Ethereum

Bitcoin, Ethereum Spell Trouble at Critical Support

Key Takeaways Bitcoin has dropped by more than 20% over the past two weeks.  Likewise, Ethereum has retraced by 19.5% since Apr. 3. Both assets have reached critical areas of support.  Share this article Bitcoin and Ethereum kicked off the week in a negative posture. Although prices have rebounded over the last few hours, both cryptocurrencies appear to be hanging by a thread. Bitcoin at Vital Support Bitcoin sits on top of one of the most vital support areas on its trend, as whales… Source link

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Ethereum Foundation Holds Nearly 3% of All ETH: Report

The Ethereum Foundation treasury has $1.3 billion in Ethereum, $300 million in non-crypto investments, and another $11 million in other cryptocurrencies, according to a 2021 financial report released today. As of March 31, 2022, the foundation’s Ethereum holdings amounted to nearly 3% of the entire ETH supply.  The foundation regularly announces grant spending and donations on its blog, but this is the first time it has published an annual financial report. As the network matures, the… Source link

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Ethereum Foundation Report Reveals $1.6B Treasury Holdings 

Share this article The Ethereum Foundation has published its first report. In addition to helping the Foundation communicate its vision to the community, the report also breaks down its $1.6 billion treasury holdings.  Ethereum Foundation Details Holdings Ethereum’s largest non-profit has revealed how much ETH it owns.  The Ethereum Foundation published a new report Monday as part of its efforts to increase transparency and communicate its vision to the Ethereum community. The 28-page… Source link

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Bitcoin Drops Below $40,000, Ethereum Falls Under $3,000 Yet Again

Bitcoin and Ethereum have dropped below $40,000 and $3,000, after dipping below 4% and 5% respectively in the last 24 hours.  Currently priced at $38,962 and $2,904, respectively, the two largest cryptocurrencies by market cap have been in a recent slump. In the last week, both cryptocurrencies have fallen by almost 8%. The latest series of price drops can likely be attributed to the mining industry, which has experienced several developments that may have put further pressure on… Source link

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Should Ethereum Investors Be Worried About This Trend?

You’d run out of fingers counting the good things about Ethereum ( ETH -2.88% ). The list includes the cryptocurrency’s No. 2 ranking based on market cap, its massive returns in recent years, its status as the leading blockchain for other digital tokens, and more. However, there’s at least one negative for Ethereum that has developed into a not-so-encouraging trend over the past several months. What is this trend — and should Ethereum investors be worried?

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Ethereum Slides Below 3K, Why Bears Could Aim $2.5K

Ethereum started a fresh decline from the $3,080 resistance against the US Dollar. ETH price traded below the key $3,000 support and even declined below $2,920. Ethereum failed to clear $3,080 and started a fresh decline. The price is now trading below $3,000 and the 100 hourly simple moving average. There was a break below a key rising channel with support near $3,030 on the hourly chart of ETH/USD (data feed via Kraken). The pair could recover, but upsides might be capped near the $2,950… Source link

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Huge Move Incoming? (Ethereum Price Analysis)

Following almost zero moves, Ethereum has been going through a period of low volatility over the past week. The price is amid the critical support at $3,000, and the bulls have so far successfully defended it. Technical Analysis Technical analysis by Grizzly The Daily Chart On the daily timeframe, the bulls have held the price above the support at $3,000. Buyer takers in this area have gained a little more power, and the volume delta has increased. Looking at the last few… Source link

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Ethereum-based stablecoin protocol Beanstalk loses more than $80 million to exploit

advertisement Beanstalk, a credit-focused stablecoin protocol built on Ethereum, was exploited Sunday morning. The attacker obtained more than $80 million worth of crypto, including 24,830 ETH — an amount worth roughly $75.8 million as of press time. The remainder of the exploited funds were in the form of drained liquidity connected to the protocol’s governance token. Transaction data indicates that the exploiter has since begun moving funds to Tornado, an Ethereum-based mixer that… Source link

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Looking for the Next Ethereum? 2 Top Cryptocurrencies to Buy Now

In 2013, Ethereum ( ETH -2.50% ) became the first programmable blockchain. Whereas preceding blockchains served solely as digital ledgers for transaction data, Ethereum could also support self-executing computer programs known as smart contracts. That technology has since evolved into a vibrant ecosystem of decentralized applications (dApps) and decentralized finance (DeFi) products. Today, Ethereum is a thriving ecosystem of software and services, but that popularity has… Source link

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Ethereum Price Might do 5x Maximum, While Bitgert has Potential of 100x

by Analytics Insight April 16, 2022 Bitgert (BRISE) has been doing pretty well in the market, with the coin recently hitting a new ATH. The Ethereum team is working on making its project super attractive, which can be seen from the recent reduction of gas fees. The expensive gas fee has been one of the biggest Ethereum network limitations and has been the reason the project’s growth has stagnated. The team is working on upgrades that will make the chain cheaper and also faster. With… Source link

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