Ethereum

Bitcoin started the week trading above $19,000, as bulls made a sluggish return to the token, following recent sell-offs. Ethereum also rallied on Monday, after a brief stint trading below $1,300. Overall, the global crypto market is down 1.19% as of writing. Bitcoin Bitcoin (BTC) was trading marginally higher on Monday, as bull began to return to crypto markets following recent sell-offs. Following a low of $19,118.19 on Sunday, BTC/USD raced to an intraday high of $19,491.33… Source link

Ethereum, the undisputed ruler of the altcoin market, is now stuck in a bear market as the token struggles to break the $1,300 resistance level. However, the current market price is $1,302.87, only 0.22 percent more than the key psychological buy point. Despite how good this sounds, the way the market is moving right now, the bear market is likely to continue this month, which is not good news for ETH. The possibilities of a bear market recovery for ETH are slim… Source link

Famous crypto YouTuber claims that Cardano will surpass Ethereum in market cap and users in the next ten years. Cardano is among the top blockchains whose development activities have been rising recently. Founder of BitBoy crypto and controversial crypto YouTuber, Ben Armstrong, has made a sensational claim. Armstrong said he believes that Cardano will eventually surpass Ethereum (the second-largest… Source link

A crypto strategist who continues to build a following with timely altcoin calls says one Ethereum (ETH) challenger could generate massive growth for long-term holders. Pseudonymous analyst Altcoin Sherpa tells his 184,700 Twitter followers that he believes smart contract platform Solana (SOL) looks primed for a fresh leg down. However, the popular crypto analyst also says that the potential move down could present a prime opportunity for SOL bulls. “I think range lows are… Source link

Crypto is totally dead lately—if you’re only looking at the price action. Yes, Bitcoin is down 72% from its all-time-high price in November 2021, almost one full year ago. Ethereum is down the same, 72% from its own high of $4,878. Woof. Crypto advocates point out that it’s not just crypto, stocks have been hammered too. And they’re right: everything is down right now. But that’s cold comfort for crypto believers, who—I’ll let you in on a little crypto media trade secret—do not care to… Source link

According to the onchain analytics firm Santiment, Ethereum large holders, namely shark and whale addresses having up to 1 million ETH, have dumped $4.2 billion worth of ETH, which is 3.3 million coins in the last five weeks. The Ethereum Merge occurred on Sept. 15, to the joy of the community. 🐳🦈 #Ethereum‘s shark & whale addresses (holding 100 to 1M $ETH) have dropped 3.3M $ETH in just the past 5 weeks. This equates to about $4.2B in dumped coins. The asset’s price vs. #Bitcoin… Source link

Ethereum’s much-anticipated Merge didn’t create the expected fireworks across the board in terms of ETH’s price action. In fact, Ethereum enthusiasts also discussed the ETH:BTC ratio at length in the past in tandem with “the flippening”. A hypothetical event that would see Ethereum overtake or “flip” Bitcoin’s market capitalization. However, that seems like a far-fetched reality given the current soup ETH has found itself… Source link

Alex Dovbnya Controversial cryptocurrency YouTuber Ben Armstrong says that Cardano might end up surpassing Ethereum in the long term Controversial cryptocurrency YouTuber Ben Armstrong (a.k.a BitBoy) caused a stir on Twitter after predicting that Cardano would end up surpassing Ethereum by market capitalization.     Realistically, this could happen six years from now, according to the prominent crypto influencer. Cardano, which was initially known as “Japanese Ethereum” shortly… Source link

A closely followed crypto strategist and trader is predicting rallies for Bitcoin (BTC) and Ethereum (ETH) that he says will leave naysayers in disbelief. Analyst Justin Bennett tells his 109,800 Twitter followers that Bitcoin has successfully broken above its diagonal resistance, a trendline that has kept the market bearish since November 2021. “BTC reversed today right from the linear trend line from the all-time high.”  Source: Justin Bennett/Twitter With the diagonal… Source link

It was the fourth consecutive week of losses or no movement for Bitcoin and Ethereum, both of which dipped lower at the end of this week after more high inflation readings from the U.S. Bureau of Labor Statistics.  Bitcoin fell 2% over the past week and currently trades for $19,126; Ethereum fell 3.5% to a current price of $1,282, according to CoinGecko data.  On Monday, Bitcoin’s mining difficulty hit a new all-time high after rising by 14%—the largest spike since May. As difficulty… Source link