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Ethereum’s Hashrate Taps an All-Time High as Miners Race to Mint ETH Before The Merge
9.4.2022
While the Ethereum community is getting prepared for The Merge and the protocol’s transition to a full proof-of-stake (PoS) system, the network’s hashrate reached an all-time high (ATH) on April 7, 2022. On Thursday, Ethereum’s hashrate reached a high of 1.131 petahash...
Bitcoin, Ethereum Technical Analysis: Bitcoin Trades Near Key Support Level to Start the Weekend
9.4.2022
Bitcoin has been trading near its key support level, and the price of ETH was also lower to start the weekend, falling below $3,200 in the process. Bitcoin Cryptocurrency markets were down by over 2% on Saturday, with BTC falling by the same amount to start the weekend. On Saturday, BTC/USD...
How to Hedge Your NFT Collection With Ethereum Derivatives
9.4.2022
The majority of the non-fungible token (NFT) market resides on Ethereum (ETH), tying the performance of the NFT market – to a degree – to the value of ether as most NFTs are priced in ETH.
Therefore, NFT collectors who are concerned about a potential market downturn could hedge the value...
Pro traders turn into bears after Ethereum price dropped to $3,200
8.4.2022
Regulatory uncertainty, potential competition from tech giants and a market nearing exhaustion are all factors impacting ETH price
When Bitcoin Meets Inflation
8.4.2022
Alice Liu, Senior Associate, Cryptocurrency Investments at exchange-traded fund and exchange-traded product sponsor WisdomTree.
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Read More: When Bitcoin Meets Inflation
Bank of America Strategist Warns ‘Recession Shock’ Is Coming, Analyst Says Crypto Could Outperform Bonds
8.4.2022
On Friday, Bank of America’s (BOFA) chief investment strategist Michael Hartnett explained in a weekly financial note to clients that the U.S. economy could head into a recession. The BOFA strategist’s note further detailed that cryptocurrencies could outperform bonds and stocks. BOFA...
Ethereum Rollup Arbitrum Releases Major Update
8.4.2022
The update will halve fees, increase transaction speed, and make it easier for Ethereum Virtual Machine-compatible apps to build on Arbitrum
Price analysis 4/8: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE
8.4.2022
The strength in the U.S. dollar may keep Bitcoin and select altcoins under pressure in the short term
Bitcoin, Ethereum Technical Analysis: ETH Marginally Higher as BTC Consolidates on Friday
8.4.2022
ETH was marginally higher during Friday’s session, as it moved away from its recent support level around $3,145. BTC on the other hand mostly consolidated today, as prices mainly traded close to the $43,000 region. Bitcoin Friday saw BTC fall for a fourth straight session, as prices...
Ethereum Gas Usage Rose in March as Ether Ran to $3.5K
8.4.2022
ERC20 token generation in March was 125% above February's levels, even as developers continue to build new projects on other blockchains
Bitcoin and Ethereum Fluctuate, NEAR Pauses
8.4.2022
Bitcoin price is trading in a range above the USD 43,000 level. BTC is currently (11:55 UTC) moving below USD 43,500 while a move above USD 44,000 is a must for a decent increase. BTC is now down almost 1% in a day.
Besides, most major altcoins are consolidating. ETH tested the USD 3,300...
Bitcoin Lags Behind Ethereum & Altcoins Despite Strike, Robinhood, and Legal Tender News
8.4.2022
The bitcoin (BTC) price lagged behind ethereum (ETH) and other major altcoins today, despite a series of bullish news announcements coming from the Bitcoin 2022 conference in Miami, USA.
At 09:50 UTC on Friday, BTC stood at USD 43,644, up just 0.6% for the past 24 hours and down 4% for the past...
Bitcoin and Ethereum Try to Recover, ETC and NEAR Rally
8.4.2022
Bitcoin price formed a base above the USD 43,000 level and moved above USD 43,500. It is currently (04:05 UTC) trading in a range near USD 43,600, with a key breakout zone near the USD 44,000 level.
Besides, most major altcoins are attempting a recovery wave. ETH must clear the USD 3,300...
NFT Market Shows Signs of Maturing as Sales Expand Beyond Ethereum
7.4.2022
Between January and March 2022, non-fungible token (NFT) trading volumes cooled down from a hot January start, but the number of trades increased significantly in networks outside Ethereum (ETH) -- indicating an expanding NFT market with broadening adoption across the ecosystem, according to...
Vitalik Buterin quietly donates $5M ETH to aid Ukraine as total tracked crypto donations reach $133M
7.4.2022
No official public announcement was made regarding the large sum donation
Biggest Movers: ETC Biggest Gainer in Top 30 on Thursday, ZEC Also Rises
7.4.2022
Ethereum classic was easily the biggest gainer in the top 30 on Thursday, as the global crypto market was trading 0.9% lower as of writing. ZEC was also higher on the day, in what was a choppy session, as volatility remained higher, following a recent decline in prices. Ethereum Classic (ETC)...
‘People should invest in all of the major layer-1s,’ says a veteran trader
7.4.2022
Veteran trader Scott Melker breaks down his crypto portfolio and explains why layer-1 protocols should play a central role in everyone’s investment strategy
Bitcoin, Ethereum Technical Analysis: ETH, BTC Both Near 2-Week Lows Following Recent Declines
7.4.2022
BTC and ETH were once again lower during today’s trading session, as both were trading close to two-week lows. Bitcoin dropped below $43,000 for the first time since March 24, while ETH hit a bottom near $3,100 on Thursday. Bitcoin Bitcoin continued trading lower on Thursday, as...
Positive News for Two Biggest Cryptos: Hope Sparked for Spot BTC ETFs; Goldman Sachs' ETH-Based Options Contracts
7.4.2022
There's some positive news for the two biggest cryptoassets in the world. The approval of a new bitcoin (BTC) futures-backed exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC) has again sparked hope that a spot-based bitcoin ETF could come next. Meanwhile, investment...
Bitcoin and Ethereum Trim Losses But Recovery Could Face Hurdles
7.4.2022
Bitcoin price spiked below the USD 43,000 level before recovering. BTC is currently (11:46 UTC) consolidating near USD 48,000 level. If there is an upside correction, the price could face resistance near USD 44,000.
Similarly, most major altcoins might struggle to recover losses. ETH might face...