Bitcoin price broke out this week, but has the trend changed?

Welcome readers, and thanks for subscribing! The Altcoin Roundup newsletter is now authored by Cointelegraph’s resident newsletter writer Big Smokey. In the next few weeks, this newsletter will be renamed Crypto Market Musings, a weekly newsletter that provides ahead-of-the-curve analysis and tracks emerging trends in the crypto market.  The publication date of the newsletter will remain the same, and the content will still place a heavy emphasis on the technical and fundamental analysis… Source link

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Here is why strong post-Merge fundamentals could benefit Ethereum price

The shift of the Ethereum blockchain to a proof-of-stake (PoS) protocol opened new opportunities for developers and investors to explore, including the burning of Ether (ETH). Now, Ethereum transactions are validated through staking rather than mining. Staking impacts the supply and price dynamics of Ether in ways that are different than mining. Staking is expected to create deflationary pressure on Ether, as opposed to mining, which induces inflationary pressure. The increase in the total… Source link

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Here is why strong post-Merge fundamentals could benefit Ethereum price

The shift of the Ethereum (ETH) blockchain to a proof-of-stake (PoS) protocol opened new opportunities for developers and investors to explore, including the burning of Ether. Now, Ethereum PoS transactions are validated through staking rather than mining.  Staking impacts the supply and price dynamics of Ether in ways that are different from mining. Staking is expected to create deflationary pressure on Ether as opposed to mining that induces inflationary pressure. The increase in the total… Source link

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Ethereum Scaling Platform zkSync V2 Goes Live Amid Controversy – CoinDesk

Ethereum Scaling Platform zkSync V2 Goes Live Amid Controversy – CoinDesk

Matter Labs disputed these claims to CoinDesk, however. “We would simply point to the fact that we have shipped our end-to-end prover exactly as defined with public verification and that we have shipped it exactly on schedule as outlined in our public roadmap – milestone 3,” Steve Newcomb, Matter Labs’ chief product officer, told CoinDesk in an interview. Source link

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Google to Launch Cloud-Based Node Engine for Ethereum | Video

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Ethereum price outperforms other L1 networks

Ethereum price outperforms other L1 networks

Ethereum’s (ETH) price performance has outperformed those of other leading layer1 networks in the last seven days, posting returns of over 10% against Bitcoin (BTC), according to data analyzed by CryptoSlate. Source: Glassnode According to the Glassnode data, only Ethereum and Polygon’s MATIC posted positive returns against Bitcoin during the week. Meanwhile, Solana (SOL) briefly saw positive gains during the week before declining, while other layer1 like Binance (BNB), Polkadot (DOT),… Source link

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Does the Reward Outweigh the Risks?

Does the Reward Outweigh the Risks?

InvestorsObserver analysis gives Litecoin a low risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver is… Source link

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Bitcoin price due sub-$20K dip, traders warn amid claim miners ‘capitulating’

Bitcoin price due sub-$20K dip, traders warn amid claim miners ‘capitulating’

Bitcoin (BTC) climbed back to $20,500 at the Oct. 28 Wall Street open as United States equities sought a stronger finish to the week. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bets that $20,000 will fail as support increase Data from Cointelegraph Markets Pro and TradingView showed BTC/USD capitalizing on renewed optimism as markets began trading. The atmosphere was volatile after tech stocks suffered a major out-of-hours rout, with Bitcoin managing to avoid sustaining knock-on… Source link

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ETH Falls Below $1,500 — Market Momentum Remains Bullish – Market Updates Bitcoin News

ETH Falls Below $1,500 — Market Momentum Remains Bullish – Market Updates Bitcoin News

Ethereum dropped below $1,500 on Friday, as cryptocurrency markets fell following earlier gains in the week. Bitcoin was also in the red in today’s session, as the token moved closer to a breakout below $20,000. Overall, the global crypto market cap is down 1.90% as of writing. Bitcoin Bitcoin (BTC) fell lower for a second consecutive day on Friday, as bullish sentiment continued to fade. Following a peak of $21,022 on Wednesday, BTC/USD dropped in back-to-back sessions, with… Source link

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