Tag: ETH

Bitcoin Price (BTC) and Ether Price (ETH) Tumble as Nikkei Sheds 6%

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Megaeth: The Endgame ETH Scaling Solution

This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Gaz of Blocmates breaks down Megaeth, one of the hottest Layer 2s, including explaining the technical reasons why so many people are excited […] Source CryptoX Portal

Analyst Says ETH Price Will Struggle As Spot Ethereum ETFs Expectations Crash

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Pseudonymous trader and analyst Roman has made a bold prediction regarding the ETH price, suggesting that investors should lower their short-term expectations. This comes amid a drop in the hype around the Spot Ethereum ETFs, with these funds currently suffering significant outflows.  What To Expect From The ETH Price Roman mentioned during an interview with Hall of Flame that he doesn’t see Ethereum “doing that well” for the next few months. The analyst believes that ETH will suffer a similar fate to the rest of the crypto market as Bitcoin…

Ethereum Price Battles Resistance: Can ETH Regain Momentum?

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Ethereum price corrected gains and traded below the $3,300 level. ETH is consolidating and facing hurdles near the $3,300 resistance zone. Ethereum started a downside correction from the $3,400 resistance. The price is trading below $3,330 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,295 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it clears the $3,330 resistance zone. Ethereum Price Extends Losses Below $3,300 Ethereum price failed to clear…

Ethereum vs. Bitcoin: Why ETH Could See Larger Fluctuations Soon, QCP Reveals

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Regardless of both their maturity in the market, Bitcoin and Ethereum rivalry persists. According to recent insights from QCP Capital, a global digital asset trading firm and market maker, Ethereum appears to have now shown potential for larger price fluctuations compared to Bitcoin. QCP reveals that the volatility premium between these two major cryptocurrencies has seen a notable increase, with Ethereum leading in potential price swings. ETH to see Larger Price Swings than BTC Delving further into the insights shared, QCP Capital disclosed that it has observed Ethereum’s volatility premium over…

Over 33 Million ETH Staked As Spot Ethereum ETFs Roll Out: Up Next $4,000?

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Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com,…

Here’s Why ETH Could Skyrocket to $15,000 Soon

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Ethereum, the second-largest cryptocurrency by market capitalization, has started showing signs of a bullish trajectory. Particularly, according to insights from CoinSignals, a prominent crypto analysis platform, Ethereum is poised for a significant price rally. The platform suggests that Ethereum could see its value rise to between $12,000 and $15,000 shortly. This forecast is based on positive market trends and strong fundamental performance indicators supporting a sustained value increase. Related Reading ETH Fundamental Strengths CoinSignals’ optimism is backed by several key factors that differentiate ETH from its peers, notably Bitcoin. Unlike…

Ethereum Price Stabilizes: Can ETH Gain Traction for an Upswing?

Ethereum price struggled to clear the $3,400 zone and corrected gains. ETH is firm near $3,280 and might attempt another increase in the near term. Ethereum started a downside correction from the $3,400 resistance. The price is trading near $3,280 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,280 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase unless there is a close below the $3,250 support zone. Ethereum Price Holds Firm While Bitcoin…

Transitioning from Miners to Stakers: Securing the Ethereum (ETH) Blockchain

Alvin Lang Jul 30, 2024 01:49 Exploring the transition from mining to staking and its impact on securing the Ethereum (ETH) blockchain, according to Grayscale. The Ethereum (ETH) blockchain has undergone a significant transformation with its shift from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism. This transition, known as ‘The Merge,’ has replaced traditional miners with stakers, fundamentally altering the way the network is secured, according to a report by Grayscale. The Merge and Its Implications Ethereum’s transition to PoS,…

Ethereum Technical Analysis: ETH Shows Signs of Recovery as Bulls Eye $3,400 Breakout

Ethereum is currently priced at $3,374, with intraday fluctuations ranging from $3,253 to $3,395. Boasting a market capitalization of $407 billion and a 24-hour trade volume of $11.49 billion, ETH demonstrates significant market activity. Ethereum The hourly chart for ethereum (ETH) depicts a sharp decline followed by a steady recovery. After hitting a low of […] Source CryptoX Portal