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Bitcoin, Ethereum Technical Analysis: ETH Surges, Following Latest Jobs Report
2.9.2022
Ethereum was back above $1,600 on Friday, as markets reacted to the latest nonfarm payrolls (NFP) report. Figures released today showed that 315,000 jobs were added to the U.S. economy, better than the 300,000 expected. Bitcoin was marginally higher, as the token continued to trade above $20,000....
Bitcoin and Ethereum Still Consolidate, 1INCH and DCR Outperform
2.9.2022
Bitcoin price remained in a range above the USD 19,500 support zone. BTC is currently (11:11 UTC) trading near USD 20,070 and is almost unchanged in a day and down 7% in a week.
Similarly, most major altcoins are also looking for direction. ETH is still trying to move above USD 1,600 while...
Vitalik Buterin Says His Influence Over Ethereum Decreases as Network Nears the Merge
2.9.2022
With Ethereum (ETH) advancing toward the Merge, the blockchain’s co-founder Vitalik Buterin reiterates that his influence over the network has been decreasing over the past two years, as many new developers are taking over multiple roles....
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Bitcoin and Ethereum Still Range-Bound, EOS and CEL Surge
2.9.2022
Bitcoin price remained capped below the USD 20,500 resistance. BTC corrected below USD 20,000, but the bulls were active above the USD 19,500 support. It is currently (03:50 UTC) trading near USD 20,160 and is up almost 1% in a day and down 7% in a week.
Similarly, most major altcoins are facing...
As Ethereum Options Open Interest Remains High, Brace for Volatility Ahead of Merge
1.9.2022
After a large increase in the open interest (OI) in ethereum (ETH) options contracts over the course of July and the first half of August, warnings have emerged that traders should brace for increased volatility in the nearest term.
Increased volatility will be on the horizon as options traders...
Ethereum Classic Hashrate Taps Another All-Time High, ETH Hashpower Remains Unchanged
1.9.2022
On August 31, 2022, Ethereum Classic’s hashrate reached another all-time high (ATH) this year at block height 15,850,811. Ethereum Classic’s global hashpower surpassed the 40 terahash per second (TH/s) region on Wednesday. Despite the fact that the network’s hashrate has risen...
US dollar smashes yet another 20-year high as Bitcoin price sags 2.7%
1.9.2022
There seems to be no stopping the greenback as risk assets, including Bitcoin, pay the price for renewed strength
How Could VertoChain Be the Next Ethereum and Solana?
1.9.2022
Decentralized Finance (DeFi) is an upgrade to the traditional banking system. Traditional banking has several shortcomings regarding how money is managed and services are delivered. Blockchain technology’s emergence paved the way for the masses to democratize financial power. Overall, over...
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $20K Ahead of Friday’s NFP Report
1.9.2022
Bitcoin once again slipped below $20,000, as market uncertainty rose ahead of Friday’s Non-farm payrolls report. Tomorrow’s payrolls are expected to come in at 300,000 jobs, which is lower than July’s 528,000 figure. Ethereum also declined, as the price moved away from...
Potential Ethereum Hard Fork Token ETHPOW Could Trade Around 1.5% of Ether Price, Futures Suggest
1.9.2022
"We can infer how much the market estimates ETHPOW will be worth from simply looking at spot-future basis," one firm said
Bitcoin and Ethereum Fluctuate, EOS and CEL Accelerate
1.9.2022
Bitcoin price started a downward move after it failed to surpass USD 20,500. BTC declined below USD 20,000 again before recovering some of its losses. BTC is currently (11:48 UTC) trading near USD 20,000 and is down almost 2% in a day and 7% in a week.
Similarly, most major altcoins struggled...
Coin Race: Top Winners/Losers of August; BNB and Ethereum Most Resilient as Top Coins Bleed
1.9.2022
August is over, and fall is upon us, but the crypto market remains as difficult as ever to navigate. As we always do when a month has ended, let’s take a look in the rearview mirror to see how the crypto market has performed over the past month....
Read More: Coin Race: Top Winners/Losers...
US Inches Towards Bitcoin & Ethereum Accounting Clarity, Leaving NFTs and Stablecoins for Later
1.9.2022
In a bid to develop transparent accounting rules for digital assets, the US Financial Accounting Standards Board (FASB) has revealed what assets the industry body will include in its crypto rule-making project, leaving NFTs and certain stablecoins outside its scope....
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L2 Scaling Solution Arbitrum Deploys Nitro Rollup Stack Migration
1.9.2022
The layer two (L2) scaling solution Arbitrum revealed on Wednesday that the team has implemented the project’s Nitro rollup stack migration. Earlier this month, Arbitrum developers noted that the Nitro migration would reduce network fees and improve throughput. Arbitrum Developers Implement...
Ethereum Merge and the hefty tax bill you could be in for
1.9.2022
The Ethereum Merge may constitute a taxable event if it results in a chain-splitting hard fork, tax experts warn
CoinGecko reveals the US state most interested in Bitcoin and Ethereum
1.9.2022
Behind this western U.S. state, Illinois and New York were the next states most interested in the two major cryptocurrencies
Bitcoin and Ethereum Struggle to Move Higher, LEO Accelerates
1.9.2022
Bitcoin price again failed to gain pace for a move above the USD 20,500 resistance and corrected lower. It is currently (03:52 UTC) consolidating near USD 20,100 and is down almost 2% in a day and 6% in a week.
Similarly, most major altcoins are also moving lower. ETH failed above USD 1,600...
Bitcoin holds $20K, but analysts say BTC open interest leaves room for ‘more deleveraging’
31.8.2022
BTC trades in the lower-end of its 76-day range, but analysts say future Fed actions and record-high open interest increase the possibility of future “deleveraging events.”
Analysts Advise Ethereum Users to Avoid Transacting on Merge Day, Outline Numerous Risks
31.8.2022
With Ethereum’s (ETH) Merge nearing, risks that the event could bring are increasingly being discussed, with crypto researcher Coin Metrics pointing to price discrepancies in DeFi protocols as one obvious danger, and advising users to refrain from transacting at all on the day of the Merge.
In...
Price analysis 8/31: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
31.8.2022
Bitcoin’s technical setup leans toward additional downside, leading some traders to exit altcoins which are struggling at overhead resistance levels