Day: September 14, 2021

2 key Ethereum price metrics back traders’ confidence in $3,800 ETH

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According to derivatives markets, Ether (ETH) traders are still confident that there is the chance formore upside even though the 23% correction on Sept. 7 took a hit on prices.  Ethereum network congestion also peaked on Sept. 7 when the average transaction fee reached $60, and since then it has remained above $17. As a result of the lingering challenges experienced by the network, investors have shifted into Ethereum competitors with bridge and layer-two capabilities. For example, Polkadot’s DOT rose by 29% over the past week and Algorand’s ALGO spiked…

PREPARE FOR ETHEREUM'S INSANE NEXT MOVE! HUGE CRYPTOCURRENCY NEWS! DeFi & NFTs Just Getting Started!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hit Like, Share, and Subscribe for more daily cryptocurrency news $250 Sign-Up Bonus Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (WATCH WHOLE VIDEO) 0:53 – $2 TRILLION Market Cap Achieved! (first time ever) 1:21 – Bitcoin continues to be DRAINED from exchanges at unprecedented levels. 2:08 – Bitcoin in a BULL TREND! 1M possible by 2025 2:39 – Comparing 2021 to 2017 3:24 – Bitcoin Miners NOT SELLING! 4:02 – Ethereum $ETH on…

Nasdaq Listing Brings BTCS to Mainstream Markets — CoinDesk

But the trend is also working the other way, as more crypto firms are going mainstream. Some are adding traditional financial services products, such as FX or options trading, to their product suites. Others are applying to be regulated by the traditional market regulators. A third way this trend is playing out is by crypto firms seeking the ultimate market recognition: a listing on the U.S. public equity markets. Source

Quant Explains How Gemini Netflow Can Predict Bitcoin Tops

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Quant explains how there may be a correlation between the Gemini Bitcoin netflow and BTC price tops, based on pattern of the last few years. Can Gemini Netflow Predict Bitcoin’s Price Tops? As posted by an analyst on CryptoQuant, the historical chart for the Gemini netflow (30-day MA) vs the price reveals there could be a correlation between the indicator and BTC tops. The Bitcoin netflow here refers to the net number of coins exiting or entering the crypto exchange Gemini. The indicator’s value is simply calculated by taking the…

​​Governance proposals and layer-two launches provide a boost to altcoins

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Bullish sentiment is on the rise on Sept. 14 as the price of Bitcoin (BTC) climbed higher throughout the morning and now takes aim at the $47,000 level.  The building momentum also had a positive effect on altcoins and a handful of tokens posted double-digit gains. Top 6 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Rari Governance Token (RGT), Curve (CRV) and Synthetix Network (SNX). RGT holders vote on…

Sen. Warren goes after Ethereum network fees in committee hearing

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Democratic Senator Elizabeth Warren, known by many as an outspoken cryptocurrency skeptic in the United States government, criticized outages at exchanges and high transaction fees during periods of price volatility. In a Tuesday hearing of the Senate Committee on Banking, Housing, and Urban Affairs with Securities and Exchange Commission chair Gary Gensler, Warren claimed the crypto industry had fallen short on providing solutions for financial inclusion in the United States. She mentioned the price drops among cryptocurrencies, including Bitcoin (BTC) and Ether (ETH) last week, saying “$400 billion in market…

Solana Block Production Stalls for Hours, SOL Holders Unable to Transact, Validators Deploy a Fix – Bitcoin News

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According to reports on social media, crypto forums, onchain metrics, and the Solana Status Twitter account indicate that Solana’s blockchain has stalled. Solana mainnet-beta suffered a four-hour downtime and is still down after a technical glitch. Solana’s Network Stalls In recent times, solana (SOL) joined the top ten crypto assets by market valuation and today, SOL’s market cap position is the seventh-largest. At the time of writing, SOL has been exchanging hands for $159 per unit and is down 2.8% during the last week. @phantom I’m locked out of my…

Blood In The Streets Market Becomes Fearful As Bitcoin Dives

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Making its way up to the higher levels of its current range, Bitcoin records a 5.6% profit in 24 hours. BTC’s price took a heavy loss, as the implementation of its legal tender status in El Salvador became a “buy the rumor, sell the news” event. At the time of writing, the first cryptocurrency by market cap trades at $46,529 with an 11.8% loss in the 7-day chart. BTC with moderate profits in the daily chart. Source: BTCUSD Tradingview Previous to this event, Bitcoin made a quick move to the…

Play-to-Earn Is Already the Biggest Star in the Metaverse

If you want to play the role of God, you can’t overlook the fish. This is the implied message of a woman named Kelsei, aka “Pandapops,” who, over a video live-stream, gives a class on how to create digital worlds. Imagine an empty grid. Then the grid is filled with an aquarium, water and spooky fish. One of the fish has creepy eyes. One has a weird little tail. One looks like an alien. Pandapops is upbeat and friendly, with a British accent and bright blue hair. “I really wanted…