Ethereum

Ethereum price lacks strength and is likely to oscillate between the $1,280 and $1,080 barriers for the foreseeable future. Whales holding 100 to 10,000 ETH are gobbling up the altcoin after the recent selling frenzy. A daily candlestick close above $1,280 or a breakdown of $1,080 will define the directional bias for the smart contract token. Ethereum price shows a lack of buying pressure as it approached a crucial hurdle recently. As a result, ETH is now facing a… Source link

Ethereum and the rest of the crypto markets are now experiencing yet another crippling calamity. They call it the ‘black swan’ event, which caused the disintegration of one of the largest crypto exchanges in the world, FTX. With claims of mismanaged customer funds and alleged government scrutiny, Binance, the largest cryptocurrency exchange in the world, abruptly backtracked on Wednesday and announced it would not be buying rival FTX.com. The term “black… Source link

Ethereum and the rest of the crypto markets are now experiencing yet another crippling calamity. They call it the ‘black swan’ event, which caused the disintegration of one of the largest crypto exchanges in the world, FTX. With claims of mismanaged customer funds and alleged government scrutiny, Binance, the largest cryptocurrency exchange in the world, abruptly backtracked on Wednesday and announced it would not be buying rival FTX.com. The term “black… Source link

Ethereum extended losses below the $1,200 support against the US Dollar. ETH is consolidating and might even test the $1,000 support zone in the near term. Ethereum started a major decline below the $1,320 and $1,250 levels. The price is now trading below $1,250 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair is recovering, but… Source link

The big story around Ethereum (ETH -19.98%) this year was The Merge — the moment when Ethereum transformed into a proof-of-stake blockchain with faster transaction processing speeds, huge new energy efficiencies, and higher throughput capacity. However, big price gains for Ethereum never materialized. Sure, there was a brief burst in price over the summer when investors piled into Ethereum ahead of The Merge, but Ethereum is still down nearly 60% for the year. But there is a chance that… Source link

Alameda supplied over 6.9 million FTT, worth $35 million at writing time, to DeFi lending application Abracadabra. Another 4.6 million SUSHI, worth $6.11 million, is held on the DeFi exchange SushiSwap. “She could withdraw and sell at any time,” Lookonchain said, referring to Alameda co-CEO Caroline Ellison. Source link

Source: Ethereum.org Ethereum network fees skyrocketed tenfold to as much as 318 Gwei on November 8 with a simple transaction nearing the level of $10 at one point. This, paired with the ongoing crypto market crash, has triggered a decrease in the coin’s price to below the level of $1,200. The prices of other tokens have also dropped sharply over the past 24 hours. As a result of the latest spike, transactions carried out via… Source link

Ethereum extended losses below the $1,400 support against the US Dollar. ETH is consolidating and might recover if there is a clear move above $1,340 resistance. Ethereum started a major decline below the $1,400 and $1,350 levels. The price is now trading below $1,400 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair is down over 10% and… Source link

On the day of the U.S. midterms and two days ahead of the latest CPI report, Bitcoin and Ethereum have been rattled.  Bitcoin’s (BTC) bullish momentum has faded, with the leading cryptocurrency hitting a new weekly low of $19,563.35, according to data from Coingecko. After staging a modest recovery, Bitcoin now changes hands at around $19,730, down 4.8% over the past 24 hours, suggests data from CoinGecko. The bearish price action accompanied Bitcoin’s daily trading volume rising 48.54% to… Source link

Ethereum started a major decline below the $1,500 support against the US Dollar. ETH faced an increase in selling after the market dumped FTT, SOL, and DOGE. Ethereum started a major decline below the $1,550 and $1,500 levels. The price is now trading below $1,500 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,570 on the hourly chart of ETH/USD (data feed via Kraken). The pair is down over 7% and… Source link