Ethereum

Bitcoin and Ethereum prices fell during Tuesday afternoon trading in Asia along with most other top 10 non-stablecoin cryptocurrencies. Dogecoin was the exception in that list as it rebounded from its morning losses. See related article: January weekly crypto product investment reaches highest since July, says CoinShares report Fast facts Bitcoin, the largest cryptocurrency by market capitalization, fell 2.89% to US$22,971 over 24 hours to 4 p.m. in Hong Kong, posting a 0.39% drop in the past… Source link

Individuals who have a lot of money invested in Ethereum don’t always limit themselves to just one cryptocurrency. They often spread their wealth around. That’s exactly what has been happening recently, according to crypto tracking website WhaleStats. Ethereum whales are especially buying these three cryptocurrencies hand over fist. Image source: Getty Images. 1. USD Coin USD Coin (USDC 0.06%) ranks as the favorite cryptocurrency for the top 100 Ethereum whales these days. And it’s not… Source link

Blockchain-powered fantasy sports firm Sorare has sealed a deal with the English Premier League to mint Ethereum-based digital player cards on its platform. Sorare has driven an interesting use case for Ethereum-based fantasy sports and digital card trading in recent years, offering fans the ability to mint, collect and trade various player cards with other users across a variety of nonfungible token (NFT) marketplaces. Cointelegraph reached out to Sorare to clarify details of their latest… Source link

2022 was an incredible year for ENS, with record amounts of new users, name registrations and revenue. New trends in web3 brought together communities to rally around different categories of ENS names, and marketplaces evolved to provide support including new categories, analytics capabilities, and tools to improve the user experience.  Major companies, influencers and celebrities began to adopt ENS names as they explored the metaverse and built their web3 identities. This article… Source link

Real Vision CEO Raoul Pal says he believes that 2023 is going to be a positive year for risk assets and cryptocurrencies. In a new interview on the Overpriced JPEGs YouTube channel, the macro guru says he believes Bitcoin (BTC) and Ethereum (ETH) will rise in 2023, albeit with some chop and unpredictability due to policy changes from the Federal Reserve. Pal also looks at how market cycles of the past reacted to signals from the Fed. “This is how I’m framing it this time… Source link

Despite the crypto market conditions, crypto assets and blockchains have continued to amass new highs pushing the global cryptocurrency market forward. In today’s news, Ethereum on-chain activity recorded a new high following the crypto market revival. Various metrics under the Ethereum network have only continued to show a steady increase in the past few months. According to data from Etherscan, the total number of ETH transferred daily on the network surpassed 1 million once again in… Source link

Just before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic’s hashrate saw a significant increase. Three days after The Merge, Ethereum Classic had 214.37 terahash per second (TH/s) of hashrate. However, since then, the network’s hashrate has decreased significantly as 44.33% of it has been lost over the last 134 days. Ethereum Classic Loses Luster After The Merge Ethereum Classic (ETC) was the center of attention… Source link

The value of the largest smart contracts platform, Ethereum continues to gain strength against the US dollar, especially with its recent move above $1,600. Recovery is expected to continue after the Federal Open Market Committee (FOMC) meeting and decision on the interest rate hike in two days. Experts say that cryptos may generally retreat before then, thus shaking out weak hangs before carrying on with the bullish move aiming for… Source link

An analyst closely followed in the crypto space says that one altcoin operating on the Ethereum (ETH) blockchain is ready to run, and has updates on three other digital assets. Michaël van de Poppe tells his 647,000 Twitter followers that Ethereum scaling solution Polygon (MATIC) is likely presenting an opportunity for a 60% gain if it provides the right entry at around $1. “This looks ready to break upwards significantly. Would be interested in buying around $1 for a retest… Source link

Bitcoin and Ethereum prices have been on the rise for the past few months, and even today. This has resulted in many investors wondering if another 5% rise is possible for BTC and ETH today.  To answer this question, we need to look at the current market conditions and analyze whether or not there is enough momentum in the market to push Bitcoin and Ethereum prices higher.  Risk-On Crypto Mood: What You Need To Know About The… Source link