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Ethereum is slowly moving lower below $1,900 against the US Dollar. ETH must stay above $1,850 to avoid more losses in the near term. Ethereum started a downside correction below the $1,920 level. The price is now trading below $1,920 and the 100 hourly simple moving average. There is a key declining channel forming with resistance near $1,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to decline if it stays below $1,900 and $1,950. Ethereum Price Faces… Source link

Bitcoin has been experiencing a change in holding maturity among owners in recent months. This is further reflected in a significant transfer of wealth with long-term holders capitulating their holdings. A subsequent accumulation has taken place which puts Bitcoin in the hand of low-cost basis owners. A tale about Bitcoin Following the Luna collapse in May there has been a significant changing pattern among long-term holders (LTH). LTH supply has been range bound between… Source link

Ethereum price has retraced over the past few days, in the last 24 hours the coin depreciated 2%. The current price action pointed towards consolidation. In the past trading sessions, ETH has retraced beneath the $1,900 price mark. Continued consolidation for Ethereum has now pushed Ethereum price close to $1,800. In case the king altcoin is unable to break past the $1,800 level, it would be targeting the next support level for the coin. Technical outlook had turned bearish as the coin was… Source link

Ethereum‘s upcoming Merge might just turn out to be the most anticipated event in crypto ever. Enthusiasts from the Ethereum community as well as other networks have showcased interests in the same. But the question is- can the reality meet the expectations? Betting on you  Cryptocurrency traders’ enthusiasm seems to be turning towards the north after a series of corrections. That is to say, traders’ enthusiasm to sell has subsided, especially as BTC and ETH noted… Source link

Ethereum‘s upcoming Merge might just turn out to be the most anticipated event in crypto ever. Enthusiasts from the Ethereum community as well as other networks have showcased interests in the same. But the question is- can the reality meet the expectations? Betting on you  Cryptocurrency traders’ enthusiasm seems to be turning towards the north after a series of corrections. That is to say, traders’ enthusiasm to sell has subsided, especially as BTC and ETH noted… Source link

Back and forth— that has been the momentum of Bitcoin [BTC] since it hit $25,000 on 15 August. While investors may have hoped for a further uptick, it has not been the case that BTC consolidated around the $23,800 support level. Earlier, there had been talks of BTC showing bearish momentum as these projections emerged from unsurprising corners. Economist and extroverted Bitcoin revolter Peter Schiff stated that the number one cryptocurrency was on its way to the ruins…. Source link

Ethereum Classic saw more than a 100% increase in total value locked (TVL) due to the pouring of more liquidity into the project in anticipation of the Ethereum Merge. Ethereum Classic (ETC) has been one of the best-performing cryptocurrencies in the last two months.  The blockchain increased by 158% in TVL in July. On July 1, TVL was $93,213 and rose to $241,388 on July 31, according to Be[In]Crypto Researched based on data from DeFiLlama.  Source: Ethereum Classic TVL Chart by… Source link

In around a month, Ethereum will transition from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus. This event was dubbed “The Merge”, tentatively set for September 15 to 16, and will complete a 6-year journey into the new consensus algorithm and blockchain. Users, exchange platforms, miners, and developers are gearing up for the event. Major crypto exchange platform Coinbase recently announced their measures ahead of the Ethereum “Merge” via an… Source link

Ethereum rallying is a sign of prosperity for pretty much every altcoin. But what if that signal fails to sustain and takes a trip back down? That is the issue with Ethereum right now. Despite forming a two-month high last week, it is now looking at a possible downtrend. Ethereum to $2k? A little over 48 hours ago, Ethereum was at its pre-June crash levels after successfully hitting the $2000 mark. It was expected of the king altcoin to continue doing its upwards journey. But… Source link

Key Takeaways Monero has deployed a non-contentious hardfork to enhance privacy features. XMR saw its price increase by 6.5% following the network upgrade.  The token has yet to overcome resistance to trigger a bullish breakout.  Share this article Monero went through a network upgrade this weekend to boost its privacy and security features. Investors appear to have welcomed the news, as XMR saw a 6.5% price increase over the past few hours. Monero Enhances Privacy Features Popular… Source link