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Bitcoin and Ethereum Inch Higher, Altcoins Gain Momentum


Bitcoin price remained well bid above the USD 55,000 level. BTC started a fresh increase and traded above the USD 57,000 level before correcting lower. It is currently (11:54 UTC) rising and it might revisit USD 57,000 again. Besides, most major altcoins are also moving higher. ETH could attempt...

ETH Options Open Interest Reaches Record High as ETH/BTC Breaks Out


The aggregated open interest (OI) across exchanges in the ethereum (ETH) options market reached a record high on Wednesday of USD 7.76b, suggesting that more sophisticated traders are positioning themselves for major moves in the second largest cryptocurrency. The USD 7.76b figure was recorded...

Ethereum Developer Calls for the Community to Test the Merge


An Ethereum (ETH) developer has called onto the community to help test the so-called Merge – Ethereum mainnet "merging" with the beacon chain proof-of-stake (PoS) system – and the new program’s start seems to have been a success. “Ethereum needs you to test the Merge,” urged the meme accompanying...

ETH/BTC Ready to Break Higher? Not So Fast, Some Analysts Say


  A much-discussed chart among crypto traders in recent days has been the ethereum (ETH)/bitcoin (BTC) chart, with many claiming it looks primed for a sharp move higher. However, some are still betting on an opposite outcome, with investor demand also indicating stronger appetite...

First Monero and Ethereum Atomic Swap Completed on Arbitrum


The first atomic swap between monero (XMR) and ethereum (ETH) has occurred on Ethereum Layer 2 solution Arbitrum, according to data by Arbitrum blockchain explorer Arbiscan and Monero explorer. Elizabeth Binks, a software engineer at blockchain R&D firm ChainSafe Systems, and contributors have...

Vitalik Buterin Proposes New EIP to Tackle Ethereum’s Sky-High Gas Fees


Ethereum (ETH) co-founder Vitalik Buterin has put forward a new Ethereum Improvement Proposal (EIP) that aims to tackle the network's gas fee problems by adding a limit on the total transaction calldata, which would, in turn, should reduce transaction gas cost.... Read More: Vitalik Buterin...

Bitcoin, Ethereum and Altcoins Nosedive


Bitcoin price failed to settle above the USD 58,500 resistance zone. BTC struggled to continue higher and started a sharp decline below USD 55,000, after stock markets in Asia and US stock futures all pointed lower on fears over a new variant of the coronavirus that is spreading in South Africa....

Rare Axie Infinity Land Changes Hands for USD 2.3M as Metaverse Prices Soar


Another multi-million dollar piece of digital land has changed hands as metaverse virtual real estate prices continue to skyrocket. The latest chunk of virtual property cost its new owners a staggering USD 2.3m worth of ethereum (ETH). The official Axie Infinity site tweeted:... Read More: Rare...

Bitcoin and Ethereum Move Higher, BNB Rallies


Bitcoin price started a steady recovery wave from the USD 55,500 support level. BTC broke the USD 57,500 and USD 58,000 resistance levels. It is currently (11:54 UTC) rising and there are chances of further gains above USD 58,500. Besides, most major altcoins are also moving higher. ETH broke...

Ethereum Gas Fees Highest During US Business Hours, Coin Metrics Finds


Ethereum (ETH) fees are still on the rise, with no day so far in November seeing average transaction fees of less than USD 30. However, the fees vary significantly depending on the time of day transactions are made, opening up opportunities for savings, a new report from on-chain analytics firm...

ConstitutionDAO Will Shut Down, The 'Project Has Run Its Course'


The ConstitutionDAO team has unveiled its plan to close down the group after failing to win the auction for a rare copy of the US Constitution at the auction house Sotheby’s.... Read More: ConstitutionDAO Will Shut Down, The 'Project Has Run Its Course'

Bitcoin and Ethereum Hold Crucial Support, Smaller Altcoins Surge


Bitcoin price is struggling to clear the USD 57,500 and USD 58,000 resistance levels. BTC is currently (11:30 UTC) consolidating near USD 56,000 support. It could either start a steady increase to USD 60,000 or dive below USD 55,500 in the near term.... Read More: Bitcoin and Ethereum Hold Crucial...

Ethereum Fee Debate Heats Up as Avalanche Enters and Exits Top 10


As AVAX, the native token of smart contract platform Avalanche, continued to soar in price over the weekend, a debate on the persistently high fees on the Ethereum (ETH) network is (re)heating up in the cryptoverse. The latest discussion on Ethereum and its fees started when Zhu Su, co-founder...

Bitcoin and Ethereum Struggle To Move Higher, CRO and SAND Rally


Bitcoin price attempted a recovery wave above the USD 60,000 level. However, BTC struggled to clear the USD 60,900 and USD 61,000 levels. It is currently (11:56 UTC) declining, with a risk of more losses below USD 59,500. Similarly, most major altcoins are struggling to start a fresh increase....

Bitcoin and Ethereum Trying Recover, Hurdles Nearby


Bitcoin price found support near the USD 58,500 level. BTC started a recovery wave above the USD 60,000 resistance. It is currently (12:03 PM UTC) trading near USD 60,800, but there are many hurdles on the upside. Similarly, most major altcoins are attempting a recovery wave. ETH is inching...

Bitcoin Testing USD 60K, Ethereum and Altcoins Trying to Recover


Bitcoin price started a strong decline below the USD 62,000 support level. BTC even traded below USD 60,000 to move further into a bearish zone. It is currently (11:20 UTC) trying to recover and is nearing USD 60,300. Similarly, most major altcoins are also trying to recover losses. ETH declined...

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