Ethereum

Ether (ETH), Ethereum’s native toke, has been continuing its uptrend against Bitcoin (BTC) as euphoria around its upcoming network upgrade, “the Merge,” grows. ETH at multi-month highs against BTC On the daily chart, ETH/BTC surged to an intraday high of 0.075 on Aug. 6, following a 1.5% upside move. Meanwhile, the pair’s gains came as a part of a broader rebound trend that started a month ago at 0.049, amounting to approximately 50% gains. ETH/BTC daily price chart. Source: TradingView The… Source link

Following the long and painful cryptocurrency market downturn in April and June that sent the king coin, Bitcoin, and the leading altcoin, Ethereum chasing terrifying lows, the bulls regained their strength in July. With its price still a far cry from its November 2021 all-time high, Bitcoin grew by over 18% within the 31-day period. Closing the month at an index price of $1680, ETH the leading alt also grew by 54%. The blockchain analytics platform, Santiment, in its latest

Ethereum rose above $1,700, while bitcoin snapped a seven-day losing streak on Friday, with prices rebounding in today’s session. The move came ahead of this afternoon’s payrolls report, which is expected to show that 250,000 jobs were added to the U.S. economy in July. Bitcoin Ahead of the nonfarm payrolls report, bitcoin (BTC) was back in the green on Friday, as the token rebounded following recent declines. Following a low of $22,485.70 in Thursday’s session, BTC/USD rallied… Source link

Ethereum’s Merge date is days away and the countdown has many people wondering about the fate of layer-2 scaling solutions. You may have noticed Ethereum-associated cryptocurrencies and tokens such as MATIC are up substantially in the last few weeks. However, the move to proof of stake will solve some of the scalability issues associated with Ethereum, thus the curiosity about the future of L2s. Polygon is one of the layer-2 solutions whose future might be at stake due to… Source link

  Bitcoin price is facing resistance near USD 23,500. Ethereum could rally if it clears USD 1,680, XRP eyes a test of USD 0.40. The best performer today, FLOW, increased its gains to more than 50%. Bitcoin price climbed above the USD 23,000 level and is currently (10:44 UTC) trading near USD 23,160. BTC is up over 1% in a day and down 3% in a week. Similarly, most major altcoins are trading in a key range. ETH might clear USD 1,680… Source link

Since 2016, over 44 million contracts have been deployed on Ethereum [ETH]. Interestingly, the number has been on the rise.  Users might have imagined that all smart contracts would have contributed to exchange interactions and Decentralized Applications (DApps) management. However, it has been a little different from the public’s perspective. Source: Electric Capital The details According to an engineer from crypto venture firm Electric Capital, only 15 million out of the 44 million live… Source link

Ethereum price was trading laterally between the $1,700 and $1,600 price mark. At the moment Ethereum was standing firm on the $1400 support line. Over the last 24 hours, Ethereum price depreciated over 4%. Bearishness started to prevail on ETH’s chart and technical outlook pointed towards the same direction. For the bulls to resurface Ethereum price needs to climb above the $1,745 price ceiling. Incase ETH manages to break past the $1,745 price mark and remains above that level, chance… Source link

Ethereum price festers with negative market sentiment amidst the upcoming network merge. ETH price stalls near a pivotal level. A dual scenario is at work targeting either $1,900 or $1,500.  This thesis remains neutral until further evidence is displayed. Ethereum price should remain on traders watchlists. However, turbulence is to be expected for reasons mentioned below. Ethereum price in double scenario Ethereum price currently trades at $1,622. The decentralized smart… Source link

As use cases for blockchain technology increase, the number of related projects and associated cryptocurrencies are becoming more abundant too. While this may sound like momentum toward a future governed by user autonomy, it is not without concern in today’s Web3 landscape. As more blockchain ecosystems emerge, the challenge of navigating them becomes increasingly complex — one has to jump between multiple wallets, bridges and exchanges. Seemingly, the answer is straightforward: Turn the… Source link

People have been feeling the heat of falling prices throughout 2022. Even after the recent rebound, exchange balances have been rising while the top non-exchange balance continues to decrease. Stacking up It is no secret that crypto prices have dropped ridiculously over the first half of 2022. Like other cryptocurrencies, ETH is seeing a rise in supply held on exchanges. According to the analytic firm Santiment, traders have been actively dumping their holdings on to large… Source link