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Ethereum outlook: The influence of macroeconomic factors
11.7.2023
Despite being an independent asset category, cryptocurrencies are not independent of the trends in the global economy. These digital assets also fall prey to the ever-changing macroeconomic factors. As cryptocurrencies become mainstream, they become more prone to price shifts due to economic...
Ether options soar: CME hits record open interest
3.7.2023
A significant event has occurred in the cryptocurrency market: open interest in the CME’s ether options market has increased dramatically, establishing a new record. This milestone demonstrates that traders and investors are paying more attention to and engaging in ether options trading....
Vitalik Buterin argues against overloading Ethereum’s consensus
22.5.2023
Vitalik Buterin has come out to say that there is no need to overload the Ethereum consensus, which is already regarded as the most secure crypto-economic system globally. It houses validators with over 18 million ETH in total. This roughly translates to $34 billion in monetary value. Ethereum...
The number of Ethereum sharks and whales increases
28.4.2023
Ethereum briefly touched the mark of $2,104.54 on April 18, 2023. This made the digital token one of the biggest hits in recent times. However, there is another kind of momentum gaining traction within the community. The reports show that the number of Ethereum sharks and whales is rising despite...
Ethereum Shapella goes live on mainnet
13.4.2023
It has been a while since Ethereum’s The Merge went live. Ethereum is now back with the second major upgrade – Shapella -and it has important benefits to offer to the community of developers and users. To start with, Ethereum Shapella optimizes the cost for certain transactions. While details...
Ethereum Shanghai Upgrade: Is it a key to ETH’s huge success?
29.3.2023
Key Takeaways The Shanghai Hard Fork upgrade is scheduled for April 2023. Currently, Ethereum is trending around $1750, up more than 45% from January 2023. The Shanghai fork is a highly anticipated upgrade because ETH holders have been waiting for the last two years before they can unlock their...
Ethereum price claims for $1.8K mark: Will ETH win?
3.2.2023
Ethereum is a leading decentralized blockchain platform with many use cases, so crypto enthusiasts are curious about the future potential of ETH. At the time of writing, ETH was facing a resistance of around $1650. Overall, it has been consolidating between $1K and $2K. Is it the right time...
Ethereum continues the uptrend: Is it an open road for $2K?
23.1.2023
Ethereum is the leading cryptocurrency in the industry, and it became even more popular after the Merge upgrade in 2022. Ethereum is a sustainable and eco-friendly cryptocurrency. That is why many investors are curious about the future potential of ETH. At the time of writing this post, ETH...
Ethereum (ETH) surges above 200 EMA to hover near $1.5K!
16.1.2023
Ethereum is the second-largest cryptocurrency by market capitalization, and its dominance in the market is due to its versatility and potential as a platform. The Ethereum blockchain allows developers to create their tokens representing anything from a digital asset to a utility or a physical...
Ethereum (ETH) turns bullish with no red candles recently!
12.1.2023
Ethereum is currently the leading platform for the deployment of smart contracts. Its use of a Turing-complete programming language, Solidity, allows developers to create complex smart contracts and its large and active developer community. Additionally, Ethereum’s decentralized nature...
Ethereum fails to make any impressive move in 2023 so far!
9.1.2023
Ethereum was officially launched on July 30, 2015, with the release of its first live mainnet, Frontier. Since then, it has grown to become one of the largest and most widely used blockchain platforms, with a global network of users and developers. Ethereum allows developers to build and deploy...
Ethereum (ETH) continues consolidation and trades near $1.2K!
26.12.2022
Ethereum blockchain has again shut the competitors out of their advantage of the Proof of Stake validation protocol. Ethereum’s new game plan shifted towards holding its market position and projecting itself as a viable and capable blockchain for handling new challenges in transaction...
Ethereum attempts to overcome selling: What’s next for ETH?
21.12.2022
Ethereum brings the idea of change and the change-making potential of its progressive blockchain. The movement for its blockchain cryptocurrency ETH might have taken a back seat in 2022, but the outlook compared to its competitors, such as SOL, ADA, and others, is pure gold. Transition validation...
Ethereum strongly holds the support of $1200: What’s Next?
9.12.2022
Ethereum has been in the news this year because of its Merge upgrade. Crypto enthusiasts expect a rally because Ethereum has become the leading energy-efficient decentralized network that runs on a proof of stake consensus with a wide range of use cases. Only a few cryptocurrencies are less...
Ethereum initiates recovery, but sellers still await profit booking
6.12.2022
Despite maintaining a dominant stance in a smart contract and supporting the decentralized application, Ethereum has gained several competitors eyeing for better market position. The latest market value of $154 billion remains a mountain to be breached by low-value projects. Crypto projects...
Ethereum (ETH) tends to retest the support of $1075
29.11.2022
Ethereum is considered a benchmark for the market movement after BTC to ascertain whether it’s a good time to enter into cryptocurrencies or not. The volatile price action in ETH charts showcases a complex road ahead in the prospects. While smart contacts and the use of blockchain are on...
Ethereum Foundation evaluates withdrawal of ETH staked
24.11.2022
The JavaScript team of the Ethereum Foundation has officially declared that, at the present moment, they are gradually and effectively moving in the direction of making it possible and feasible to make Beacon Chain withdrawals, in the case of staked ETH. In order to capably complete the required...
Ethereum loses 30% this month: Has ETH crashed?
23.11.2022
Ethereum managed to woo holders by showcasing a growing ecosystem after its shift to Proof of Stake, but in reality, this step just hindered the 100% decentralized ecosystem of ETH and made it more controllable. With higher stakers under control, the price and even hash rate for ETH can...
Will Ethereum (ETH) break the long-term support of $1000?
21.11.2022
Ethereum is the second largest cryptocurrency, and it has become even more popular after the merge upgrade because it runs on Proof of Stake consensus, which is energy-efficient and sustainable for the long term. Ethereum has wide use cases, so ETH as an asset will provide long-term capital...
Can Ethereum (ETH) recover before the end of this year?
14.11.2022
FTX, the third leading crypto exchange, faced a liquidity crisis. Since then, cryptocurrencies have been in a bloodbath because many retail investors are seeking an emergency exit due to the lack of sustainability of cryptocurrencies in the long term. After the news, Binance announced taking...