Ethereum

Image source: Getty Images After surging almost 40% over the past 30 days, crypto’s leading smart contract platform could be suffering from a case of “buy the rumor, sell the news” regarding the Ethereum Merge. Key points The Ethereum blockchain’s home-grown coin ETH was down more than 10%… Source link

The crypto community is eagerly awaiting for Ethereum to achieve its ‘Merge’ milestone. Dress rehearsals have been going on for a while, and the grand finale is set to take place in mid-September. Read More – Ethereum Merge to take place mid-September; Details Several analysts, at this stage, believe that Ethereum would shine post the upgrade. As outlined in an article yesterday, Ethereum researcher Vivek Raman believes that the PoS transition will enable Ethereum to take over… Source link

Ethereum fell below its recent floor of $1,500 earlier in today’s session, as bearish pressure intensified in crypto markets. Uncertainty in the market has heightened today, as traders prepare for yet another rate hike from the Fed. Bitcoin was also lower for a second consecutive day, as prices were on the cusp of falling under the $21,000 level. Bitcoin Bitcoin (BTC) extended its stint in the red during today’s session, as the token was on the cusp of falling below… Source link

Ethereum price shows no signs of slowing down after dropping 15% in the last day. This downswing is likely to continue until ETH finds a stable footing at $1,284. Invalidation of the bearish outlook will occur if ETH produces a swing high above $1,700. Ethereum price is undergoing a selling spree after a massive, week-long rally that pushed its price up by more than 60%. As a result, ETH is currently scrambling to find stable support levels. Ethereum price on a… Source link

Institutional sentiment toward Ether (ETH) appears to have shifted into positive gear, with digital investment products offering exposure to the asset having posted four consecutive weeks of inflows, according to CoinShares. Prior to this, ETH investment products had been on a lengthy 11-week run of outflows that saw the total year-to-date (YTD) outflows hit as high as $458 million in mid-June. According to data from the latest edition of CoinShares’ weekly “Digital Asset Fund Flows”… Source link

Ethereum gained bearish momentum below the $1,500 support against the US Dollar. ETH must stay above $1,400 to start a recovery wave. Ethereum remained in a bearish zone and extended losses below $1,500. The price is now trading below $1,500 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,460 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a recovery wave unless there is a clear move below the $1,400… Source link

  Bitcoin declined 3% and traded below USD 21,500. Ethereum declined below USD 1,450, XRP is approaching the USD 0.32 support. ADA and SOL are down almost 5%. Bitcoin price extended losses below the USD 22,500 level and declined below USD 21,500. It is currently (03:58 UTC) trading just below USD 21,200 and is down over 3% in a day and 5% in a week. Similarly, most major altcoins are moving lower. ETH traded below the USD 1,450… Source link

These three terms are similar, but different. Here’s how a ticker symbol, a cryptocurrency, and a blockchain network all relate to each other. When jumping into the world of crypto there are three basic terms that are used when referring to a blockchain and its native cryptocurrency, and for the Ethereum blockchain these terms are “Ethereum“, “ether“, and “ETH“. While directly related to each other, there are subtle differences between… Source link

Ethereum had been one of the largest winners of the rally that rocked the crypto market last week. The network had seen a boost when one of the developers of Ethereum announced that the upcoming Merge would likely happen sometime in September. It triggered a ripple effect that spread to the other digital assets in the space. But it seems Ethereum investors are nowhere close to being done, given the on-chain metrics from the last week. Exchange Outflows Ramp Up In the last week, large and… Source link

Ethereum price remains in a bullish consolidation. ETH price has breached a new monthly high at $1630. Invalidation of the uptrend is a breach below $1270. Ethereum price has bullish cues, but finding an entry will be the most challenging aspect for traders. Ethereum price points higher with contingencies Ethereum price currently consolidates at around $1515. A bearish divergence was spotted on Friday, June 22, which prompted reasonable concern. Throughout the… Source link