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“# Ethereum price soars above $3K into ‘red zone’ triggering sell-off fears ” Ethereum’s native asset Ether (ETH) crossed above $3,000 in an extended upside rally on Aug. 7, hitting a three-month high. Nevertheless, the cryptocurrency’s incredible move upside also boosted its possibilities of facing a bearish backlash. An on-chain indicator that tracks the total…
“# Altcoin Roundup: Hodling Ethereum? Here’s how and where to stake your ETH ” The overall feel across the cryptocurrency landscape over the past week has been one of bubbling anticipation, with the Ethereum network finally undergoing its London hard fork, which includes reforms to the transaction fee market, thanks to EIP-1559. London is the…
“# Price analysis 8/6: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LINK ” Bitcoin (BTC) has staged a smart recovery in the past few days and the interest in the crypto sector seems to be picking up. JPMorgan Chase has added access to a new Bitcoin fund created by New York Digital Investment…
“# Bitcoin and Ethereum hit resistance with $42.5K flip needed for BTC longs ” Bitcoin (BTC) and Ether (ETH) are due a “huge” move but short-term signals suggest a correction, an analyst warned Aug. 6. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Buy into resistance? “Not interested” Data from Cointelegraph Markets Pro and TradingView showed both…
“# London is live and Ethereum bulls control Friday’s $357M ETH options expiry ” Ether (ETH) price rallied 50% leading in the London hardfork because many investors expect the upgrade to solve the issue of high transaction fees and make the altcoin a deflationary asset. Pantera Capital CEO Dan Morehead has predicted that the upcoming…
“# Fresh Bitcoin ETF hopes back BTC’s swift rally above $40,000 ” Crypto investors are seeing gains in Ether (ETH) and Bitcoin (BTC) today after the successful launch of Ethereum’s London hard fork and a series of new Bitcoin ETF filings resulted in a rally that propelled BTC price 9% higher and Ether gained 11.75% which brings…
“# Ethereum approaches $3K resistance as Bitcoin price rebounds toward $40K ” Ethereum’s Ether token (ETH) enjoyed a “massive” rebound towards $3,000 on Aug. 5 as optimism flowed in after its London hard fork went live. ETH/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed ETH/USD climbing swiftly to local…
“# Ethereum London hard fork goes live ” The London hard fork arrived almost on schedule at 12:33 pm UTC on Thursday at block height 12,965,000, ushering in the Ethereum Improvement Proposal (EIP) 1559. With the upgrade triggered, Ethereum will now undergo a significant overhaul of the network’s transaction fee market and other parameters such as…
“# Price analysis 8/2: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LINK ” Bitcoin (BTC) dropped back below $39,000 on Aug. 2, suggesting that short-term traders were booking profits after the price failed to close above $42,451.67. However, lower levels could again attract buying as seen in late July. Data from Santiment showed…
“# 3 reasons why Ethereum can hit $3K in the short term despite overvaluation risks ” Ethereum’s native asset Ether (ETH) dropped after reclaiming its two-month high in the previous session, suggesting that its recent bullish rally was nearing exhaustion. In detail, the ETH/USD pair topped out at $2,699 on Sunday for the first time…