Ethereum

The PayPal and MetaMask partnership will allow US users to buy and transfer Ethereum seamlessly. Ethereum price is inching closer to reclaiming its critical resistance at $1,432 with bullish support. If the buying spree slows down and the price tumble again, $1,187 would act as Ethereum price’s critical support, losing which would invalidate the bullish thesis. Ethereum is one of the most in-demand cryptocurrencies when it comes to crypto payments and purchases,… Source link

Data shows some shifts have taken place in the Ethereum ecosystem this year. Here’s how the shares of some popular transaction types have changed on the network in 2022. Both DeFi And NFTs Have Taken A Hit In Dominance On Ethereum As per the latest weekly report from Glassnode, the DeFi and NFT sectors both have similar dominance on the Ethereum blockchain now. The “dominance” here refers to the percentage of the total Ethereum gas usage that a particular transaction type is… 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 regarding… Source link

Cryptocurrencies like Ethereum have their fair share of controversy regarding categorization. Government regulatory bodies like the Securities and Exchange Commission (SEC) and the U.S. Commodities Futures Trading Commission (CTFC) have had past battles with other digital assets. The SEC is currently embroiled in a long-running case with Ripple Labs, with the focus on defining the XRP token as a security. The CFTC also views all virtual currencies as commodities under the Commodity… Source link

Cryptocurrencies like Ethereum have their fair share of controversy regarding categorization. Government regulatory bodies like the Securities and Exchange Commission (SEC) and the U.S. Commodities Futures Trading Commission (CTFC) have had past battles with other digital assets. The SEC is currently embroiled in a long-running case with Ripple Labs, with the focus on defining the XRP token as a security. The CFTC also views all virtual currencies as commodities under the Commodity… Source link

Ethereum (ETH) and Cardano (ADA) have left their holders disappointed with their recent performance as Orbeon Protocol (ORBN) is gaining traction, and analysts expect it to surge by a staggering 6000%. Orbeon Protocol (ORBN) is currently in the third phase of its presale and is trading at $0.302 after having rallied by more than 655%. >>BUY ORBEON TOKENS HERE<< Ethereum (ETH) is struggling to Stay Relevant Ethereum, the second-largest cryptocurrency by market capitalization, has struggled to… Source link

Ether (ETH) rallied 6.3% to $1,350 on Dec. 13, mimicking a similar failed attempt that took place on Nov. 10. Despite reaching the highest level in 33 days, the gains were not enough to instill confidence in traders according to two key derivatives metrics. Ether/USD price index, 12-hour. Source: TradingView Bulls’ frustrations can partially be explained by Binance facing a near-record $1.1 billion in withdrawals over a 24-hour period. The unusual behavior comes as the exchange attempts to put… Source link

What happened Cryptocurrencies rose today as investors cheered better-than-expected inflation data that suggests the Federal Reserve’s rapid interest rate hikes this year are starting to do their job. Since late afternoon yesterday, the price of the world’s largest cryptocurrency, Bitcoin (BTC 3.36%), has traded 3.8% higher as of 11:36 a.m. ET today, hovering just under $18,000. Meanwhile, the price of the world’s second-largest cryptocurrency, Ethereum (ETH 3.65%), traded 4.6% higher,… Source link

An altcoin project built on Ethereum (ETH) is becoming even more explosive after getting the nod of approval from Binance, the world’s largest crypto exchange by volume. Binance abruptly announced the listing of Magic (MAGIC) in their Innovation Zone. Binance’s Innovation Zone is a dedicated trading space for crypto assets that could be more prone to rapid price swings. MAGIC is the token that powers Treasure DAO, a project that aims to be a decentralized video game console… Source link

The crypto strategist who correctly called Bitcoin’s (BTC) 2018 bottom is predicting that Ethereum (ETH) will launch epic rallies next year en route to becoming the largest digital asset by market cap. The pseudonymous analyst Smart Contracter tells his 216,700 Twitter followers that he expects the ETH/BTC pair to skyrocket toward a level not seen in about half a decade. A bullish ETH/BTC chart suggests that Ethereum will likely generate more gains than Bitcoin. Says Smart… Source link