Ethereum

Gamza Khanzadaev Ethereum and Bitcoin finished last week with inflows, while XRP and Cardano recorded outflows Ethereum and ETH-oriented products are seeing their second consecutive week of inflows, according to a fresh weekly fund flow report from CoinShares. Thus, during the past week, there was an inflow of $5.6 million into these assets. Despite continued positivity, month-to-date and year-to-date stats for Ethereum-oriented products remain disappointing, which means outflows. In… Source link

Ethereum started a fresh decline from the $1,350 resistance against the US Dollar. ETH retested $1,255 and remains at a risk of more losses. Ethereum started another decline after it failed to clear the $1,375 zone. The price is now trading below $1,320 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline sharply if it stays… Source link

Ethereum price has sliced through the 2022 volume POC at $1,326, denoting a weak bullish momentum. This development could see ETH crash to $1,050 if the $1,200 support level fails to hold. After this initial downturn, market participants can expect ETH to kick-start a run-up to $2,000.  Ethereum price shows an interesting development over the two days that has caused bears to rejoice. Bulls, on the other hand, seem to be weak and unresponsive, which could lead to… 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 to the market 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… Source link

BitMEX co-founder Arthur Hayes says that the market still hasn’t priced in the significance of Ethereum’s (ETH) successful transition to a proof-of-stake consensus model. In an interview with Raoul Pal of Real Vision, Hayes says that the Ethereum network is now capable of supporting a new ecosystem filled with new businesses and protocols, something that hasn’t been priced in for ETH just yet. “Obviously, the price of ETH isn’t reflecting this right now because we have… Source link

The Merge upgrade for Ethereum (ETH), which primarily sought to transition the blockchain into a proof-of-stake (PoS) consensus mechanism, has been revealed to have a positive impact on the creation of new Ethereum blocks. The Merge was considered one of the most significant upgrades for Ethereum. As a result of the hype, numerous misconceptions around cheaper gas fees and faster transactions plagued the crypto ecosystem, which was debunked by Cointelegraph. However, some of the evident… Source link

The Ethereum Merge was considered the most anticipated event before 15 September. However, there is no use denying the fact that the Merge failed to positively impact the price Ether [ETH]. According to data from cryptocurrency social analytics platform LunarCrush, the hype that surrounded the Merge before its implementation caused ETH’s social activity to rally. In addition, for several months before the Merge, the term “Merge” trended as the most mentioned term,… Source link

This week in coins. Illustration by Mitchell Preffer for Decrypt. On Tuesday, crypto fleetingly regained a trillion dollar market cap. The modest gains were wiped out the following day by a brief crash, and coming into the weekend, Bitcoin (BTC) and Ethereum (ETH) are both basically flat over the past seven days.  That’s better than some of the other notable names fared in the past week. XRP is down 5% in the past week, even after an incremental victory in Ripple’s case against the SEC… Source link

Traders who use the Ethereum network are familiar with the ERC-20 technical standard and have most likely traded and invested in tokens that utilize it. After all, its practicality, transparency and flexibility have made it the industry norm for Ethereum-based projects. As such, many decentralized applications (DApps), crypto wallets and exchanges natively support ERC-20 tokens. However, there’s one problem: Ether (ETH) and ERC-20 do not exactly follow the same rules, as Ether was created… Source link

Ethereum [ETH] volumes have been all over the place in the last three months and more so in September. Perhaps an expected outcome, given the drastic changes that have taken place in the crypto market during the month. The demand for ETH also witnessed some volatility during the last four weeks. Nonetheless, recent events highlight interesting changes that many investors may not have expected. For example, the rising global inflation resulted in a stronger dollar and a… Source link