Ethereum

Ethereum is consolidating gains above the $1,300 zone against the US Dollar. ETH could gain pace if there is a clear move above the $1,370 zone. Ethereum is showing positive signs above the $1,320 and $1,330 levels. The price is now trading above $1,320 and the 100 hourly simple moving average. There is a key contracting triangle forming with resistance near $1,350 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rally if there is a clear… Source link

Arman Shirinyan Second-biggest cryptocurrency finally making breakout attempt after month of moving sideways Contents Ethereum’s attempt to break through Shiba Inu’s first reversal sign The last few weeks were tough for the cryptocurrency market, as most assets entered and did not exit local resistances despite negative netflows on exchanges and appearing signs of accumulation. Today, however, some assets are showing some important reversal signs. Ethereum’s attempt to break… Source link

Aave and Oasis.app Launch Offering Letting Users Increase Exposure to Staked ETH In a move that may accelerate the growth of staked Ether in a post-Merge market, Oasis.app, a dApp that spun out of MakerDAO, launched a product letting users bolster their exposure to stETH staking yields, the venture announced on Oct. 24.  Oasis.app partnered with DeFi lending giant Aave in the deal. The product allows Aave users to borrow ETH against stETH — Lido’s liquid staking derivative — and then… Source link

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Support at $20.00 will determine if ETC price regains momentum above $30.00 or drops to retest $13.50. Ethereum Classic mining hashrate continues to drop approximately six weeks from the Merge. Based on the Super Trend indicator’s sell signal on the daily chart, sellers have the upper hand. Ethereum Classic price is trading 51% down from its September peak at $45.81. Market participants were surprised when ETC price more than tripled its value from $13.50, thanks… Source link

Ethereum went through a key network upgrade on Sept. 15, shifting from its proof-of-work (PoW) mining consensus to a proof-of-stake (PoS) one. The key upgrade is dubbed the Merge.  The Merge was slated as a critical change for the Ethereum network that would make it more energy efficient, with later improvements to scalability and decentralization to come. A little over a month later, however, some industry observers fear the PoS transition has pushed Ethereum toward more centralization and… Source link

Ethereum went through a key network upgrade on Sept. 15, shifting from its proof-of-work (PoW) mining consensus to a proof-of-stake (PoS) one. The key upgrade is dubbed the Merge.  The Merge was slated as a critical change for the Ethereum network that would make it more energy efficient, with later improvements to scalability and decentralization to come. A little over a month later, however, some industry observers fear the PoS transition has pushed Ethereum toward more centralization and… Source link

Crypto strategist Michaël van de Poppe says he’s planning to accumulate a handful of altcoins including three Ethereum (ETH) competitors. Van de Poppe tells his 636,300 Twitter followers that he has his sights set on decentralized oracle network Chainlink (LINK), as well as XCAD, the native asset of non-fungible token (NFT) marketplace XCAD Network, and Skale (SKL), a blockchain network designed to allow developers to create and provide decentralized chains that are completely… Source link

On October 24, the Bitcoin price showed a bearish correction after getting rejected at the $19,700 resistance mark. In contrast, Ethereum is rising, gaining over 2% to $1,347 during the early Asian session. Major cryptocurrencies were trading bullish early on October 24, with a global crypto market cap of $931 billion on the previous day with a trading volume of $479 billion.  Let’s take a look at the top winners and losers so… Source link

Ethereum gained pace and broke the $1,320 resistance against the US Dollar. ETH is showing positive signs and might surge above the $1,400 resistance. Ethereum started a steady increase above the $1,320 and $1,330 levels. The price is now trading above $1,300 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $1,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rally before bitcoin if… Source link