Ethereum

Ethereum [ETH], on 9 October, recorded a significant increase in the number of addresses registered on the blockchain as per data from the analytics platform Santiment. There were over 135,000 Ethereum addresses registered, which was over 11% greater than the peak number that was recorded in January 2022.  📈 #Ethereum saw a surge of new addresses created Saturday, with 135,780 new $ETH addresses popping up on the network. This is 11.1% more network growth than the next… Source link

As the cryptocurrency sector continues struggling to regain its strength, one analyst anticipates an exceptionally bullish future for its second-largest asset by market capitalization – Ethereum (ETH). Specifically, if historical patterns from 2016-2017 are any indicator, Ethereum could be in for one of the largest bull markets in the history of the crypto industry, according to a tweet published by the pseudonymous crypto analyst Moustache on October 11. Historical Ethereum price… Source link

Most cryptocurrencies were trading in the negative early on October 11, as the global crypto market cap fell 3.26% on the previous day to $916.30 billion. Over the last 24 hours, however, overall crypto market volume increased by 63.81% to $54.09 billion. The overall volume in DeFi was $3.64 billion, accounting for 6.73% of the total 24-hour volume in the crypto market. The overall volume of all stablecoins was $51.01 billion,… Source link

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Bitcoin was trading near a key support point on Monday as markets prepared for a big week of economic data. The headline release will be Wednesday’s U.S. inflation report, which is forecasted to come in at 8.1% for September, which is lower than August’s rate of 8.3%. Ethereum was also in the red, as the token slipped to a one-week low to start the week. Bitcoin Bitcoin started the week trading at a seven-day low, as markets prepared for a big week of economic data. BTC/USD… Source link

Ethereum price continues to stay between the $1,423 and $1,282 ranges, hinting at a lack of volatility. Investors should expect a volatile move, potentially up to $1,423, as a new week begins. A four-hour candlestick close below $1,282 will invalidate the bullish thesis for ETH. Ethereum price shows a lack of involvement from investors, which can be explained by the low trading volumes over the weekend. However, the price action from September 19 seems to be stuck between two crucial… Source link

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject After Bitcoin, Ethereum [ETH] is the most popular cryptocurrency. In fact, it is also the most well-known altcoin right now. It was introduced by computer engineer Vitalik Buterin in 2015. Over the years, the altcoin has done pretty well for itself on the charts. For instance – By 2022, ETH’s price had… Source link

All eyes have been on the Ethereum network since it moved from a Proof of Work (PoW) to a proof of Stake (PoS) mechanism. Granted, the digital asset’s price hasn’t done as well as many had predicted it would after the upgrade but the new functions of the network remains fascinating. Now, Ethereum has marked another milestone following the upgrade, with the largest single growth day recorded so far in 2022. Growth On Steroids Activity on the Ethereum… Source link

The post-Merge landscape of Ethereum took many by surprise; the figures and the outcome weren’t something they had in mind. Bad macroeconomic conditions and other negative factors overshadowed what was expected as a breakthrough. It was, in some ways, but the fanfare pre-Marge was so hyped up, until a few days following the event. The optimism that had been building up in the days leading up to the CPI report, which ultimately brought down the broader financial… Source link

Former Goldman Sachs executive Raoul Pal says one particular Ethereum (ETH) rival is likely to outshine the rest of the crypto markets next bull cycle. In a new ask me anything (AMA) session, the Real Vision founder says that while the Solana (SOL) blockchain has had technical issues as of late, that doesn’t negate the Ethereum rival’s sky-high activity on-chain and network growth. “I like Solana. Yes, I understand it keeps breaking. Yes, I also understand that everybody… Source link