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ETH 'Insanely Cheap,' DeFi To Rally, BTC Dominance to Drop - Pantera Capital CIO
11.2.2021
Source: iStock/Duncan_Andison
Even after its recent strong rally, the second-largest cryptoasset by market capitalization, ethereum (ETH) is "insanely cheap" and can still rally 5-10x, while bitcoin (BTC) dominance willl go down due to ETH and DeFi assets, according to Joey Krug, Co-chief...
Crazy Bitcoin and Ethereum Fees Dampen Rally, Help Competitors
10.2.2021
Source: Adobe/Dušan Zidar
Bitcoin (BTC) and ethereum (ETH) transaction fees have spiked by 89% and 260% in the past month, as growing demand for BTC and ETH has overburdened both blockchains with unprecedented traffic. Moreover, Ethereum’s issues are seemingly boosting its competitors.
Bitcoin’s...
Bitcoin and Ethereum Correct Gains, Altcoins Remain Elevated
9.2.2021
Bitcoin price extended its rally above the USD 45,000 and USD 46,500 resistance levels. BTC even surpassed USD 48,000 briefly, hitting its new all-time high. It is currently (12:45 UTC) correcting gains and trading well below USD 46,500.
Similarly, ethereum climbed above USD 1,800, traded to a...
Industry Players Weigh In As CME Group’s Ethereum Futures Go Live
8.2.2021
The CME Group’s ethereum (ETH) futures offering has gone live, meeting a 6pm Eastern Time (UTC 11am) target – and marking a historic first for the second-largest cryptoasset by market capitalization.
The major derivatives exchange said that its liquidity backers for the financially settled...
Bitcoin and Ethereum Eye Fresh Rally, Altcoins Extend Gains
5.2.2021
Bitcoin price is currently (12:55 PM UTC) trading above USD 38,000 and if the bulls succeed to keep this level, the price could surge towards the USD 40,000 level.
Besides, most major altcoins might continue moving higher. XRP/USD remains elevated and it might move above USD 0.450. ETH/USD...
Grayscale Ethereum Inflows Up Again, Firm Calls ETH Valuation Methods 'Opaque'
4.2.2021
Source: iStock/Ivan-balvan
Major US-based crypto investment company Grayscale's ethereum (ETH) inflows increased yesterday, while the firm claims the methodology for valuing this asset "is opaque and changing."
Grayscale Ethereum Trust (GETH) got 'fatter' by another batch of the world's...
Grayscale Ethereum Inflows Surpassed BTC Inflows Yesterday As CME Futures Near
3.2.2021
Major US-based crypto investment company Grayscale saw yesterday ethereum (ETH) inflows surpass those of bitcoin (BTC).
At the end of January, the company stated that its Grayscale Ethereum Trust (GETH), previously closed "for administrative purposes," has been reopened as it resumed...
Ethereum Hits New ATH, Bitcoin Above USD 36K, Altcoins Still Attractive
3.2.2021
Bitcoin price gained strength and it was able to clear the key USD 35,000 resistance level. It opened the doors for more upsides and BTC even cleared the USD 36,000 resistance. It is currently (05:00 UTC) up almost 8%, with immediate hurdles near USD 37,000 and USD 37,200.
Similarly, most major...
Ethereum Begins Discovering Its New All-Time Highs Against USD
2.2.2021
Source: Adobe/AA+W
Today, the second largest cryptosset by market capitalization, ethereum (ETH), surpassed its previous all-time high, set in January, as it inches closer to the USD 1,500 level.
At pixel time (17:07 UTC), ETH trades at almost USD 1,488 and is up by 14% in a day and 12% in a week....
Ethereum Eyes New ATH, Bitcoin and Altcoins Gain Traction
2.2.2021
Bitcoin price broke the USD 34,500 resistance level to move into a positive zone. BTC even spiked above USD 35,000 and it is currently (13:00 UTC) trading in a bullish territory. If there is a daily close above USD 35,000, there are chances of a steady rise in the near term.
Similarly, most major...
Grayscale Ethereum Trust Reopens, Bitcoin Fund 'Over 99% Invested' + More News
1.2.2021
Source: Adobe/happy_e
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investing news
Major crypto asset management firm Grayscale stated that its Grayscale Ethereum Trust is now open again as...
Bitcoin Jumps To Almost USD 38K, Ethereum, Altcoins Try To Follow
29.1.2021
Bitcoin price surged 20% after Elon Musk updated his Twitter bio with #Bitcoin. BTC broke the main USD 35,000 resistance and even climbed towards USD 38,000. It is currently (12:30 UTC) holding gains above USD 36,000 and it might soon revisit the USD 38,000 resistance.
Most major altcoins...
ETH Prices Barely Budge Despite Ethereum Foundation’s Reddit Deal
28.1.2021
Ethereum (ETH) prices have continued to bump along without any real momentum in either direction, with the market seemingly unmoved by news of social media giant Reddit’s latest deal with the Ethereum Foundation.
At the time of writing (09:21 UTC), ETH trades at USD 1,270 and is up by 1% in a...
Ethereum Needs To Clean Its Value Proposition - Coinbase
26.1.2021
While ethereum (ETH) outperformed and was more volatile than bitcoin (BTC) in 2020, and as decentralized finance (DeFi) is expected to expand it further, the ETH community still needs to try harder in clarifying the Ethereum narrative, according to major crypto exchange Coinbase.
Ethereum's...
Ethereum Eyes USD 1,500, Altcoins Gain, Bitcoin Stable
25.1.2021
Bitcoin price seems to be forming a base above the USD 32,000 level. BTC recovered above the USD 32,500 and USD 32,800 resistance levels. It is currently (05:00 UTC) trading above USD 33,000 and it seems like the bulls might test the USD 34,000 or USD 34,200 levels.
Conversely, most major altcoins...
Ethereans Write Rebuttals, While Still Closed Grayscale Ethereum Trust Shrinks
22.1.2021
Ethereans have been hard at work providing rebuttals to recent Ethereum (ETH) critique, while ETH is slowly flowing out of major US-based digital asset manager Grayscale Investments' trust that is still closed.
Many in the ETH camp have joined hands to provide counterarguments to an analysis...
Ethereum's Upgrade Runs Into an Obstacle as Some Miners Try To Stop It
22.1.2021
The long-awaited Ethereum (ETH) improvement proposal (EIP) 1559 has run into its adversaries as a number of Ethereum miners banded together to prevent its implementation. It's not yet clear, however, where the two of the largest pools stand on this issue.
Nine mostly smaller mining pools have...
Bitcoin Less Risky Than Tesla, Ethereum at USD 10,500 + More News
20.1.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Bitcoin news
While the most popular cryptocurrency, bitcoin (BTC), is considered to be almost in the "extreme bubble" territory, more...
Ethereum Close to ATH Against USD, But Far from ATH Against Bitcoin
19.1.2021
Even though Ethereum (ETH) is getting closer to its all-time high (ATH) against the US dollar, it's still many satoshis away from its ATH against bitcoin (BTC). (Updated at 12:09 PM UTC with the latest price data.)
Three years after reaching a major peak, ethereum may be surpassing it soon....
Ethereum is Still an Unfinished Product, Said Bitcoin Investor Lyn Alden
18.1.2021
While Ethereum (ETH)'s price could appreciate over the next year, the network remains an unfinished product that's in the process of transforming its base layer, with no concrete model to speak of outside speculation, according to popular generalist investor and bitcoin (BTC) investing app Swan...