Ethereum

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

Alex Dovbnya The Tezos co-founder believes that cryptocurrency companies are severely overvalued after the era of “free money” Kathleen Breitman, cofounder of “Ethereum killer” Tezos, believes that the ongoing cryptocurrency bear market cycle is only going to get worse.   Breitman explains that the most recent bull run was “inflated” by cheap money. “There was a lot of easy money going into the system,” she said.            The Tezos co-founder believes… Source link

Arbitrum, a layer-2 rollup for Ethereum, has seen its network activity spike to new heights as anticipation mounts for an airdrop. The buzz has boosted the total value of digital assets locked on the network (TVL) by more than 13% over the past month. Arbitrum’s TVL is now $1.05 billion, eclipsing Ethereum rival Solana and even direct competitor Optimism. Not to mention, transactions have shot up more than 550% since the launch of its Nitro network upgrade in… Source link

Ethereum investors have had a rollercoaster year in 2022. It has been both successful in some aspects and gut-wrenching in others. After trending in the low $1,000s for a long time, the crypto market rally had seen Ethereum rise to two-month highs. What followed was a marked increase in the number of investors that were actually making a profit from their investments. 57% Of Investors In Profit If anything, the profitability of Ethereum over the years has been a… Source link

The growing number of cryptocurrencies entering the cryptocurrency market makes it increasingly challenging to find ground-floor projects with profit potential. Looking to the future while discovering new cryptos, like Rocketize (JATO), with the potential to yield great returns is a beneficial strategy when selecting projects to buy into. With Rocketize (JATO) creating a buzz in the crypto space, experts believe the new cryptocurrency could join Ethereum (ETH)… Source link

Ethereum remained well bid above the $1,550 zone against the US Dollar. ETH could start a fresh increase if it clears the $1,625 resistance zone. Ethereum is stable and is showing positive signs above the $1,550 support zone. The price is now trading above $1,560 and the 100 hourly simple moving average. There is a major contracting triangle forming with resistance near $1,620 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh… Source link

Ethereum’s native token, Ether (ETH), looks poised to log a major price rally versus its top rival, Bitcoin (BTC), in the days leading toward early 2023. Ether has a 61% chance of breaking out versus Bitcoin The bullish cues emerge primarily from a classic technical setup dubbed the “cup-and-handle” pattern. It forms when the price undergoes a U-shaped recovery (cup) followed by a slight downward shift (handle) — all while maintaining a common resistance level (neckline). Traditional analysts… Source link

A $250 surprise rally took place between Oct. 25 and Oct. 26, pushing the price of Ether (ETH) from $1,345 to $1,595. The movement caused $570 million in liquidations in Ether’s bearish bets at derivatives exchanges, which was the largest event in more than 12 months. Ether’s price also rallied above the $1,600 level, which was the highest price seen since Sept. 15. Let’s explore whether this 27% rally over the past 10 days reflects any signs of a trend change. Ether/USD 4-hour price… Source link

Ethereum has been dominating the crypto market since the rally began. The digital asset had outperformed even bitcoin during this time, which saw a higher drive in its price compared to its larger counterparts. Even now, this outperformance continues to wax stronger. However, as the month of October draws to a close, the question becomes if Ethereum would be able to maintain on this part, and indicators are pointing in the affirmative. Ethereum Dominates Crypto… Source link