Ethereum

The cryptocurrency market has experienced massive growth in recent years. This popularity is linked to the digital coins’ potential to offer unique benefits that fiat money doesn’t have. Since more people have joined the crypto universe, businesses have had no alternative but to implement cryptocurrency as an alternative payment method. Ethereum is the second most popular cryptocurrency and is constantly evolving. With its many use cases, Ethereum has become a reliable… Source link

Bitcoin was once again trading under $19,000, as the U.S. dollar moved to a one-week higher versus several G7 currencies. Friday’s move saw the token fall to a key support point in the process. Ethereum was also in the red in today’s session, as prices fell for a fourth straight day. Bitcoin Bitcoin (BTC) was back in the red on Friday, as the U.S. dollar continued to strengthen versus several G7 currencies. Following a high of $19,315.20 during Thursday’s session, BTC/USD… Source link

Ethereum has witnessed a substantial drop in its daily active address (DAA) count over the last four months, raising fears about more downside for Ether (ETH) price in the coming weeks. Stagnant Ethereum price spooks investors The number of Ether DAA dropped to 152,000 on Oct. 21, its lowest level since June, according to data provided by Santiment. In other words, the plunge showed fewer unique Ethereum addresses interacting with the network. Ethereum daily active address count on a daily… Source link

Ethereum has witnessed a substantial drop in its daily active address (DAA) count over the last four months, raising fears about more downside for ETH (ETH) price in the coming weeks. Stagnant Ethereum price spooks investors The number of Ether DAA dropped to 152,000 on Oct. 21, its lowest level since June, according to data provided by Santiment. In other words, the plunge showed fewer unique Ethereum addresses interacting with the network. Ethereum daily active address count on a daily… Source link

Ethereum price seems to have held the selling pressure as it attempts to bounce off $1,280. If the ongoing bullish momentum holds, ETH might sweep the equal highs at $1,343 before retracing to the $1,270 level. A daily candlestick close below $1,220 will invalidate the bullish theiss for ETH. Ethereum price is bouncing off the immediate support level and shows signs of a quick rally. This outlook is a little risky for traders since a failure to maintain this Source link

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

According to Santiment data, both the ETH exchange inflow and outflow have been declining. This is symptomatic of the sluggish behavior of on-chain and off-chain wallet holders. The Ethereum development team, on the other hand, has been moving quickly to begin the Shanghai upgrade, the next phase of the Ethereum merge. Here comes Shanghai The core Ethereum development team is starting to work on Shanghai, the next major upgrade to the Ethereum network. To that effect, a… Source link

According to Santiment data, both the ETH exchange inflow and outflow have been declining. This is symptomatic of the sluggish behavior of on-chain and off-chain wallet holders. The Ethereum development team, on the other hand, has been moving quickly to begin the Shanghai upgrade, the next phase of the Ethereum merge. Here comes Shanghai The core Ethereum development team is starting to work on Shanghai, the next major upgrade to the Ethereum network. To that effect, a… Source link

Investment Giant Sees Post-Merge Ethereum Through ‘New Lens’ Fidelity Investments, the TradFi asset management goliath, plans to launch Ethereum trading and custody services for institutional clients beginning Oct. 28, according to a memo Fidelity sent to its customers. The move, which will be executed by Fidelity Digital Assets, a subsidiary of the firm, deepens its commitment to cryptocurrency. Abigail Johnson, Fidelity’s CEO, has been a longtime supporter of digital assets.  New… Source link

Investment Giant Sees Post-Merge Ethereum Through ‘New Lens’ Fidelity Investments, the TradFi asset management goliath, plans to launch Ethereum trading and custody services for institutional clients beginning Oct. 28, according to a memo Fidelity sent to its customers. The move, which will be executed by Fidelity Digital Assets, a subsidiary of the firm, deepens its commitment to cryptocurrency. Abigail Johnson, Fidelity’s CEO, has been a longtime supporter of digital assets.  New… Source link