Ethereum

Ethereum inches even closer to total censorship due to OFAC compliance

Ethereum inches even closer to total censorship due to OFAC compliance

Considering that protocol-level censorship is deterrent to the crypto ecosystem’s goal of highly open and accessible finance, the community has been keeping track of Ethereum’s growing compliance with standards laid down by the Office of Foreign Assets Control (OFAC). Over the last 24 hours, the Ethereum network was found to enforce OFAC compliance on over 73% of its blocks. Ethereum sporting 73% OFAC-compliant blocks. Source: mevwatch.info  In Oct. 2022, Cointelegraph reported on the Source link

Read More »

Bitcoin and Ethereum Prices Spike Thanks to This Crypto Market Paradox

Bitcoin and Ethereum Prices Spike Thanks to This Crypto Market Paradox

Gamza Khanzadaev Crypto market is up $1 trillion again on good “bad” news as bull rally may be in play The two largest cryptocurrencies, Bitcoin and Ethereum, soared on the back of today’s poor U.S. unemployment report. At the same time, total crypto market capitalization has once again reached the all-important $1 trillion mark. Source: TradingView Despite rising unemployment, the price of BTC increased by almost 5%, while the price of ETH soared by 8.5%. It would seem that with a… Source link

Read More »

Bitcoin Price and Ethereum Prediction – Here’s Why the US NFP Could Boost BTC by 10% Today

Bitcoin Price and Ethereum Prediction – Here’s Why the US NFP Could Boost BTC by 10% Today

On November 4, the Bitcoin price is consolidating in a narrow trading range of $20,000 to $20,400, ahead of the US non-farm payrolls and unemployment rate. Similarly, the price of Ethereum is stable, fluctuating between profits and losses near $1,548 as investors wait for the big event before placing bets. Major cryptocurrencies traded mixed early on November 4, with the global crypto market up 0.17% to $1.01 trillion on the… Source link

Read More »

Ethereum Price Holds at $1,500, Why There’s Hope For The Bulls

After yesterday’s Federal Open Market Committee (FOMC), the Ethereum price and the crypto market have held their ground. Those market participants expecting a return to the previous range might be disappointed as macro-economic forces  At the time of writing, the Ethereum price trades at $1,540 with a 2% profit in 24 hours and a 2% loss in the previous seven days. Other cryptocurrencies in the top crypto top 10 by market capitalization follow this trend, but… Source link

Read More »

Cardano vs. Ethereum: How They Differ

Cardano vs. Ethereum: How They Differ

Jirapong Manustrong / Getty Images/iStockphoto Since bitcoin arrived on the scene, cryptocurrencies have been a hot topic in the financial world. The basic concept behind crypto is “decentralization,” creating a monetary system outside of the control of… Source link

Read More »

Ethereum Must Hold $1,500 Or Risk A Decline To $1,300

Ethereum is on an obvious bull path given its performance in the last couple of weeks. The digital asset took a turn for the better more than a month after the Merge was completed and accumulation among investors was already in full swing. ETH’s price eventually surpassed $1,600 before encountering rejection and dropping down below.  Ethereum Needs To Hold $1,500 Now that the digital asset has been beaten down back below $1,600, support has moved lower. $1,500… Source link

Read More »

Ethereum Must Hold $1,500 Or Risk A Decline To $1,300

Ethereum is on an obvious bull path given its performance in the last couple of weeks. The digital asset took a turn for the better more than a month after the Merge was completed and accumulation among investors was already in full swing. ETH’s price eventually surpassed $1,600 before encountering rejection and dropping down below.  Ethereum Needs To Hold $1,500 Now that the digital asset has been beaten down back below $1,600, support has moved lower. $1,500… Source link

Read More »

“Most Bullish Thing” About to Happen to Bitcoin and Ethereum

“Most Bullish Thing” About to Happen to Bitcoin and Ethereum

Alex Dovbnya Tens of millions of Fidelity’s retail clients will soon be able to start trading Bitcoin and Ethereum Contents “The most bullish thing” Institutional interest remains strong Boston-based financial services behemoth Fidelity Investments has opened up a waitlist for those who want to try out its new commission-free cryptocurrency trading service called Fidelity Crypto. The firm’s clients will be able to buy and sell Bitcoin (BTC) and Ethereum (ETH). In its statement, Fidelity… Source link

Read More »

Ethereum (ETH) Price Struggles At $1,540; Is $1,700 Still Realistic For Bulls?

ETH’s price slowed down after showing so much strength as it rallied to a high of $1,600 but got rejected as the price maintained downward.   ETH could suffer retracement as the price holds above the key support area, holding the price off from sellers with hopes of a rebound.  ETH’s price remains strong on the daily timeframes as the price trades above the 50 Exponential Moving Average (EMA). Ethereum (ETH) showed some incredible price action as the… Source link

Read More »

Ethereum Triple Halving: What Investors Need To Know

Ethereum Triple Halving: What Investors Need To Know

©Shutterstock.com Ethereum — the platform that hosts most of the world’s GameFi, DeFi and NFT protocols — has completed its long-anticipated upgrade to Ethereum 2.0. The Merge, as it’s known, shifted the platform from unsustainable and energy-intensive… Source link

Read More »