Ethereum

This week saw a positive recovery in some crypto assets, Ethereum included. It is gaining momentum and preparing for a bullish rally in the days to come. Although Ethereum is still below $1,300, some factors suggest a possible increase to $1,350 and $1,550. The crypto market has been filled with FUD (fear, uncertainty, and doubt) in the past weeks following the FTX crisis. Crypto investors are left speculating whether to buy or sell holdings as assets plunged deeper. For example, reports… Source link

Two under-the-radar, Ethereum-based (ETH) altcoins are surging this week while much of the crypto market tracks sideways. Mask Network (MASK), a project that aims to bring Web3 features to social media platforms like Twitter and Facebook, is trading at $3.97 at time of writing. The 119th-ranked crypto asset by market cap is up by more than 47.5% in the past seven days and more than 3% in the past 24 hours. Ribbon Finance (RBN), a suite of DeFi protocols that aims to help users… Source link

Ethereum moved closer to the $1,300 level on Dec. 2, as prices remained near a multi-week high. This comes as the latest U.S. nonfarm payrolls report showed that 263,000 jobs were added to the U.S. economy. Markets had expected this to come in at 200,000. Bitcoin was trading above $17,000 prior to the release of the data. Bitcoin Bitcoin (BTC) was once again trading above the $17,000 level, following today’s U.S. nonfarm payrolls (NFP) report. Today’s data was expected to show an… Source link

The largest bank in Russia, Sber, has announced that its proprietary blockchain platform will be compatible with Ethereum. In a press release, the bank, whose majority shareholder is the Russian government with a “50% + 1 share” option, announced the new capabilities for its proprietary open blockchain platform. The announcement was made during the first international meeting of blockchain industry participants for businesses. The organizer of the event was Sber Blockchain… Source link

The largest bank in Russia, Sber, has announced that its proprietary blockchain platform will be compatible with Ethereum. In a press release, the bank, whose majority shareholder is the Russian government with a “50% + 1 share” option, announced the new capabilities for its proprietary open blockchain platform. The announcement was made during the first international meeting of blockchain industry participants for businesses. The organizer of the event was Sber Blockchain… Source link

Ethereum price has shown incredible strength as it tore through the $1,195 resistance level. Although a minor retracement is underway, ETH continues to aim for a retest of the $1,400 hurdle. A daily candlestick close below the November 28 swing low at $1,151 will invalidate the bullish thesis for the smart-contract token. Ethereum price performance over the last few days has been incredible as it breached critical hurdles. This move occurred when Bitcoin was… Source link

Decentralized finance (DeFi) protocol Trader Joe has announced its very first expansion from Avalanche and onto the Ethereum ecosystem, as part of its plans to access new markets and drive up user activity. The decentralized trading platform announced its “multi-chain” expansion into Ethereum layer-2 scaling solution Arbitrum One on Dec. 1 and follows around a month after it stated its intention to expand to additional markets and ink new partnerships amid falling TVL and user activity… Source link

Upside Ethereum targets. Source: Trading View ETH, the cryptocurrency that powers the Ethereum blockchain, was last changing hands around $1,275, up around 6.5% in the last seven days according to CoinMarketCap. The cryptocurrency gained 6.5% alone on Wednesday as traditional risk assets like US equities rallied in wake of a more dovish-than-expected message from the chairman of the US Federal Reserve Jerome Powell on the prospect… Source link

Ethereum Price Today: ETH to USD Live Price Chart – CoinJournal … Source link

The Ethereum price has finally been able to break above the $1,233 resistance mark. Over the last 24 hours, the coin has registered substantial gains. With the price moving above the $1,233 resistance level, Ethereum price has pictured a positive short-term bullish thesis on its one-day chart. Technical outlook also agreed with the same and depicted a rise in demand for the king altcoin. Buyers will need to stick around for longer than the next couple of trading sessions for ETH to reach… Source link