Tag: ETH

Bitcoin (BTC) Price Falls Under $63K; ETH, SOL, ADA Dumps 8%

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Ethereum Price Extends Losses, Can Bears Send ETH To $3,200?

Ethereum price extended its decline below $3,500. ETH is showing a few bearish signs and there could be a drop toward the $3,200 support zone. Ethereum started a downside correction below the $3,550 zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $3,520 on the hourly chart of ETH/USD (data feed via Kraken). The pair could resume its decline if it stays below the $3,520 and $3,550 resistance levels. Ethereum Price Breaks Support Ethereum price…

Bitcoin To $150k, ETH To $8k By Year-End

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Standard Chartered’s latest research notes offer a very bullish outlook for the major digital assets, Bitcoin (BTC) and Ethereum (ETH), by the end of 2024 and beyond. The bank’s analysts project Bitcoin could reach $150,000, while Ethereum could hit the $8,000 mark. These projections come amidst a backdrop of significant developments in the crypto space, including the launch of Bitcoin spot Exchange-Traded Funds (ETFs) and Ethereum’s recent Dencun upgrade. Bitcoin’s Path To $150,000 The bank’s research delves deep into the factors propelling Bitcoin’s potential surge to $150,000 by year-end. Central…

ETH nears $4,000 as Kelexo presale ignites post-BTC halving buzz

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. Ethereum (ETH) approaches $4,000, while Kelexo (KLXO) presale excites investors, potentially soaring post-bitcoin halving. Investors enjoying this period most likely have significant holdings of Ethereum (ETH) or Bitcoin (BTC). Both coins have been performing excellently since the middle of February and look set to break records. As they continue to grow, so does their appeal and the…

Justin Sun Deposits $480M of ETH to Restaking Protocol Ether.Fi

Liquid restaking involves staking ether, which helps secure Ethereum, in return for a yield and often also loyalty points that can eventually be converted into a token airdrop. In return for the staked ether, restaking protocols like Ether.Fi distribute a liquid restaking token, in this case eETH, which is pegged to ether’s price. The token can be used on other decentralized finance (DeFi) protocols to earn additional yield. Source

‘Dencun’ Upgrade Officially Deployed On Ethereum Mainnet, ETH Price Holds Steady Below $4,000

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Ethereum (ETH) has completed a major software upgrade, Dencun, that promises to make utilizing the network ecosystem more cost-effective. This update specifically targets Layer 2 (L2) networks, such as Arbitrum (ARB), Polygon (MATIC), and Coinbase’s Base, which are interconnected with Ethereum.  With Dencun, transaction costs on these networks have significantly decreased, with fees dropping from dollars to cents or even fractions of a cent. Ethereum Dencun Upgrade And Cost Savings Considered the most significant change in Ethereum’s end-user experience, the Dencun upgrade is expected to foster the development of new…