Search
Bitcoin pulls up as Ethereum stalls for a while
27.2.2024
Ethereum has been stalled for a while at the value of $3,261.86. It manages to stick to the current resistance of $3,200. However, it comes at a time when Bitcoin is pulling its value to a higher mark. Currently exchanging hands at $56,562.29, BTC is poised to test the resistance of $60,000 soon....
ETC Group Launches Ethereum-Tracking ETP on Deutsche Börse Xetra
27.2.2024
ETC Group, a prominent provider of digital asset-backed securities, has expanded its cryptocurrency product range by introducing an Ethereum (ETH) staking exchange-traded product (ETP).
The post ETC Group Launches Ethereum-Tracking ETP on Deutsche Börse Xetra appeared first on Cryptonews
Ethereum Technical Analysis: Upper Resistance Tussle Puts Bulls on Pause
26.2.2024
Ethereum’s price movement on Feb. 26, 2024, showcases a strong uptrend despite recent market volatility. With the second leading crypto asset’s price hovering around $3,064, it reflects a significant surge over the past month. At press time, market oscillators and moving averages...
Ethereum Price Prediction as ETH Surpasses $3,000 Resistance – What’s the Next Target?
26.2.2024
The world’s second-biggest cryptocurrency by market capitalization, Ethereum (ETH), is holding the fort above $3,000 after crossing this psychologically important threshold yesterday afternoon, according to data by CoinGecko. Due to its high-functionality contracts, Ethereum is crypto’s...
Ethereum navigating the market amid growing competition
26.2.2024
Grayscale Research sees a bright future for Ethereum; however, it is filled with challenges and is subject to the way in which it navigates its way around the competition. For instance, Solana and Tron are doing better when it comes to daily transactions. But Ethereum grabs the spotlight in terms...
Cardano Price Prediction as ADA Takes a Tumble – Where is the Next ADA Support?
23.2.2024
Cardano (ADA) has shed 3% overnight to trade at $0.5832 as of this writing. The coin’s depreciation is part of a broader market pullback that has shaved 1% off market leader Bitcoin (BTC) and 2% from its closest contender, Ethereum (ETH), in the last 24 hours. Cardano may be dipping this...
Micro-earn your way to ETH: Smart strategies for faucet users
23.2.2024
A crypto faucet is an online platform that dispenses small amounts of free cryptocurrency as a reward for completing simple tasks. Several popular faucets provide an opportunity to micro-earn tiny fractions of ETH (Ethereum native cryptocurrency) over time. Faucets act as a promotional tool...
Investor challenges Ethereum’s valuation amid declining usage and rising alternatives
22.2.2024
Ethereum is inching closer to the milestone of $3,000 as the article is being drafted. It is poised to soon set a new support level of $3,200, probably by the end of this year. However, one crypto investor pointed out that Ether is currently overvalued. Fred Krueger even said that the supporters...
Ethereum Taps $3,000 Barrier Amid ETF Speculation and Upcoming Dencun Upgrade
20.2.2024
The value of ethereum, the crypto market’s second-largest asset by market cap, eclipsed the $3,000 milestone on Tuesday, peaking at $3,014 per unit in the morning trading hours. Over the last week, ether has seen a 13.1% climb against the U.S. dollar, and over the preceding two weeks, it...
Ethereum competing with Bitcoin: A story to watch out for!
20.2.2024
Bitcoin is trading around $52,000 at the time of writing this article. The moment the US SEC approved its Spot ETF applications, the price increased. That cannot be mixed with the fact that the graph had no downfalls. The optimism of BTC holders about its price remains constant, especially with...
Ethereum Likely The Only Spot Crypto ETF To Be Approved After Bitcoin: Bernstein
19.2.2024
Wealth management firm Bernstein suggested Ethereum (ETH) may be the only digital asset after Bitcoin (BTC) to secure a spot ETF.
The post Ethereum Likely The Only Spot Crypto ETF To Be Approved After Bitcoin: Bernstein appeared first on Cryptonews
Ethereum Technical Analysis: ETH Highlights Resilience Across Several Timeframes
19.2.2024
Ethereum started Monday with its price hitting $2,934 per unit, marking a week filled with a strong 14.9% increase. Over the preceding fortnight, the second-leading crypto asset by market cap witnessed a substantial 25.9% upswing. Kicking off this week, ether’s trading volume over the past...
Microstrategy’s Bitcoin Investment Flourishes, Valued at Nearly $10 Billion
16.2.2024
Based on the latest available data, the Nasdaq-traded Microstrategy possesses 190,000 bitcoins, acquired at a cost of $5.96 billion. Presently, the value of the company’s bitcoin holdings has swelled to $9.88 billion. This marks a 66% increase in the firm’s bitcoin portfolio, a stark...
51% Attacks on Bitcoin and Ethereum Networks Are Not Possible Due to Impractical Costs: Coin Metrics
16.2.2024
It is no longer viable for nation-states to destroy the Bitcoin (BTC) and Ethereum (ETH) networks through 51% attacks. According to the latest research from crypto intelligence firm Coin Metrics, the astronomical costs required to carry out such attacks make them impractical and unprofitable. A...
Gensler Hesitates on Ethereum ETFs, Cites Court Loss as Reason for Bitcoin ETF Approval
15.2.2024
Securities and Exchange Commission (SEC) Chair Gary Gensler has remained tight-lipped regarding spot Ethereum (ETH) exchange-traded funds (ETFs). When questioned about the possibility of a decision and the timeline for approval, Gensler said that the process would follow the same approach...
Ethereum Developers Create 'DN-404' Tokens After ERC-404s Send Network Fees Surging
13.2.2024
The new token type claims to solve some of the drawbacks with ERC-404s, an experimental standard that launched last week – to such popularity that it's already driven up congestion on the Ethereum blockchain
Emerging crypto priced at $0.11 captures the attention of top Solana (SOL) and Ethereum (ETH) whales in February 2024
13.2.2024
  New opportunities consistently surface in the constantly changing world of cryptocurrency investing, drawing interest from both experienced investors and novices. One of these opportunities that has recently surfaced in 2024 is Retik Finance—a potential initiative valued at just $0.11, which...
Ethereum Co-Founder Vitalik Buterin on Tackling Deepfake AI Risks: ‘Ask Security Questions’
12.2.2024
Vitalik Buterin, a co-founder of the cryptocurrency project Ethereum, has raised an alert on using deepfakes, videos created using artificial intelligence (AI) to try to impersonate human beings, to persuade others about making financial transactions. For Buterin, the issue is not only...
Ethereum Technical Analysis: Sideways Movement as ETH Eyes Break Above $2,500
12.2.2024
With its price positioned at $2,485, ethereum’s daily fluctuations have ranged from $2,309 to $2,541, highlighting a market that is both dynamic and erratic. The current market capitalization of ether is approximately $299.25 billion, and in the last 24 hours, ethereum has seen a global...
Ethereum Validator Queue Reaches Highest Level Since October Amid Renewed Interest in Staking
12.2.2024
The Ethereum network is experiencing a surge in the number of validators seeking to stake their Ethereum (ETH). According to data source ValidatorQueue, the validator entry queue currently stands at 7,045, representing over 225,000 Ether (equivalent to $562 million), its highest level since October...