Ethereum

On Dec 10, 2022 Last updated Dec 10, 2022 When it comes to investing in the crypto world, the first name which pops up in a person’s mind is bitcoin because it is considered the oldest and most famous cryptocurrency network available globally. People are very enthusiastic about the technology coming into the market as everybody wants to use the best thing for themselves. After Bitcoin, people… Source link

The Ethereum price has moved in the same direction as the broader market. In the last 24 hours, Ethereum has moved up by 2.5%. On the weekly timeframe, the altcoin has rarely registered any movement. This reflects lateral trading for ETH. In the short term, the altcoin might be registering gains, but as the technicals indicate, the coin can depreciate again before it rallies. Accumulation has been considerably low on the chart. Buying activity must significantly increase if ETH is to break… Source link

Bitcoin was back in the green on Friday, with prices once again moving above the $17,000 level. Cryptocurrencies were mostly higher in today’s session, as prices rebounded from recent losses. Ethereum also surged earlier in the day, climbing closer to the $1,300 level. Bitcoin Bitcoin (BTC) climbed higher in today’s session, with the coin surging back above the $17,000 level. Following a low of $16,788.78 on Thursday, BTC/USD raced to an intraday high of $17,274.60 earlier in the… Source link

Ethereum has been showing bullish momentum in the last seven days. ETH has gained momentum in the past 24 hours, while other coins are still declining. This rally supports some theories that the asset will rise above the resistance level in the coming days. Weeks after a massive fallout, the second largest cryptocurrency is heading towards a comeback. The FTX crisis, with other macro factors, affected the entire crypto market, with many assets crashing flat. Although there are many… Source link

Ethereum (ETH 4.12%) has had a remarkable seven-year run. Since its launch in July 2015, Ethereum is up a dizzying 34,665% and is now the second-largest crypto by market capitalization. Unfortunately, if you’ve waited until now to buy Ethereum, you’re unlikely to see the same massive, life-changing gains. The good news, though, is that there are plenty of new opportunities — all of them within the burgeoning Ethereum ecosystem — that might turn out to be more profitable than investing in… Source link

As the bear market continues, Ethereum – the second-biggest cryptocurrency – continues to struggle. If you look at the data from CoinGecko, the most notable positive change is 4.1% on the bi-weekly timescale. The red flashing of the longer time scales, however, indicates that ETH has been declining in value since the FTX collapse, and this fact overshadows the shorter time scales. The upswing was triggered by a sudden increase in demand for prime real estate The descending triangle, a… Source link

Data shows the Ethereum whales and sharks have continued to fill up their bags recently, a sign that may prove to be bullish for the price of the crypto. Ethereum Whales And Sharks Bought 561k ETH In A Single Day As per data from analytics firm Santiment, ETH whale and shark addresses are accumulating back towards pre-Merge levels. The relevant indicator here is the “ETH supply distribution,” which tells us which wallet groups are currently holding what percentage of the total Ethereum… Source link

Web3 investment firm Paradigm has released a Rust implementation of Ethereum, according to a Dec. 7 announcement from the company’s chief technology office, Georgios Konstantopoulos. The new software, called “Reth,” allows Ethereum validators to launch their nodes using Rust instead of Go, Java, or other languages. A previous Rust implementation had been released by Erigon in June, but the Erigon team stopped supporting it in November when they learned that Reth was under development,… Source link

ETH recently found support at its 21DMA and a key Fibonacci level. Source: TradingView Ethereum (ETH), the cryptocurrency that powers the smart-contract-enabled Ethereum blockchain network, has mounted a decent recovery on Thursday in tandem with a more risk-friendly tone to trade in traditional asset classes (US stocks are up and the US dollar is down).  ETH/USD was last changing hands in the $1,250 area, up 0.75% in the last 24… Source link

Bitcoin continued to slip on Thursday, with the coin remaining close to its lowest level since the end of November. Momentum in cryptocurrency markets has shifted in recent days, with sentiment currently bearish. Ethereum was also lower, with the token dropping towards $1,200. Bitcoin Bitcoin (BTC) remained near a one-week low on Thursday, as cryptocurrencies continued to trade in the red. BTC/USD slipped to a bottom of $16,750.56 earlier in the day, less than 24 hours after trading… Source link