Ethereum

Bitcoin topped $22,000 as it continues a week-long rally ahead of U.S. inflation data and a highly anticipated Ethereum network upgrade. The world’s largest cryptocurrency hit $22,341.50 at 9:45 p.m. ET Sunday before dipping slightly, according to CoinDesk data. Bitcoin was trading at $22,203 at around 4:03 a.m. ET on Monday. After falling below $19,000 on Wednesday to its lowest level since June, bitcoin has since rallied around 17%. This also comes off the back of a winning week last week for… Source link

Ethereum gained pace above the $1,700 resistance against the US Dollar. ETH is showing positive signs and might even clear the $1,800 resistance. Ethereum started a major increase and settled above the $1,700 level. The price is now trading above $1,700 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,725 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear $1,780 to continue higher… Source link

As a sign of support for the upcoming Ethereum Merge, tech juggernaut Google is marking the time left until the upgrade with a new countdown timer.  Typing any variation of “Ethereum Merge” or “The Merge” into the search engine shows a countdown ticker, with the estimated time left until the Merge based on the current difficulty, hash rate, and merge difficulty. Off to the side is a cartoon of two happy pandas running toward each other with outstretched hands, which supposedly will get closer… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum [ETH] registered an over 24% hike in the last two weeks after taking a u-turn from its two-month support around the $1,442-zone. With the $1,790-resistance coinciding with the upper trendline of the up-channel (yellow), the king alt could face near-term hurdles in the coming sessions. However, the broader sentiment of the coin could… Source link

After years and years of delays, the Ethereum merge is upon us. The event, when the proof-of-work Ethereum mainnet will merge with the proof-of-stake beacon chain, could happen as soon as Tuesday. (If you want a tech-free analogy for normie friends, I like this charmingly nerdy one from the Ethereum Foundation itself: “Imagine Ethereum is a spaceship that isn’t quite ready for an interstellar voyage. With the Beacon Chain, the community has built a new engine and a hardened hull. After… Source link

Zug, Switzerland–(Newsfile Corp. – September 11, 2022) – AmpliFi (#AMPLIFI), led by co-founder Christopher Silk and Jordan Tappan, announces it’s leveraging the Ethereum switch from Proof of Work to Proof of Stake and monetizing it. The first of its kind “decentralized crypto annuity” uses trade fees and platform fees to accrue Ethereum Validators, aiming to ultimately become the largest validator across all major blockchains. (Amplify logo) To view an enhanced version of this graphic, please… Source link

A popular crypto strategist is predicting a fresh leg up for Ethereum (ETH) while mapping out a bullish path for Bitcoin (BTC). In a new strategy session, pseudonymous analyst DonAlt says he’s keeping a close watch on how Ethereum reacts at the $1,700 level. DonAlt predicts that ETH will slice through the $1,700 resistance en route to his target of $2,500. “What we’re doing right now is basically we reclaimed that entire breakdown, so for me this is basically an entire… Source link

The last day of the week is about to be neutral for the cryptocurrency market as some coins keep rising while others have faced correction. ETH/USD The rate of Ethereum (ETH) keeps rising, going up by almost 3% since yesterday. On the local time frame, Ethereum (ETH) is approaching the resistance level at $1,778. Even though the daily ATR has passed, a closure near $1,780 can be a prerequisite for a squeeze to $1,800 soon. On the bigger chart, the situation is also bullish as the… Source link

An army of computer programmers scattered across the globe is set to attempt one of the biggest software upgrades the crypto sector has ever seen this week to reduce its environmentally unfriendly energy consumption. Developers have spent years working on a more energy-efficient version of the ethereum blockchain, a digital ledger that underpins a multibillion-dollar ecosystem of cryptocurrencies, digital tokens (NFTs), games and apps. Ethereum – the second most… Source link

After the recent volatility, bitcoin seems calmer today but still stands tall above $21,000. Tezos is among the best performers from the mid-cap alts, while Ethereum continues to march towards $1,800 ahead of the long-anticipated Merge. Bitcoin Saw New Weekly High The primary cryptocurrency had a tough week as it plummeted to a six-week low in the middle of it at just over $18,500. This continued the recent trend of losing a lot of value since it dumped below $20,000 at the… Source link