether (ETH) price followed Bitcoin higher as the top-ranked digital asset rallied through the $12,000 resistance but as BTC continues to slowly push higher Ether struggled to flip $400 to support. Crypto market weekly price chart. Source: Coin360 Ether’s loss of momentum and the correction in altcoins has led to a number of crypto… Source link

In the last few days Bitcoin (BTC) price rallied within a hair of the $14,000 level and Ether (ETH) followed with a similarly strong performance but the altcoin failed to hold above the $400 physiological support.  Bitcoin and Ethereum year-to-date performance. Source: Digital Assets Data Although Ether price is below $400, data show traders are not worried about Friday’s options expiry. Investor optimism has been kept intact despite the recent decentralized finance (DeFi) lackluster… Source link

Combination locks inbuilt to sections of a hexagonal jigsaw puzzle which are interconnected of each other. 3D rendering graphics on the subject of Modern Digital Technologies. getty As well as bitcoin has performed this year, which has seen its price increase by 88%, it is far from the most profitable crypto year-to-date. One that has had an even better year is zcash, a leading privacy coin that shares many core elements of bitcoin’s value proposition, including its hard… Source link

Physical version of Bitcoin and dollar banknotes. Exchange bitcoin for a dollar symbol. Conceptual … [+] image for worldwide cryptocurrency and digital payment system. getty Bitcoin finally closed slightly higher than the previous weekly peak set in 2019 but then backed away Wednesday. That might be a chart breakout signifying new strength — if that level can be re-gained and held. The other cryptocurrencies tend to trade in similar patterns to one… Source link

Bitcoin (BTC) transaction fees have nearly tripled in three days, from $3.52 to $10.20 on average. According to crypto market data aggregator Glassnode, 22.25% of Bitcoin miners’ income is currently made up of fees, with the other 77.75% coming from block rewards. The share of fee revenues is currently the highest it has been since the plateau of the last all-time high in January 2018 — which followed fee revenues spiking to almost a 45% share during the previous month. The percentage of

Mythos Capital founder Ryan Sean Adams called Ethereum killers “toothless” based on initial token allocation schemes that often prioritize insiders: Source: Twitter. Adams was referring to a recent Messari report, which summarized the token distribution for some of the most popular Ethereum (ETH) alternatives launched in the last couple of years. There are four main distribution categories: public presale, community allocations, insiders, and each project’s respective foundations. Source: Source link

According to various on-chain data, Ethereum miners are selling across cryptocurrency exchanges. The trend has been evident in the price of the ETH, which has noticeably stagnated against Bitcoin. The price of Ethereum struggles against Bitcoin, but there are potentially positive catalysts for … [+] ETH in the medium term. Getty Images On October 20, Forbes Crypto reported that the cryptocurrency market is portraying unusual market dynamics. Ethereum has… Source link

A third and all-encompassing version of Ocean Protocol has been released, fleshing out its vision for “datatokens” and decentralized data marketplaces. Announced Tuesday, Ocean v3 brings the Ocean data market proposal to life with Ethereum-based datatokens, as well as a range of other features like initial data offerings (IDOs), staking, automated market making (AMM) functionality and the potential to share and monetize data smarts. The goal of the project is to democratize the value from… Source link

While Bitcoin (BTC) is showing strength through new higher highs and making a new yearly high, Ethereum’s Ether (ETH) shows weakness, particularly the ETH/BTC pair. ETH weakness is also a clear indication that most altcoins are not showing strength either since they tend to reflect Ether’s performance.  The 0.03 sats level is a crucial barrier to hold ETH/BTC 1-day chart. Source: TradingView The daily chart of ETH/BTC shows a clear rejection at the 0.0325 sats level, through which a renewed… Source link

Quantstamp audit firm completes an audit of the Teku client for Ethereum 2.0 and approves its release. ETH price will benefit from the launch of phase 0. Whales show signs of FOMO, according to expert Adam Cochran. Ethereum 2.0 is imminent. The launch of the deposit contract has been announced for November 6, according to a post by analyst Adam Cochran. This first phase will initiate the deployment of the Beacon Chain, the blockchain on which Ethereum will operate when it migrates its… Source link