Ethereum

Data shows someone has today paid 93 ETH in fees for a transaction on the Ethereum blockchain; here’s the likely reason behind this seemingly abnormal transfer. This Single Ethereum Transaction Took A Fees Of 93 ETH To Be Possible At a first glance, 93 ETH in fees, and that too for a single transfer, seems simply absurd. Even for the Ethereum network, which is notorious for having periods where the fees reaches sky-high values, it feels too ridiculous to be true. So, why was such a high… Source link

The ethereum price has risen to $1,216.65, marking a 12% increase from lows recorded on Thursday, when the FTX collapse caused a major market selloff. Its current price also represents a 2% rise in the past 24 hours, although the second-biggest cryptocurrency has fallen by 20% in the last 14 days as its ongoing upgrades struggle to counteract ongoing pessimism. Despite the negativity of the past few months, ETH holders have plenty… Source link

Arman Shirinyan One of most important parts of Ethereum ecosystem to finally get attention it deserves Ethereum saw a variety of updates since 2017, gaining new critical functions that are ensuring the future growth and prosperity of the project. However, the cryptocurrency’s core features revolve around the Ethereum Virtual Machine that allows for building the decentralized solutions and assets that the whole industry is using today. The series of updates starts with EIP-3450: EOF v1…. Source link

In a madcap time of immense disruption, the crypto markets took a breather to round the week off, with most major cryptocurrencies showing minimal price action. Bitcoin managed to stave off any further losses by inching higher to US$16,665, but the bulls face still resistance before reclaiming support above US$17,000. Week on week, bitcoin is slightly more than 4% down against the US dollar. Bitcoin (BTC) consolidates lower post FTX collapse – Source: currency.com Ethereum also… Source link

Ethereum is consolidating losses above the $1,200 support against the US Dollar. ETH could start a steady increase if there is a clear move above the $1,300 resistance. Ethereum is facing resistance near the $1,240 and $1,250 levels. The price is now trading below $1,240 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,240 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if there is a… Source link

Global crypto markets took a 2% hit today as contagion fears continued spreading to more platforms, including the Winklevoss Twin-owned Gemini exchange. Bitcoin fell back half a percent to US$16,550 after failing to overcome bearish resistance, raising the possibility of a retraction to US$16,450 support levels in the coming sessions.   A fresh low for bitcoin (BTC), or bullish support on the way? – Source: currency.com Ethereum cut a similar path, having been sent back to US$1,200… Source link

The Ethereum price is currently in the red, along with the wider crypto markets, as the market continues to deal with the knock-on effects of the FTX collapse. However, recent price action suggests that bulls are looking for a 30% move to the upside. Binance and FTX’s SBF to Face House Committee The House Financial Services Committee has called upon Sam Bankman-Fried (SBF) and Binance to appear before it in December amid… Source link

Ether (ETH) has been stuck between $1,170 to $1,350 from Nov. 10 to Nov. 15, which represents a relatively tight 15% range. During this time, investors are continuing to digest the negative impact of the Nov. 11 Chapter 11 bankruptcy filing of FTX exchange.  Meanwhile, Ether’s total market volume was 57% higher than the previous week, at $4.04 billion per day. This data is even more relevant considering the collapse of Alameda Research, the arbitrage and market-making firm controlled by… Source link

What happened Shares of several notable cryptocurrencies continued to decline today, as investors digest the fallout from the FTX debacle, which has roiled the crypto market. Over the last 24 hours, the world’s second-largest cryptocurrency, Ethereum (ETH -4.10%), traded roughly 4% lower as of 12:01 p.m. ET.  Meanwhile, the price of Solana (SOL -0.67%) traded down 3.7%, while the meme token Dogecoin (DOGE -1.97%) was down 2.7%. So what FTX, one of the world’s largest crypto exchanges,… Source link

Ethereum moved into the red on Nov. 16, as markets became nervous, following a missile accidentally exploding in Poland. Fears grew of potential escalation in the war between Russia and Ukraine, as the missile hit Poland, which is a NATO-backed country. Poland and NATO have both downplayed the strike, and have so far not accused Russia of the act. Bitcoin also fell, ending two days of gains. Bitcoin Bitcoin (BTC) was back in the red on Wednesday, as markets reacted cautiously to… Source link